Living in Horace, North Dakota

Cost of living, income, home prices, rent and demographics of Horace · Census data 2020–2024

Horace has 4,588 residents with a median age of 33.9. The median household income is $138,578 (81% higher than the North Dakota median), the median home value is $414,500, the median rent is $2,146/month.

Horace at a glance

Population
4,588
Median age
33.9State: 35.9
Median household income
$138,578State: $76,657
Median home value
$414,500State: $249,900
Median rent
$2,146/moState: $954
Homeowners
94.4%
Bachelor's degree or higher
45%
Average commute
29 min

Is Horace a good place to live?

Pros: Median household income 81% higher than the North Dakota median; unemployment of 0.4%; a poverty rate of 4.3%.

Cons: Home values 66% higher than the state median; an average commute of 29 minutes.

The weather is best in June to September.

Cost of living in Horace

Housing is the biggest part of the cost of living. In Horace the median home value is $414,500, 25% higher than the U.S. median. Renters pay a median of $2,146 per month, which is 18.6% of household income. Homeowners with a mortgage pay $2,566 a month in housing costs.

Median home value

Horace$414,500
North Dakota$249,900
United States$332,700

Median monthly rent

Horace$2,146
North Dakota$954
United States$1,413

Horace median household income

The median household income in Horace is $138,578 and the income per person is $68,553. 4.3% of residents live below the poverty line (North Dakota: 10.8%).

Median household income

Horace$138,578
North Dakota$76,657
United States$80,734

Housing in Horace: homes for sale and rent

Housing units
1,711
Owner-occupied
94.4%
Renter-occupied
5.6%
Vacant
3.6%Includes seasonal homes
Median year built
2006
Average household size
2.78

Horace demographics

Population
4,588
Median age
33.9
Under 18
33.9%
65 and older
6.4%
Households
1,650
Foreign-born
2.6%
Veterans
3.3%Adults 18+

Race and ethnicity

White89.2%
Hispanic or Latino6.3%
Black0.7%
Asian0%

Hispanic or Latino can be of any race. Population history of Horace ›

Education in Horace

45% of adults 25 and older in Horace have a bachelor's degree or higher (North Dakota: 32.7%), and 11.9% have a graduate or professional degree.

Bachelor's degree or higher

Horace45%
North Dakota32.7%
United States35.7%

Jobs and commute in Horace

Unemployment rate
0.4%State: 2.8%
Average commute
29 minState: 18 min
Work from home
10.3%
Drive alone
83.8%
Public transit
0%
Walk to work
0%
Homes with broadband
96.8%

Horace vs nearby towns

TownPopulationMedian incomeHome valueRent
Horace4,588$138,578$414,500$2,146
Frontier169$122,500$385,300—
West Fargo40,094$90,665$321,900$1,111
Oxbow491$210,417$680,100—
Davenport245$85,625$223,800—
Fargo131,627$66,998$281,900$946
Kindred996$105,104$297,800$619
Comstock100$76,250$162,500—
Moorhead45,036$72,761$249,000$1,033

More for people moving to Horace

Horace ZIP code ›Weather and climate ›

Living in Horace: FAQ

What is the median household income in Horace, ND?

The median household income in Horace is $138,578, 81% higher than 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 Horace?

The median home value in Horace is $414,500, compared with $249,900 in North Dakota.

How much is rent in Horace?

The median gross rent in Horace is $2,146 per month, about 18.6% of household income.

Is Horace, ND a good place to live?

Pluses: median household income 81% higher than the North Dakota median; unemployment of 0.4%; a poverty rate of 4.3%. Minuses: home values 66% higher than the state median; an average commute of 29 minutes.

What is the median age in Horace?

The median age in Horace is 33.9 years (North Dakota: 35.9).

How long is the commute in Horace?

The average commute to work in Horace is 29 minutes; 10.3% of workers work from home.

What is the unemployment rate in Horace?

The unemployment rate in Horace is 0.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Horace?

45% of adults in Horace 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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