Total monthly cost of ownership
Cost to Own a Home in Dickinson, North Dakota
A $252,000 home here costs
$2,103per 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 $90,000 a year.
A standard mortgage calculator would have told you $1,374. The real number is $729 higher every month, 53% more than the payment most buyers budget for.
Compare Stark County with anywhere in America · full county breakdown
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Dickinson against Stark County and North Dakota
| Measure | Dickinson | Stark County |
|---|---|---|
| Median home value | $252,400 | $260,400 |
| Median property tax | $2,475 | $2,398 |
| Effective tax rate | 0.981% | 0.921% |
| Median gross rent | $963 | $966 |
| Population | 25,216 | 33,116 |
The weather behind that power bill
Dickinson sits in Stark County, which averages a high of 83.9°F in its hottest month and a low of 6.2°F in its coldest, with 15.63" of precipitation a year and 52% of it in a single three-month stretch. That climate drives 419 cooling and 8,471 heating degree days, which is what sets the $137 electricity line above.
See the full climate breakdown for Stark County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Stark County
No other places of this size are published in Stark County.
Full Stark County cost breakdown · Every county in North Dakota
Talk to someone who works this market
These are Dickinson 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 Dickinson every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Dickinson I already own here and may sell
Common questions
How much does it cost to own a home in Dickinson?
A $252,000 home in Dickinson, North Dakota costs approximately $2,103 per month with 20% down at 7.24%. That is $1,374 principal and interest, $206 property tax, $108 homeowners insurance, $205 utilities and $210 set aside for maintenance.
What is the property tax rate in Dickinson?
Dickinson has an effective property tax rate of 0.981%, based on a median home value of $252,400 and median real estate taxes of $2,475. That is higher than the Stark County average of 0.921%.
What is the average home price in Dickinson?
The median owner-occupied home value in Dickinson, North Dakota is $252,400, against $260,400 across Stark County.
Is it cheaper to rent or buy in Dickinson?
Median gross rent in Dickinson is $963 a month, against $2,103 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 Dickinson?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Dickinson, North Dakota at today's rate takes a household income of roughly $90,000 a year. That covers the full $2,103 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Dickinson, 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.