Quick facts: Turtle lake, ND

Quick Facts

94.7
Cost of Living
below US average
538
Population
9.29
Crime Rate per 1000
below US average
$58,125
Median Income
below US average
$125,000
Median House Price
above US average
$1200
Average Rent
below US average
9%
Poverty Rate
below US average
3.2%
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 $58,125.

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Income Needed to Buy

βœ“ Affordable
$39k/year
Based on $125,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
πŸ“Š Median income ($58,125) 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 ($58,125) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Turtle lake, ND

Turtle Lake is a small city located in McLean County, North Dakota, with a population of roughly 1,000 residents. Nestled in the heart of the state, Turtle Lake is known for its tight-knit community and rural charm. The city serves as a hub for agricultural activities, surrounded by expansive fields that illustrate the rich farming culture of the region. Turtle Lake offers a variety of local amenities, including a school, churches, and a few family-owned businesses, creating a quaint and welcoming atmosphere. Outdoor enthusiasts can enjoy the serene landscape, with opportunities for fishing, hunting, and hiking in the surrounding areas. The nearby Turtle Lake provides recreational options for boating and swimming during the warmer months. The city is also near the larger town of Hazen, which offers additional services and amenities. Community events, such as fairs and local gatherings, foster a sense of belonging among residents. Overall, Turtle Lake represents the essence of small-town life in North Dakota, with a strong emphasis on community and tradition. Whether you're passing through or considering a visit, Turtle Lake offers a glimpse into the heart of North Dakota's rural lifestyle.

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