Minot, ND · standard
ZIP Code 58703
Ward County, North Dakota - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 19,396
- 47/sq mi
- $82,728
- Median income
- $263,200
- Median home value
- 33.3%
- Bachelor's or higher
National ZIP placement
Minot pairs an above-median household income with above-median home values, in a rural, homeowner-dominated area.
- Top 35%
- household income, US ZIPs
- Top 40%
- home value, US ZIPs
- 47
- people per sq mi
- 61%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 58703 against every reporting US ZIP.
FHFA HPI release change
What changed in the latest House Price Index year
- FHFA House Price Index values in ZIP 58703 (Minot, ND) rose +9.2% from 2023 to 2024. The all-transactions index moved from 262.3 in 2023 to 286.4 in 2024 (2000 = 100).
ZIP code 58703 is a mid-sized community (a standard USPS delivery area) in Minot, Ward County, North Dakota, home to 19,396 residents across 416.2 square miles, a density of 47 people per square mile, in the Chicago time zone.
ZIP 58703 lands in the middle-income range, with a median household income of $82,728 (0% above the average North Dakota ZIP), while per-capita income is $46,767. Both reported hardship measures are comparatively low in absolute terms: poverty is 6.4% and unemployment is 3.6%. Housing is both higher-cost and owner-heavy: median home value is $263,200 (46% above the average North Dakota ZIP), while 61.0% of occupied homes are owner-occupied and median rent is $1,080.
A solid share of residents have a four-year degree: 33.3% of adults hold a bachelor's degree or higher, the median age is 33.3, and the average commute is 19 minutes. The page also surfaces 5 ZIP codes within roughly 10 miles and 6 more in Ward County, so 58703 can be compared with both its immediate and county-level context.
Every figure on this page is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates (including median rent) and the FHFA House Price Index, no estimates, no proprietary scoring. Verify with Census →
Top industries in ZIP 58703
Top 5 sectors by establishment count in Minot, ND
Which industries have the most business establishments in ZIP 58703.
- Construction
Construction
71 establishments
- Other services (except public administration)
Other services (except public administration)
50 establishments
- Health care and social assistance
Health care and social assistance
42 establishments
- Retail trade
Retail trade
37 establishments
- Professional, scientific, and technical services
Professional, scientific, and technical services
34 establishments
What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.
Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + FHFA HPI ACS demographics and median rent, ZBP business establishments, FHFA HPI for ZIP 58703, Minot, ND · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; FHFA HPI updated quarterly/annually.
Quick Facts
19,396
Population
416.2
Area (sq mi)
47
People / sq mi
Chicago
Time Zone
standard
ZIP Type
Who lives in ZIP 58703?
33.3
Median Age
54.2%
Male
45.8%
Female
3.4%
Foreign-Born
Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How much do residents earn?
$82,728
Median Household Income
+0% vs state ZIP avg
$46,767
Per Capita Income
6.4%
Poverty Rate
3.6%
Unemployment Rate
19.3 min
Mean Commute Time
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What is the education profile here?
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What does housing look like?
Housing stock: occupied vs vacant
10,877housing units
10,877
Total Housing Units
9,575
Occupied Units
1,302
Vacant Units
2.28
Avg Household Size
Occupancy Type
$263,200
Median Home Value
+46% vs state ZIP avg
$1,080
Median Rent
1980
Median Year Built
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How have home values changed over time?
FHFA House Price Index, annual appreciation data based on repeat sales and appraisals
+9.2%
YoY Change (2024)
286
HPI Index (2000 = 100)
+186%
Total Change Since 2000
Home values in ZIP 58703 have increased 9.2% over the past year (2024). Since 2000, this ZIP has seen +186% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +4.1% | 231 |
| 2021 | +4.7% | 242 |
| 2022 | +7.7% | 260 |
| 2023 | +0.7% | 262 |
| 2024 | +9.2% | 286 |
Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2024. ZIP codes with few transactions may show missing values.
What businesses operate in this ZIP?
Census Bureau data shows 442 business establishments in ZIP 58703, employing approximately 4,553 people with a combined annual payroll of $280,130,000.
442
Businesses
4,553
Employees
$280.1M
Annual Payroll
16
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Construction | 71 | 16.1% |
| Other services (except public administration) | 50 | 11.3% |
| Health care and social assistance | 42 | 9.5% |
| Retail trade | 37 | 8.4% |
| Professional, scientific, and technical services | 34 | 7.7% |
| Accommodation and food services | 34 | 7.7% |
| Transportation and warehousing | 29 | 6.6% |
| Administrative and support and waste management and remediation services | 27 | 6.1% |
| Mining, quarrying, and oil and gas extraction | 25 | 5.7% |
| Finance and insurance | 19 | 4.3% |
| Real estate and rental and leasing | 19 | 4.3% |
| Arts, entertainment, and recreation | 16 | 3.6% |
| Wholesale trade | 15 | 3.4% |
| Manufacturing | 12 | 2.7% |
| Educational services | 5 | 1.1% |
| Information | 4 | 0.9% |
Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.
Nearby ZIP Codes
Want a side-by-side? Compare 58703 vs 58707 →
ZIP 58703 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 58703
Minot (58703)
19,396 residents
- 58704 4,770
Minot Afb (58704)
4,770 residents
- 58740 755
Glenburn (58740)
755 residents
- 58705 751
Minot Afb (58705)
751 residents
- 58707 509
Minot (58707)
509 residents
What this shows Among its immediate neighbors, ZIP 58703 ranks the most populous - useful context the national average alone can't give.
ZIP 58703 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 58740
Glenburn (58740)
$87,321 median income
- 58703
Minot (58703)
$82,728 median income
- 58704
Minot Afb (58704)
$62,500 median income
What this shows By household income, ZIP 58703 ranks #2 of 3 neighboring ZIPs, local affluence varies block to block, not just metro to metro.
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 58703, both outside ND so the neighborhoods are not geographic containment (Nearby and same-county blocks stay local).
Similar population
Nearest cross-state ZIPs by resident population (19,396 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.