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Economy in Minot, North Dakota

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyMinot, NDUnited States
Unemployment Rate4.00%9.10%
Recent Job Growth-2.25%-0.12%
Future Job Growth31.50%31.25%
Sales Taxes7.00%6.80%
Income Taxes5.54%6.25%
Income per Cap.$25,709$27,067
Household Income$45,241$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K13.16%12.10%
Income between 15K and 25K12.89%10.18%
Income between 25K and 35K12.62%10.56%
Income between 35K and 50K16.90%14.98%
Income between 50K and 75K19.37%19.53%
Income between 75K and 100K11.90%12.52%
Income between 100K and 150K8.81%12.14%
Income between 150K and 250K2.48%3.91%
Income between 250K and 500K1.58%3.34%
Income greater than 500K0.29%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations10.96%13.81%
Professional and Related Occupations22.38%22.68%
Service14.52%14.51%
Sales and Office28.66%25.22%
Farming, Fishing, and Forestry0.31%0.68%
Construction, Extraction, and Maintenance9.34%9.37%
Production, Transportation, and Material Moving12.46%15.86%
Median Household Income

The unemployment rate in Minot, ND, is 4.00%, with job growth of -2.25%. Future job growth over the next ten years is predicted to be 31.50%.

Minot, ND Taxes

Minot, ND,sales tax rate is 7.00%. Income tax is 5.54%.

Minot, ND Income and Salaries

The income per capita is $25,709, which includes all adults and children. The median household income is $45,241.


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)Have an opinion about Minot? Leave a commentTo See All SperlingViews for Minot Click Here