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North Dakota Earnings
North Dakota Metropolitan Areas Wages
Region
|
Average
|
Entry Level
|
Experienced
|
Bismarck MSA
|
$108,900 or $52.36/hr
|
$47,270 or $22.73/hr
|
$204,950 or $98.53/hr
|
Fargo ND-MN MSA
|
$115,110 or $55.34/hr
|
$50,480 or $24.27/hr
|
$204,880 or $98.50/hr
|
Grand Forks ND-MN MSA
|
$111,330 or $53.52/hr
|
$38,260 or $18.39/hr
|
$239,200 or $115.00/hr
|
North Dakota Geographical Areas Wages
Region
|
Average
|
Entry Level
|
Experienced
|
East North Dakota nonmetropolitan area
|
$127,950 or $61.51/hr
|
$39,190 or $18.84/hr
|
$239,200 or $115.00/hr
|
West North Dakota nonmetropolitan area
|
$125,880 or $60.52/hr
|
$39,190 or $18.84/hr
|
$239,200 or $115.00/hr
|
North Dakota's Employment and Outlook (State-wide)
Outlook
|
Increasing Growth rate is estimated to be 22%
|
Job Openings
|
54 estimated annual job openings
|
Employment
|
594 were employed in this occupation
|
Industries
|
Large concentrations of this occupation are found in these industries
-
Nondepository credit intermediation (NAICS522200) (1.98%)
|
Regions with increasing outlook (over 20% growth rate expected)
Region
|
Employment
|
Projected Growth Rate
|
Annual Openings (growth)
|
Annual Openings (replacement)
|
Annual Openings
|
Region 1
|
28
|
29%
|
1
|
2
|
3
|
Region 5
|
270
|
29%
|
8
|
19
|
27
|
Region 7
|
105
|
23%
|
2
|
7
|
9
|
Regions with stable outlook (0 to 20% growth rate expected)
Region
|
Employment
|
Projected Growth Rate
|
Annual Openings (growth)
|
Annual Openings (replacement)
|
Annual Openings
|
Region 6
|
28
|
14%
|
|
2
|
2
|
National Earnings
Note: variations in salaries reflect differences in size of firm, location, level of education and professional credentials.
Where do these numbers come from?
National Employment and Outlook
Outlook
|
increasing
|
|
The employment change from 2022 to 2032 is estimated to be +13%.
(The National average for all occupations is +3%)
|
Job Openings
|
very small number
|
|
A total of 2560 average annual openings are expected for this occupation between 2022 and 2032.
(The National Average for all occupations is 1,670 openings)
|
Employment
|
medium occupation
|
|
This was a medium sized occupation in the United States, employing 327,600 workers in 2022.
(The National average for all occupations is 147,916 workers)
|
Growth
|
Much faster than average growth
|
|
The primary driver of employment growth will be the aging population. As large numbers of baby boomers continue to retire, they are likely to seek planning advice from personal financial advisors. Also, longer lifespans will lead to longer retirement periods, further increasing demand for financial planning services.
|
Industries
|
Large concentrations of this occupation are found in these industries
- Finance and insurance (NAICS520000) (83.2%)
- Securities, commodity contracts, and other financial investments and related activities (NAICS523000) (62.9%)
- Credit intermediation and related activities (NAICS522000) (16.5%)
- Self-employed workers (12.2%)
|