Total monthly cost of ownership
Cost to Own a Home in Beulah, North Dakota
A $194,000 home here costs
$1,710per month, all in, with 20% down at today's 7.24% 30-year fixed rate. By the 28% rule that takes a household income of about $73,500 a year.
A standard mortgage calculator would have told you $1,058. The real number is $652 higher every month, 62% more than the payment most buyers budget for.
Compare Mercer County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Beulah from a five-year rolling sample, and with about 3,058 residents that sample is small. The median home value here carries a much wider margin of error than a big-city figure does, so treat it as indicative rather than exact. The Mercer County figures are drawn from a far larger sample if you want a steadier number.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Beulah against Mercer County and North Dakota
| Measure | Beulah | Mercer County |
|---|---|---|
| Median home value | $194,300 | $196,200 |
| Median property tax | $2,432 | $2,101 |
| Effective tax rate | 1.252% | 1.071% |
| Median gross rent | $1,092 | $1,043 |
| Population | 3,058 | 8,341 |
The weather behind that power bill
Beulah sits in Mercer County, which averages a high of 85.9°F in its hottest month and a low of 2.8°F in its coldest, with 16.88" of precipitation a year and 49% of it in a single three-month stretch. That climate drives 530 cooling and 8,446 heating degree days, which is what sets the $137 electricity line above.
See the full climate breakdown for Mercer County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Mercer County
Full Mercer County cost breakdown · Every county in North Dakota
Talk to someone who works this market
These are Beulah averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works Beulah every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Beulah I already own here and may sell
Common questions
How much does it cost to own a home in Beulah?
A $194,000 home in Beulah, North Dakota costs approximately $1,710 per month with 20% down at 7.24%. That is $1,058 principal and interest, $202 property tax, $83 homeowners insurance, $205 utilities and $162 set aside for maintenance.
What is the property tax rate in Beulah?
Beulah has an effective property tax rate of 1.252%, based on a median home value of $194,300 and median real estate taxes of $2,432. That is higher than the Mercer County average of 1.071%.
What is the average home price in Beulah?
The median owner-occupied home value in Beulah, North Dakota is $194,300, against $196,200 across Mercer County.
Is it cheaper to rent or buy in Beulah?
Median gross rent in Beulah is $1,092 a month, against $1,710 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Beulah?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Beulah, North Dakota at today's rate takes a household income of roughly $73,500 a year. That covers the full $1,710 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Beulah, US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance, NAIC average premium for North Dakota.
- Electricity price, EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate, Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.