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Fordville-Lankin Public School District 5

Learn about the people, housing, costs and businesses in Fordville-Lankin Public School District 5, North Dakota

Median Home$134,975
Median Rent$672/month
Population2,307
Leading IndustriesConstruction · Agriculture & Mining16% construction
Home Value Growth⬆⬆+15.5% over 2 years
Retirees24% of residentsabove average nationally
Homeowners81% of occupied units
NotableAffordable Market$135k median home · lower cost than 89% of the country
NotableVeteran Community9% of residents · top 15% nationally
Fordville-Lankin Public School District 5
ND

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Frequently Asked Questions

What are today's mortgage rates in Fordville-Lankin Public School District 5?

As of today, the 30-year fixed mortgage rate for Fordville-Lankin Public School District 5 is approximately 7.007% (7.050% 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 Fordville-Lankin Public School District 5?

The median home value in Fordville-Lankin Public School District 5 is $135k. The median monthly rent is $672. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Fordville-Lankin Public School District 5?

Home values in Fordville-Lankin Public School District 5 have increased 15.5% 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 Fordville-Lankin Public School District 5?

Based on a typical all-in ownership cost of $720/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 Fordville-Lankin Public School District 5 is $70k/year.

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What industries drive the economy in Fordville-Lankin Public School District 5?

The largest employment sectors in Fordville-Lankin Public School District 5 are public administration (19%) and agriculture and mining (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.