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Lignite

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

Median Home$158,100
Median Rent$684/month
Population138
Leading IndustriesRetail · Education16% retail
Young Adults29% of residentsslightly above average
Homeowners76% of occupied units
NotableHigh Incomes$92k/year · top 23% nationally
NotableAffordable Market$158k median home · lower cost than 71% of the country
Lignite
ND

Frequently Asked Questions

What are today's mortgage rates in Lignite?

As of today, the 30-year fixed mortgage rate for Lignite is approximately 6.920% (6.957% 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 Lignite?

The median home value in Lignite is $158k. The median monthly rent is $684. Annual property taxes average $846. Home values are based on U.S. Census Bureau American Community Survey estimates.

How much income do you need to buy a home in Lignite?

Based on a typical all-in ownership cost of $689/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $30k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Lignite is $92k/year.

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What industries drive the economy in Lignite?

The largest employment sectors in Lignite are public administration (24%) and retail (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.