At a Glance
Median Income
$46,875
$35,667 per capita
Home Value
$76,700
Zillow: $81,010
Median Rent
$713/mo
40.8% of income on rent
Bachelor's Degree+
10.8%
92.4% high school+
Unemployment
16.7%
15.0% poverty rate
Obesity Rate
42.3%
16.3% smoking rate
How Drake Compares to the U.S. Average
Each bar shows Drake's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is Drake a Good Place to Live?
B
3.1 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Drake residents earn a median household income of $46,875 , which is 38% below the national average of $75,149.
Per capita income is $35,667. The unemployment rate stands at 16.7% (364% above the U.S. rate of 3.6%). 15.0% of residents live below the poverty line. The area is home to 52 business establishments, including 5 restaurants.
Housing & Cost of Living
The median home value in Drake is $76,700 , 73% below the national median of $281,900.
Zillow estimates the typical home at $81,010. Median rent is $713/month, with 40.8% of renters spending more than 30% of income on housing. The cost of living index is 89.0 (100 = national average). The median home was built in 1949.
Education
10.8% of adults in Drake hold a bachelor's degree or higher
(68% below the national average).
92.4% have completed high school. Local schools score 5.1/10 in standardized testing.
Climate & Weather
Drake has an average annual temperature of 40°F (4°C).
Winters average 7°F in January while summers reach 69°F in July. Annual precipitation totals 18.1 inches.
Data Overview
People
Population245
Median Age44.5 yrs
Density124/mi²
Male / Female60% / 40%
Foreign Born0.8%
Veterans7.6%
Economy
C
Median Income$46,875
Per Capita$35,667
Unemployment16.7%
Poverty15.0%
County GDP$68M
Avg Weekly Wage$701
Housing
A+
Home Value$76,700
Rent$713
Ownership83.2%
Zillow$81,010
Housing Units189
Rent Burden40.8%
Health
Obesity42.3%
Diabetes9.2%
Smoking16.3%
Heart Disease5.7%
Premature Death15,039/100K
Climate
Avg Temp40°F
Rain18.1 in/yr
Elevation1,650 ft
Education
D
Bachelor's+10.8%
High School+92.4%
Graduate+4.9%
School Score5.1/10
Community
2024 VoteR 86% / D 13%
Commute14 min
Broadband74.4%
Internet Speed218 Mbps
EV Stations1
Did You Know?
Drake was founded in 1902.
The median home in Drake was built in 1949.
The nearest airport is Minot International (48 miles).
The Gini coefficient (income inequality) is 0.409 (U.S. avg: 0.490).
Natural hazard risk is rated "Very Low" by FEMA.
15.5% of the population has a disability.
Average internet download speed is 218 Mbps.
The county recorded 2 fatal vehicle crashes.