The typical owner-occupied home in Burlington is worth about $243,500, 3% below the North Dakota median of $249,900 and 27% below the national median of $332,700. Owners pay a median $2,802 a year in property taxes, about 1.15% of their home's value, higher than the North Dakota rate of 0.99%. The median household earns $77,708 a year, so the median home costs 3.1 times the median income (3.3 times for North Dakota). 68% of occupied homes here are lived in by their owners, and 70% of those owners still have a mortgage.
Burlington at a glance
| Burlington | North Dakota | U.S. | |
|---|---|---|---|
| Median home value | $243,500 | $249,900 | $332,700 |
| Median property tax paid per year | $2,802 | $2,468 | $3,119 |
| Property tax as a share of value | 1.15% | 0.99% | 0.94% |
| Median household income | $77,708 | $76,657 | $80,734 |
| Homes lived in by their owners | 68% | 63% | 65% |
| Owner homes with a mortgage | 70% | 52% | 61% |
| Median monthly costs, owners with a mortgage | $1,750 | $1,762 | $1,963 |
| Those costs as a share of the owners' income | 20.4% | 19.4% | 21.0% |
| Median rent | $1,144 | $954 | $1,413 |
| Rent as a share of renters' income | 25.8% | 25.0% | 30.6% |
| Median year homes were built | 1988 | 1982 | 1980 |
| Vacant homes | 2.0% | 12.3% | 10.1% |
| Population | 1,067 | 784,841 | 334,922,499 |
What a typical home costs per month in Burlington
At this week's average 30-year rate of 7.11%, buying the median Burlington home of $243,500 with 20% down costs about $1,645 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,051, 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 $70,510 for the 20%-down payment. That payment is 25% of the median Burlington household income of $77,708; at that income and 20% down, the 28% guideline points to a home of about $268,000.
The median rent here is $1,144 a month, so owning the median home costs about $501 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $48,700 |
|---|---|
| Loan amount | $194,800 |
| Principal and interest | $1,310 |
| Property taxes (1.15% a year) | $233 |
| Homeowners insurance (our estimate, 0.5% a year) | $101 |
| PMI | $0 |
| Total per month | $1,645 |
Change the numbers in the calculator
| Down payment | $8,522 |
|---|---|
| Loan amount | $239,090 |
| Principal and interest | $1,608 |
| Property taxes (1.15% a year) | $233 |
| Homeowners insurance (our estimate, 0.5% a year) | $101 |
| FHA mortgage insurance | $108 |
| Total per month | $2,051 |
Change the numbers in the calculator
Questions about home buying in Burlington
What is the median home value in Burlington?
About $243,500 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Burlington?
Homeowners pay a median $2,802 a year, which is about 1.15% 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 Burlington?
For the median home with 20% down at 7.11%, the payment is about $1,645 a month. Keeping that under 28% of gross income takes about $70,510 a year.
More about Burlington
- Mortgage Refinance in Burlington
- Debt Relief in Burlington
- Home Equity Loans in Burlington
- 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