The typical owner-occupied home in Ruth is worth about $68,500, 84% below the Nevada median of $435,400 and 79% below the national median of $332,700. Owners pay a median $1,107 a year in property taxes, about 1.62% of their home's value, higher than the Nevada rate of 0.47%. 100% of occupied homes here are lived in by their owners, and 62% of those owners still have a mortgage.
Ruth at a glance
| Ruth | Nevada | U.S. | |
|---|---|---|---|
| Median home value | $68,500 | $435,400 | $332,700 |
| Median property tax paid per year | $1,107 | $2,027 | $3,119 |
| Property tax as a share of value | 1.62% | 0.47% | 0.94% |
| Median household income | – | $78,260 | $80,734 |
| Homes lived in by their owners | 100% | 60% | 65% |
| Owner homes with a mortgage | 62% | 66% | 61% |
| Median monthly costs, owners with a mortgage | $872 | $1,932 | $1,963 |
| Those costs as a share of the owners' income | 37.5% | 22.3% | 21.0% |
| Median rent | – | $1,597 | $1,413 |
| Median year homes were built | 1938 | 1996 | 1980 |
| Vacant homes | 21.8% | 9.3% | 10.1% |
| Population | 298 | 3,184,612 | 334,922,499 |
What a typical home costs per month in Ruth
At this week's average 30-year rate of 7.11%, buying the median Ruth home of $68,500 with 20% down costs about $490 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $604, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $20,985 for the 20%-down payment.
| Down payment | $13,700 |
|---|---|
| Loan amount | $54,800 |
| Principal and interest | $369 |
| Property taxes (1.62% a year) | $92 |
| Homeowners insurance (our estimate, 0.5% a year) | $29 |
| PMI | $0 |
| Total per month | $490 |
Change the numbers in the calculator
| Down payment | $2,398 |
|---|---|
| Loan amount | $67,259 |
| Principal and interest | $452 |
| Property taxes (1.62% a year) | $92 |
| Homeowners insurance (our estimate, 0.5% a year) | $29 |
| FHA mortgage insurance | $30 |
| Total per month | $604 |
Change the numbers in the calculator
Questions about home buying in Ruth
What is the median home value in Ruth?
About $68,500 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Ruth?
Homeowners pay a median $1,107 a year, which is about 1.62% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Ruth?
For the median home with 20% down at 7.11%, the payment is about $490 a month. Keeping that under 28% of gross income takes about $20,985 a year.
More about Ruth
- Mortgage Refinance in Ruth
- Debt Relief in Ruth
- Home Equity Loans in Ruth
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data