Quick facts: Wahpeton, ND

Quick Facts

94.7
Cost of Living
below US average
8,014
Population
24.58
Crime Rate per 1000
above US average
$51,417
Median Income
below US average
$230,000
Median House Price
above US average
$575.0
Average Rent
below US average
11%
Poverty Rate
above 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 $51,417.

🏠

Income Needed to Buy

βœ— Stretch
$72k/year
Based on $230,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $72k vs median $51,417
🏒

Income Needed to Rent

βœ“ Affordable
$25k/year
Based on $575.0/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($51,417) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Wahpeton, ND

Wahpeton, North Dakota, situated in Richland County, is a small city with a rich history and a vibrant community atmosphere. Located on the banks of the Red River at the border with Minnesota, it shares a close relationship with its twin city, Breckenridge, MN. Founded in the late 1800s, Wahpeton has maintained its charm as a welcoming small town. The city is known for its picturesque landscapes, diverse cultural events, and local attractions. The North Dakota State College of Science, one of the oldest technical colleges in the country, plays a significant role in the community, contributing to education and workforce development. Outdoor enthusiasts appreciate nearby recreational opportunities, including fishing, hiking, and snowmobiling in the surrounding areas. Wahpeton’s historical sites, such as the Chahinkapa Zoo and the Richland County Historical Society, offer residents and visitors insights into its past. With a close-knit community, annual events, and a commitment to preserving its heritage, Wahpeton embodies the spirit of small-town America, making it a unique place to live and visit.

πŸ” Search & Compare Places

First Location πŸ“