Grand Forks, North Dakota Income Statistics
Grand Forks Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of an area's residents based on income levels, employment rates, and income inequality metrics.
-
C
Grand Forks Below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Grand Forks | North Dakota Avg | US Average |
|---|---|---|---|
| Median Household Income | $64,378 | $76,862 | $80,455 |
| Median Personal Income | $54,660 | $59,016 | $60,758 |
| Average Yearly Income Growth | 3.8% | 3.3% | 4.8% |
| Six-Figure Earners | 9.0% | 12.1% | 13.9% |
| $200k+ Households | 6.7% | 9.6% | 13.2% |
The median household income in Grand Forks is about 16% lower than in North Dakota. Income has been growing faster in Grand Forks (3.8%/yr) than in North Dakota (3.3%/yr).
About 9% of adults in Grand Forks earn six figures ($100,000 or more) a year, lower than the North Dakota average of 12%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Grand Forks, North Dakota grew by 66.2% from 2009 to 2024, reaching $64,378 in 2024. That's an average of about 3.8% per year.
Income Inequality and the Gender Pay Gap in Grand Forks
| Metric | Grand Forks | North Dakota Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.526 | 0.506 | 0.552 |
| Male Median Income | $61,464 | $67,903 | $69,667 |
| Female Median Income | $51,914 | $53,536 | $56,850 |
| Gender Pay Gap | 15.5% | 21.2% | 18.4% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Grand Forks, it is 0.526, higher than North Dakota's 0.506, so income is less evenly distributed here than there, and lower than the US's 0.552, so income is more evenly distributed here than there.
Men's income is about 18% more than women's income in Grand Forks, North Dakota. Over a 35-year career, a 18% wage gap accumulates to roughly $334,250 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Grand Forks, North Dakota has narrowed from about 20% to 16% in 2024. Over that period the gap was widest at 25% in 2019. In dollar terms, the gap has widened by $1,775 since 2009.
Employment
| Metric | Grand Forks | North Dakota Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 2.5% | 2.7% | 5.2% |
| Working from Home | 6.3% | 8.1% | 15.0% |
| Commute time (minutes) | 12 | 13 | 22 |
Approximately 774 people are unemployed in Grand Forks, North Dakota.
The average commute time in Grand Forks is 12 minutes, shorter than the 13 minutes in North Dakota.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Grand Forks, North Dakota has fallen from 5.0% to 2.5% in 2024.
Conclusion
Considering all these factors, Grand Forks, North Dakota has an overall wealth index grade of C, making it somewhat worse than North Dakota, and about on par with the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Grand Forks, North Dakota.
How Rich Is Grand Forks, North Dakota?
Grand Forks has a wealth index grade of C. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a C grade means residents are close to the U.S. average. The median household income is $64,378, about 16% lower than the North Dakota average of $76,862.
Are incomes growing in Grand Forks, North Dakota?
Between 2009 and 2024, the median household income in Grand Forks, North Dakota rose 66%, from $38,734 to $64,378. Over the same years, income here lagged behind North Dakota as a whole: +66% against +70%.
What was the median household income in Grand Forks in 2023?
In 2023, the median household income in Grand Forks, North Dakota was $62,580, up 8% from $58,172 in 2022. The North Dakota median that year was $76,063.
What was the median household income in Grand Forks in 2020?
In 2020, the median household income in Grand Forks, North Dakota was $50,108. By 2024 it had risen 28% to $64,378.
What is the Gini coefficient in Grand Forks, North Dakota?
The Gini coefficient in Grand Forks is 0.526. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is lower than the US average of 0.552, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Grand Forks, North Dakota?
Since 2009, the income gap between men and women in Grand Forks, North Dakota has narrowed from about 20% to 16% in 2024. Over that period the gap was widest at 25% in 2019. In dollar terms, the gap has widened by $1,775 since 2009.
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