HomeNorth DakotaCass CountyHorace
Horace, North Dakota: commercial real estate data.
Horace is a Census city of 4,588 people across 12.69 square miles of land, in Cass County. Median household income is $138,578, 94.4 percent of occupied homes are owned, and the SBA record carries 12 7(a) approvals to borrowers here worth $3.2 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Horace
What Horace is
- Census place typecity
- Land area12.69 sq mi
- Water area0 sq mi
- Population per square mile of land362
- County holding the largest share of its areaCass County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Horace
How many people live in Horace
- Population4,588
- Median age33.9
- Population under 181,555
- Share under 1833.9 percent
- Population 65 and over294 plus or minus 76
- Share 65 and over6.4 percent plus or minus 1.7
- Households1,650
- Family households1,275
- Share of households that are families77.3 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Horace
Income and work in Horace
- Median household income$138,578
- Per capita income$68,553
- Civilian labor force2,580
- Employed2,569
- Unemployed11 plus or minus 18
- Unemployment rate0.4 percent plus or minus 0.7
- Adults 25 and over2,894
- Adults 25 and over with a high school diploma or higher96.6 percent
- Adults 25 and over with a bachelor degree or higher45.0 percent
- Adults 25 and over with a graduate degree11.9 percent plus or minus 3.4
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Horace
Housing in Horace
- Housing units1,711
- Occupied units1,650
- Vacant units61 plus or minus 61
- Vacancy rate3.6 percent plus or minus 3.6
- Owner occupied1,558
- Renter occupied92 plus or minus 56
- Ownership rate94.4 percent
- Median owner-occupied home value$414,500
- Median gross rent, monthly$2,146
- Annual rent as a share of median income18.6 percent
- Single family units1,582
- Share single family92.5 percent
- Units in buildings of two or more8 plus or minus 13
- Share in buildings of two or more0.5 percent plus or minus 0.8
- Mobile homes121 plus or minus 85
- Median year structure built2006
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Horace
How Horace gets to work
- Workers 16 and over who commute2,302
- Commuting under 15 minutes269 plus or minus 95
- Share commuting under 15 minutes11.7 percent plus or minus 4.0
- Commuting 30 minutes or more635 plus or minus 183
- Share commuting 30 minutes or more27.6 percent plus or minus 7.5
- Drove alone83.8 percent
- Carpooled5.7 percent plus or minus 3.8
- Public transport0.0 percent
- Walked0.0 percent
- Worked from home10.3 percent plus or minus 2.9
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Horace
SBA loans in Horace (7(a))
- Approvals12
- Gross approval$3,230,200
- Average approval$269,183
- Median approval$237,550
- Largest approval$516,000
- Jobs supported220
- Jobs per approval18.3
- Loans with a final outcome5
- Paid in full5
- Charged off0
- Median term66 months
- Share on real estate terms of 20 years or more8.3 percent
- Share to franchises0.0 percent
- Distinct lenders7
- Distinct industries by NAICS11
Counted by borrower city: approvals to borrowers whose address is in Horace, in any county, FY2020 to FY2026. Only 5 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Horace
SBA loans in Horace (504)
- Approvals12
- Gross approval$14,539,000
- Average approval$1,211,583
- Median approval$739,000
- Largest approval$2,975,000
- Jobs supported107
- Loans with a final outcome5
- Charged off0
- Median term300 months
- Distinct CDCs2
Counted by borrower city: approvals to borrowers whose address is in Horace, in any county, FY2010 to FY2026. Only 5 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Horace
Flood risk in Horace
- NFIP communityCity of Horace
- NFIP community number380022
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date09/05/25
The City of Horace participates in the National Flood Insurance Program as community 380022 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Cass County, not Horace
Cass County context, not Horace figures
- Establishments in Cass County5,988
- Covered employment, Cass County128,033
- Average annual pay, Cass County$66,805
- Housing units permitted, Cass County1,223
Every figure in this section is published for Cass County as a whole and is not a measurement of Horace.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Horace questions, answered from the record.
How many people live in Horace, North Dakota?
4,588, in 1,650 households. Horace city covers 12.69 square miles of land, which is 362 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Horace in?
Cass County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Horace?
$138,578. The median owner-occupied home is valued at $414,500. Median gross rent is $2,146 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Horace businesses?
12 7(a) approvals totaling $3.2 m since FY2020, across 7 lenders, median approval $237,550, plus 12 504 approvals worth $14.5 m since FY2010. These count approvals to borrowers whose address is in Horace, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Horace borrowers get paid back?
No rate is published for Horace. Only 5 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Horace in the National Flood Insurance Program?
Yes. Horace appears in the FEMA Community Status Book as Horace, city of, community 380022, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Horace figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Cass County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Horace.
Is zoning published for Horace?
No. Nothing on this page presents parcel level zoning.