These Are The 10 Richest Cities In North Dakota For 2018


We analyzed over 13 places in North Dakota to determine where the 1% live.

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Horace, Hazen, West Fargo: 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 $107,000 and a ridiculously low poverty rate of 2.0%.

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 2012-2016 American Community Survey for the 25 places in North Dakota with more than 2,000 people.

At the end of the day, here’s the set of the 10 richest places in North Dakota for 2018:

  1. Horace
  2. Hazen
  3. West Fargo (Photos)
  4. Lincoln
  5. Watford City
  6. Casselton
  7. Beulah
  8. Williston (Photos)
  9. Lisbon
  10. Minot (Photos)

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 the best places to live in North Dakota or the poorest.

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How We Determined The Richest Places In North Dakota For 2018

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 2012-2016 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 25 places with more than 2,000 people in North Dakota, we ranked each place from 1 to 25 for each of the criteria, with 1 being the richest.
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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 Place In North Dakota For 2018’.

You can learn more about the top ten below or skip to the end to see the rankings for all 25 places.

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1. Horace

Horace, North Dakota

Source: Wikipedia

Population: 2,559
Median Income: $107,000
Unemployment Rate: 1.5%
Poverty Rate: 2.0%

2. Hazen

Hazen, North Dakota

Source: Wikipedia

Population: 2,653
Median Income: $77,275
Unemployment Rate: 1.0%
Poverty Rate: 8.5%

3. West Fargo

West Fargo, North Dakota

Source: Wikipedia

Population: 31,557
Median Income: $71,516
Unemployment Rate: 1.2%
Poverty Rate: 6.8%
West Fargo is a city in Cass County, North Dakota, United States. It is, as of the 2016 Census Estimates, the fifth largest city in the state of North Dakota with a population estimated at 34,858, and it is one of the state’s fastest growing cities. West Fargo was founded in 1926. The city is part of the Fargo-Moorhead, ND-MN Metropolitan Statistical Area.

4. Lincoln

Lincoln, North Dakota

Source: Wikipedia

Population: 3,311
Median Income: $74,048
Unemployment Rate: 2.7%
Poverty Rate: 0.5%

5. Watford City

Watford City, North Dakota

Source: Wikipedia

Population: 4,596
Median Income: $73,750
Unemployment Rate: 1.3%
Poverty Rate: 8.5%

6. Casselton

Casselton, North Dakota

Source: Wikipedia

Population: 2,500
Median Income: $66,223
Unemployment Rate: 2.7%
Poverty Rate: 5.7%

7. Beulah

Beulah, North Dakota

Source: Wikipedia

Population: 3,328
Median Income: $76,042
Unemployment Rate: 3.0%
Poverty Rate: 7.4%

8. Williston

Williston, North Dakota

Source: Wikipedia

Population: 23,902
Median Income: $90,875
Unemployment Rate: 2.2%
Poverty Rate: 10.5%
Williston is a city in and the county seat of Williams County, North Dakota, United States. The 2010 census gave its population as 14,716, and the Census Bureau gave the 2015 estimated population as 26,977, making Williston the sixth largest city in North Dakota. The North Dakota oil boom is largely responsible for the sharp increase in population.

9. Lisbon

Lisbon, North Dakota

Source: Wikipedia

Population: 2,091
Median Income: $55,136
Unemployment Rate: 0.7%
Poverty Rate: 8.9%

10. Minot

Minot, North Dakota

Source: Wikipedia

Population: 47,338
Median Income: $62,324
Unemployment Rate: 2.2%
Poverty Rate: 8.1%
Minot (/mant/ ( listen) MY-not) is a city in and the county seat of Ward County, North Dakota, United States, in the state’s north-central region. It is most widely known for the Air Force base located approximately 15 miles (24 km) north of the city. With a population of 40,888 at the 2010 census, Minot is the fourth largest city in the state and a trading center for a large portion of northern North Dakota, southwestern Manitoba, and southeastern Saskatchewan. Founded in 1886 during the construction of the Great Northern Railway, Minot is also known as ‘Magic City’, commemorating its remarkable growth in size over a short time.

There You Have It – The Richest Places In North Dakota For 2018

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: Grafton
2nd Poorest: Grand Forks
3rd Poorest: New Town

For more North Dakota reading , check out:

  • These Are The 10 Most Dangerous Cities In North Dakota
  • These Are The 10 Most Ghetto Cities In North Dakota
  • These Are The 10 Worst Places To Live In North Dakota
  • Detailed List Of The Richest Cities In North Dakota

    City Rank Median Income
    Horace 1 $107,000
    Hazen 2 $77,275
    West Fargo 3 $71,516
    Lincoln 4 $74,048
    Watford City 5 $73,750
    Casselton 6 $66,223
    Beulah 7 $76,042
    Williston 8 $90,875
    Lisbon 9 $55,136
    Minot 10 $62,324
    Oakes 11 $53,938
    Dickinson 12 $74,838
    Bismarck 13 $60,320
    Mandan 14 $60,034
    Stanley 15 $60,500
    Jamestown 16 $49,086
    Bottineau 17 $45,000
    Valley City 18 $52,176
    Rugby 19 $37,450
    Devils Lake 20 $40,453
    Wahpeton 21 $49,375
    Fargo 22 $48,060
    New Town 23 $53,086
    Grand Forks 24 $47,593
    Grafton 25 $44,926

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