Horace, ND
Full City Profile · North Dakota · Clay County County
4.8
/5.0
A+
Excellent
3,964
Population
312/sq mi density
$145,801
Median Income
$64,322 per capita
$444,600
Home Value
$407,900 Zillow
$963
Median Rent
19.5% income on rent
41°F
Avg Temperature
A+
Overall
4.8 / 5.0
Strong
A+
Economy
5.0 / 5.0
$145,801 median income, 0.6% unemployment
A+
Affordability
5.0 / 5.0
$444,600 home value, $963/mo rent
A
Education
4.5 / 5.0
43.5% bachelor's degree or higher
Income Overview
Median Household Income
$145,801
94% above
US avg: $75,149
Per Capita Income
$64,322
65% above
US avg: $39,052
Unemployment Rate
0.6%
83% below
US avg: 3.6%
Poverty Rate
3.2%
74% below
US avg: 12.4%
Income Comparison: Horace vs. U.S. Average
Each bar shows Horace’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$145,801
194%
Per Capita
US: $39,052
$64,322
165%
IRS Avg AGI
US: $72,000
$72,991
101%
Avg Weekly Wage
US: $1,432
$1,033
72%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,033
28% below US avg ($1,432)
Mean Commute Time
31 min
11% above US avg (28 min)
Work From Home
10.9%
28% below US avg (15.2%)
Drive Alone
82.4%
13% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$2,919M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
82.4%
Public Transit
0%
Work From Home
10.9%
Other
6.7%
Average commute time
31 minutes
US avg: 28 min
Business Landscape
Total Establishments
1,520
Restaurants
100
Healthcare
178
Retail
148
Manufacturing
39
Tax & Financial
IRS Avg Adjusted Gross Income
$72,991
1% above US avg ($72,000)
Avg Property Tax
$4,896
40% above US avg ($3,500)
Cost of Living Index
89.0
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $145,801 |
| Per Capita Income | $64,322 |
| IRS Avg Adjusted Gross Income | $72,991 |
| Avg Weekly Wage | $1,033 |
| County GDP | $2,919M |
Hardship Indicators
| Unemployment Rate | 0.6% |
| Poverty Rate | 3.2% |
| Gini Coefficient | 0.443 |
| Cost of Living Index | 89.0 |
Commute
| Mean Commute | 31 minutes |
| Drive Alone | 82.4% |
| Public Transit | 0.0% |
| Work From Home | 10.9% |
Businesses
| Total Establishments | 1,520 |
| Restaurants | 100 |
| Healthcare | 178 |
| Retail | 148 |
| Manufacturing | 39 |
Tax
| IRS Avg AGI | $72,991 |
| Avg Property Tax | $4,896 |