The typical owner-occupied home in Goodrich is worth about $53,300, 79% below the North Dakota median of $249,900 and 84% below the national median of $332,700. Owners pay a median $363 a year in property taxes, about 0.68% of their home's value, lower than the North Dakota rate of 0.99%. The median household earns $80,000 a year, so the median home costs 0.7 times the median income (3.3 times for North Dakota). 79% of occupied homes here are lived in by their owners, and 20% of those owners still have a mortgage.
Goodrich at a glance
| Goodrich | North Dakota | U.S. | |
|---|---|---|---|
| Median home value | $53,300 | $249,900 | $332,700 |
| Median property tax paid per year | $363 | $2,468 | $3,119 |
| Property tax as a share of value | 0.68% | 0.99% | 0.94% |
| Median household income | $80,000 | $76,657 | $80,734 |
| Homes lived in by their owners | 79% | 63% | 65% |
| Owner homes with a mortgage | 20% | 52% | 61% |
| Median monthly costs, owners with a mortgage | – | $1,762 | $1,963 |
| Those costs as a share of the owners' income | 18.3% | 19.4% | 21.0% |
| Median rent | – | $954 | $1,413 |
| Rent as a share of renters' income | 27.5% | 25.0% | 30.6% |
| Median year homes were built | 1958 | 1982 | 1980 |
| Vacant homes | 52.5% | 12.3% | 10.1% |
| Population | 85 | 784,841 | 334,922,499 |
What a typical home costs per month in Goodrich
At this week's average 30-year rate of 7.11%, buying the median Goodrich home of $53,300 with 20% down costs about $339 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $428, 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 $14,539 for the 20%-down payment. That payment is 5% of the median Goodrich household income of $80,000; at that income and 20% down, the 28% guideline points to a home of about $293,000.
| Down payment | $10,660 |
|---|---|
| Loan amount | $42,640 |
| Principal and interest | $287 |
| Property taxes (0.68% a year) | $30 |
| Homeowners insurance (our estimate, 0.5% a year) | $22 |
| PMI | $0 |
| Total per month | $339 |
Change the numbers in the calculator
| Down payment | $1,866 |
|---|---|
| Loan amount | $52,335 |
| Principal and interest | $352 |
| Property taxes (0.68% a year) | $30 |
| Homeowners insurance (our estimate, 0.5% a year) | $22 |
| FHA mortgage insurance | $24 |
| Total per month | $428 |
Change the numbers in the calculator
Questions about home buying in Goodrich
What is the median home value in Goodrich?
About $53,300 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Goodrich?
Homeowners pay a median $363 a year, which is about 0.68% 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 Goodrich?
For the median home with 20% down at 7.11%, the payment is about $339 a month. Keeping that under 28% of gross income takes about $14,539 a year.
More about Goodrich
- Mortgage Refinance in Goodrich
- Debt Relief in Goodrich
- Home Equity Loans in Goodrich
- 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