Income & Economy in Forman, ND

Household income, poverty rates, employment, and economic data — 2023 ACS Data

Income Overview

Source: U.S. Census Bureau ACS (2023)

Median Household Income

$71,607

-2% vs national

Per Capita Income

$53,510

+44% vs national

Poverty Rate

5.0%

-63% vs national

Gini Index

0.5126

0 = perfect equality

Unemployment

0.0%

-100% vs national

SNAP Recipients

3.5%

of households

How Forman Compares

Source: Census ACS (2023)

Forman vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. Forman is highlighted.

Median Household Income

Per Capita Income

Poverty Rate

Unemployment Rate

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Where Do You Stack Up?

Enter your household income to see how you compare to other households in Forman. The median household income here is $71,607.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
9.2%
$25-50K
16.9%
$50-75K
25.7%
$75-100K
9.2%
$100-150K
20.7%
$150-200K
9.6%
$200K+
8.8%

Employment Snapshot

Source: U.S. Census Bureau ACS (2023)

Unemployment Rate

0.0%

-100% vs ND avg

Labor Force

322

Employed

322

Mean Commute

22 min

How People Get to Work

Source: Census ACS (2023)

Employment by Sector

Source: Census ACS (2023)

Education & Workforce

Source: U.S. Census Bureau ACS (2023)

Bachelor's Degree+

16.7%

of adults 25+

High School Diploma+

40.7%

of adults 25+

Median Age

48.8

Work from Home

2.2%

of workers

The median household income in Forman, ND is $71,607, which is 2.2% below the national average of $73,224. Per capita income is $53,510. The poverty rate of 5.0% is lower than the ND state average of 11.3%. The Gini index of income inequality is 0.5126, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 0.0%, compared to the state average of 3.6%. 16.7% of adults hold a bachelor's degree or higher. The average commute time is 22 minutes, with 2.2% working from home.