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Economy in North Dakota

GDP, income, output and the industries that drive the economy.

Topics

Dive into each indicator for North Dakota.

$78 B
GDP
45th in the U.S.
$97,600
GDP per capita
Top 10 in the U.S.
2.6%
Unemployment rate
2024, among the lowest in the U.S.
$48,900
Median annual wage
≈ 1.2 M bbl/day
Crude oil production
3rd in the U.S.
1.95% – 2.5%
State income tax
5.0%
State sales tax
> $11 B
Legacy Fund
Oil and gas sovereign fund
Oil & gas, agriculture, healthcare, finance, manufacturing
Leading sectors

Historical data

Long-run evolution of the key indicators, so you can see the trend — not just today's snapshot.

Median household income

19802023
$76,500 381%

Census/ACS, nominal dollars.

Gross domestic product

19802024
78 954%

BEA, current dollars.

Data table

GDP$78 B45th in the U.S.
GDP per capita$97,600Top 10 in the U.S.
Unemployment rate2.6%2024, among the lowest in the U.S.
Median annual wage$48,900
Crude oil production≈ 1.2 M bbl/day3rd in the U.S.
State income tax1.95% – 2.5%
State sales tax5.0%
Legacy Fund> $11 BOil and gas sovereign fund
Leading sectorsOil & gas, agriculture, healthcare, finance, manufacturing

Compared to the United States

Coming soon

Side-by-side comparison of North Dakota vs. the U.S. average.

National ranking

Coming soon

The national ranking against every other state will appear here as more states are published.