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Turtle Lake-Mercer Public School District 72

Learn about the people, housing, costs and businesses in Turtle Lake-Mercer Public School District 72, North Dakota

Median Home$219,284
Median Rent$674/month
Population1,317
Leading IndustriesManufacturing · Information & Media · Professional Services5% manufacturing
Home Value Growth+6.2% over 2 years
Retirees30% of residentstop 3% nationally
Homeowners87% of occupied units
NotableVeteran Community10% of residents · top 9% nationally
Turtle Lake-Mercer Public School District 72
ND

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Frequently Asked Questions

What are today's mortgage rates in Turtle Lake-Mercer Public School District 72?

As of today, the 30-year fixed mortgage rate for Turtle Lake-Mercer Public School District 72 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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What is the median home price in Turtle Lake-Mercer Public School District 72?

The median home value in Turtle Lake-Mercer Public School District 72 is $219k. The median monthly rent is $674. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Turtle Lake-Mercer Public School District 72?

Home values in Turtle Lake-Mercer Public School District 72 have increased 6.2% 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 Turtle Lake-Mercer Public School District 72?

Based on a typical all-in ownership cost of $766/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $33k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Turtle Lake-Mercer Public School District 72 is $81k/year.

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What industries drive the economy in Turtle Lake-Mercer Public School District 72?

The largest employment sectors in Turtle Lake-Mercer Public School District 72 are public administration (21%) and agriculture and mining (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.