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Almont

Learn about the people, housing, costs and businesses in Almont, North Dakota

Median Home$154,700
Median Rent$850/month
Population85
Leading IndustriesHealthcare · Transportation · Professional Services13% healthcare
Home Value Growth⬆⬆+13.1% over 2 years
Family-Friendly25% of residentsslightly above average
Homeowners83% of occupied units
NotableTransit82/100 · excellent transit access
Almont
ND

Frequently Asked Questions

What are today's mortgage rates in Almont?

As of today, the 30-year fixed mortgage rate for Almont is approximately 6.905% (6.941% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Almont?

The median home value in Almont is $155k. The median monthly rent is $850. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Almont?

Home values in Almont have increased 13.1% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Almont?

Based on a typical all-in ownership cost of $803/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $34k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Almont is $71k/year.

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What industries drive the economy in Almont?

The largest employment sectors in Almont are public administration (23%) and healthcare (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.