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Ruso

Learn about the people, housing, costs and businesses in Ruso, North Dakota

Median Home$212,200
Median Rent$630/month
Population1
Leading IndustriesEducation · Arts, Food & Hospitality · Healthcare8% education
Home Value Growth+3.1% over 2 years
Retirees48% of residentstop 1% nationally
NotableHighly Educated33% bachelor's · 16% graduate · top 5% nationally
NotableVeteran Community12% of residents · top 6% nationally
Ruso
ND

Frequently Asked Questions

What are today's mortgage rates in Ruso?

As of today, the 30-year fixed mortgage rate for Ruso is approximately 6.892% (6.928% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Ruso?

The median home value in Ruso is $212k. The median monthly rent is $630. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Ruso?

Home values in Ruso have increased 3.1% over the past two years. This represents moderate growth. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Ruso?

Based on a typical all-in ownership cost of $731/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $31k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Ruso is $79k/year.

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What industries drive the economy in Ruso?

The largest employment sectors in Ruso are public administration (19%) and healthcare (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.