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Grand Forks AFB

Learn about the people, housing, costs and businesses in Grand Forks AFB, North Dakota

Median Home$9,999
Median Rent$1,626/month
Population1,987
Leading IndustriesFinance & Insurance · Information & Media7% finance & insurance
Home Value Growth+7.9% over 2 years
Family-Friendly30% of residentstop 4% nationally
Renters98% of occupied units
NotableVeteran Community10% of residents · top 14% nationally
Grand Forks AFB
ND

Frequently Asked Questions

What are today's mortgage rates in Grand Forks AFB?

As of today, the 30-year fixed mortgage rate for Grand Forks AFB is approximately 7.047% (7.088% 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 Grand Forks AFB?

The median home value in Grand Forks AFB is $10k. The median monthly rent is $1,626. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Grand Forks AFB?

Home values in Grand Forks AFB have increased 7.9% 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 Grand Forks AFB?

Based on a typical all-in ownership cost of $1,616/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $69k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Grand Forks AFB is $73k/year.

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What industries drive the economy in Grand Forks AFB?

The largest employment sectors in Grand Forks AFB are public administration (25%) and retail (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.