58854 ZIP Code Demographics & Rankings

ZIP Code Type: STANDARD
County: McKenzie County
Centroid: Latitude 47.802, Longitude -103.28
Time Zone: Central Time Zone (UTC -6 hours)
Observes DST: Yes

ZIP Code 58854 has segments in 2 Counties (Dunn, McKenzie).

Businesses Addresses: 434
PO Box Addresses: 1,391
Residential Addresses: 3,034

Multi-Family Addresses: 127
Single Family Addresses: 2,907

The ZIP Code maps and database are updated 4 times per year.
Database updated: January 1, 2021, Maps updated: November 4, 2020.

Watford City, ND 58854 Data & Demographics (As of July 1, 2020)

POPULATION
Total Population	7,891 (100%)
Population in Households	7,799 (98.8%)
Population in Families	6,194 (78.5%)
Population in Group Quarters¹	92 ( 1.2%)
Population Density	12
Diversity Index²	17


INCOME
Median Household Income	$82,054
Average Household Income	$112,617
% of Income for Mortgage⁴	12%
Per Capita Income	$46,795
Wealth Index⁵	132

HOUSING
Total HU (Housing Units)	3,889 (100%)
Owner Occupied HU	1,737 (44.7%)
Renter Occupied HU	1,541 (39.6%)
Vacant Housing Units	611 (15.7%)
Median Home Value	$226,518
Average Home Value	$256,952
Housing Affordability Index³	229

HOUSEHOLDS
Total Households	3,278
Average Household Size	2.38
Family Households	2,105
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.

Watford City, ND 58854 - Peer Comparisons by Rank and Percentile

The table below compares 58854 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	10.62%	3.91%
Households	10.81%	3.97%
Families	10.61%	3.8%
Median Household Income		0.79%
Per Capita Income		0.93%
Owner Occupied HU		3.9%

Variable Description	Rank	Percentile
Total Population	# 19	95th
Population Density	# 56	85th
Median Household Income	# 41	90th
Housing Affordability Index	# 105	27th
Per Capita Income	# 40	90th
Diversity Index	# 119	69th

Watford City, ND 58854 ZIP Code Profile

ZIP Code 58854: Basic Data & USPS Preferred City Name

Watford City, ND 58854 Data & Demographics (As of July 1, 2020)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Watford City, ND 58854 - Peer Comparisons by Rank and Percentile

Popular Places Near ZIP Code 58854

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