Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 56.2 yrs |
|---|---|
| Avg HH Size | 1.90 |
| Below Poverty | 10.9% ▲ 9% above avg |
| College Grads | 35.5% ▼ 8% below avg |
| Unemployment | 8.2% ▲ 68% above avg |
| No HS Diploma | 6 (1.8%) |
| HS Graduate | 147 (43.1%) |
| Some College | 51 (15%) |
| Associates | 16 (4.7%) |
| Bachelors | 65 (19.1%) |
| Graduate Degree | 56 (16.4%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $58,000 ▼ 24% below avg |
|---|---|
| Median Home Value | $84,300 ▼ 70% below avg |
| Home/Income Ratio | 1.5x (nat avg ~3.5x) |
| Median Rent | $746/mo |
| Total Housing Units | 316 |
| Vacant Units | 90 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Drake is a city in North Dakota, located in McHenry County. The city spans 1 ZIP code and is home to approximately 430 residents. It is an older city, with a median age of 56.2 years.
Economically, Drake is a solidly middle-class community. The median household income of $58,000 is below the national average. Approximately 10.9% of residents live below the poverty line. The unemployment rate is 8.2%, significantly above the national average.
The real estate market in Drake is one of the more affordable housing markets in the country. Median home values stand at $84,300, which is well below the national average. Renters typically pay around $746 per month. Homeownership is high at 83.2%, typical of suburban and family-oriented communities.
The population of Drake is moderately educated. 35.5% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (95.58%).
Drake, ND offers residents a cost-conscious lifestyle within North Dakota.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 58736 | 430 | $58,000 | $84,300 | $746 | 8.2% | 35.5% | 83.2% |