The State of North Dakota Income Charts

This section shows the North Dakota economy using the most recent economic analysis from the 2022 Census Bureau. Starting with Figure 1 which shows the median earnings per worker, North Dakota shows it has a Median earnings of $52,785 which is the second most median earnings of all the states in the greater North Dakota region. The state with the highest median earnings per worker in the group is Minnesota which shows a median earnings of $57,586 (9.1% larger).

In Figure 2 a more complete view of income is shown which aggregates income from all members in the household and it has a Median household income of $68,131 which is the second most median income of all the states in the greater North Dakota region. The state with the highest median household income in the group is Minnesota which depicts a median income of $77,706 (14.1% larger).

The next section examines a variety of different income statistics for the North Dakota metropolitan area. In Figure 3 we see that it it has the largest proportion of earnings between $20,000 and $49,999 at 24.3% of the total and is ranked #1.

Figure 5 has the Average number of hours worked in a typical work week during the year, it has a Avg Hours Worked of 39.9 which is the largest of all states in the greater region. Dividing median annual worker earnings by the average number of hours worked in a year in Figure 6 shows that it has a Avg Hrly Earnings of $25.44 which is the second most average hourly earnings of all the states in the greater North Dakota region. The state with the highest average hourly earnings in the group is Minnesota which shows an average hourly earnings of $28.99 (14.0% larger).

Figure 7 examines the number of self employed people in the North Dakota metro area based on the number of people who reported any self employment income. North Dakota depicts it has a Self Employed of 14.8% which is the second most people self employed of all the states in the greater North Dakota region. The state with the highest percentage of people self employed in the group is South Dakota which shows a percentage self employed of 15.5% (only about 5.4% larger).

Turning our attention to Figure 8, the median household income by age group, it has one of the largest proportions of median income-under 25 years at $77,355 of the total and is ranked #2. The only larger state being Minnesota with $88,800. Second, it has one of the largest proportions of median income-25 to 44 years at $85,510 of the total and is ranked #2. The only larger state being Minnesota with $94,880. Third, it has in the middle range of other states in the local area when sorted by median income-45 to 64 years at $48,103 of the total.

Figure 9 breaks down the source of income and North Dakota has the largest proportion of income from wages at 8.1% of the total and is ranked #1. Second, it has the smallest proportion of investment and retirement income at 6.2% of the total. Third, it has the smallest proportion of social security at 0.4% of the total.

The next chart (Figure 11) shows the percentage of households that had retirement income over the last 12 months and it has a With Retirement Income of 16.8% which is the smallest in terms of households with retirement income of all the other states in the metropolitan area. The state with the highest households with retirement income in the group is Missouri which shows a households with retirement income of 23.3% (38.6% larger).

In the next chart, Figure 12, the median family income is shown for families broken down by racial group and it has one of the largest proportions of overall family income at $96,602 of the total and is ranked #2. The only larger state being Minnesota with $103,043. Second, it has one of the largest proportions of white family income at $53,538 of the total and is ranked #2. The only larger state being Kansas with $56,488. Third, it has less than most other states in the greater region in order of black family income at $46,383 of the total. Also, it has the smallest proportion of american indian family income at $74,589 of the total. In addition, it has the smallest proportion of hawaiian family income at $55,328 of the total.

Figure 13 shows the cost of living and other consumer spending categories for a variety of cost components from the Bureau of Labor Statistics. North Dakota depicts it has the hightest cost of 105.9 for the cost of grocery items classification.

The State of North Dakota Labor Force Charts

The next two charts look at very recent, monthly trended employment related performance using data estimated by economists at the Bureau of Labor Statistics (BLS). The BLS tracks unemployment statistics for a large number of areas throughout the country on a month to month basis. However, not every location in the U.S. is tracked by the BLS so the chart will only show the closest location available (which may be the same location.) Figure 14 shows the monthly unemployment rate for the area as well as a comparison to the overall national economy measure for the United States. Note that in March to April 2020, the Covid 19 recession or great recession occurred and affects this metric. . It shows that from January 2010 to before the disasterous COVID-19 Pandemic the monthly unemployment rate went from 4.8% to 3.1% in March 2020. This represents a decrease in the monthly unemployment rate of 35.4%. Since that time, the monthly unemployment rate has gone to 1.7% This represents a decrease in the monthly unemployment rate of 45.2%. In Figure 15 the monthly labor force participation which are people actively looking for work are also defined as unemployed but do not include people who have given up looking for work. . It depicts that from February 2010 to before the Wuhan virus Pandemic the monthly labor force participation went from 369,203 to 409,174 in January 2020. This represents an increase in the monthly labor force participation of 10.8%. Since that time, the monthly labor force participation has gone to 408,648 This represents a decrease in the monthly labor force participation of very little.

The next two charts look at the annual unemployment rate/eligible for unemployment benefits and is based on the American Community survey. Figure 16 shows North Dakota shows it has a Unemployment Rate of 2.2% which is the second smallest in terms of unemployment rate of all the other states in the local area. The state with the highest unemployment rate in the group is Missouri which depicts a rate of 2.8% (30.7% larger). Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. the state of shows it has a Labor Force Participation of 69.8% which is the highest of all states in the local area.

The Components of Employment Status graph in Figure 18 shows the composition of the labor force broken down by employed, unemployed, and not in the labor force (but 16 years of age or older). North Dakota has the smallest proportion of unemployed at 30.2% of the total.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. North Dakota depicts full time employees approximately 3.6 times bigger as the part time employees.

The next employment related data item is shown in Figure 21 which is the percentage of families with only a single earner in the greater North Dakota area. North Dakota depicts it has a Single Earner Families of 21.3% which is less than most other states in the local area. The state with the highest families with a single earner in the group is Kansas which depicts a single earners rate of 25.8% (21.0% larger). The percentage of families with no one working is depicted in Figure 22. North Dakota depicts it has a Families with No One Working of 13.7% which is the second smallest as measured by families with no one working of all the other states in the local area. The state with the highest families with no one working in the group is Missouri which shows a families with no worker of 17.9% (31.2% larger).

The State of North Dakota Poverty Charts

The next section details economy analysis about poverty for residents of the North Dakota community. This performance can be enhanced by government programs such as economic opportunity zone to influence manufacturing, job growth, economic opportunity an hopefully lead to economic recovery after the recent Covid 19 recession. In Figure 23 the total number of people earning less than the poverty level are shown. North Dakota depicts it has a Total In Poverty of 80,390 which is the smallest when sorted by total people earning less than the poverty level of all the other states in the metro area. The state with the highest total people earning less than the poverty level in the group is Missouri which depicts a total people earning less than the poverty level of 762,023 ( considerably bigger).

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. North Dakota shows it has a Percent of Population In Poverty of 10.7% which is less than most other states in the local area. The state with the highest percent of people earning less than the poverty level in the group is Missouri which depicts a percent of people in poverty of 12.8% (19.1% larger).

In Figure 25 people who are in poverty are broken out by age group. North Dakota has the smallest proportion of person in poverty under 12 years at 7% of the total. Second, it has the largest proportion of person in poverty 12 to 17 years at 37% of the total and is ranked #1. Third, it has the smallest proportion of person in poverty 18 to 34 years at 15% of the total. Also, it has the largest proportion of person in poverty 55 to 64 years at 13% of the total and is ranked #1.

The next chart, Figure 26, shows the percentage of people in poverty by racial group. North Dakota has the largest proportion of american indian poverty rate at 19% of the total and is ranked #1. Second, it has the largest proportion of asian poverty rate at 42% of the total and is ranked #1.

The next chart looks at the percentage of people in poverty based on their education level in Figure 28 marriage status. North Dakota has the largest proportion of has some college and in poverty at 4% of the total and is ranked #1. Additionally, Figure 30 looks at the percentage of people who receive some form of public assistance including general assistance, temporary assistance or food stamps (i.e. SNAP.) the state of depicts it has a Public Assistance Percent of 7.3% which is the smallest as measured by households with public assistance of all the other states in the surrounding region. The state with the highest households with public assistance in the group is Missouri which shows a households with public assistance of 10.8% (48.5% larger).

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). the state of depicts it has a Gini Index of 45.1% which is the third most the gini index of all other states in the greater North Dakota region.

The State of North Dakota Work Commute Charts

The following set of charts detail a variety of metrics that have economic impact, economic grow factors and economic development metrics in the North Dakota community and has an impact on other factors such as economic growth, population growth, economic recovery, job growth, etc.. Figure 32 shows a high level view of how the population commutes to work (including the percent of people who work from home.) North Dakota has the smallest proportion of people who bicycle or walk to work at 6% of the total. Figure 33 shows a more detailed view of how the population commutes to work for (for example to downtown North Dakota or elsewhere.) North Dakota has the largest proportion of people who drove alone at 81% of the total and is ranked #1. Second, it has the largest proportion of people who take the ferry at 0% of the total and is ranked #1. Third, it has the largest proportion of people who took a taxicab, motorcycle or other at 1% of the total and is ranked #1. Also, it has the smallest proportion of people who work from home at 6% of the total.

In Figure 35 is shown a frequency distribution of the time that people leave for work. North Dakota has the smallest proportion of people who leave for work between 12am to 5am at 3% of the total. Second, it has the smallest proportion of people who leave for work between 5am to 530am at 4% of the total. Third, it has the largest proportion of people who leave for work between 730 am to 8am at 10% of the total and is ranked #1. Also, it has the smallest proportion of people who leave for work between 11am to 12noon at 6% of the total.

The next graph in Figure 36 shows the average number of minutes that it takes for people to commute to work. North Dakota has the largest proportion of people with commute time of less than 5 minutesutes at 20% of the total and is ranked #1. Second, it has the largest proportion of people with commute time between 5 to 9 minutes at 23% of the total and is ranked #1. Third, it has the largest proportion of people with commute time between 10 to 14 minutes at 19% of the total and is ranked #1. Also, it has the smallest proportion of people with commute time between 15 to 19 minutes at 11% of the total. In addition, it has the smallest proportion of people with commute time between 20 to 24 minutes at 3% of the total. Furthermore, it has the smallest proportion of people with commute time between 25 to 29 minutes at 6% of the total. Next it has the smallest proportion of people with commute time between 30 to 34 minutes at 1% of the total. Additionally, it has the smallest proportion of people with commute time between 35 to 39 minutes at 1% of the total. And then, it has the smallest proportion of people with commute time between 40 to 44 minutes at 3% of the total.

The average commute time is shown in Figure 37. the state of depicts it has a Avg Commute Time of 18 which is the second smallest in terms of average commute time of all the other states in the local area. Figure 38 shows the difference between male versus female commuting time. North Dakota shows average commute time in minutes for men 46.6% larger as the average commute time in minutes for women. Figure 41 shows the percentage of people who both work and live in the same city (town or place.) the state of depicts it has a Work in city or place where live of 64% which is the third most people who both work and live in the same city of all other states in the greater North Dakota region. The state with the highest people who both work and live in the same city in the group is South Dakota which depicts a people who both work and live in the same city of 68% (only about 5.8% larger).

The State of North Dakota Jobs Charts

The next to charts break out the median earnings for major job categories for men and women. Figure 46 shows the median earnings of men for the job categories. the state of depicts it has the hightest median earnings of $78,953 for the earnings-healthcare practitioners and tech occupations classification. Similarly, Figure 47 shows the median earnings of women for the job categories and the state of depicts it has the hightest median earnings of $71,461 for the earnings-computer, engineering, and science occupations category. The table in Figure 48, shows North Dakota employment data in terms of job categories and salary data.

The State of North Dakota Self Employment Charts

Figure 49 shows economic activity in terms of the number of people who are self employed in incorporated local business by industry. the state of shows it has the hightest entrepreneurs of 48% for the self employed management, business, science, and arts businesses group.

Similar to the last chart is Figure 50 which shows the number of people who are self employed but in more detailed industry categories such as manufacturing, retail sales, residential real estate, commercial real estate, health care, exports/imports, and advanced industries, etc. the state of depicts it has the hightest entrepreneurs of 19% for the self employed in construction aggregate.

In Figure 51 the average annual self employment/entrepreneur income is shown. the state of shows it has a Self Employment Income of $49,374 which is the largest of all states in the greater North Dakota region.

Figure 52 shows the difference between the number of self employed men and self employed women (i.e. entrepreneurs.) North Dakota shows total number of self-employed men about twice as large as the total number of self-employed women.