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Butte

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

Median Home$212,200
Median Rent$630/month
Population72
Leading IndustriesTransportation · Wholesale Trade · Construction7% transportation
Home Value Growth+3.1% over 2 years
Family-Friendly29% of residentswell above average
Homeowners90% of occupied units
Butte
ND

Frequently Asked Questions

What are today's mortgage rates in Butte?

As of today, the 30-year fixed mortgage rate for Butte is approximately 6.966% (7.008% 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 Butte?

The median home value in Butte is $212k. The median monthly rent is $630. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Butte?

Home values in Butte have increased 3.1% over the past two years. This represents moderate growth. 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 Butte?

Based on a typical all-in ownership cost of $731/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $31k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Butte is $79k/year.

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What industries drive the economy in Butte?

The largest employment sectors in Butte are public administration (26%) and wholesale trade (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.