The typical owner-occupied home in Columbus is worth about $67,900, 73% below the North Dakota median of $249,900 and 80% below the national median of $332,700. Owners pay a median $620 a year in property taxes, about 0.91% of their home's value, lower than the North Dakota rate of 0.99%. The median household earns $88,750 a year, so the median home costs 0.8 times the median income (3.3 times for North Dakota). 97% of occupied homes here are lived in by their owners, and 23% of those owners still have a mortgage.
Columbus at a glance
| Columbus | North Dakota | U.S. | |
|---|---|---|---|
| Median home value | $67,900 | $249,900 | $332,700 |
| Median property tax paid per year | $620 | $2,468 | $3,119 |
| Property tax as a share of value | 0.91% | 0.99% | 0.94% |
| Median household income | $88,750 | $76,657 | $80,734 |
| Homes lived in by their owners | 97% | 63% | 65% |
| Owner homes with a mortgage | 23% | 52% | 61% |
| Median monthly costs, owners with a mortgage | – | $1,762 | $1,963 |
| Median rent | – | $954 | $1,413 |
| Median year homes were built | 1957 | 1982 | 1980 |
| Vacant homes | 73.3% | 12.3% | 10.1% |
| Population | 67 | 784,841 | 334,922,499 |
What a typical home costs per month in Columbus
At this week's average 30-year rate of 7.11%, buying the median Columbus home of $67,900 with 20% down costs about $445 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $558, 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 $19,080 for the 20%-down payment. That payment is 6% of the median Columbus household income of $88,750; at that income and 20% down, the 28% guideline points to a home of about $316,000.
| Down payment | $13,580 |
|---|---|
| Loan amount | $54,320 |
| Principal and interest | $365 |
| Property taxes (0.91% a year) | $51 |
| Homeowners insurance (our estimate, 0.5% a year) | $28 |
| PMI | $0 |
| Total per month | $445 |
Change the numbers in the calculator
| Down payment | $2,376 |
|---|---|
| Loan amount | $66,670 |
| Principal and interest | $448 |
| Property taxes (0.91% a year) | $51 |
| Homeowners insurance (our estimate, 0.5% a year) | $28 |
| FHA mortgage insurance | $30 |
| Total per month | $558 |
Change the numbers in the calculator
Questions about home buying in Columbus
What is the median home value in Columbus?
About $67,900 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Columbus?
Homeowners pay a median $620 a year, which is about 0.91% 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 Columbus?
For the median home with 20% down at 7.11%, the payment is about $445 a month. Keeping that under 28% of gross income takes about $19,080 a year.
More about Columbus
- Mortgage Refinance in Columbus
- Debt Relief in Columbus
- Home Equity Loans in Columbus
- 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