Cost of Living in Grand Forks, ND
Population: 58,882 • 2026 Data
$63,838
Median Household Income
-18% vs national
$958
Median Monthly Rent
-29% vs national
$243,300
Median Home Value
-28% vs national
2.9%
Unemployment Rate
Housing in Grand Forks
The median home value in Grand Forks, ND is $243,300. Monthly rent for a typical unit averages $958, while total monthly housing costs (including utilities and insurance) average $1,035.
Rent-to-income ratio: 18.0%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Grand Forks, ND is $63,838. The unemployment rate stands at 2.9%, with a labor force of 34,691 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.