The typical owner-occupied home in Harvey is worth about $118,500, 53% below the North Dakota median of $249,900 and 64% below the national median of $332,700. Owners pay a median $2,041 a year in property taxes, about 1.72% of their home's value, higher than the North Dakota rate of 0.99%. The median household earns $42,697 a year, so the median home costs 2.8 times the median income (3.3 times for North Dakota). 62% of occupied homes here are lived in by their owners, and 48% of those owners still have a mortgage.
Harvey at a glance
| Harvey | North Dakota | U.S. | |
|---|---|---|---|
| Median home value | $118,500 | $249,900 | $332,700 |
| Median property tax paid per year | $2,041 | $2,468 | $3,119 |
| Property tax as a share of value | 1.72% | 0.99% | 0.94% |
| Median household income | $42,697 | $76,657 | $80,734 |
| Homes lived in by their owners | 62% | 63% | 65% |
| Owner homes with a mortgage | 48% | 52% | 61% |
| Median monthly costs, owners with a mortgage | $1,367 | $1,762 | $1,963 |
| Those costs as a share of the owners' income | 21.1% | 19.4% | 21.0% |
| Median rent | $649 | $954 | $1,413 |
| Rent as a share of renters' income | 29.0% | 25.0% | 30.6% |
| Median year homes were built | 1969 | 1982 | 1980 |
| Vacant homes | 15.6% | 12.3% | 10.1% |
| Population | 1,679 | 784,841 | 334,922,499 |
What a typical home costs per month in Harvey
At this week's average 30-year rate of 7.11%, buying the median Harvey home of $118,500 with 20% down costs about $857 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,054, 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 $36,727 for the 20%-down payment. That payment is 24% of the median Harvey household income of $42,697; at that income and 20% down, the 28% guideline points to a home of about $138,000.
The median rent here is $649 a month, so owning the median home costs about $208 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $23,700 |
|---|---|
| Loan amount | $94,800 |
| Principal and interest | $638 |
| Property taxes (1.72% a year) | $170 |
| Homeowners insurance (our estimate, 0.5% a year) | $49 |
| PMI | $0 |
| Total per month | $857 |
Change the numbers in the calculator
| Down payment | $4,148 |
|---|---|
| Loan amount | $116,354 |
| Principal and interest | $783 |
| Property taxes (1.72% a year) | $170 |
| Homeowners insurance (our estimate, 0.5% a year) | $49 |
| FHA mortgage insurance | $52 |
| Total per month | $1,054 |
Change the numbers in the calculator
Questions about home buying in Harvey
What is the median home value in Harvey?
About $118,500 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Harvey?
Homeowners pay a median $2,041 a year, which is about 1.72% 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 Harvey?
For the median home with 20% down at 7.11%, the payment is about $857 a month. Keeping that under 28% of gross income takes about $36,727 a year.
More about Harvey
- Mortgage Refinance in Harvey
- Debt Relief in Harvey
- Home Equity Loans in Harvey
- 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