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Mandaree

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

Median Home$164,100
Median Rent$806/month
Population434
Leading IndustriesManufacturing · Transportation · Agriculture & Mining4% manufacturing
Home Value Growth⬆⬆+16.4% over 2 years
Family-Friendly38% of residentstop 1% nationally
Renters61% of occupied units
NotableAffordable Market$164k median home · lower cost than 68% of the country
Mandaree
ND

Frequently Asked Questions

What are today's mortgage rates in Mandaree?

As of today, the 30-year fixed mortgage rate for Mandaree is approximately 7.010% (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 Mandaree?

The median home value in Mandaree is $164k. The median monthly rent is $806. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Mandaree?

Home values in Mandaree have increased 16.4% 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 Mandaree?

Based on a typical all-in ownership cost of $757/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $32k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Mandaree is $60k/year.

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What industries drive the economy in Mandaree?

The largest employment sectors in Mandaree are public administration (22%) and agriculture and mining (9%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.