The 10 Richest Cities In North Dakota For 2021


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

Editor’s Note: Data has been updated for 2021. This is our seventh time ranking the richest cities in North Dakota.

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 $129,231 and a ridiculously low poverty rate of 1.6819012797074957%.

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 2015-2019 American Community Survey for the 26 places in North Dakota with more than 2,000 people.

Here are the 10 richest places in North Dakota for 2021:

  1. Horace
  2. Lincoln
  3. Beulah
  4. West Fargo
  5. Stanley
  6. Lisbon
  7. Casselton
  8. Oakes
  9. Williston
  10. Carrington

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 2021

1. Horace

Horace, ND

Overall SnackAbility

6
/10

Population: 2,741
Rank Last Year: 1 (No Change)
Median Income: $129,231
Unemployment Rate: 0.3%
Poverty Rate: 1.7%
More on Horace: Real Estate | Photos

2. Lincoln

Lincoln, ND

Overall SnackAbility

6
/10

Population: 3,703
Rank Last Year: 3 (Up 1)
Median Income: $90,231
Unemployment Rate: 0.5%
Poverty Rate: 0.5%
More on Lincoln: Real Estate | Photos

3. Beulah

Beulah, ND

Overall SnackAbility

9
/10

Population: 3,235
Rank Last Year: 2 (Down 1)
Median Income: $99,125
Unemployment Rate: 0.9%
Poverty Rate: 2.9%
More on Beulah: Real Estate | Photos

4. West Fargo

West Fargo, ND

Overall SnackAbility

9
/10

Population: 35,397
Rank Last Year: 6 (Up 2)
Median Income: $85,120
Unemployment Rate: 1.5%
Poverty Rate: 6.4%
More on West Fargo: Real Estate | Photos

5. Stanley

Stanley, ND

Overall SnackAbility

7
/10

Population: 2,655
Rank Last Year: 13 (Up 8)
Median Income: $74,200
Unemployment Rate: 0.9%
Poverty Rate: 5.7%
More on Stanley: Real Estate | Photos

6. Lisbon

Lisbon, ND

Overall SnackAbility

5
/10

Population: 2,009
Rank Last Year: 9 (Up 3)
Median Income: $63,984
Unemployment Rate: 0.4%
Poverty Rate: 5.1%
More on Lisbon: Real Estate | Photos

7. Casselton

Casselton, ND

Overall SnackAbility

6
/10

Population: 2,677
Rank Last Year: 4 (Down 3)
Median Income: $78,438
Unemployment Rate: 1.7%
Poverty Rate: 6.0%
More on Casselton: Real Estate | Photos

8. Oakes

Oakes, ND

Overall SnackAbility

8.5
/10

Population: 2,129
Rank Last Year: 12 (Up 4)
Median Income: $71,250
Unemployment Rate: 2.0%
Poverty Rate: 6.1%
More on Oakes: Real Estate | Photos

9. Williston

Williston, ND

Overall SnackAbility

8
/10

Population: 27,250
Rank Last Year: 7 (Down 2)
Median Income: $84,710
Unemployment Rate: 2.6%
Poverty Rate: 6.4%
More on Williston: Real Estate | Photos

10. Carrington

Carrington, ND

Overall SnackAbility

5
/10

Population: 2,133
Rank Last Year: 8 (Down 2)
Median Income: $54,839
Unemployment Rate: 0.0%
Poverty Rate: 8.5%
More on Carrington: Real Estate | Photos

How We Determined The Richest Places In North Dakota For 2021

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 2015-2019 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 26 places with more than 2,000 people in North Dakota, we ranked each place from 1 to 26 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 2021". 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 26 places.

There You Have It - The Wealthiest Places In North Dakota For 2021

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: Bottineau

For more North Dakota reading, check out:

Detailed List Of The Richest Cities In North Dakota

Rank City RichScore Median Income
1 Horace 1.67 $129,231
2 Lincoln 3.0 $90,231
3 Beulah 4.0 $99,125
4 West Fargo 7.0 $85,120
5 Stanley 7.33 $74,200
6 Lisbon 7.67 $63,984
7 Casselton 7.67 $78,438
8 Oakes 9.67 $71,250
9 Williston 10.0 $84,710
10 Carrington 10.33 $54,839
11 Hazen 11.0 $82,121
12 Mandan 11.67 $69,014
13 Watford City 13.33 $74,797
14 Bismarck 14.0 $64,444
15 Dickinson 14.67 $68,718
16 Minot 16.33 $66,194
17 Devils Lake 16.67 $47,218
18 Grafton 18.0 $52,760
19 Valley City 18.33 $46,926
20 Fargo 19.0 $55,551
21 Rugby 19.0 $46,552
22 Jamestown 20.67 $51,789
23 New Town 21.33 $59,583
24 Bottineau 21.33 $55,185
25 Grand Forks 23.33 $50,076
26 Wahpeton 24.0 $45,150

How Is The Area In ?

Talk To A Relocation Expert

Need help figuring out where to move? Email YouTube star Nick Johnson at [email protected].

It's $200 for a phone consultation, and you'll go over politics, weather, cost of living, schools, culture and more to discover which city is the PERFECT place for your family to move to.

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.

0 thoughts on “The 10 Richest Cities In North Dakota For 2021

  1. Interesting article but the photo of Main Street of Watford City is from the 1980’s and does not reflect the growth and beauty of our downtown.

Leave a Reply

Your email address will not be published. Required fields are marked *