Cost to Own
United StatesNorth DakotaWard CountyBurlington Population 1,169 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Burlington, North Dakota

A $238,000 home here costs

$1,930

per month, all in — with 20% down at today's 6.66% 30-year fixed rate.

A standard mortgage calculator would have told you $1,224. The real number is $706 higher every month — 58% more than the payment most buyers budget for.

Burlington median: $237,800
Under 20% adds PMI
Freddie Mac PMMS
US average household

Where every dollar goes

Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.

Principal & interest30-year fixed, $190,400 borrowed $1,224
Property tax1.087% effective rate for Burlington itself $216
Homeowners insuranceNorth Dakota averages $1,256/yr (NAIC), or 0.515% of home value $102
Electricity13.61¢/kWh — North Dakota residential average, EIA $122
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $198
Total monthly $1,930

Burlington against Ward County and North Dakota

MeasureBurlingtonWard County
Median home value$237,800$259,100
Median property tax$2,585$2,785
Effective tax rate1.087%1.075%
Median gross rent$988$1,000
Population1,16969,232

The weather behind that power bill

Burlington sits in Ward County, which averages a high of 83.8°F in its hottest month and a low of 4.4°F in its coldest, with 16.71" of precipitation a year and 54% of it in a single three-month stretch. That climate drives 552 cooling and 8,382 heating degree days, which is what sets the $122 electricity line above.

See the full climate breakdown for Ward County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.

Other cities in Ward County

Full Ward County cost breakdown · Every county in North Dakota

Common questions

How much does it cost to own a home in Burlington?

A $238,000 home in Burlington, North Dakota costs approximately $1,930 per month with 20% down at 6.66%. That is $1,224 principal and interest, $216 property tax, $102 homeowners insurance, $190 utilities and $198 set aside for maintenance.

What is the property tax rate in Burlington?

Burlington has an effective property tax rate of 1.087%, based on a median home value of $237,800 and median real estate taxes of $2,585. That is higher than the Ward County average of 1.075%.

What is the average home price in Burlington?

The median owner-occupied home value in Burlington, North Dakota is $237,800, against $259,100 across Ward County.

Is it cheaper to rent or buy in Burlington?

Median gross rent in Burlington is $988 a month, against $1,930 to own the median home all in. Renting costs less month to month here, though renting builds no equity.

Sources & methodology

  • Median home value, real estate taxes, gross rent and population for Burlington — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
  • Homeowners insurance — NAIC average premium for North Dakota.
  • Electricity price — EIA Electric Power Monthly Table 5.6.A.
  • Mortgage rate — Freddie Mac PMMS, refreshed weekly.
  • Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.

Full methodology