Total monthly cost of ownership
Cost to Own a Home in Pembina County, North Dakota
A $117,000 home here costs
$1,045per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $601. The real number is $444 higher every month — 74% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
How Pembina County compares
Pembina County ranks 1,195th of 3,133 US counties by effective property tax rate, meaning property taxes here are lower than in 1,938 counties and higher than in 1,194. Within North Dakota it ranks 20th of 53.
The numbers behind this page
| Measure | Pembina County | Source |
|---|---|---|
| Median home value | $116,600 | ACS B25077 |
| Median real estate taxes paid | $1,165 | ACS B25103 |
| Effective property tax rate | 0.999% | Derived |
| Median gross rent | $692 | ACS B25064 |
| Occupied housing units | 2,959 | ACS B25003 |
| Population | 6,787 | ACS B01003 |
| Residential electricity price | 13.61¢/kWh | EIA 5.6.A |
| 30-year fixed mortgage rate | 6.66% | Freddie Mac PMMS |
Other counties in North Dakota
Compare the cost of the same home elsewhere in the state.
Questions about owning here
What is the property tax rate in Pembina County?
The effective property tax rate in Pembina County, North Dakota is 0.999% of home value per year. On the county's median home value of $116,600, that works out to about $1,165 annually, or $97 per month.
How much does it cost to own a home in Pembina County?
A $117,000 home in Pembina County, North Dakota costs approximately $1,045 per month with 20% down at 6.66%. That breaks down as $601 principal and interest, $97 property tax, $59 insurance, $190 utilities and $98 set aside for maintenance.
Why is this higher than the payment my lender quoted?
Lender quotes usually show principal and interest only, and sometimes property tax and insurance. They almost never include electricity, water or a maintenance reserve. Here those add about $288 a month, which is why the real cost is 74% above the mortgage payment alone.
Is it cheaper to rent in Pembina County?
Median gross rent in Pembina County, North Dakota is $692 per month, compared with $1,045 to own the median home outright. Renting is cheaper month to month, though rent does not build equity and is not fixed for 30 years.
How much is the electric bill in Pembina County?
North Dakota residential electricity averages 13.61¢ per kWh. At the US average household usage of 899 kWh per month, that is about $122. Actual bills vary considerably with house size, insulation and climate.
Sources & methodology
- Median home value, real estate taxes paid, gross rent, occupied units and population — US Census Bureau, American Community Survey ACS 2023 5-Year, tables B25077, B25103, B25064, B25003, B01003.
- Effective property tax rate — median real estate taxes paid divided by median home value.
- Mortgage rate — Freddie Mac PMMS, updated weekly.
- Residential electricity price — US Energy Information Administration, Electric Power Monthly, Table 5.6.A.
- Homeowners insurance (0.60%/yr), maintenance (1%/yr) and water and sewer ($68/mo) are modelled national estimates, not quoted figures. Every one is editable above.