Minot, North Dakota 

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Economy in Minot, North Dakota

Minot has an unemployment rate of 5.9%. The US average is 6.0%.

Minot has seen the job market decrease by -3.4% over the last year. Future job growth over the next ten years is predicted to be 11.5%, which is lower than the US average of 33.5%.

Tax Rates for Minot
- The Sales Tax Rate for Minot is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Minot is 2.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Minot
- The average income of a Minot resident is $29,957 a year. The US average is $28,555 a year.
- The Median household income of a Minot resident is $57,248 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

  ECONOMYMinot, North DakotaUnited States
  5.9%6.0%
  -3.9%-6.2%
  11.5%33.5%
  7.5%6.2%
  2.0%4.6%
  $34,184$31,177
  $63,133$57,652
  $84,690$70,850
  POPULATION BY OCCUPATION
  1.7%1.3%
  6.4%0.6%
  6.8%6.2%
  2.8%10.4%
  4.2%2.7%
  13.7%11.6%
  6.3%4.1%
  0.6%0.9%
  1.8%2.1%
  3.8%4.7%
  1.6%1.9%
  3.7%6.7%
  0.1%0.1%
  3.2%4.3%
  7.9%9.3%
  14.4%13.8%
  1.8%2.2%
  8.3%7.4%
  5.0%4.9%
  5.8%4.8%
ECONOMY MAP
  • Unemployment Rate (US Avg: 6%)
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    Reviews for Minot    8 Reviews
    Scary, Weird - 12/20/2019
    I moved here five years ago and within the first two weeks I had an 80 so'me year old lady give me the stink eye for holding door open for her and an 80 some year old... Read More

    Start Your Review of Minot


    Not for most - 8/9/2018
    Been living here for 20 + yrs... Pros - Safe, decent schools, commute, low unemployment & nice summers. Cons - Cost of living, taxes (highest in the state),... Read More

    Magic City - 1/9/2018
    An amazing place to raise children of all races, very safe and plenty to do. The only downside is the weather in the winter but I tell you the summers make up for... Read More


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    MAPS OF MINOT, NORTH DAKOTA
    Check out the latest Maps in a variety of categories including cost of living, population, and commute time. You can also use our New Interactive Map to explore places.Minot,North Dakota Map
    ZIP CODES IN MINOT, NORTH DAKOTA
    58701 58703 58707 58702


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