Valley City, ND Community Information

Valley City, ND Homes for Sale

Valley City, ND Community Information

Population

7,943

Median Age

42.0

Median Household Income

$48,834

Households with Children

38.27%

Median Travel Time to Work

15 minutes

Valley City, ND Real Estate Market Information

Homes Owned

62.99%

Homes Rented

30.26%

Homes Vacant

6.75%

Valley City, ND Home Price-Rent Ratio

The price-rent ratio is a great way to compare the costs of buying and renting both within a city and is useful to compare against other cities as well. Technically it is the average cost of ownership divided by the received rent income if buying to let. The formula is House Price / (Monthly Rent x 12).

1:1

Low Home Price-Rent Ratio

High Home Price-Rent Ratio

What does it mean?

1-10

It is less expensive to own than to rent a home in this city depending factors such as length of ownership.

11-20

The total costs of ownership of a home in this city are greater than the costs of renting, but it might still make financial sense depending on the situation.

21 or greater

The total costs of owning a home in this city are greater than the costs of renting depending factors such as length of ownership.

*Note that this index is a broad measure. Contact a local agent to understand local market conditions.

Valley City, ND School Information

Elementary Schools

Primary Schools

Middle Schools

High Schools

These are the closest schools to your requested location. Proximity does not guarantee enrollment eligibility. Please consult your real estate agent or school district to confirm the schools you are zoned to attend.

Community Age Profile

Community

Transportation

Transportation

Education Levels

Education Levels

Occupation

Occupation

Community

  • Total Population 7,943
  • Total Male Population 3,860
  • Total Female Population 4,083
  • Population change since 2000 -5.65%
  • Median age 42.0
  • Percent of households with children 38.27%
  • Personal Crime risk 31

Transportation

  • Median travel time to work 15 minutes
  • Percent using Public transportation 0.00%
  • Percent Driving/Using Carpool 84.01
  • Percent Using Other transportation 10.49%
  • Percent Working From Home 5.50%

Education Levels

  • Some high school 11.18%
  • High school graduate 32.19%
  • Some college 22.19%
  • Associate degree 7.73%
  • Bachelor's degree 20.63%
  • Graduate degree 6.07%

Occupation

  • Agriculture, forestry, and fishing 4.99%
  • Construction 8.89%
  • Manufacturing 6.97%
  • Wholesale Trade 2.45%
  • Retail Trade 11.68%
  • Finance, insurance and real estate 3.44%
  • Services 4.42%
  • Public administration 5.06%
  • Information 1.50%
  • Professional 6.30%
  • Education 32.78%
  • Arts 7.93%

Income

  • Average household income $60,659
  • Income change since 2000 36.62%

Climate

  • Avg. January high/low temp 17.22 / -3.26
  • Avg. July high/low temp 83.12 / 56.95
  • Annual precipitation 19.10
© 2013 HomeFinder.com, LLC Equal Housing Opportunity