Economy of North Dakota State

June 29, 2010US State Economiesby EconomyWatch


Demography And Social Indicators

North Dakota is situated in the North Central of the United States. The state is bordered by Minnesota, across the Red River of the North, South Dakota, Montana, and the Canadian Provinces of Saskatchewan and Manitoba.

The state has a total geographical area of 70,700 sq mi; with a land area of 68,976 sq mi; and total acres forested is 0.7 mil.

Both oil and petroleum are the leading mineral products which have contributed a lot to the state' economy.

Demography And Social Indicators
According to the US Census Bureau, the total estimated population of North Dakota in 2005 is 636,677 in comparison to 634,366 in July 2004. The net change in the population of the state 2002-03 was 0%. As for the US Census 2000, the total population of the state was 642,200. The population density is calculated at 9.2 per sq mi.

With regards to the Racial Distribution (2000): White 92.4%; Black 0.6%; Asian 0.6%; Native American 4.9%.

Business and Economy of North Dakota
According to the Bureau of Economic Analysis, the total state Product of North Dakota in 2003 was $21 billion with a per capita personal income of $ 28,922 in the same year.

The Chief Industries are agriculture, mining, tourism, manufacturing, telecommunications, energy and food processing.

Important Manufacturing goods of the state are farm equipment, processed foods, fabricated metal and high-tech electronics.

Major Crops in the state are spring wheat, durum, barley, flaxseed, oats, potatoes, dry edible beans, honey, soybeans, sugar beats, sun flowers and hay.

Livestock: (Jan 2004): 1.75 million Cattle/calves; 97,000 sheep/lambs; (Jan 2003): 150,000 hogs/pigs.

Apart from this the state is a leading producer of Oil, petroleum, sand, grave, lime and salt.

Energy Production in North DakotaElectricity Production (est. 2003, kwh by source): Coal 29.3 bil; Petroleum 46 mil; Hydro electric 1.7 bil; Other 6 mil.

Tourist Attraction Of North Dakota
Tourism is considered to be one of the major earning sources for the state. The important tourist places of the state are as follows:

  • North Dakota Heritage Center, Bismarck;
  • Bonanza Ville, Fargo;
  • Ft. Union Trading Post Natl. Historic Site;
  • Lake Sakakawea;
  • Intl. Peace Garden;
  • Theodore Roosevelt Natl. Park, Badlands;
  • Ft Abraham Lincoln State Park and Museum, near Mandan;
  • Dakota Dinosaur Museum, Dickinson;

Colleges and Universities In North Dakota

  • North Dakota University System
  • Dickinson State University in Dickinson
  • Lake Region State College in Devils Lake
  • Mayville State University in Mayville
  • Minot State University in Minot
  • Minot State University-Bottineau in Bottineau
  • North Dakota State University in Fargo
  • North Dakota State College of Science in Wahpeton
  • University of North Dakota in Grand Forks
  • Valley City State University in Valley City
  • Williston State College in Williston
  • Cankdeska Cikana Community College in Fort Totten
  • Fort Berthold Community College in New Town

Further Readings

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