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 |
12,123 |
| 2. Trinity Health |
2,850 |
| 3. Minot Public Schools |
1,047 |
| 4. Minot State University |
561 |
| 5. City of Minot |
437 |
| 6. Hess |
380 |
| 7. Delta Vacations |
367 |
| 8. Kalix (MVAW) |
279 |
| 9. Ward County |
267 |
| 10. BNSF Railway |
230 |