With a 1.95% top income tax rate and 0.94% property tax, North Dakota homeowners face a moderate combined tax burden. This calculator is pre-filled with North Dakota numbers: $250,000 median price, 0.94% property tax, $1,600/year insurance.
Last updated: March 13, 2026
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Monthly Payment (North Dakota)$0
Loan Details — North Dakota
North Dakota median: $250,000
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Below 20% triggers PMI on conventional loans
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Average 30-year fixed ~6.75% (March 2026)
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North Dakota average: 0.94%
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North Dakota average: $1,600/yr
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North Dakota Metro Area Home Prices
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North Dakota's Tax Landscape and Your Mortgage
North Dakota levies a flat 1.95% income tax on all taxable income. A household earning $150,000 pays approximately $2,194 in state income tax, which reduces the amount available for monthly mortgage payments by roughly $183/month.
At the state's median home price of $250,000, the $0.94% property tax rate adds $196/month to your mortgage payment. That's $2,350/year — near the national median of ~1.1%.
Property Taxes Across North Dakota
The 0.94% statewide average masks significant variation. Property tax rates vary by county — Cass County (Fargo) and Burleigh County (Bismarck) differ from oil-country counties
Price ranges across the state: Fargo has a median of $290,000, while Grand Forks sits at $245,000 — a $45,000 gap that dramatically changes your monthly payment. At $0.94% property tax, that price difference alone means $35/month more in property tax in Fargo.
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Homebuyer Programs and Exemptions
North Dakota offers several programs for homebuyers:
NDHFA FirstHome program with below-market rates
Down payment/closing cost assistance up to $16,000
Homestead exemption: Homestead credit for qualifying low-income or disabled homeowners
North Dakota-Specific Considerations
One of the lowest income tax rates in the nation at 1.95% flat
Affordable housing market
Oil boom areas (Williston) have seen volatile housing prices
Cold climate means higher heating costs and potential for foundation issues
Property tax rates vary by county — Cass County (Fargo) and Burleigh County (Bismarck) differ from oil-country counties
Compare North Dakota Mortgage Rates
See personalized rates from North Dakota lenders. LendingTree matches you with up to 5 offers so you can compare and save.
0.39% property tax, 5% top rate. Median home: $232,500.
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1.04% property tax, no income tax. Median home: $340,000.
Arizona Mortgage Calculator
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0.62% property tax, 2.5% top rate. Median home: $395,000.
Frequently Asked Questions
What is the average property tax rate in North Dakota?
The average effective property tax rate in North Dakota is 0.94%. On a $250,000 home (the state median), that works out to approximately $2,350/year or $196/month added to your mortgage payment. Property tax rates vary by county and school district within North Dakota — always check your specific jurisdiction's rate. Homestead exemption: Homestead credit for qualifying low-income or disabled homeowners
How much does homeowners insurance cost in North Dakota?
The average annual homeowners insurance premium in North Dakota is approximately $1,600 ($133/month). This is near the national average of approximately $1,500/year. Actual premiums depend on your home's location, age, construction type, and coverage limits.
What first-time homebuyer programs are available in North Dakota?
NDHFA FirstHome program with below-market rates. Down payment/closing cost assistance up to $16,000. These programs typically have income limits, purchase price caps, and may require homebuyer education courses. Check the North Dakota housing finance agency website for current eligibility requirements and application deadlines.
How does North Dakota's 1.95% income tax affect home affordability?
North Dakota's top income tax rate of 1.95% reduces your take-home pay, which affects how much mortgage you can comfortably carry. On a $150,000 salary, state income tax takes roughly $1,901-$2,486/year (effective rate is lower than the top marginal rate). Combined with 0.94% property tax, the total tax burden in North Dakota is above average. Use our paycheck calculator to see your exact take-home pay.
What is the conforming loan limit in North Dakota?
The 2026 conforming loan limit in North Dakota is $806,500. Loans above this amount are considered jumbo loans and typically carry higher interest rates (0.25-0.5% premium), require larger down payments (10-20%), and have stricter qualification requirements including higher credit scores (700+) and lower debt-to-income ratios.
This calculator is for educational purposes. Tax rates and insurance costs are based on North Dakota state averages and may not reflect your specific county, school district, or municipality. Consult a financial professional for advice specific to your situation.