Living in Minot, North Dakota

Cost of living, income, home prices, rent and demographics of Minot · Census data 2020–2024

Minot has 47,791 residents with a median age of 33.5. The median household income is $73,219 (4% lower than the North Dakota median), the median home value is $257,100, the median rent is $973/month.

Minot at a glance

Population
47,791
Median age
33.5State: 35.9
Median household income
$73,219State: $76,657
Median home value
$257,100State: $249,900
Median rent
$973/moState: $954
Homeowners
56.7%
Bachelor's degree or higher
29.7%
Average commute
20 min

Is Minot a good place to live?

Cons: Median household income 4% lower than the North Dakota median; home values about the same as the state median; an average commute of 20 minutes; unemployment of 3.4%; a poverty rate of 11.1%.

The weather is best in June to September.

Cost of living in Minot

Housing is the biggest part of the cost of living. In Minot the median home value is $257,100, 23% lower than the U.S. median. Renters pay a median of $973 per month, which is 24.3% of household income. Homeowners with a mortgage pay $1,841 a month in housing costs.

Median home value

Minot$257,100
North Dakota$249,900
United States$332,700

Median monthly rent

Minot$973
North Dakota$954
United States$1,413

Minot median household income

The median household income in Minot is $73,219 and the income per person is $43,757. 11.1% of residents live below the poverty line (North Dakota: 10.8%).

Median household income

Minot$73,219
North Dakota$76,657
United States$80,734

Housing in Minot: homes for sale and rent

Housing units
23,956
Owner-occupied
56.7%
Renter-occupied
43.3%
Vacant
11.5%Includes seasonal homes
Median year built
1983
Average household size
2.19

Minot demographics

Population
47,791
Median age
33.5
Under 18
21.9%
65 and older
14.3%
Households
21,202
Foreign-born
4.8%
Veterans
9.4%Adults 18+

Race and ethnicity

White79.5%
Hispanic or Latino7.9%
Black5.5%
Asian2.1%

Hispanic or Latino can be of any race. Population history of Minot ›

Education in Minot

29.7% of adults 25 and older in Minot have a bachelor's degree or higher (North Dakota: 32.7%), and 8.8% have a graduate or professional degree.

Bachelor's degree or higher

Minot29.7%
North Dakota32.7%
United States35.7%

Jobs and commute in Minot

Unemployment rate
3.4%State: 2.8%
Average commute
20 minState: 18 min
Work from home
5.3%
Drive alone
77.2%
Public transit
0.5%
Walk to work
1.4%
Homes with broadband
89.4%

Minot vs nearby towns

TownPopulationMedian incomeHome valueRent
Minot47,791$73,219$257,100$973
Burlington1,067$77,708$243,500$1,144
Surrey1,721$106,438$315,800—
Ruthville104$48,077$13,900—
Minot AFB4,878$62,500—$1,431
Des Lacs163$70,000$130,000—
Sawyer353$76,250$210,700$1,100
Glenburn461$80,000$178,300$1,326
Velva1,083$83,060$194,600$769

More for people moving to Minot

Minot ZIP code ›Weather and climate ›

Living in Minot: FAQ

What is the median household income in Minot, ND?

The median household income in Minot is $73,219, 4% lower than the North Dakota median of $76,657 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Minot?

The median home value in Minot is $257,100, compared with $249,900 in North Dakota.

How much is rent in Minot?

The median gross rent in Minot is $973 per month, about 24.3% of household income.

Is Minot, ND a good place to live?

Minuses: median household income 4% lower than the North Dakota median; home values about the same as the state median; an average commute of 20 minutes; unemployment of 3.4%; a poverty rate of 11.1%.

What is the median age in Minot?

The median age in Minot is 33.5 years (North Dakota: 35.9).

How long is the commute in Minot?

The average commute to work in Minot is 20 minutes; 5.3% of workers work from home.

What is the unemployment rate in Minot?

The unemployment rate in Minot is 3.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Minot?

29.7% of adults in Minot have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

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