The typical owner-occupied home in Wolford is worth about $55,000, 78% below the North Dakota median of $249,900 and 83% below the national median of $332,700. Owners pay a median $733 a year in property taxes, about 1.33% of their home's value, higher than the North Dakota rate of 0.99%. The median household earns $43,750 a year, so the median home costs 1.3 times the median income (3.3 times for North Dakota). 75% of occupied homes here are lived in by their owners, and 11% of those owners still have a mortgage.
Wolford at a glance
| Wolford | North Dakota | U.S. | |
|---|---|---|---|
| Median home value | $55,000 | $249,900 | $332,700 |
| Median property tax paid per year | $733 | $2,468 | $3,119 |
| Property tax as a share of value | 1.33% | 0.99% | 0.94% |
| Median household income | $43,750 | $76,657 | $80,734 |
| Homes lived in by their owners | 75% | 63% | 65% |
| Owner homes with a mortgage | 11% | 52% | 61% |
| Median monthly costs, owners with a mortgage | – | $1,762 | $1,963 |
| Median rent | – | $954 | $1,413 |
| Median year homes were built | 1938 | 1982 | 1980 |
| Vacant homes | 55.6% | 12.3% | 10.1% |
| Population | 26 | 784,841 | 334,922,499 |
What a typical home costs per month in Wolford
At this week's average 30-year rate of 7.11%, buying the median Wolford home of $55,000 with 20% down costs about $380 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $472, 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 $16,280 for the 20%-down payment. That payment is 10% of the median Wolford household income of $43,750; at that income and 20% down, the 28% guideline points to a home of about $148,000.
| Down payment | $11,000 |
|---|---|
| Loan amount | $44,000 |
| Principal and interest | $296 |
| Property taxes (1.33% a year) | $61 |
| Homeowners insurance (our estimate, 0.5% a year) | $23 |
| PMI | $0 |
| Total per month | $380 |
Change the numbers in the calculator
| Down payment | $1,925 |
|---|---|
| Loan amount | $54,004 |
| Principal and interest | $363 |
| Property taxes (1.33% a year) | $61 |
| Homeowners insurance (our estimate, 0.5% a year) | $23 |
| FHA mortgage insurance | $24 |
| Total per month | $472 |
Change the numbers in the calculator
Questions about home buying in Wolford
What is the median home value in Wolford?
About $55,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Wolford?
Homeowners pay a median $733 a year, which is about 1.33% 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 Wolford?
For the median home with 20% down at 7.11%, the payment is about $380 a month. Keeping that under 28% of gross income takes about $16,280 a year.
More about Wolford
- Mortgage Refinance in Wolford
- Debt Relief in Wolford
- Home Equity Loans in Wolford
- 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