North Dakota Economic Overview

Key economic indicators for North Dakota (ND). Population: 779,094.

Unemployment Rate

2.1%

Below national avg (~4.2%)

Median Annual Wage

$52,000

Source: Census ACS / BLS

Wage Growth (YoY)

+2.8%

Year-over-year change

Population

0.8M

Source: 2020 Census

About the North Dakota Economy

North Dakota has an unemployment rate of 2.1%, which is below the national average. The median annual wage is $52,000, with wages growing at 2.8% year-over-year. With a population of 779,094, North Dakota is the a smaller state economy in the U.S.