58623 ZIP Code Profile, Map, Data & Demographics

ZIP Code Type: STANDARD
County: Bowman County
Centroid: Latitude 46.179, Longitude -103.401
Time Zone: Mountain Time Zone (UTC -7 hours)
Observes DST: Yes

ZIP Code 58623 has segments in 3 Counties (Bowman, Harding, Slope).

Businesses Addresses: 151
PO Box Addresses: 406
Residential Addresses: 631

Multi-Family Addresses: 40
Single Family Addresses: 591

The ZIP Code maps and database are updated 4 times per year.
Database updated: April 1, 2023, Maps updated: February 3, 2023.

Bowman, ND 58623 Data & Demographics (As of July 1, 2022)

POPULATION
Total Population	2,162 (100%)
Population in Households	2,113 (97.7%)
Population in Families	1,635 (75.6%)
Population in Group Quarters¹	49 ( 2.3%)
Population Density	3
Diversity Index²	22


INCOME
Median Household Income	$63,341
Average Household Income	$86,981
% of Income for Mortgage⁴	15%
Per Capita Income	$37,706
Wealth Index⁵	83

HOUSING
Total HU (Housing Units)	1,164 (100%)
Owner Occupied HU	648 (55.7%)
Renter Occupied HU	267 (22.9%)
Vacant Housing Units	249 (21.4%)
Median Home Value	$176,163
Average Home Value	$207,573
Housing Affordability Index³	179

HOUSEHOLDS
Total Households	915
Average Household Size	2.31
Family Households	525
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.

Bowman, ND 58623 - Peer Comparisons by Rank and Percentile

The table below compares 58623 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	-1.33%	-1.19%
Households	-1.33%	-1.09%
Families		-1.29%
Median Household Income		0.93%
Per Capita Income		1.28%
Owner Occupied HU		-0.72%

Variable Description	Rank	Percentile
Total Population	# 45	89th
Population Density	# 159	59th
Median Household Income	# 259	33rd
Housing Affordability Index	# 154	40th
Per Capita Income	# 273	29th
Diversity Index	# 98	75th

58623 ZIP Code Profile, Map, Data & Demographics

ZIP Code 58623: Basic Data & USPS Preferred City Name

Bowman, ND 58623 Data & Demographics (As of July 1, 2022)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Bowman, ND 58623 - Peer Comparisons by Rank and Percentile

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