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Medora

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

Median Home$331,000
Median Rent$621/month
Population131
Leading IndustriesPublic Administration · Manufacturing · Professional Services30% public administration
Young Adults49% of residentstop 1% nationally
Homeowners77% of occupied units
NotableHighly Educated28% hold a bachelor's degree · top 12% nationally
NotableHigh Incomes$87k/year · top 28% nationally
Medora
ND

Frequently Asked Questions

What are today's mortgage rates in Medora?

As of today, the 30-year fixed mortgage rate for Medora is approximately 6.947% (6.985% 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 Medora?

The median home value in Medora is $331k. The median monthly rent is $621. 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 Medora?

Based on a typical all-in ownership cost of $814/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $35k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Medora is $87k/year.

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What industries drive the economy in Medora?

The largest employment sectors in Medora are public administration (30%) and healthcare (8%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.