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Facts and Figures

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Facts and Figures

Trade Area

Minot is in the center of a trade area with a population of over half a million.  It includes parts of North Dakota, Minnesota, and the Canadian border provinces of Manitoba and Saskatchewan.

Average Mean Wage (2020)
North Dakota                              $52,450
United States                              $56,310



Assessed Value Residential Homes (2020)

$225,000
$275,000
$325,000



Taxation
State Sales Tax                  5%
City Sales Tax                    7.5%
Ward County Sales Tax       0.05%
Lodging Tax                       3%
State Income Tax               1.1% - 2.9%
There are five rates applied to the Federal Taxable Income.

Population

(Source: Job Service North Dakota, U.S. Census Bureau)
 
Location 2020 (CENS) 2012 2010
Minot 48,377 43,966 40,888
Ward County 69,919 65,534 62,675
North Dakota 779,094 702,265 674,591

 

Workforce

(Source: Job Service North Dakota)
 
  Aug-22 2021 Annual 2020 Annual 2019 Annual
Minot Labor Force 31,912 36,148 36,160 31,138
Minot Unemployment  2.3% 4.3% 5.9% 2.3%
U.S. Unemployment Sept-22: 3.5% 5.3% 8.1% 3.7%

 

City Sales Tax Collections

(Source: State Treasurer's Office)
 
  2022 YTD 2021 Annual 2020 Annual 2019 Annual
Minot $18,723,646.77 $23,143,940 $21,151,160 $21,687,096

 

Taxable Sales & Purchases

(Source: State Tax Commissioner's Office)
 
  2022 Q2 2021 Annual 2020 Annual 2019 Annual
Minot $308,802,028 $1,104,570,953 $1,012,096,573 $1,097,120,821
Ward County $321,665,343 $1,195,270,735 $1,055,967,944 $1,154,702,233

 

Building Permits & Valuation (Year to Date)

(Source: City of Minot)
 
  Sept-22 YTD 2021 Annual 2020 Annual 2019 Annual
Total Units 49 93 130 71
Single Family Homes 38 84 82 67
Multi-Family Units (Apts., etc.) 11 9 48 4
Residential Valuation $18,218,200 $30,644,201 $26,058,296 $12,468,700
Commercial Valuation $112,951,943 $216,226,638 $22,371,150 $22,884,900
Total Valuation $131,170,143 $246,870,839 $48,429,446 $35,353,600

 

Top Employers

(Source: MACEDC & the City of Minot - updated Annually in March)
 
  Number of Full Time Employees
1. Minot Air Force Base 6,623
2. Trinity Health 2,801
3. Minot Public Schools 1,059
4. City of Minot 408
5. Minot State University 407
6. BNSF Railway 360
7. Delta Vacations 335
8. Ward County 284
9. Kalix (MVAW) 277
10. Marketplace Foods 238

 
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