The typical owner-occupied home in Ashley is worth about $58,900, 76% below the North Dakota median of $249,900 and 82% below the national median of $332,700. Owners pay a median $794 a year in property taxes, about 1.35% of their home's value, higher than the North Dakota rate of 0.99%. The median household earns $42,540 a year, so the median home costs 1.4 times the median income (3.3 times for North Dakota). 73% of occupied homes here are lived in by their owners, and 16% of those owners still have a mortgage.
Ashley at a glance
| Ashley | North Dakota | U.S. | |
|---|---|---|---|
| Median home value | $58,900 | $249,900 | $332,700 |
| Median property tax paid per year | $794 | $2,468 | $3,119 |
| Property tax as a share of value | 1.35% | 0.99% | 0.94% |
| Median household income | $42,540 | $76,657 | $80,734 |
| Homes lived in by their owners | 73% | 63% | 65% |
| Owner homes with a mortgage | 16% | 52% | 61% |
| Median monthly costs, owners with a mortgage | $888 | $1,762 | $1,963 |
| Those costs as a share of the owners' income | 11.5% | 19.4% | 21.0% |
| Median rent | $711 | $954 | $1,413 |
| Rent as a share of renters' income | 23.4% | 25.0% | 30.6% |
| Median year homes were built | 1953 | 1982 | 1980 |
| Vacant homes | 31.7% | 12.3% | 10.1% |
| Population | 599 | 784,841 | 334,922,499 |
What a typical home costs per month in Ashley
At this week's average 30-year rate of 7.11%, buying the median Ashley home of $58,900 with 20% down costs about $408 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $506, 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 $17,476 for the 20%-down payment. That payment is 12% of the median Ashley household income of $42,540; at that income and 20% down, the 28% guideline points to a home of about $143,000.
The median rent here is $711 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $11,780 |
|---|---|
| Loan amount | $47,120 |
| Principal and interest | $317 |
| Property taxes (1.35% a year) | $66 |
| Homeowners insurance (our estimate, 0.5% a year) | $25 |
| PMI | $0 |
| Total per month | $408 |
Change the numbers in the calculator
| Down payment | $2,062 |
|---|---|
| Loan amount | $57,833 |
| Principal and interest | $389 |
| Property taxes (1.35% a year) | $66 |
| Homeowners insurance (our estimate, 0.5% a year) | $25 |
| FHA mortgage insurance | $26 |
| Total per month | $506 |
Change the numbers in the calculator
Questions about home buying in Ashley
What is the median home value in Ashley?
About $58,900 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Ashley?
Homeowners pay a median $794 a year, which is about 1.35% 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 Ashley?
For the median home with 20% down at 7.11%, the payment is about $408 a month. Keeping that under 28% of gross income takes about $17,476 a year.
More about Ashley
- Mortgage Refinance in Ashley
- Debt Relief in Ashley
- Home Equity Loans in Ashley
- 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