#22 North Dakota


#9 in Taxation and Regulation

#26 in Workforce Quality

#42 in Living Environment

Right to Work?

Regional Profile – Midwest

STATE
OVERALL REGIONAL RANK
TAXATION & REGULATION REGIONAL RANK
WORKFORCE QUALITY REGIONAL RANK
LIVING ENVIRONMENT REGIONAL RANK
Illinois
12
12
12
12
Indiana
1
3
2
2
Iowa
4
5
3
4
Kansas
7
6
9
8
Michigan
11
10
10
10
Minnesota
10
11
6
7
Missouri
9
8
11
6
Nebraska
8
4
1
1
North Dakota
6
2
8
11
Ohio
2
7
4
5
South Dakota
5
1
7
9
Wisconsin
3
9
5
3

Key Industries

Agriculture, Aviation, Biotech, Energy, Manufacturing

Key Companies

Investors Real Estate Trust

MDU Resources

Titan Machinery

Advantages

The U.S. Senate passed a law extending the FAA’s drone testing program in the state for another 5 years, which will maintain jobs among 22 participating schools and more than 100 industry partners, according to Prarie Business magazine.

Challenges

Air quality in North Dakota has been downgraded, and cropland values have declined for a second year.

Key Contacts

Dept. of Commerce / Economic Development & Finance Division

Paul Lucy, Director
701-328-5388
1600 E. Century Ave., Suite 2
P.O. Box 2057
Bismarck, ND 58503

plucy@nd.gov
http://www.business.nd.gov/about/

CEO Comments

“Once the oil business recovers, North Dakota should revive again.”

Current Developments

2015 Regional Report: The Midwest
November 13, 2015

Drone Industry Takes Off in North Dakota
March 15, 2016

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No 21: North Dakota

No. 21

North Dakota

Taxation and Regulations
Workforce Quality
Living Environment

Based on CEO Survey by ChiefExecutive.net

Key Metrics
Taxation and Regulations
  • State Corporate Income Tax Rate: 6.40%
  • Highest Personal Income Tax Rate: 4.86%
Workforce Quality
  • % with High School diploma or more: 89.6
  • % with Bachelor’s degree or more: 26.9
  • % with Advanced degree or more: 6.6
  • Patents per 100K: 16.54
  • % of Employed Represented by Unions: 9.1
Quality of Life
  • Hopsitals per 10K: 0.628
  • Elementary/Secondary Schools per 1000 people: 0.873
  • Violent Crimes per 100K: 125.66
Key Companies
  • MDU Resources
  • Titan Machinery
  • Investors Real Estate Trust
Other Highlights
  • North Dakota rose to #21 from #24 in 2010 — the state took #17 in 2009
  • North Dakota ranks 31st in state debt per capita with $2721

Sources:
TaxFoundation.org
Statemaster.com
Bureau of Labor Statistics
U.S. Census Bureau
U.S. Patent and Trademark Office
The National Center for Public Policy and Higher Education