At a Glance
Median Income
$145,801
$64,322 per capita
Home Value
$444,600
Zillow: $407,900
Median Rent
$963/mo
19.5% of income on rent
Bachelor's Degree+
43.5%
95.9% high school+
Unemployment
0.6%
3.2% poverty rate
Obesity Rate
32.7%
10.4% smoking rate
How Horace Compares to the U.S. Average
Each bar shows Horace's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is Horace a Good Place to Live?
A+
4.8 / 5.0 - Excellent
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Horace residents earn a median household income of $145,801 , which is 94% above the national average of $75,149.
Per capita income is $64,322. The unemployment rate stands at 0.6% (83% below the U.S. rate of 3.6%). 3.2% of residents live below the poverty line. The area is home to 1,520 business establishments, including 100 restaurants.
Housing & Cost of Living
The median home value in Horace is $444,600 , 58% above the national median of $281,900.
Zillow estimates the typical home at $407,900. Median rent is $963/month, with 19.5% 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 2002.
Education
43.5% of adults in Horace hold a bachelor's degree or higher
(29% above the national average).
95.9% have completed high school. Local schools score 5.7/10 in standardized testing.
Climate & Weather
Horace has an average annual temperature of 41°F (5°C).
Winters average 8°F in January while summers reach 71°F in July. Annual precipitation totals 24.4 inches.
Data Overview
People
Population3,964
Median Age34.0 yrs
Density312/mi²
Male / Female51% / 49%
Foreign Born2.8%
Veterans5.0%
Economy
A+
Median Income$145,801
Per Capita$64,322
Unemployment0.6%
Poverty3.2%
County GDP$2,919M
Avg Weekly Wage$1,033
Housing
A+
Home Value$444,600
Rent$963
Ownership96.9%
Zillow$407,900
Housing Units1,294
Rent Burden19.5%
Health
Obesity32.7%
Diabetes7.2%
Smoking10.4%
Heart Disease4.7%
Premature Death7,319/100K
Climate
Avg Temp41°F
Rain24.4 in/yr
Elevation922 ft
Education
A
Bachelor's+43.5%
High School+95.9%
Graduate+12.2%
School Score5.7/10
Community
2024 VoteR 49% / D 49%
Commute31 min
Broadband97.0%
Internet Speed138 Mbps
EV Stations8
Libraries3
Did You Know?
The median home in Horace was built in 2002.
The nearest airport is Hector International (12 miles).
The Gini coefficient (income inequality) is 0.443 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
7.4% of the population has a disability.
Average internet download speed is 138 Mbps.
The county recorded 6 fatal vehicle crashes.