Quick facts: Belfield, ND

Quick Facts

94.7
Cost of Living
below US average
967
Population
19.65
Crime Rate per 1000
below US average
$77,850
Median Income
below US average
$165,000
Median House Price
above US average
$1200
Average Rent
below US average
12%
Poverty Rate
above US average
1.5%
Unemployment Rate
below US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $77,850.

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Income Needed to Buy

βœ“ Affordable
$52k/year
Based on $165,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
πŸ“Š Median income ($77,850) exceeds requirement
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Income Needed to Rent

βœ“ Affordable
$51k/year
Based on $1200/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($77,850) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Belfield, ND

Belfield is a small city located in Stark County, North Dakota, known for its scenic landscapes and tight-knit community. With a population of around 1,000 residents, Belfield serves as a cozy hub for the surrounding agricultural area. Situated near the beautiful Badlands, it offers outdoor enthusiasts a range of activities such as hiking, fishing, and wildlife watching. The city is home to several parks and recreational spaces, making it family-friendly. Belfield’s economy is primarily driven by agriculture, oil, and tourism, as its proximity to the Theodore Roosevelt National Park attracts visitors looking to explore the stunning natural beauty of western North Dakota. The area also has a growing number of small businesses, restaurants, and local shops, contributing to its charm. Overall, Belfield embodies the spirit of rural North Dakota, providing a peaceful lifestyle while being close to larger cities like Dickinson, which is just a short drive away. Whether you're visiting or considering a new home, Belfield offers a unique blend of tranquility and community.

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