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Carrington

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

Median Home$167,500
Median Rent$780/month
Population2,056
Leading IndustryWholesale Trade9% of local workforce
Home Value Growth⬆⬆+16.6% over 2 years
Family-Friendly24% of residentsslightly above average
Homeowners80% of occupied units
NotableTransit79/100 · excellent transit access
NotableHigh Incomes$88k/year · top 27% nationally
Carrington
ND

Frequently Asked Questions

What are today's mortgage rates in Carrington?

As of today, the 30-year fixed mortgage rate for Carrington is approximately 6.870% (6.905% 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 Carrington?

The median home value in Carrington is $168k. The median monthly rent is $780. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Carrington?

Home values in Carrington have increased 16.6% 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 Carrington?

Based on a typical all-in ownership cost of $754/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $32k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Carrington is $88k/year.

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What industries drive the economy in Carrington?

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