Financial Literacy in Coleharbor, ND
About 62 people live in Coleharbor, North Dakota. The population has grown 8.8% since 2020, a pace fast enough to reshape who lives there, from 57 to 62. The median age is 58.3, skewing older, where the pressing questions shift toward retirement income, medical costs and passing things on.
1.6% of Coleharbor residents 25 and older have completed a bachelor's degree or more. That sits 19.2 points below the North Dakota average of 20.8%. Put the other way round: of the 63 adults 25 and over counted in the 2019–2023 ACS, roughly 62 — 98.4% — are building their financial lives without a four-year degree behind them.
The typical household here earns $81,250 a year. That is $11,841 above the North Dakota median. About 17.1% of residents live below the poverty line.
Coleharbor by the numbers
| Measure | Value |
|---|---|
| Population (2024) | 62 |
| Change since 2020 | +8.8% |
| Median household income | $81,250 |
| Adults 25+ with a bachelor’s degree | 1.6% |
| Adults 25+ with a high school diploma | 95.2% |
| Median age | 58.3 |
| Poverty rate | 17.1% |
| Unemployment rate | 0% |
| Land area | 0.182 sq mi |
| Population density | 341 / sq mi |
What North Dakota teaches — and to whom
North Dakota requires personal finance instruction, but folds it into another course rather than a class of its own — so how much a student actually gets depends heavily on the district and the teacher. Coverage like that varies enormously between districts, and it reaches no one who has already graduated.
LearnLife organises this the way the decisions actually arrive: Legal literacy — leases, contracts, employment rights and what a signature actually commits you to; Money — budgeting, credit, debt and taxes — the mechanics nobody is formally taught; Emotional regulation — the self-management that decides whether the other skills ever get used.
Where to start in Coleharbor
Shift from accumulating to drawing down
With a median age of 58.3, a large share of Coleharbor is closer to drawing on savings than building them. The skills that matter shift accordingly: sequencing withdrawals, understanding Medicare's enrolment windows, and getting beneficiary designations and a will actually filled in.
Know the newcomer paperwork
Coleharbor has grown 8.8% since 2020. Fast in-migration means a lot of residents are navigating a new state's rules at once — registration and licensing deadlines, residency for tax purposes, and lease terms that differ from wherever they moved from.
Questions people ask about Coleharbor
Do high school students in Coleharbor, North Dakota have to take a personal finance class?
North Dakota requires personal finance content, but delivers it inside another course rather than a dedicated class, so the depth varies by district and teacher.
How many adults in Coleharbor, North Dakota have a college degree?
1.6% of adults 25 and older hold a bachelor's degree or higher, based on the Census Bureau's 2019–2023 American Community Survey. The remaining 98.4% are managing their finances without one.
What is the median household income in Coleharbor, North Dakota?
$81,250, per the Census Bureau's 2019–2023 American Community Survey.
Where can adults in Coleharbor, North Dakota learn personal finance?
Graduation requirements only ever reach people still in school. For adults, LearnLife covers the same ground on demand — money, legal literacy and the self-management that decides whether either gets used.
Start with whichever one is costing you money right now.
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