The 10 Richest Cities In North Dakota For 2022


We analyzed 25 places in North Dakota to determine where the 1% live.

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Horace, Lincoln, Beulah: These cities aren’t just some of the best places to live in North Dakota. They are also home to some of the richest people in the Peace Garden State.

Horace in particular houses the richest residents in the state thanks, in part, to a median household income of $145,208 and a ridiculously low poverty rate of 1.685985247629083%.

If you’re thinking of moving to one of these towns, you’ll probably need to start saving. The richest places in North Dakota share common characteristics such as having a genius level populous, sky high home prices, and a Pleasantville level of married couples.

How did we come up with these mega wealthy cities? We analyzed Census data from the 2016-2020 American Community Survey for the 24 places in North Dakota with more than 2,000 people.

Here are the 10 richest places in North Dakota for 2022:

  1. Horace
  2. Lincoln
  3. Beulah
  4. West Fargo
  5. Oakes
  6. Casselton
  7. Watford City
  8. Stanley
  9. Hazen
  10. Mandan

For more on how we calculated the top ten, read on or skip to the end for the full list of the richest cities in North Dakota.

Rich people not your cup of tea? Feel free to check out some more reading about North Dakota:

The 10 Richest Cities In North Dakota For 2022

1. Horace

Horace, ND

Overall SnackAbility

6
/10

Population: 2,847
Rank Last Year: 1 (No Change)
Median Income: $145,208
Unemployment Rate: 0.7%
Poverty Rate: 1.7%
More on Horace: Real Estate | Photos

2. Lincoln

Lincoln, ND

Overall SnackAbility

7
/10

Population: 4,140
Rank Last Year: 2 (No Change)
Median Income: $91,667
Unemployment Rate: 0.0%
Poverty Rate: 6.8%
More on Lincoln: Real Estate | Photos

3. Beulah

Beulah, ND

Overall SnackAbility

9
/10

Population: 3,201
Rank Last Year: 3 (No Change)
Median Income: $82,341
Unemployment Rate: 1.0%
Poverty Rate: 3.7%
More on Beulah: Real Estate | Photos

4. West Fargo

West Fargo, ND

Overall SnackAbility

9
/10

Population: 36,406
Rank Last Year: 4 (No Change)
Median Income: $87,674
Unemployment Rate: 1.2%
Poverty Rate: 6.5%
More on West Fargo: Real Estate | Photos

5. Oakes

Oakes, ND

Overall SnackAbility

8.5
/10

Population: 2,036
Rank Last Year: 8 (Up 3)
Median Income: $75,848
Unemployment Rate: 1.3%
Poverty Rate: 4.6%
More on Oakes: Real Estate | Photos

6. Casselton

Casselton, ND

Overall SnackAbility

5
/10

Population: 2,738
Rank Last Year: 7 (Up 1)
Median Income: $54,570
Unemployment Rate: 1.1%
Poverty Rate: 3.6%
More on Casselton: Real Estate | Photos

7. Watford City

Watford City, ND

Overall SnackAbility

8
/10

Population: 7,146
Rank Last Year: 13 (Up 6)
Median Income: $75,000
Unemployment Rate: 1.5%
Poverty Rate: 9.5%
More on Watford City: Real Estate | Photos

8. Stanley

Stanley, ND

Overall SnackAbility

7
/10

Population: 2,697
Rank Last Year: 5 (Down 3)
Median Income: $91,761
Unemployment Rate: 4.6%
Poverty Rate: 5.3%
More on Stanley: Real Estate | Photos

9. Hazen

Hazen, ND

Overall SnackAbility

8.5
/10

Population: 2,448
Rank Last Year: 11 (Up 2)
Median Income: $91,771
Unemployment Rate: 2.5%
Poverty Rate: 12.9%
More on Hazen: Real Estate | Photos

10. Mandan

Mandan, ND

Overall SnackAbility

8
/10

Population: 22,482
Rank Last Year: 12 (Up 2)
Median Income: $71,357
Unemployment Rate: 2.4%
Poverty Rate: 8.7%
More on Mandan: Real Estate | Photos

Methodology: How We Determined The Richest Places In North Dakota For 2022

Map Of The Richest Places To Live In North Dakota
The first thing that comes to most people’s minds when they think about determining the richest places is to simply identify personal incomes. After all, rich people have really high salaries.

However, we don’t believe that one statistic wholly encompasses what it means to be one of the “richest places”. So we looked at this set of criteria from the newly released 2016-2020 American Community Survey:

  • Poverty Level
  • Median Household Income
  • Unemployment Rate

Median household income is the most digestible way to understand how rich a place really is. The unemployment rate tries to capture the prospects for more people to become rich. If more people are employed, the richer the future looks.

After we collected the data for all 24 places with more than 2,000 people in North Dakota, we ranked each place from 1 to 24 for each of the criteria, with 1 being the richest.

We then averaged all the rankings for a place into a “Rich Score” with the place having the lowest overall Rich Score, Horace, crowned the “Richest City In North Dakota For 2022”. You can download the data here.

You can learn more about the top ten below or skip to the end to see the rankings for all 24 places.

Summary: The Wealthiest Places In North Dakota For 2022

Like we said earlier, when we set out to identify the richest places in North Dakota, we weren’t sure what we’d encounter, but it ended up being some of the best places to live in North Dakota.

When you look at the data, the cities and places mentioned above meet the criteria for being at the very top of the income ladder for everyone that lives there.

If you’re curious enough, here are the poorest cities in North Dakota, according to data:

Poorest: Wahpeton
2nd Poorest: Grand Forks
3rd Poorest: Jamestown

For more North Dakota reading, check out:

Detailed List Of The Richest Cities In North Dakota

Rank City RichScore Median Income
1 Horace 2.0 $145,208
2 Lincoln 4.33 $91,667
3 Beulah 4.67 $82,341
4 West Fargo 6.0 $87,674
5 Oakes 6.67 $75,848
6 Casselton 8.0 $54,570
7 Watford City 10.0 $75,000
8 Stanley 10.0 $91,761
9 Hazen 10.0 $91,771
10 Mandan 10.67 $71,357
11 Williston 10.67 $76,873
12 Bismarck 11.67 $67,629
13 Dickinson 13.33 $66,306
14 Grafton 13.67 $53,535
15 Minot 14.0 $64,401
16 Valley City 14.0 $51,734
17 Rugby 15.33 $49,405
18 Fargo 16.33 $57,520
19 Devils Lake 16.67 $39,248
20 Bottineau 19.0 $59,306
21 New Town 19.33 $50,870
22 Jamestown 20.67 $49,846
23 Grand Forks 21.0 $50,194
24 Wahpeton 22.0 $44,426

How Is The Area In ?

Editor’s Note: Data has been updated for 2022. This is our ninth time ranking the richest cities in North Dakota.

About Chris Kolmar

Chris Kolmar has been in the real estate business for almost ten years now. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks.

He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move.

If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already.

You can find out more about him on LinkedIn or his website.