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North Dakota Earnings
North Dakota Metropolitan Areas Wages
|
Region
|
Average
|
Entry Level
|
Experienced
|
|
Bismarck MSA
|
$152,160 or $73.15/hr
|
$85,190 or $40.96/hr
|
$239,200 or $115.00/hr
|
|
Fargo ND-MN MSA
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$157,500 or $75.72/hr
|
$93,010 or $44.71/hr
|
$232,750 or $111.90/hr
|
|
Grand Forks ND-MN MSA
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$149,170 or $71.72/hr
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$88,610 or $42.60/hr
|
$237,150 or $114.01/hr
|
|
Minot MSA
|
$142,620 or $68.57/hr
|
$84,530 or $40.64/hr
|
$221,090 or $106.29/hr
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North Dakota Geographical Areas Wages
|
Region
|
Average
|
Entry Level
|
Experienced
|
|
East North Dakota nonmetropolitan area
|
$133,120 or $64.00/hr
|
$82,890 or $39.85/hr
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$209,360 or $100.65/hr
|
|
West North Dakota nonmetropolitan area
|
$147,540 or $70.93/hr
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$83,150 or $39.97/hr
|
$227,460 or $109.36/hr
|
North Dakota's Employment and Outlook (State-wide)
|
Outlook
|
Increasing
Growth rate is estimated to be 21%
|
|
Job Openings
|
194 estimated annual job openings
|
|
Employment
|
2,021 were employed in this occupation
|
|
Industries
|
Large concentrations of this occupation are found in these industries
-
Elementary and Secondary Schools (NAICS611100) (7.12%)
-
Nondepository credit intermediation (NAICS522200) (3.42%)
-
Insurance carriers (NAICS524100) (2.59%)
-
General Medical and Surgical Hospitals (NAICS622100) (2.59%)
-
Colleges, Universities, and Professional Schools (NAICS611300) (2.22%)
|
Regions with increasing outlook (over 20% growth rate expected)
|
Region
|
Employment
|
Projected Growth Rate
|
Annual Openings (growth)
|
Annual Openings (replacement)
|
Annual Openings
|
|
Region 1
|
100
|
25%
|
2
|
8
|
10
|
|
Region 2
|
182
|
21%
|
4
|
14
|
18
|
|
Region 5
|
799
|
26%
|
21
|
61
|
82
|
Regions with stable outlook (0 to 20% growth rate expected)
|
Region
|
Employment
|
Projected Growth Rate
|
Annual Openings (growth)
|
Annual Openings (replacement)
|
Annual Openings
|
|
Region 3
|
59
|
8%
|
|
5
|
5
|
|
Region 4
|
190
|
15%
|
3
|
14
|
17
|
|
Region 6
|
106
|
11%
|
1
|
8
|
9
|
|
Region 7
|
433
|
20%
|
8
|
32
|
40
|
|
Region 8
|
93
|
16%
|
2
|
6
|
8
|
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 2023 to 2033 is estimated to be +17%.
(The National average for all occupations is +4%)
|
|
Job Openings
|
very small number
|
|
|
A total of 7510 average annual openings are expected for this occupation between 2023 and 2033.
(The National Average for all occupations is 1,724 openings)
|
|
Employment
|
large occupation
|
|
|
This was a large occupation in the United States, employing 837,100 workers in 2023.
(The National average for all occupations is 150,944 workers)
|
|
Growth
|
Much faster than average growth
|
|
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Services provided by financial managers, such as planning, directing, and coordinating investments, are likely to stay in demand as the economy grows. In addition, several specialties within financial management, particularly cash management and risk management, are expected to be in high demand over the next decade.
|
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Industries
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Large concentrations of this occupation are found in these industries
- Finance and insurance (NAICS520000) (31.2%)
- Credit intermediation and related activities (NAICS522000) (15.8%)
- Professional, scientific, and technical services (NAICS540000) (13.5%)
- Management of companies and enterprises (NAICS551000) (10.1%)
- Insurance carriers and related activities (NAICS524000) (7.8%)
- Securities, commodity contracts, and other financial investments and related activities (NAICS523000) (7.2%)
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