Forest River, ND Profile: Facts & Data

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Forest River, North Dakota - Basic Facts

The City of Forest River had a population of 111 as of July 1, 2023. Forest River ranks in the upper quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in North Dakota. See peer rankings below.

The primary coordinate point for Forest River is located at latitude 48.2153 and longitude -97.4681 in Walsh County. The formal boundaries for the City of Forest River encompass a land area of 0.5 sq. miles and a water area of 0 sq. miles. Walsh County is in the Central time zone (GMT -6).

The City of Forest River has a C5 Census Class Code which indicates an active incorporated place that is independent of any county subdivision and serves as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.


Jump to... (On This Page!)
  1. Forest River 2023 Demographic Data
  2. Growth Rates for Forest River (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. North Dakota Research Tools (Easy Tools & Current Data)
  3. North Dakota Data Comparison Tool - 2023 Demographics
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Forest River, ND Data & Demographics (As of July 1, 2023)

POPULATION

Total Population 111 (100%)
Population in Households 111 (100.0%)
Population in Families 108 (97.3%)
Population in Group Quarters1 0
Population Density 222
Diversity Index2 37
 
 

INCOME

Median Household Income $55,781
Average Household Income $120,358
% of Income for Mortgage4 0%
Per Capita Income $47,709
Wealth Index5 174
Socioeconomic Status Index6 Moderate (59.6)
 

HOUSING

Total HU (Housing Units) 54 (100%)
Owner Occupied HU 40 (74.1%)
Renter Occupied HU 4 ( 7.4%)
Vacant Housing Units 10 (18.5%)
Median Home Value $185,714
Average Home Value $248,750
Housing Affordability Index3 0
 

HOUSEHOLDS

Total Households 44
Average Household Size 2.52
Family Households 34
Average Family Size 3.00
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
  6. The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR

2020-2023 2023-2028
Population 0.56% -1.87%
Households 2.20% -1.40%
Families   -1.83%
Median Household Income   2.10%
Per Capita Income   2.64%
Owner Occupied HU   -1.55%

Forest River, ND - Peer Comparisons by Rank and Percentile

The table below compares Forest River to the other 406 incorporated cities, towns and CDPs in North Dakota by rank and percentile using July 1, 2023 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 231 43rd
Population Density # 260 36th
Median Household Income # 307 25th
Housing Affordability Index # 84 21st
Per Capita Income # 137 67th
Diversity Index # 37 91st

Additional comparisons and rankings can be made with a VERY EASY TO USE North Dakota Census Data Comparison Tool.

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