The typical owner-occupied home in Ross is worth about $180,000, 28% below the North Dakota median of $249,900 and 46% below the national median of $332,700. The median household earns $83,780 a year, so the median home costs 2.1 times the median income (3.3 times for North Dakota). 24% of occupied homes here are lived in by their owners, and 81% of those owners still have a mortgage.
Ross at a glance
| Ross | North Dakota | U.S. | |
|---|---|---|---|
| Median home value | $180,000 | $249,900 | $332,700 |
| Median property tax paid per year | – | $2,468 | $3,119 |
| Median household income | $83,780 | $76,657 | $80,734 |
| Homes lived in by their owners | 24% | 63% | 65% |
| Owner homes with a mortgage | 81% | 52% | 61% |
| Median monthly costs, owners with a mortgage | – | $1,762 | $1,963 |
| Median rent | – | $954 | $1,413 |
| Median year homes were built | 1971 | 1982 | 1980 |
| Vacant homes | 54.4% | 12.3% | 10.1% |
| Population | 156 | 784,841 | 334,922,499 |
What a typical home costs per month in Ross
At this week's average 30-year rate of 7.11%, buying the median Ross home of $180,000 with 20% down costs about $1,209 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,509, 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 $51,801 for the 20%-down payment. That payment is 17% of the median Ross household income of $83,780; at that income and 20% down, the 28% guideline points to a home of about $291,000.
| Down payment | $36,000 |
|---|---|
| Loan amount | $144,000 |
| Principal and interest | $969 |
| Property taxes (1.10% a year) | $165 |
| Homeowners insurance (our estimate, 0.5% a year) | $75 |
| PMI | $0 |
| Total per month | $1,209 |
Change the numbers in the calculator
| Down payment | $6,300 |
|---|---|
| Loan amount | $176,740 |
| Principal and interest | $1,189 |
| Property taxes (1.10% a year) | $165 |
| Homeowners insurance (our estimate, 0.5% a year) | $75 |
| FHA mortgage insurance | $80 |
| Total per month | $1,509 |
Change the numbers in the calculator
Questions about home buying in Ross
What is the median home value in Ross?
About $180,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
What income do you need to buy a home in Ross?
For the median home with 20% down at 7.11%, the payment is about $1,209 a month. Keeping that under 28% of gross income takes about $51,801 a year.
More about Ross
- Mortgage Refinance in Ross
- Debt Relief in Ross
- Home Equity Loans in Ross
- 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