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Grand Forks Region Economic Development Corporation
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Community Data

Quick Facts

Grand Forks  51,313     East Grand Forks 7,812     Total MSA* population 97,279
#8 least economically stressed county in the nation

Workforce

4.0% Grand Forks unemployment (May 2011) - 4th lowest in the nation

3.0% ND's unemployment (May 2011)

Grand Forks MSA* labor force of 55,909

  • 90% are high school graduates
  • 30% have Bachelor's degree or higher
  • 11 years average length of tenure
  • Extremely low absenteeism and turnover rates

Cost of Doing Business

$14 - $18/sq ft office space rent, $5/sq ft industrial space rent
6.58 cents/kWh ND average electricity rate - lowest in the nation
Access to local officials and congressional delegation
2.10% to 6.40% corporate income tax rate, one of the lowest in the US

All rates are estimates and subject to change based on location, service company, and other variables. Contact provider directly for exact rates and costs.

Infrastructure

Interstate-29, US Highway 2
Grand Forks International Airport
Amtrak National Rail Passenger System, BNSF Rail system
Designated Foreign Trade Zone
One hour from the fourth busiest commercial port of entry into Canada

Education

43,000+ post-secondary students in the region
  • University of North Dakota
  • Northland Community & Technical College
  • Mayville State University
  • University of Minnesota Crookston
4-Star Public Schools ranking from Expansion Management

Quality of Life

Greenway that provides over 2,200 acres of natural open space, hiking & biking trails, and scenery along the Red River

Over 850 acres of park land

  • 11 outdoor skating facilities
  • 5 golf courses
  • 56 miles of maintained and marked bike paths
14 minutes average commute time
Ralph Engelstad Arena seats over 11,400 and Alerus Center seats over 22,000
Altru Hospital ranks in top 3% in the nation
Top 20 Most Secure US Places with population under 150,000

*Metropolitan Statistical Area (MSA): Grand Forks ND-MN Metropolitan Statistical Area consists of Grand Forks County, ND & Polk County, MN. MSA's have at lease one urbanized area of 50,000 or more in population, plus adjacent territory that has a high degree of social and economic integration withthe core as measured by community patters. MSA's are defined interms of whole counties or equivalent entities.

Resources: US Census Bureau, Praxis Strategy Group, Forbes Magazine, Job Service ND, JP Morgan Economic Outlook Center, City of Grand Forks

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© Grand Forks Region Economic Development Corporation
600 DeMers Avenue, Suite 501 • Grand Forks, ND 58201
(T) 701.746.2720 • (F) 701.746.2725 • info@grandforks.org

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