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Reeder

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

Median Home$113,200
Median Rent$594/month
Population122
Leading IndustriesWholesale Trade · Professional Services · Education12% wholesale trade
Retirees33% of residentstop 4% nationally
Homeowners72% of occupied units
NotableAffordable Market$113k median home · lower cost than 87% of the country
NotableTransit80/100 · excellent transit access
Reeder
ND

Frequently Asked Questions

What are today's mortgage rates in Reeder?

As of today, the 30-year fixed mortgage rate for Reeder is approximately 6.870% (6.905% 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 Reeder?

The median home value in Reeder is $113k. The median monthly rent is $594. 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 Reeder?

Based on a typical all-in ownership cost of $641/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 Reeder is $63k/year.

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What industries drive the economy in Reeder?

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