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Marion

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

Median Home$110,000
Median Rent$617/month
Population129
Leading IndustriesEducation · Arts, Food & Hospitality · Transportation3% education
Family-Friendly25% of residentsslightly above average
Homeowners85% of occupied units
NotableHighly Educated32% bachelor's · 12% graduate · top 6% nationally
NotableAffordable Market$110k median home · lower cost than 88% of the country
Marion
ND

Frequently Asked Questions

What are today's mortgage rates in Marion?

As of today, the 30-year fixed mortgage rate for Marion is approximately 6.848% (6.882% 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 Marion?

The median home value in Marion is $110k. The median monthly rent is $617. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

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

Based on a typical all-in ownership cost of $671/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $29k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Marion is $77k/year.

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What industries drive the economy in Marion?

The largest employment sectors in Marion are public administration (22%) and healthcare (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.