58563 ZIP Code Demographics & Rankings

ZIP Code Type: STANDARD
County: Morton County
Centroid: Latitude 46.854, Longitude -101.436
Time Zone: Central Time Zone (UTC -6 hours)
Observes DST: Yes

ZIP Code 58563 has segments in 3 Counties (Grant, Morton, Oliver).

Businesses Addresses: 55
PO Box Addresses: 167
Residential Addresses: 648

Multi-Family Addresses: 38
Single Family Addresses: 610

The ZIP Code maps and database are updated 4 times per year.
Database updated: October 1, 2020, Maps updated: November 4, 2020.

New Salem, ND 58563 Data & Demographics (As of July 1, 2020)

POPULATION
Total Population	2,176 (100%)
Population in Households	2,074 (95.3%)
Population in Families	1,683 (77.3%)
Population in Group Quarters¹	102 ( 4.7%)
Population Density	4
Diversity Index²	8


INCOME
Median Household Income	$61,370
Average Household Income	$75,512
% of Income for Mortgage⁴	12%
Per Capita Income	$31,106
Wealth Index⁵	80

HOUSING
Total HU (Housing Units)	1,014 (100%)
Owner Occupied HU	688 (67.9%)
Renter Occupied HU	207 (20.4%)
Vacant Housing Units	119 (11.7%)
Median Home Value	$174,793
Average Home Value	$215,153
Housing Affordability Index³	225

HOUSEHOLDS
Total Households	895
Average Household Size	2.32
Family Households	586
Average Family Size	3

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.

New Salem, ND 58563 - Peer Comparisons by Rank and Percentile

The table below compares 58563 to the other 384 ZIP Codes in North Dakota by rank and percentile using July 1, 2020 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	2010-2020	2020-2025
Population	1.13%	0.8%
Households	1.19%	0.99%
Families	0.93%	0.81%
Median Household Income		2.2%
Per Capita Income		2.13%
Owner Occupied HU		0.91%

Variable Description	Rank	Percentile
Total Population	# 45	89th
Population Density	# 157	60th
Median Household Income	# 214	45th
Housing Affordability Index	# 101	26th
Per Capita Income	# 314	18th
Diversity Index	# 302	22nd

New Salem, ND 58563 ZIP Code Profile

ZIP Code 58563: Basic Data & USPS Preferred City Name

New Salem, ND 58563 Data & Demographics (As of July 1, 2020)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

New Salem, ND 58563 - Peer Comparisons by Rank and Percentile

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