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Bismarck, ND vs Ward County, ND
A 2-bedroom in Ward County costs $10 less per month than Bismarck ($1,165 vs $1,175). Median income is $83,982 in Bismarck and $79,273 in Ward County. That's a difference of $120 per year in housing costs.
Side-by-Side Comparison
| Metric | Bismarck | Ward County |
|---|---|---|
| Studio FMR | $961 | $806 |
| 1BR FMR | $1,030 | $960 |
| 2BR FMR | $1,175 | $1,165 |
| 3BR FMR | $1,634 | $1,620 |
| 4BR FMR | $1,884 | $1,954 |
| Median Income | $83,982 | $79,273 |
| Rent Burden | 16.8% | 17.6% |
| Actual Median Rent | $1,008 | $1,000 |
| Median Home Value | $295,500 | $259,100 |
| Population | 134K | 69K |
| Renter % | 27.3% | 38.1% |
| Vacancy Rate | 8.4% | 12.6% |
| Poverty Rate | 7.9% | 7.8% |
| Unemployment | - | 2.5% |
| YoY Change | +23% | - |
| Min Wage | $7.25/hr | $7.25/hr |
Income Required to Afford a 2-Bedroom
Bismarck, ND
Annual Income Needed
$47,000
Hourly Wage Needed
$23/hr
Min Wage Work Hours/Week
124.7 hrs
at $7.25/hr (ND min wage)
Ward County, ND
Annual Income Needed
$46,600
Hourly Wage Needed
$22/hr
Min Wage Work Hours/Week
123.6 hrs
at $7.25/hr (ND min wage)
Frequently Asked Questions
Ward County, ND is more affordable with a 2BR FMR of $1,165/mo, which is $10 less than Bismarck at $1,175/mo. However, when considering local incomes, Bismarck has a rent burden of 16.8% vs 17.6% in Ward County.
A 2-bedroom in Bismarck, ND costs $1,175/mo at Fair Market Rent, while in Ward County, ND it's $1,165/mo, a difference of $10/mo or $120/year.
To afford a 2BR without spending more than 30% of income on rent: Bismarck requires $47,000/year ($23/hr). Ward County requires $46,600/year ($22/hr).
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