Living in Hankinson, North Dakota
Cost of living, income, home prices, rent and demographics of Hankinson · Census data 2020–2024
Hankinson has 804 residents with a median age of 46.3. The median household income is $74,643 (about the same as the North Dakota median), the median home value is $131,000, the median rent is $590/month.
Hankinson is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Hankinson at a glance
- Population
- 804
- Median age
- 46.3State: 35.9
- Median household income
- $74,643State: $76,657
- Median home value
- $131,000State: $249,900
- Median rent
- $590/moState: $954
- Homeowners
- 90.7%
- Bachelor's degree or higher
- 21%
- Average commute
- 20 min
Is Hankinson a good place to live?
Pros: Home values 48% lower than the state median; a poverty rate of 6.7%.
Cons: Median household income about the same as the North Dakota median; an average commute of 20 minutes; unemployment of 4.2%.
The weather is best in June to September.
Cost of living in Hankinson
Housing is the biggest part of the cost of living. In Hankinson the median home value is $131,000, 61% lower than the U.S. median. Renters pay a median of $590 per month, which is 26% of household income. Homeowners with a mortgage pay $1,493 a month in housing costs.
Hankinson median household income
The median household income in Hankinson is $74,643 and the income per person is $33,395. 6.7% of residents live below the poverty line (North Dakota: 10.8%).
Housing in Hankinson: homes for sale and rent
- Housing units
- 425
- Owner-occupied
- 90.7%
- Renter-occupied
- 9.3%
- Vacant
- 21.4%Includes seasonal homes
- Median year built
- 1954
- Average household size
- 2.24
Hankinson demographics
- Population
- 804
- Median age
- 46.3
- Under 18
- 23.5%
- 65 and older
- 30.7%
- Households
- 334
- Foreign-born
- 0.2%
- Veterans
- 10.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Hankinson ›
Education in Hankinson
21% of adults 25 and older in Hankinson have a bachelor's degree or higher (North Dakota: 32.7%), and 3.6% have a graduate or professional degree.
Jobs and commute in Hankinson
- Unemployment rate
- 4.2%State: 2.8%
- Average commute
- 20 minState: 18 min
- Work from home
- 5.6%
- Drive alone
- 80%
- Public transit
- 1.5%
- Walk to work
- 5.9%
- Homes with broadband
- 82%
Hankinson vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Hankinson | 804 | $74,643 | $131,000 | $590 |
| Lidgerwood | 719 | $49,667 | $80,200 | $775 |
| Mooreton | 175 | $86,250 | $156,300 | $508 |
| Fairmount | 292 | $59,375 | $93,800 | $525 |
| New Effington | 269 | $50,208 | $68,000 | $510 |
| Rosholt | 428 | $64,861 | $116,400 | $875 |
| Wyndmere | 509 | $85,625 | $162,900 | — |
| Claire City | 107 | $62,500 | $77,100 | $663 |
| Wahpeton | 8,010 | $62,750 | $171,300 | $751 |
More for people moving to Hankinson
Hankinson ZIP code ›Weather and climate ›Living in Hankinson: FAQ
What is the median household income in Hankinson, ND?
The median household income in Hankinson is $74,643, about the same as the North Dakota median of $76,657 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Hankinson?
The median home value in Hankinson is $131,000, compared with $249,900 in North Dakota.
How much is rent in Hankinson?
The median gross rent in Hankinson is $590 per month, about 26% of household income.
Is Hankinson, ND a good place to live?
Pluses: home values 48% lower than the state median; a poverty rate of 6.7%. Minuses: median household income about the same as the North Dakota median; an average commute of 20 minutes; unemployment of 4.2%.
What is the median age in Hankinson?
The median age in Hankinson is 46.3 years (North Dakota: 35.9).
How long is the commute in Hankinson?
The average commute to work in Hankinson is 20 minutes; 5.6% of workers work from home.
What is the unemployment rate in Hankinson?
The unemployment rate in Hankinson is 4.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Hankinson?
21% of adults in Hankinson have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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