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 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 (2005 Annual Average rounded to nearest 50)

Manufacturing 25,850

Information 7,700

Professional & 26,400
Business Services 

Financial Activities 18,850

Utilities  3,350

Mining & Natural Resources 4,100

Construction 17,350

Wholesale Trade 18,850


Retail Trade 42,150

Transportation &  10,100
Warehousing 


Educational Services 2,900


Health Care & 45,900
Social Assistance


Leisure and Hospitality 31,250


Other Services 15,100

Public Services 75,100

Total Nonfarm Employment 344,950

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 20/20 - 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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