58240 ZIP Code Profile, Map, Data & Demographics

ZIP Code Type: STANDARD
County: Traill County
Centroid: Latitude 47.64, Longitude -97.457
Time Zone: Central Time Zone (UTC -6 hours)
Observes DST: Yes

ZIP Code 58240 has segments in 3 Counties (Grand Forks, Steele, Traill).

Businesses Addresses: 37
PO Box Addresses: 96
Residential Addresses: 420

Multi-Family Addresses: 14
Single Family Addresses: 406

The ZIP Code maps and database are updated 4 times per year.
Database updated: July 1, 2022, Maps updated: May 5, 2022.

Hatton, ND 58240 Data & Demographics (As of July 1, 2022)

POPULATION
Total Population	1,212 (100%)
Population in Households	1,178 (97.2%)
Population in Families	944 (77.9%)
Population in Group Quarters¹	34 ( 2.8%)
Population Density	8
Diversity Index²	21


INCOME
Median Household Income	$64,489
Average Household Income	$83,502
% of Income for Mortgage⁴	13%
Per Capita Income	$33,934
Wealth Index⁵	73

HOUSING
Total HU (Housing Units)	687 (100%)
Owner Occupied HU	369 (53.7%)
Renter Occupied HU	113 (16.4%)
Vacant Housing Units	205 (29.8%)
Median Home Value	$158,542
Average Home Value	$171,092
Housing Affordability Index³	208

HOUSEHOLDS
Total Households	482
Average Household Size	2.44
Family Households	296
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.

Hatton, ND 58240 - Peer Comparisons by Rank and Percentile

The table below compares 58240 to the other 384 ZIP Codes in North Dakota by rank and percentile using July 1, 2022 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.

GROWTH RATE / YEAR	2020-2022	2022-2027
Population	0.82%	-0.28%
Households	-0.91%	-0.21%
Families		-0.34%
Median Household Income		2.98%
Per Capita Income		2.45%
Owner Occupied HU		0.00%

Variable Description	Rank	Percentile
Total Population	# 83	79th
Population Density	# 66	83rd
Median Household Income	# 239	38th
Housing Affordability Index	# 218	57th
Per Capita Income	# 324	16th
Diversity Index	# 110	72nd

58240 ZIP Code Profile, Map, Data & Demographics

ZIP Code 58240: Basic Data & USPS Preferred City Name

Hatton, ND 58240 Data & Demographics (As of July 1, 2022)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Hatton, ND 58240 - Peer Comparisons by Rank and Percentile

Popular Places Near ZIP Code 58240

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