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Economy in Grand Forks, North Dakota

Overview, People, Health, Economy, Housing, Rankings, Crime
Climate, Education, Transportation, Cost of Living, Religion, Voting

Economy
EconomyGrand Forks, NDUnited States
Unemployment Rate4.20%9.10%
Recent Job Growth-2.05%-0.12%
Future Job Growth31.70%31.25%
Sales Taxes7.00%6.80%
Income Taxes5.54%6.25%
Income per Cap.$22,886$27,067
Household Income$43,158$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K15.04%12.10%
Income between 15K and 25K11.58%10.18%
Income between 25K and 35K13.74%10.56%
Income between 35K and 50K17.52%14.98%
Income between 50K and 75K19.77%19.53%
Income between 75K and 100K10.26%12.52%
Income between 100K and 150K8.27%12.14%
Income between 150K and 250K1.77%3.91%
Income between 250K and 500K1.68%3.34%
Income greater than 500K0.37%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations9.98%13.81%
Professional and Related Occupations22.31%22.68%
Service17.36%14.51%
Sales and Office26.38%25.22%
Farming, Fishing, and Forestry0.68%0.68%
Construction, Extraction, and Maintenance8.27%9.37%
Production, Transportation, and Material Moving13.22%15.86%
Median Household Income

The unemployment rate in Grand Forks, ND, is 4.20%, with job growth of -2.05%. Future job growth over the next ten years is predicted to be 31.70%.

Grand Forks, ND Taxes

Grand Forks, ND,sales tax rate is 7.00%. Income tax is 5.54%.

Grand Forks, ND Income and Salaries

The income per capita is $22,886, which includes all adults and children. The median household income is $43,158.


Grand Forks Economy SperlingViews

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