The typical owner-occupied home in Towner County is worth about $134,800, 46% below the North Dakota median of $249,900 and 59% below the national median of $332,700. Owners pay a median $1,182 a year in property taxes, about 0.88% of their home's value, lower than the North Dakota rate of 0.99%. The median household earns $67,350 a year, so the median home costs 2.0 times the median income (3.3 times for North Dakota). 79% of occupied homes here are lived in by their owners, and 25% of those owners still have a mortgage.
Towner County at a glance
| Towner County | North Dakota | U.S. | |
|---|---|---|---|
| Median home value | $134,800 | $249,900 | $332,700 |
| Median property tax paid per year | $1,182 | $2,468 | $3,119 |
| Property tax as a share of value | 0.88% | 0.99% | 0.94% |
| Median household income | $67,350 | $76,657 | $80,734 |
| Homes lived in by their owners | 79% | 63% | 65% |
| Owner homes with a mortgage | 25% | 52% | 61% |
| Median monthly costs, owners with a mortgage | $1,284 | $1,762 | $1,963 |
| Those costs as a share of the owners' income | 14.8% | 19.4% | 21.0% |
| Median rent | $757 | $954 | $1,413 |
| Rent as a share of renters' income | 22.4% | 25.0% | 30.6% |
| Median year homes were built | 1969 | 1982 | 1980 |
| Vacant homes | 21.2% | 12.3% | 10.1% |
| Population | 2,079 | 784,841 | 334,922,499 |
What a typical home costs per month in Towner County
At this week's average 30-year rate of 7.11%, buying the median Towner County home of $134,800 with 20% down costs about $880 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,105, 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 $37,734 for the 20%-down payment. That payment is 16% of the median Towner County household income of $67,350; at that income and 20% down, the 28% guideline points to a home of about $241,000.
The median rent here is $757 a month, so owning the median home costs about $123 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $26,960 |
|---|---|
| Loan amount | $107,840 |
| Principal and interest | $725 |
| Property taxes (0.88% a year) | $99 |
| Homeowners insurance (our estimate, 0.5% a year) | $56 |
| PMI | $0 |
| Total per month | $880 |
Change the numbers in the calculator
| Down payment | $4,718 |
|---|---|
| Loan amount | $132,358 |
| Principal and interest | $890 |
| Property taxes (0.88% a year) | $99 |
| Homeowners insurance (our estimate, 0.5% a year) | $56 |
| FHA mortgage insurance | $60 |
| Total per month | $1,105 |
Change the numbers in the calculator
Questions about home buying in Towner County
What is the median home value in Towner County?
About $134,800 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Towner County?
Homeowners pay a median $1,182 a year, which is about 0.88% 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 Towner County?
For the median home with 20% down at 7.11%, the payment is about $880 a month. Keeping that under 28% of gross income takes about $37,734 a year.
More about Towner County
- Mortgage Refinance in Towner County
- Debt Relief in Towner County
- Home Equity Loans in Towner County
- 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