Median Income
$43,750
household / year
Median Home Value
$67,600
owner-occupied
Median Rent
$708
gross / month
Cost of Living
86
national avg = 100

Is Drake, ND a Good Place to Live?

Drake is a small town of 297 in North Dakota, with a median household income of $43,750 and a 15.6% unemployment rate. Its cost of living index is 86 (US average = 100), which is 14% below the national average.

Strengths: Drake stands out for an affordable cost of living, below-average home prices, solid school ratings (B), short average commutes.

Trade-offs: Potential downsides include an elevated unemployment rate. Whether Drake is right for you depends on your priorities — the full breakdown is below.

All Drake city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 86.2

Drake's overall cost of living index is 86.2, where 100 represents the US national average. Living in Drake costs roughly 14% less than the average American city.

Metric Drake, ND National Avg
Median Home Value $67,600 $244,900
Median Monthly Rent $708 $1,163
Homeownership Rate 82.3% 65.9%
Median Household Income $43,750 $74,755

Crime & Safety

Very Safe

Drake's violent crime rate is 156.7 per 100,000 residents — 59% lower than the national average of ~380 per 100,000.

Violent Crime
156.7 /100k
Property Crime
626.6 /100k

Vertical marker = national average. Source: FBI UCR Program.

Schools & Education

Drake is served primarily by DRAKE 57. The student-to-teacher ratio is 7.3:1 (better than the national average of ~16:1).

Metric Drake, ND National Avg
School District DRAKE 57 —
Elementary Schools N/A —
Middle Schools N/A —
High Schools 1 —
Student/Teacher Ratio 7.3:1 16:1
Bachelor's Degree or Higher 13.3% 35.4%
High School Diploma or Higher 90.1% 91.1%

Weather & Climate

Drake sees average highs of 17.2°F in January and 80.9°F in July, with 18.1 inches of annual precipitation and 41.0 inches of snow per year.

MetricDrake, ND
Average High — January17.2°F
Average High — July80.9°F
Annual Precipitation18.1"
Annual Snowfall41.0"

Demographics

MetricDrake, NDNational Avg
Population297—
Median Age40.938.9
Unemployment Rate15.6%3.7%
Avg Commute Time13.4 min26 min
White (non-Hispanic)99.3%59.3%
Black or African American0.7%13.6%
Hispanic or Latino0.0%18.9%
Asian0.0%6.3%
Under 1825.3%22.2%
65 and over21.2%16.8%

Nearby Cities

ZIP Codes in Drake

Drake, ND is covered by 1 ZIP code:

Drake vs Other Cities

Frequently Asked Questions

Drake's cost of living index is 86, where 100 is the national average. That makes Drake roughly 14% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $67,600 and median rent is $708/month.
Drake's violent crime rate is 156.7 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 626.6 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Drake are operated by DRAKE 57. The district has several elementary, several middle, and 1 high schools. The student-to-teacher ratio is 7.3:1. 13.3% of adults 25+ hold a bachelor's degree or higher.
Drake, ND has a population of 297, a median household income of $43,750, and an unemployment rate of 15.6%. It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Drake averages 17.2°F in January and 80.9°F in July. Annual rainfall is 18.1 inches with about 41.0 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Drake, ND is covered by 1 ZIP code: 58736.
The population of Drake, North Dakota is 297 with a median age of 40.9. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Drake: cost of living index 86 (100 = US average), median home $67,600, median household income $43,750, crime index 37 (100 = US average, lower is safer), schools rated B. Whether these are benefits or drawbacks depends on where you're coming from — compare Drake side by side with your current city to see the trade-offs.