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Brocket

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

Median Home$223,300
Median Rent$930/month
Population30
Leading IndustriesProfessional Services · Healthcare2% professional services
Home Value Growth⬆⬆+18.2% over 2 years
Retirees22% of residentsnear the national average
Homeowners85% of occupied units
NotableHigh Incomes$96k/year · top 20% nationally
NotableVeteran Community9% of residents · top 22% nationally
Brocket
ND

Frequently Asked Questions

What are today's mortgage rates in Brocket?

As of today, the 30-year fixed mortgage rate for Brocket is approximately 6.864% (6.899% 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 Brocket?

The median home value in Brocket is $223k. The median monthly rent is $930. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Brocket?

Home values in Brocket have increased 18.2% 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 Brocket?

Based on a typical all-in ownership cost of $846/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $36k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Brocket is $96k/year.

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What industries drive the economy in Brocket?

The largest employment sectors in Brocket are public administration (22%) and healthcare (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.