Economy in Minot, North Dakota
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| Unemployment Rate | 2.60% | 8.60% |
| Recent Job Growth | 0.04% | 0.35% |
| Future Job Growth | 37.48% | 32.10% |
| Sales Taxes | 7.00% | 5.00% |
| Income Taxes | 1.84% | 4.70% |
| Income per Cap. | $26,279 | $26,154 |
| Household Income | $46,302 | $50,935 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 12.13% | 12.37% |
| Income between 15K and 25K | 12.33% | 10.53% |
| Income between 25K and 35K | 12.88% | 10.88% |
| Income between 35K and 50K | 16.55% | 15.37% |
| Income between 50K and 75K | 20.23% | 20.14% |
| Income between 75K and 100K | 12.43% | 12.41% |
| Income between 100K and 150K | 9.32% | 11.27% |
| Income between 150K and 250K | 3.02% | 5.01% |
| Income between 250K and 500K | 1.01% | 1.86% |
| Income greater than 500K | 0.10% | 0.16% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 11.67% | 14.04% |
| Professional and Related Occupations | 21.16% | 20.61% |
| Service | 17.68% | 14.45% |
| Sales and Office | 31.20% | 26.75% |
| Farming, Fishing, and Forestry | 0.35% | 0.70% |
| Construction, Extraction, and Maintenance | 8.06% | 9.42% |
| Production, Transportation, and Material Moving | 9.87% | 14.05% |
The unemployment rate in Minot, ND, is 2.60%, with job growth of 0.04%. Future job growth over the next ten years is predicted to be 37.48%.
Minot, ND Taxes
Minot, ND,sales tax rate is 7.00%. Income tax is 1.84%.
Minot, ND Income and Salaries
The income per capita is $26,279, which includes all adults and children. The median household income is $46,302.
Minot Economy SperlingViews
Magic City: Very harsh winters but pleasant falls,springs and summers. A great place to raise a family of all races. Wonderful public school system and great college(Minot State... (read more)Cost of living: OIL BOOM. LOTS OF JOBS. APARTMENTS ARE RENTING FOR $1,000 A BEDROOM. GOOD SCHOOLS, BUT GETTING OVER CROWDED. ALL STREETS IN NEED OF REPAIR. LONG COLD WINTERS. ... (read more)Not Recommended : I been living here for the last few month, its a complete hell hole. cost of living is really high, for a two bed apartment is on the upper numbers of 1500 plus, and its... (read more)Have an opinion about Minot? Leave a commentTo See All SperlingViews for Minot Click Here
