58763 ZIP Code Demographics & Rankings

ZIP Code Type: STANDARD
County: Mountrail County
Centroid: Latitude 47.973, Longitude -102.482
Time Zone: Central Time Zone (UTC -6 hours)
Observes DST: Yes

ZIP Code 58763 has segments in 2 Counties (McKenzie, Mountrail).

Businesses Addresses: 223
PO Box Addresses: 1,315
Residential Addresses: 833

Multi-Family Addresses: 217
Single Family Addresses: 616

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

New Town, ND 58763 Data & Demographics (As of July 1, 2020)

POPULATION
Total Population	5,557 (100%)
Population in Households	5,513 (99.2%)
Population in Families	4,563 (82.1%)
Population in Group Quarters¹	44 ( 0.8%)
Population Density	10
Diversity Index²	67


INCOME
Median Household Income	$58,023
Average Household Income	$79,182
% of Income for Mortgage⁴	12%
Per Capita Income	$26,496
Wealth Index⁵	75

HOUSING
Total HU (Housing Units)	2,619 (100%)
Owner Occupied HU	926 (35.4%)
Renter Occupied HU	933 (35.6%)
Vacant Housing Units	760 (29.0%)
Median Home Value	$167,822
Average Home Value	$211,636
Housing Affordability Index³	220

HOUSEHOLDS
Total Households	1,859
Average Household Size	2.97
Family Households	1,326
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 Town, ND 58763 - Peer Comparisons by Rank and Percentile

The table below compares 58763 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	4.63%	2.85%
Households	4.41%	2.83%
Families	4.41%	2.78%
Median Household Income		-0.16%
Per Capita Income		0.73%
Owner Occupied HU		3.01%

Variable Description	Rank	Percentile
Total Population	# 21	95th
Population Density	# 62	84th
Median Household Income	# 264	32nd
Housing Affordability Index	# 94	24th
Per Capita Income	# 360	7th
Diversity Index	# 6	99th

New Town, ND 58763 ZIP Code Profile

ZIP Code 58763: Basic Data & USPS Preferred City Name

New Town, ND 58763 Data & Demographics (As of July 1, 2020)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

New Town, ND 58763 - Peer Comparisons by Rank and Percentile

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