Horace, ND
Population 3,964 · North Dakota
About Horace, ND
Horace is a small community in North Dakota with a population of 3,964 residents. The median household income is $145,801 per year, which is above the national average. The median age in Horace is 34 years.
Housing in Horace has a median home value of $444,600 and median monthly rent of $963. Of the 1,414 total housing units, the majority are owner-occupied, with 1,303 owner-occupied and 42 renter-occupied units.
The unemployment rate in Horace is 0.6% and the poverty rate is 4.4%. 43.5% of residents hold a bachelor's degree or higher. The average commute time is 30.6 minutes.
How Horace Ranks in North Dakota
Cost of Living in Horace, ND
Compared to national averages, Horace has a median household income of $145,801 (94% above the national median of $75,149). Home values average $444,600, which is 82% above the national median. Monthly rent at $963 is 17% below the US average of $1,163. Within North Dakota, Horace's income is 101% above the state average of $72,691, and home values are 219% above the state median of $139,496.
Why Live in Horace, ND?
Horace offers a strong local economy with a median household income of $145,801, well above the national average, and rent that’s lower than the national average at $963/month, and a strong job market with an unemployment rate of just 0.6%. Additionally, the city features a well-educated community where 43.5% of residents hold a bachelor’s degree or higher, and a low poverty rate of 4.4%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $444,600. However, Horace’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Horace has a population of 3,964 with a median age of 34 years. Compare Horace with other cities to see how it stacks up, or explore all cities in North Dakota.
Similar Cities Near Horace
Cities in North Dakota with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Grafton | 4,128 | $60,184 | $153,800 | Compare |
| Lincoln | 4,309 | $83,387 | $259,400 | Compare |
| Beulah | 3,058 | $84,417 | $194,300 | Compare |
| Minot AFB | 4,904 | $65,571 | $0 | Compare |
| New Town | 2,725 | $50,707 | $199,700 | Compare |
| Casselton | 2,640 | $68,472 | $297,500 | Compare |
| Rugby | 2,555 | $50,580 | $147,800 | Compare |
| Hazen | 2,509 | $72,094 | $189,300 | Compare |
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.
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Frequently Asked Questions about Horace
What is the population of Horace, ND?
The population of Horace, ND is 3,964 according to the latest Census data.
What is the median household income in Horace?
The median household income in Horace, ND is $145,801 per year.
What is the median home value in Horace?
The median home value in Horace, ND is $444,600.
What is the average rent in Horace?
The median monthly rent in Horace, ND is $963.
What is the unemployment rate in Horace?
The unemployment rate in Horace, ND is 0.6%.