Drake, ND
Population 245 · North Dakota
About Drake, ND
Drake is a small community in North Dakota with a population of 245 residents. The median household income is $46,875 per year, which is below the national average. The median age in Drake is 44.5 years.
Housing in Drake has a median home value of $76,700 and median monthly rent of $713. Of the 196 total housing units, the majority are owner-occupied, with 104 owner-occupied and 21 renter-occupied units.
The unemployment rate in Drake is 16.7% and the poverty rate is 17.6%. 10.8% of residents hold a bachelor's degree or higher. The average commute time is 13.5 minutes.
Cost of Living in Drake, ND
Compared to national averages, Drake has a median household income of $46,875 (38% below the national median of $75,149). Home values average $76,700, which is 69% below the national median. Monthly rent at $713 is 39% below the US average of $1,163. Within North Dakota, Drake's income is 36% below the state average of $72,691, and home values are 45% below the state median of $139,496.
Why Live in Drake, ND?
Drake offers affordable housing with a median home value of $76,700, below the US average of $244,900, and rent that’s lower than the national average at $713/month, and short commute times averaging just 13.5 minutes.
Potential considerations include median household income ($46,875) that falls below the national average. However, Drake’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Drake has a population of 245 with a median age of 44.5 years. Compare Drake with other cities to see how it stacks up, or explore all cities in North Dakota.
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Drake
What is the population of Drake, ND?
The population of Drake, ND is 245 according to the latest Census data.
What is the median household income in Drake?
The median household income in Drake, ND is $46,875 per year.
What is the median home value in Drake?
The median home value in Drake, ND is $76,700.
What is the average rent in Drake?
The median monthly rent in Drake, ND is $713.
What is the unemployment rate in Drake?
The unemployment rate in Drake, ND is 16.7%.