Minot, ND

This city of 46,744 residents needs 519 more housing units over the next five years. Minot is a CDBG-entitlement community, see how the ROAD to Housing Act could change that funding. Minot is part of the Central Dakota MPO.

Housing snapshot

Population
46,744 (2026)
Households
20,967
Median household income
$82,437 (2026)
Typical home value
$290,296
Owner-occupied
50%
Five-year housing need
519 units

Comparison to other North Dakota municipalities

Minot: $82,437 Median income (2026 estimate)
<$45K >$125K
Minot: 1.15 jobs to household ratio
<0.29 >1.72
Minot: Permits since 2021 represent 2.3% of housing
<0.2% >10%
On this page

How affordable is this community?

A typical home in Minot, ND costs $290,296, somewhat above the North Dakota average of $223,702. Minot, ND's median household income of $82,437 puts the typical home within reach for most households.

This chart tracks whether housing prices are keeping pace with local incomes. The gap between what homes cost and what households can afford reveals affordability trends over time.

How is the population changing?

Minot, ND has a population of roughly 47,791, growing modestly at 0.8% per year.

Population growth patterns reveal how communities are evolving. This chart shows historical population changes by age group and projects future trends based on demographic patterns.

How has employment changed over time?

Jobs by industry sector since 2012. Switch between local jobs — counted where the jobs are located — and resident jobs, counted where the workers live. On the local view the most recent year is a nowcast: it grows the latest local LODES job mix forward using recent county employment growth from QCEW and the BLS local employment series, so the newest point tracks today's economy instead of data that is roughly two years old.

How are households changing by income?

With roughly 20,967 households, Minot, ND is growing modestly at 0.8% per year.

Understanding how households at different income levels are growing or declining helps identify which groups face the greatest housing pressure and where new housing is most needed.

Who lives here today?

The housing stock in Minot, ND is relatively mixed, with detached single-family as the most common type at 47%. Minot, ND is roughly split between owners and renters, at 50% owner-occupied.

Households may have different structure type preferences depending on characteristics such as household size, income, employment, presence of children, age of individuals, and lifestyle choices. Understanding the housing stock in corresponding terms helps assess how well existing units align with existing households' ideals.

What does the housing stock look like?

The mix of housing types and ownership patterns shapes a community's character. This chart breaks down housing units by structure type and whether they're owner-occupied or rented.

How much new housing supply is needed?

To keep up with growth and fill current housing shortages, Minot, ND needs 519 new units over the next 5 years.

519
Units to address shortages in existing housing stock
Production needs to address vacancy rates and other factors.
194
Replacement housing
Effective annual loss rate is 1.6 per 1,000 units.
258
Rental vacancy adjustment
Rental vacancy is 5.0%. This is below the minimum stable target of 7.4%.
67
Overcrowding adjustment
Overcrowding rate is 3.7%. This is above National avg. of 3.4%.
519
Total 5-year housing production need (2026-2031)
104
Annual production pace
Average units needed per year to meet 5-year need
2.2%
Total housing unit growth
Percent increase in housing stock over 5 years
0.4%
Annual housing unit growth
Average percent increase in housing stock per year

Build Now Act: how could CDBG funding change?

The Build Now Act (Section 213 of the 21st Century ROAD to Housing Act) ties a CDBG entitlement community's grant to how much housing it is building. This is a CommunityScale estimate from public ACS data, not HUD's official determination — HUD calculates from Census Master Address File block counts.

How does this place compare to similar communities?