Cost of Living in Golden Valley County, North Dakota
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Golden Valley County Compares
Median monthly rent comparison
Detailed Housing Stats
Data Story
About Cost of Living in Golden Valley County, North Dakota
Golden Valley rents are more affordable than U.S. average
Golden Valley County's rent-to-income ratio of 13.4% sits comfortably above the national benchmark, meaning renters here spend a smaller share of their paychecks on housing. With a median household income of $76,528—slightly above the national median of $74,755—residents enjoy breathing room that many Americans lack.
Better than average across North Dakota
Golden Valley's 13.4% rent-to-income ratio exceeds the state average of 12.8%, placing it in the middle tier of North Dakota affordability. Median rent of $856 runs slightly above the state median of $770, yet incomes here support that difference.
Balanced housing costs in rural heartland
Golden Valley's median rent of $856 and median home value of $119,200 position it as moderately priced compared to nearby counties. Griggs County offers cheaper rents at $606, while Grand Forks County pushes higher at $971 for renters seeking urban amenities.
Rent and ownership both reasonable
Renters in Golden Valley spend about $856 monthly while homeowners pay $525 for mortgages—both manageable on the county's $76,528 median income. Housing consumes roughly 13% of household earnings, leaving funds for other necessities.
Consider Golden Valley for stable housing costs
If you're relocating to rural North Dakota and want solid affordability without sacrificing income potential, Golden Valley deserves a look. Compare your household income against the $856 rent or $119,200 home price to see if the numbers work for you.
Affordability Calculator
See how your income compares to housing costs in Golden Valley County
Rent Burden
13.4%
of gross income
Max Housing (28% Rule)
$1,786
per month
Owner Cost Burden
8.2%
of gross income
You can likely afford the median home in Golden Valley County
Median home value is $119,200. Estimated monthly cost: $952 vs. your max of $1,786.
Rent Affordability Guide
Frequently Asked Questions
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.