Park River, ND
Population 1,483 · North Dakota
About Park River, ND
Park River is a small town located in North Dakota with a population of 1,483 residents according to the latest US Census Bureau American Community Survey data. The median household income is $76,080 per year, which is 1% above the national median of $75,149. The median age of 46 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 Park River features a median home value of $118,600, which is 52% below the national median of $244,900. This makes Park River one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $892, 23% below the national average of $1,163/month. Of the 706 total housing units, 74% are owner-occupied (447 units) and 26% are renter-occupied (160 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Park River shows an unemployment rate of 1.5%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 12.4%, above the national average of 12.4%. Workers in Park River have an average one-way commute time of 20.2 minutes.
Education & Demographics
20.9% of Park River 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, 7.6% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 1.7% of the population being foreign-born.
How Park River Ranks in North Dakota
Cost of Living in Park River, ND
Compared to national averages, Park River has a median household income of $76,080 (1% above the national median of $75,149). Home values average $118,600, which is 52% below the national median. Monthly rent at $892 is 23% below the US average of $1,163. Within North Dakota, Park River's income is 5% above the state average of $72,691, and home values are 15% below the state median of $139,496.
Why Live in Park River, ND?
Park River offers a strong local economy with a median household income of $76,080, well above the national average, and affordable housing with a median home value of $118,600, below the US average of $244,900, and rent that’s lower than the national average at $892/month. Additionally, the city features a strong job market with an unemployment rate of just 1.5%, and short commute times averaging just 20.2 minutes.
Park River has a population of 1,483 with a median age of 46 years. Compare Park River with other cities to see how it stacks up, or explore all cities in North Dakota.
Similar Cities Near Park River
Cities in North Dakota with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Garrison | 1,456 | $68,646 | $181,800 | Compare |
| Bowman | 1,523 | $70,859 | $181,300 | Compare |
| Tioga | 1,525 | $62,315 | $196,800 | Compare |
| Washburn | 1,434 | $75,729 | $226,200 | Compare |
| New Rockford | 1,325 | $47,969 | $101,400 | Compare |
| Hillsboro | 1,643 | $77,844 | $180,800 | Compare |
| Cavalier | 1,304 | $57,188 | $155,500 | Compare |
| Surrey | 1,672 | $105,125 | $302,200 | 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.
Compare Park River With Other Cities
Frequently Asked Questions about Park River
What is the population of Park River, ND?
The population of Park River, ND is 1,483 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in North Dakota.
What is the median household income in Park River?
The median household income in Park River, ND is $76,080 per year, which is 1% above the national median of $75,149.
What is the median home value in Park River?
The median home value in Park River, ND is $118,600, which is 52% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Park River?
The median monthly rent in Park River, ND is $892, which is 23% below the national average of $1,163/month.
What is the unemployment rate in Park River?
The unemployment rate in Park River, ND is 1.5%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Park River, ND a good place to live?
Park River offers above-average incomes, affordable housing, and a strong job market. With a population of 1,483 and a median age of 46, the city appeals to established professionals and retirees.
How educated is Park River, ND?
20.9% of residents in Park River 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 Park River?
Key cost-of-living indicators for Park River, ND: median home value is $118,600 (52% below national), median rent is $892/month, and median household income is $76,080. The home-value-to-income ratio is 1.6x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Park River?
The poverty rate in Park River, ND is 12.4%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Park River, ND?
Park River's population is 0.0% White, 7.6% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.1% two or more races. 1.7% of residents are foreign-born.