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Community Data

Quick Facts

Population

Grand Forks  51,313
East Grand Forks 7,812
Total MSA* population 97,279

4.7% Grand Forks unemployment (June 2010)

4.1% ND's unemployment (June 2010)
9.6% US unemployment rate (June 2010)

Grand Forks ranks 45th in Forbes "Best Places for Business and Careers."

Grand Forks ranks 97 on CNN's "Top 100 Place to Live."

Grand Forks county ranks #16 on AP's Least Economically Stressed Index

Workforce

Grand Forks MSA* labor force of 55,621
93% are high school graduates
35% have Bachelor's degree
43 is Median workforce age
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

For additional information on business support visit the North Dakota Dept. of Commerce

Download a brochure of ND Bussiness Development Quick Facts

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

Numerous ground transportation companies

Designated Foreign Trade Zone
One hour from the fourth busiest commercial port of entry into Canada
DSL, T1, T3, satellite, cable and wireless services

Education

6,974 students GF/EGF Public Schools
4-Star Public Schools ranking from Expansion Management
13,431 students - University of North Dakota
4,145 students - Northland Community & Technical College
887 Mayville State University

1,310 students - University of Minnesota Crookston

$187 million UND generated for research in economic output for 2008
UND is home to the renowned Energy & Environmental Research Center (EERC) and the John D. Odegard School of Aerospace Sciences
UND ranked as one of America's Best Colleges in 2008

Quality of Life

Over 850 acres of park land
11 outdoor skating facilities
5 golf courses & 2 disc golf courses
Greenway that provides over 2,200 acres of natural open space, hiking & biking trails, and scenery along the Red River
14 minutes average commute time

56 miles of maintained and marked bike paths

Ralph Engelstad Arena seats over 11,400
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

Click the image to the left to download Grand Forks Community Profile (pdf).

Click the image to the left to download the Grand Forks Visitor's Guide (pdf).

 

*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

© 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