- Shelter Corporation develops, owns, and manages multi-family housing nationwide that enhances quality of life and fosters strong communities. Founded by Lynn Carlson Schell in 1993, Shelter Corpo... View full company profile
As of 2008, the rental vacancy rate in Bismarck stood at 4%, relatively low compared to the rest of the country. There are about 44,762 housing units, averaging $134,900 in value, 29% of which are occupied by renters. The rent to price ratio in Bismarck is 0.4%, slightly lower than the North Dakota average. For 20% of Bismarck tenants, 30% or more of their income goes to paying rent.
Bismarck has a population of 103,076, comprised of 42,243 households, with on average 2 members per household. Out of approximately 60,306 people in the civilian workforce, 58,739 (97%) were employed in 2008. 90% of the population 25 and older has earned a high school diploma, with 29% holding a 4 year college degree.