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Makoti

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

Median Home$285,900
Median Rent$1,112/month
Population141
Leading IndustriesEducation · Manufacturing · Arts, Food & Hospitality6% education
Home Value Growth⬆⬆+11.4% over 2 years
Family-Friendly29% of residentswell above average
Homeowners85% of occupied units
NotableHighly Educated38% bachelor's · 15% graduate · top 2% nationally
NotableTransit79/100 · excellent transit access
Makoti
ND

Frequently Asked Questions

What are today's mortgage rates in Makoti?

As of today, the 30-year fixed mortgage rate for Makoti is approximately 6.786% (6.818% 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 Makoti?

The median home value in Makoti is $286k. The median monthly rent is $1,112. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Makoti?

Home values in Makoti have increased 11.4% 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 Makoti?

Based on a typical all-in ownership cost of $1,094/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $47k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Makoti is $92k/year.

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What industries drive the economy in Makoti?

The largest employment sectors in Makoti are public administration (23%) and healthcare (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.