Minot, North Dakota 

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Economy in Minot, North Dakota

Minot has an unemployment rate of 2.8%. The US average is 3.9%.

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
  2.1%3.7%
  -3.4%1.6%
  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: 5.2%)
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    Reviews for Minot    7 Reviews
    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

    Start Your Review of Minot


    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

    Good place to live - 4/10/2015
    Please don't listen to the negative reviews for Minot. I've been a resident here for 10 years now, and have lived in the state since 1996. Growing up in Bottineau, ND,... Read More


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    COMPARE COST OF LIVING
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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.Minot,North Dakota Map
    ZIP CODES IN MINOT, NORTH DAKOTA
    58701 58703 58707 58702

    NEW LISTINGS IN MINOT
    $159,900
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    $459,900
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