HomeNorth DakotaCass CountyHorace city
Horace city, North Dakota: commercial real estate data.
Horace city 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.
76 sourced place values · tier FULL · 8 sections
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 7(a) lending to Horace borrowers
- Approvals12
- Gross approval$3,230,200
- Average approval$269,183
- Median approval$275,000
- Ninetieth percentile approval$510,000
- Largest approval$516,000
- Jobs supported220
- Jobs per approval18.3
- Loans with a final outcome5
- Paid in full5
- Charged off0
- Median term72 months
- Share on real estate terms of 20 years or more8.3 percent
- Share to franchises0.0 percent
- Distinct lenders7
- Distinct industries by NAICS11
A charge-off rate is not published here. only 5 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Horace
SBA 504 lending to Horace borrowers
- Approvals12
- Gross approval$14,539,000
- Average approval$1,211,583
- Median approval$756,000
- Largest approval$2,975,000
- Jobs supported107
- Loans with a final outcome5
- Charged off0
- Median term300 months
- Distinct CDCs2
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Cass County, not Horace
Cass County context, not Horace figures
These are Cass County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Horace measurements.
- Establishments in Cass County5,988
- Employment at those establishments, Cass County113,306
- Covered employment, Cass County128,033
- Average annual pay, Cass County$66,805
- Average weekly wage, Cass County$1,285
- Housing units permitted, Cass County1,223
- Of those, single family, Cass County728
- County product, 2024, Cass County$19,104,920,000
- County product change over the prior year, Cass County5.4 percent
- Average income of an arriving household, Cass County$58,911
Every figure in this section is published for Cass County as a whole and is not a measurement of Horace. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
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. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
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 totalling $3.2 m, across 7 lenders, median approval $275,000, plus 12 504 approvals worth $14.5 m. 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 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Horace figures?
No, and they are labelled 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?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.