Special Reports

18. North Dakota

The Peace Garden State offers an idyllic lifestyle and friendly regulation. But there's far to go on access to capital.

Economic Profile

Governor: Doug Burgum, Republican

Population: 765,309

GDP growth (Q1 2021): 7.6%

Unemployment rate (May 2021): 4.0%

Top corporate tax rate: 4.31%

Top individual income tax rate: 2.90%

Gasoline tax: 23 cents/gallon

Bond rating (Moody's/S&P): Aa1, stable/AA+, stable

Major private employers: Sanford-Health, MDU Resources Group

Economic profile sources: U.S. Census Bureau, U.S. Bureau of Economic Analysis, U.S. Bureau of Labor Statistics, Federation of Tax Administrators, American Petroleum Institute (excluding 18.40 cent/gallon federal tax), Moody's Investor Service, S&P Global Market Intelligence

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