Forbes, ND
Population 23 · North Dakota
About Forbes, ND
Forbes is a small community located in North Dakota with a population of 23 residents according to the latest US Census Bureau American Community Survey data. The median household income is $97,000 per year, which is 29% above the national median of $75,149. The median age of 44.3 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Forbes features a median home value of $0, which is 100% below the national median of $244,900. This makes Forbes one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 29 total housing units, 100% are owner-occupied (12 units) and 0% are renter-occupied (0 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Forbes shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 0.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Forbes have an average one-way commute time of 0 minutes, one of the shorter commutes in the region.
Education & Demographics
15.8% of Forbes residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
How Forbes Ranks in North Dakota
Cost of Living in Forbes, ND
Compared to national averages, Forbes has a median household income of $97,000 (29% above the national median of $75,149). Home values average $0, which is 100% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within North Dakota, Forbes's income is 33% above the state average of $72,691, and home values are 100% below the state median of $139,496.
Why Live in Forbes, ND?
Forbes offers a strong local economy with a median household income of $97,000, well above the national average, and affordable housing with a median home value of $0, below the US average of $244,900, and rent that’s lower than the national average at $0/month. Additionally, the city features a strong job market with an unemployment rate of just 0.0%, and a low poverty rate of 0.0%, better than the national average, and short commute times averaging just 0 minutes.
Forbes has a population of 23 with a median age of 44.3 years. Compare Forbes with other cities to see how it stacks up, or explore all cities in North Dakota.
Similar Cities Near Forbes
Cities in North Dakota with a similar population size.
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in North Dakota
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Forbes With Other Cities
Frequently Asked Questions about Forbes
What is the population of Forbes, ND?
The population of Forbes, ND is 23 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in North Dakota.
What is the median household income in Forbes?
The median household income in Forbes, ND is $97,000 per year, which is 29% above the national median of $75,149.
What is the median home value in Forbes?
The median home value in Forbes, ND is $0, which is 100% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Forbes?
The median monthly rent in Forbes, ND is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Forbes?
The unemployment rate in Forbes, ND is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Forbes, ND a good place to live?
Forbes offers above-average incomes, affordable housing, and a strong job market. With a population of 23 and a median age of 44.3, the city appeals to a broad range of residents.
How educated is Forbes, ND?
15.8% of residents in Forbes aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Forbes?
Key cost-of-living indicators for Forbes, ND: median home value is $0 (100% below national), median rent is $0/month, and median household income is $97,000. The home-value-to-income ratio is 0.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Forbes?
The poverty rate in Forbes, ND is 0.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Forbes, ND?
Forbes's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.