Jamestown, ND

Very Low · 56

North Dakota · Population 15,774 · Updated March 2026

$741
Median Rent / Month
$54,809
Median Income
$192,500
Median Home Value
$778
Owner Costs / Month

Affordability

How far your income goes in Jamestown

16.2%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

Tax Burden in North Dakota

State-level tax rates that affect your costs

2.5%
Income Tax (Top Rate)
5.0%
Sales Tax
0.98%
Property Tax Rate

Estimated Annual Costs

$8,892
Annual Rent
$1,370
State Income Tax
$1,886
Property Tax (est.)

Cost of Living Overview

Jamestown is significantly cheaper than the national average, making it an attractive option for budget-conscious individuals and families. With a cost index of 56 (where 100 equals the national median), Jamestown residents can expect to pay median rent of $741/month while earning a median household income of $54,809/year.

The median home value in Jamestown, ND is $192,500, with typical monthly owner costs around $778 including mortgage, insurance, and taxes. The median rent-to-income ratio of 16.2% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

North Dakota has a moderate income tax rate of 2.5%. Combined with a 5.0% sales tax rate and 0.98% effective property tax rate, the overall tax environment is a factor in the total cost of living in Jamestown.

Frequently Asked Questions

Common questions about living costs in Jamestown

What is the cost of living in Jamestown, ND?
The cost of living index in Jamestown, ND is 56 (US average = 100). Median monthly rent is $741, median household income is $54,809/year, and the median home value is $192,500.
Is Jamestown, ND affordable?
Yes, Jamestown is more affordable than the national average with a cost index of 56. The rent-to-income ratio is 16.2%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Jamestown, ND?
The median gross rent in Jamestown, ND is $741 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $8,892.
What is the median household income in Jamestown?
The median household income in Jamestown, ND is $54,809 per year. This compares to the national median of approximately $80,000.
What are the taxes like in North Dakota?
North Dakota has a top income tax rate of 2.5%, a sales tax of 5.0%, and an effective property tax rate of 0.98%.