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Monango

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

Median Home$176,500
Population27
Leading IndustriesPublic Administration · Manufacturing · Wholesale Trade28% public administration
Home Value Growth+0.8% over 2 years
Family-Friendly25% of residentsslightly above average
Homeowners83% of occupied units
Monango
ND

Frequently Asked Questions

What are today's mortgage rates in Monango?

As of today, the 30-year fixed mortgage rate for Monango is approximately 6.970% (7.009% 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 Monango?

The median home value in Monango is $177k. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Monango?

Home values in Monango have increased 0.8% over the past two years. The market has been relatively stable. 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 Monango?

Based on a typical all-in ownership cost of $627/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $27k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Monango is $56k/year.

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What industries drive the economy in Monango?

The largest employment sectors in Monango are public administration (28%) and retail (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.