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nd.gov - The Official Portal for North Dakota State Government North Dakota: Legendary. Follow the trail of legends
�North Dakota Department of Commerce
�1600 E. Century Ave. Suite 2
�Bismarck, ND 58503
�701-328-5300
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Quick Facts

North Dakota Quick Facts PDF




Population�

North Dakota�-�642,200
(2000 census)


MSAs:
Fargo-Moorhead�174,367

Grand Forks-East Grand Forks�97,478

Bismarck-Mandan�94,719


Employment Profile (2004 Annual Avg.)

Manufacturing�24,550

Information�7,650

Professional�&�24,050
Business Services�

Financial Activities�18,600

Utilities��3,350

Mining�& Natural Resources�3,550

Construction�17,150

Wholesale Trade�18,250


Retail Trade�41,250

Transportation�&��9,750
Warehousing�


Educational Services�3,400


Health Care�&�45,150
Social Assistance


Leisure and Hospitality�30,750


Other Services�15,100

Public Services�74,550

Total Nonfarm Employment�337,150

Property Tax Exemptions

Up to 5-year property tax exemption

Additional 5 years available for agricultural processors or a project located in property leased from a governmental entity

May negotiate a fixed or graduated rate over 20 years in lieu of property taxes

No personal property, which includes equipment inventory, materials in process, and accounts receivable
Corporate Tax Exemptions

Five-year corporate income tax

Wage & Salary and Research credits available
Sales Tax Exemptions

Sales and use tax exemptions on manufacturing equipment, water, electricity, interstate communications, and computer and telecommunications equipment for technology-based businesses


Financial Incentives

North Dakota Development Fund - gap financing loan and equity program

PACE program - interest buy down program at Bank of North Dakota

Match Program - some of the lowest interest rates in the nation for "A" rated companies
Job Training Programs

One-stop job training assistance - both state and federal programs available for businesses

Workforce 2000 - state-funded program for training new technologies and processes

North Dakota New Jobs Training Program - "no cost"�program utilizing employee withholding tax
Workers Compensation

Lowest workers compensation premium rates in the nation



Transportation

Two major Interstates: I-94 East/West, I-29 North/South

Two Canada-Mexico Trade Corridors

Fourth largest port of entry for Canadian goods by truck and rail

24-hour ports of entry along the North Dakota-Canadian Border

Extensive Cargo Rail by Burlington Northern Santa Fe and Canadian Pacific
�BNSF - main line route including Seattle to Chicago
�CP - main line route including Vancouver to Chicago

Four International airports (Bismarck, Fargo, Grand Forks and Minot)

���Four additional commercial airports (Devils Lake, Dickinson, Jamestown and Williston


Voice/Data

Two OC-48 Sonet Rings provide strong redundancy

Extensive fiber Optic network - ISDN, ATM, xDSL, T1 T3, frame relay, SONET, satellite,
cable and wireless service












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