The typical owner-occupied home in Mountain is worth about $99,000, 60% below the North Dakota median of $249,900 and 70% below the national median of $332,700. Owners pay a median $500 a year in property taxes, about 0.51% of their home's value, lower than the North Dakota rate of 0.99%. The median household earns $52,500 a year, so the median home costs 1.9 times the median income (3.3 times for North Dakota). 65% of occupied homes here are lived in by their owners, and 31% of those owners still have a mortgage.
Mountain at a glance
| Mountain | North Dakota | U.S. | |
|---|---|---|---|
| Median home value | $99,000 | $249,900 | $332,700 |
| Median property tax paid per year | $500 | $2,468 | $3,119 |
| Property tax as a share of value | 0.51% | 0.99% | 0.94% |
| Median household income | $52,500 | $76,657 | $80,734 |
| Homes lived in by their owners | 65% | 63% | 65% |
| Owner homes with a mortgage | 31% | 52% | 61% |
| Median monthly costs, owners with a mortgage | – | $1,762 | $1,963 |
| Median rent | – | $954 | $1,413 |
| Rent as a share of renters' income | 25.0% | 25.0% | 30.6% |
| Median year homes were built | 1975 | 1982 | 1980 |
| Vacant homes | 37.5% | 12.3% | 10.1% |
| Population | 100 | 784,841 | 334,922,499 |
What a typical home costs per month in Mountain
At this week's average 30-year rate of 7.11%, buying the median Mountain home of $99,000 with 20% down costs about $616 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $781, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $26,405 for the 20%-down payment. That payment is 14% of the median Mountain household income of $52,500; at that income and 20% down, the 28% guideline points to a home of about $197,000.
| Down payment | $19,800 |
|---|---|
| Loan amount | $79,200 |
| Principal and interest | $533 |
| Property taxes (0.51% a year) | $42 |
| Homeowners insurance (our estimate, 0.5% a year) | $41 |
| PMI | $0 |
| Total per month | $616 |
Change the numbers in the calculator
| Down payment | $3,465 |
|---|---|
| Loan amount | $97,207 |
| Principal and interest | $654 |
| Property taxes (0.51% a year) | $42 |
| Homeowners insurance (our estimate, 0.5% a year) | $41 |
| FHA mortgage insurance | $44 |
| Total per month | $781 |
Change the numbers in the calculator
Questions about home buying in Mountain
What is the median home value in Mountain?
About $99,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Mountain?
Homeowners pay a median $500 a year, which is about 0.51% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Mountain?
For the median home with 20% down at 7.11%, the payment is about $616 a month. Keeping that under 28% of gross income takes about $26,405 a year.
More about Mountain
- Mortgage Refinance in Mountain
- Debt Relief in Mountain
- Home Equity Loans in Mountain
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data