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ZipNumbers

North Dakota · Census place 20300

Drake city, ND

Quick answer

Drake city has 245 residents, ranking #156 of 406 places in North Dakota. Median household income is $46,875, the median home is worth $76,700 and median gross rent runs $713 a month.

Population
245Drake city residents
Median household income
$46,875Past 12 months, inflation adjusted
Median home value
$76,700Owner-occupied units
Median gross rent
$713Rent plus utilities, monthly
Median age
44.5 yrsAll residents
Homeownership rate
83.2%Owner-occupied households

What the numbers mean in Drake city

Housing cost measured against local earnings.

A household earning the Drake city median would spend about 18.3% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 1.6× the median household income; nationally that ratio sits near 4.5×. Poverty affects 17.6% of residents and 83.2% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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