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North Dakota · Census place 64140

Powers Lake city, ND

Quick answer

Powers Lake city has 292 residents, ranking #140 of 406 places in North Dakota. Median household income is $77,750, the median home is worth $165,000 and median gross rent runs $1,074 a month.

Population
292Powers Lake city residents
Median household income
$77,750Past 12 months, inflation adjusted
Median home value
$165,000Owner-occupied units
Median gross rent
$1,074Rent plus utilities, monthly
Median age
39.5 yrsAll residents
Homeownership rate
68.5%Owner-occupied households

What the numbers mean in Powers Lake city

Housing cost measured against local earnings.

A household earning the Powers Lake city median would spend about 16.6% 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 2.1× the median household income; nationally that ratio sits near 4.5×. Poverty affects 15.8% of residents and 68.5% 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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