Grand Forks County, ND Economy


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United States / North Dakota / / Grand Forks County / Cities / Zip Codes
Grand Forks, ND County is a great place to live! It is a vibrant community with a cost of living that is lower than the national average. The two bedroom rental rate in Grand Forks County is only $890 compared to the national average of $1,430. Additionally, the grocery cost index in Grand Forks County is 97 compared to 100 nationally. There are many local businesses and tourist attractions that make Grand Forks an exciting place to be. Popular local companies include Alerus Financial, Upbeaton Technologies, and University of North Dakota. Tourist attractions such as the Ralph Engelstad Arena, Grand Cities Mall and Red River Zoo provide plenty of activities for visitors and locals alike.

Grand Forks County has an unemployment rate of 4.0%. The US average is 6.0%.

Grand Forks County has seen the job market decrease by -1.4% over the last year. Future job growth over the next ten years is predicted to be 33.1%, which is lower than the US average of 33.5%.

Tax Rates for Grand Forks County
- The Sales Tax Rate for Grand Forks County is 6.4%. The US average is 7.3%.
- The Income Tax Rate for Grand Forks County 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 Grand Forks County
- The average income of a Grand Forks County resident is $27,772 a year. The US average is $28,555 a year.
- The Median household income of a Grand Forks County resident is $57,213 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGrand Forks, North DakotaUnited States
  46
  -4.7%-6.2%
  33.1%33.5%
  5.0%6.2%
  2.0%4.6%
  $34,045$37,638
  $57,213$69,021
  $86,499$85,028
  Population by Occupation
  3.1%1.2%
  0.4%0.5%
  6.1%6.8%
  6.7%10.0%
  1.9%2.5%
  13.8%11.0%
  3.7%4.8%
  0.8%0.8%
  1.0%1.9%
  3.2%4.7%
  1.2%1.9%
  3.2%7.6%
  0.0%0.1%
  2.1%4.2%
  15.9%9.3%
  17.9%14.0%
  2.1%2.1%
  7.7%7.0%
  5.0%4.8%
  4.1%4.7%
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