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Garrison

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

Median Home$212,200
Median Rent$630/month
Population1,505
Leading IndustriesProfessional Services · Retail3% professional services
Home Value Growth+3.1% over 2 years
Family-Friendly24% of residentsslightly above average
Homeowners89% of occupied units
Garrison
ND

Frequently Asked Questions

What are today's mortgage rates in Garrison?

As of today, the 30-year fixed mortgage rate for Garrison is approximately 6.961% (7.002% 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 Garrison?

The median home value in Garrison 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 Garrison?

Home values in Garrison 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 Garrison?

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 Garrison is $79k/year.

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What industries drive the economy in Garrison?

The largest employment sectors in Garrison are public administration (22%) and retail (19%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.