The typical owner-occupied home in Des Lacs is worth about $130,000, 48% below the North Dakota median of $249,900 and 61% below the national median of $332,700. Owners pay a median $1,222 a year in property taxes, about 0.94% of their home's value, close to the North Dakota rate of 0.99%. The median household earns $70,000 a year, so the median home costs 1.9 times the median income (3.3 times for North Dakota). 98% of occupied homes here are lived in by their owners, and 74% of those owners still have a mortgage.
Des Lacs at a glance
| Des Lacs | North Dakota | U.S. | |
|---|---|---|---|
| Median home value | $130,000 | $249,900 | $332,700 |
| Median property tax paid per year | $1,222 | $2,468 | $3,119 |
| Property tax as a share of value | 0.94% | 0.99% | 0.94% |
| Median household income | $70,000 | $76,657 | $80,734 |
| Homes lived in by their owners | 98% | 63% | 65% |
| Owner homes with a mortgage | 74% | 52% | 61% |
| Median monthly costs, owners with a mortgage | $1,194 | $1,762 | $1,963 |
| Those costs as a share of the owners' income | 17.6% | 19.4% | 21.0% |
| Median rent | – | $954 | $1,413 |
| Median year homes were built | 1971 | 1982 | 1980 |
| Vacant homes | 0.0% | 12.3% | 10.1% |
| Population | 163 | 784,841 | 334,922,499 |
What a typical home costs per month in Des Lacs
At this week's average 30-year rate of 7.11%, buying the median Des Lacs home of $130,000 with 20% down costs about $856 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,072, 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 $36,669 for the 20%-down payment. That payment is 15% of the median Des Lacs household income of $70,000; at that income and 20% down, the 28% guideline points to a home of about $248,000.
| Down payment | $26,000 |
|---|---|
| Loan amount | $104,000 |
| Principal and interest | $700 |
| Property taxes (0.94% a year) | $102 |
| Homeowners insurance (our estimate, 0.5% a year) | $54 |
| PMI | $0 |
| Total per month | $856 |
Change the numbers in the calculator
| Down payment | $4,550 |
|---|---|
| Loan amount | $127,645 |
| Principal and interest | $859 |
| Property taxes (0.94% a year) | $102 |
| Homeowners insurance (our estimate, 0.5% a year) | $54 |
| FHA mortgage insurance | $58 |
| Total per month | $1,072 |
Change the numbers in the calculator
Questions about home buying in Des Lacs
What is the median home value in Des Lacs?
About $130,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Des Lacs?
Homeowners pay a median $1,222 a year, which is about 0.94% 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 Des Lacs?
For the median home with 20% down at 7.11%, the payment is about $856 a month. Keeping that under 28% of gross income takes about $36,669 a year.
More about Des Lacs
- Mortgage Refinance in Des Lacs
- Debt Relief in Des Lacs
- Home Equity Loans in Des Lacs
- 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