Walcott, ND
Population 302 · North Dakota
About Walcott, ND
Walcott is a small community located in North Dakota with a population of 302 residents according to the latest US Census Bureau American Community Survey data. The median household income is $93,523 per year, which is 24% above the national median of $75,149. The median age of 35 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Walcott features a median home value of $196,400, which is 20% below the national median of $244,900. This positions Walcott in a moderately priced market relative to the rest of the country. Median monthly rent is $1,102, 5% below the national average of $1,163/month. Of the 129 total housing units, 85% are owner-occupied (106 units) and 15% are renter-occupied (19 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Walcott shows an unemployment rate of 2.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 6.7%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Walcott have an average one-way commute time of 30.6 minutes.
Education & Demographics
32.9% of Walcott residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 0.3% White, 4.3% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.7% of the population being foreign-born.
Cost of Living in Walcott, ND
Compared to national averages, Walcott has a median household income of $93,523 (24% above the national median of $75,149). Home values average $196,400, which is 20% below the national median. Monthly rent at $1,102 is 5% below the US average of $1,163. Within North Dakota, Walcott's income is 29% above the state average of $72,691, and home values are 41% above the state median of $139,496.
Why Live in Walcott, ND?
Walcott offers a strong local economy with a median household income of $93,523, well above the national average, and affordable housing with a median home value of $196,400, below the US average of $244,900, and rent that’s lower than the national average at $1,102/month. Additionally, the city features a strong job market with an unemployment rate of just 2.0%, and a low poverty rate of 6.7%, better than the national average.
Walcott has a population of 302 with a median age of 35 years. Compare Walcott 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 Walcott
What is the population of Walcott, ND?
The population of Walcott, ND is 302 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 Walcott?
The median household income in Walcott, ND is $93,523 per year, which is 24% above the national median of $75,149.
What is the median home value in Walcott?
The median home value in Walcott, ND is $196,400, which is 20% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Walcott?
The median monthly rent in Walcott, ND is $1,102, which is 5% below the national average of $1,163/month.
What is the unemployment rate in Walcott?
The unemployment rate in Walcott, ND is 2.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Walcott, ND a good place to live?
Walcott offers above-average incomes, affordable housing, and a strong job market. With a population of 302 and a median age of 35, the city appeals to a broad range of residents.
How educated is Walcott, ND?
32.9% of residents in Walcott 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 Walcott?
Key cost-of-living indicators for Walcott, ND: median home value is $196,400 (20% below national), median rent is $1,102/month, and median household income is $93,523. The home-value-to-income ratio is 2.1x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Walcott?
The poverty rate in Walcott, ND is 6.7%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Walcott, ND?
Walcott's population is 0.3% White, 4.3% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 1.0% two or more races. 0.7% of residents are foreign-born.