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Minot AFB

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

Median Rent$1,435/month
Population4,878
Leading IndustriesFinance & Insurance · Manufacturing · Wholesale Trade7% finance & insurance
Home Value Growth+7.8% over 2 years
Family-Friendly36% of residentstop 1% nationally
Renters100% of occupied units
NotableVeteran Community30% of residents · top 1% nationally
Minot AFB
ND

Frequently Asked Questions

What are today's mortgage rates in Minot AFB?

As of today, the 30-year fixed mortgage rate for Minot AFB is approximately 6.988% (7.027% 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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Are home values rising in Minot AFB?

Home values in Minot AFB have increased 7.8% over the past two years. This represents moderate growth. 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 Minot AFB?

Based on a typical all-in ownership cost of $1,435/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $62k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Minot AFB is $68k/year.

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What industries drive the economy in Minot AFB?

The largest employment sectors in Minot AFB are public administration (24%) and wholesale trade (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.