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Ward County, ND

Minot

RANK #295 / 996 NAT  ·  POP 69,532

1YR FORECAST: +1.6%

5YR OUTLOOK: +29%

Our model projects above-average housing market growth for Ward County at +1.6% over the next year.

[01] Why Ward County?

Ward County, North Dakota, is defined by Minot, its largest city and county seat, often called the "Magic City" due to its rapid growth during the railroad era. Located in north-central North Dakota, Minot is approximately 110 miles north of Bismarck. The community's feel is influenced by Minot State University and Minot Air Force Base, contributing to a diverse and energetic atmosphere. The Souris River, also known as the Mouse River, meanders through the county, and outdoor recreation opportunities include hiking and biking trails at places like Black Butte Trailhead and the Minot Outdoor Recreation Area.

Life in Ward County offers a blend of urban amenities and access to outdoor activities. Public schools in the county are generally above average. Commute times are manageable, with Minot serving as a central hub. The economy is significantly shaped by the presence of Minot Air Force Base, which is a major employer and contributes substantially to the local economy. Additionally, the region's location near the Bakken oil formation and key transportation routes drives opportunities in sectors such as transportation, logistics, and agribusiness. Recent years have seen investment in new housing and commercial developments, reflecting ongoing economic activity.

[02] Market Snapshot

Housing Ratio
4.4x

Below national median (4.7x)

GDP Growth
+0.8%

Well below national median

Home Prices
+2.4%

Outpacing national median

Climate & Terrain
-2.0

Below-average climate & terrain

Price/Rent
21x

Prices detached from rents

Housing is fairly valued at 4.4x relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    Minot Air Force Base Military
    10,000+
  2. 2
    Trinity Health Healthcare
    1,000+
  3. 3
    Minot Public Schools Education
  4. 4
    City of Minot Government
    250+
  5. 5
    Delta Vacations Hospitality
  6. 6
    Minot State University Education
  7. 7
    Hess Energy
  8. 8
    BNSF Railway Logistics
  9. 9
    Ward County Government
  10. 10
    Kalix Other

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[04] Home Value Growth vs National

Ward County U.S. National

The Numbers

DEMOGRAPHICS
Population
69,532
-0.22% YoY
Median Household Income
$78,143
Median Home Value
$249,800
+2.35% 12mo
Median Rent
$1,005
Average Annual Pay
$60,491
+3.2% YoY
Employment
31,358
+0.8% YoY
Income-to-Home-Value
0.3128
More affordable than average
Migration Inflow
4.15%
of pop. from another state
Bachelor's Degree+
29.4%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$303,750
Days on Market
66
Slower market
Months of Supply
3.5
Balanced market
Sale-to-List Ratio
97.4%
Negotiation room for buyers
Sold Above List
10.9%
Listings w/ Price Drops
14.7%
Building Permits (2024)
130
Single-Family Permits
110

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Crime & Safety

B
SAFETY
GRADE
Homicide Rate
3.5
per 100K · nat avg 6.3
Firearm Fatalities
14.6
per 100K · nat avg 14.8
Injury Deaths
77.5
per 100K · nat avg 76.3
vs National Average
Below national avg
based on homicide rate

Source: CDC/NCHS vital statistics via County Health Rankings (2020–2022 avg). Rates per 100,000 population. Grade based on homicide rate relative to national average (~6.3). Learn more →

[06] Air Quality

B
AIR QUALITY
GRADE
Median AQI (3yr)
38.7
Good
Good Air Days
78%
843 of 1,084 days
Unhealthy+ Days (3yr)
34
Includes 1 Very Unhealthy
Primary Pollutant
Ozone
Ground-level ozone
Yearly Trend
2021
37
2022
37
2023
42
Median AQI · lower is better

Source: EPA Air Quality System (2021–2023). Grade based on 3-year average median AQI. Learn about AQI →

[07] Capital Investment

$450M
TOTAL
PROJECT AMOUNT STATUS
Ward Battery/Storage
Undisclosed (part of MISO interconnection queue)
$200M Planned
Ward Wind Farm
Undisclosed (part of MISO interconnection queue)
$100M Planned
County Road 23 Reconstruction
Ward County / KLJ Engineering
$50M Planned
SW & SE Connector Corridor Study
Ward County
$50M Proposed
Islandview Estate Development
SHK Holdings
$50M Approved

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[08] Score Breakdown

GDP Growth +0.8% 15 percentile
Population Growth -0.2% 20 percentile
Income Growth +8.2% 40 percentile
Vacancy Rate 1.9% 10 percentile
Home Price Change +2.4% 63 percentile
Rent Growth +4.7% 76 percentile
Price/Rent 21x 6 percentile

Bars show percentile rank among all 996 counties.

[09] Frequently Asked Questions

Is Ward County, ND a good place to move to?

With a Boom Town Index score of 70/100, Ward County sits in the upper half of all 996 ranked counties. Employment is expanding at +0.8%, and median household income stands at $78,143 — indicators that suggest solid fundamentals even if it's not among the fastest-growing counties in ND.

Is Ward County affordable?

Housing in Ward County is roughly in line with national affordability norms. The median home costs $249,800 and the income-to-home-value ratio sits at 0.31, with rents averaging $1,005/month. Not a bargain, but not a stretch for most local earners either.

Is Ward County growing or shrinking?

Population and employment in Ward County are both close to flat — population -0.2% YoY and jobs +0.8%. Home values shifted +2.4% over the past 12 months. A steady-state county, neither expanding quickly nor shrinking.

Are people moving to Ward County?

There's a moderate stream of newcomers. About 4.15% of residents moved from another state, which is above average and suggests Ward County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[10] Similar Counties by Size & Score

Grand Forks County, ND 77 Cass County, ND 57 Burleigh County, ND 87 Catoosa County, GA 70 Rutherford County, NC 70 Valencia County, NM 70 Garfield County, CO 70 Chisago County, MN 70