Hankinson, ND Profile: Facts & Data

Hankinson, North Dakota - Basic Facts

The City of Hankinson had a population of 915 as of July 1, 2024.

The primary coordinate point for Hankinson is located at latitude 46.0697 and longitude -96.9017 in Richland County. The formal boundaries for the City of Hankinson encompass a land area of 1.59 sq. miles and a water area of 0 sq. miles. Richland County is in the Central time zone (GMT -6).

The City of Hankinson 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.

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Hankinson, ND Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	915 (100%)
Population in Households	869 (95.0%)
Population in Families	685 (74.9%)
Population in Group Quarters¹	46 ( 5.0%)
Population Density	492
Diversity Index²	18


INCOME
Median Household Income	$79,843
Average Household Income	$100,854
% of Income for Mortgage⁴	9%
Per Capita Income	$44,054
Wealth Index⁵	97
Socioeconomic Status Index⁶	Moderate (54.2)

HOUSING
Total HU (Housing Units)	471 (100%)
Owner Occupied HU	340 (72.2%)
Renter Occupied HU	59 (12.5%)
Vacant Housing Units	72 (15.3%)
Median Home Value	$117,647
Average Home Value	$157,500
Housing Affordability Index³	263

HOUSEHOLDS
Total Households	399
Average Household Size	2.18
Family Households	244
Average Family Size	3.00

HOUSING

Total HU (Housing Units)

471 (100%)

Owner Occupied HU

340 (72.2%)

Renter Occupied HU

59 (12.5%)

Vacant Housing Units

72 (15.3%)

Median Home Value

$117,647

Average Home Value

$157,500

Housing Affordability Index³

263

HOUSEHOLDS

Total Households

399

Average Household Size

2.18

Family Households

244

Average Family Size

3.00

NOTES

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.
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.
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.
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).
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.
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	2020-2024	2024-2029
Population	-0.15%	0.39%
Households	0.91%	0.59%
Families		0.33%
Median Household Income		2.59%
Per Capita Income		3.55%
Owner Occupied HU		1.60%

GROWTH RATE / YEAR

2020-2024

2024-2029

Population

-0.15%

0.39%

Households

0.91%

0.59%

Families

0.33%

Median Household Income

2.59%

Per Capita Income

3.55%

Owner Occupied HU

1.60%

Hankinson, ND - Peer Comparisons by Rank and Percentile

The table below compares Hankinson to the other 406 incorporated cities, towns and CDPs in North Dakota by rank and percentile using July 1, 2024 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	# 64	84th
Population Density	# 143	65th
Median Household Income	# 218	47th
Housing Affordability Index	# 391	96th
Per Capita Income	# 250	39th
Diversity Index	# 183	55th

Variable Description

Rank

Percentile

Total Population

# 64

84th

Population Density

# 143

65th

Median Household Income

# 218

47th

Housing Affordability Index

# 391

96th

Per Capita Income

# 250

39th

Diversity Index

# 183

55th

North Dakota Census Data Comparison Tool

Hankinson, ND Profile: Facts & Data

Hankinson, North Dakota - Basic Facts

Hankinson, ND Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Hankinson, ND - Peer Comparisons by Rank and Percentile

Hankinson, ND - Most Popular Things to Do

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