November 2022 Newsletter
All about HOUSING
A Housing Forecast.
The Center for Social Research at NDSU recently completed the North Dakota State Housing Needs Assessment, in partnership with and on behalf of the North Dakota Housing Finance Agency. A comprehensive analysis of North Dakota’s demographic and economic conditions that affect housing dynamics, existing housing characteristics, and affordability issues finds that the state’s focus needs to shift from building as fast as possible to addressing the age of its housing stock, limited housing options, and affordability barriers. 

Spotlight On Housing Costs.
In North Dakota, housing costs continue to be substantially more of a burden for renters than homeowners. While the percentage of housing cost-burdened homeowners and renters decreased slightly over the past decade, it sharply increased in the past two years as the pandemic unfolded. Housing insecurity increased especially for households that experienced a loss of employment income, which made it more likely for them to struggle to pay for usual household expenses such as rent or a mortgage.

Homeownership Rates.
Homeownership is a significant asset-building strategy for individuals. Owning a home is an important source of stability for children and their families but home ownership may not be an option for households with lower income.

In North Dakota, in 2021, 85 percent of households with a household income of $100,000 or more owned a house. What percent of households with an income $20,000 to $34,999 were homeowners?
More Than Housing Data.
Explore newly updated charts. Check back often for the newest data available:

DISPARITIES

HEALTH
Check The Newly Updated Trends!