Larimore is a city in North Dakota, United States. It is a part of the Grand Forks, ND-MN Metropolitan Statistical Area. The population of the city is approximately 1,260 people. In 2010, the city was the fifth largest city in the state. Its name derives from its location near the river. Larimore is about three miles south of U.S. Route 2 and North Dakota Highway 18.
While Larimore City has a relatively stable residential base, it has faced some major challenges. The 1980s were tough on local businesses, as downturns in the farming industry forced store closures in Larimore and Grand Forks. Since then, the downtown Larimore business district has bottomed out. Several abandoned buildings have been remodeled for other purposes and others have been torn down. Still, some deteriorating buildings remain in downtown Larimore.
In 2019, Larimore's population was 1,381 - a decline from the previous year. In terms of median household income, Larimore is much higher than the state average of $25,000. In addition, the city's poverty rate is also lower than its neighboring cities, Fertile and Minto. The median gross rent in Larimore is $530 a month. There are many different ways to gauge the poverty rate in a city, but the most useful way to understand its level is to look at its median household income.
The median household income in Larimore, North Dakota is $57,381 per person. This represents a slight upward trend in the city's gender pay gap. Almost half of households in Larimore, ND own their homes. However, about 27 percent rent their homes. Renters in Larimore City pay on average $507 a month - $256 lower than the state's average for rent.