The typical owner-occupied home in Ambrose is worth about $61,300, 75% below the North Dakota median of $249,900 and 82% below the national median of $332,700. Owners pay a median $317 a year in property taxes, about 0.52% of their home's value, lower than the North Dakota rate of 0.99%. The median household earns $116,042 a year, so the median home costs 0.5 times the median income (3.3 times for North Dakota). 93% of occupied homes here are lived in by their owners, and 0% of those owners still have a mortgage.
Ambrose at a glance
| Ambrose | North Dakota | U.S. | |
|---|---|---|---|
| Median home value | $61,300 | $249,900 | $332,700 |
| Median property tax paid per year | $317 | $2,468 | $3,119 |
| Property tax as a share of value | 0.52% | 0.99% | 0.94% |
| Median household income | $116,042 | $76,657 | $80,734 |
| Homes lived in by their owners | 93% | 63% | 65% |
| Owner homes with a mortgage | 0% | 52% | 61% |
| Median monthly costs, owners with a mortgage | – | $1,762 | $1,963 |
| Median rent | – | $954 | $1,413 |
| Median year homes were built | 1950 | 1982 | 1980 |
| Vacant homes | 31.8% | 12.3% | 10.1% |
| Population | 33 | 784,841 | 334,922,499 |
What a typical home costs per month in Ambrose
At this week's average 30-year rate of 7.11%, buying the median Ambrose home of $61,300 with 20% down costs about $382 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $484, 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 $16,372 for the 20%-down payment. That payment is 4% of the median Ambrose household income of $116,042; at that income and 20% down, the 28% guideline points to a home of about $434,000.
| Down payment | $12,260 |
|---|---|
| Loan amount | $49,040 |
| Principal and interest | $330 |
| Property taxes (0.52% a year) | $27 |
| Homeowners insurance (our estimate, 0.5% a year) | $26 |
| PMI | $0 |
| Total per month | $382 |
Change the numbers in the calculator
| Down payment | $2,146 |
|---|---|
| Loan amount | $60,190 |
| Principal and interest | $405 |
| Property taxes (0.52% a year) | $27 |
| Homeowners insurance (our estimate, 0.5% a year) | $26 |
| FHA mortgage insurance | $27 |
| Total per month | $484 |
Change the numbers in the calculator
Questions about home buying in Ambrose
What is the median home value in Ambrose?
About $61,300 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Ambrose?
Homeowners pay a median $317 a year, which is about 0.52% 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 Ambrose?
For the median home with 20% down at 7.11%, the payment is about $382 a month. Keeping that under 28% of gross income takes about $16,372 a year.
More about Ambrose
- Mortgage Refinance in Ambrose
- Debt Relief in Ambrose
- Home Equity Loans in Ambrose
- 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