Minot has a population of approximately 48,005 and experiences a population change rate of 31.28%. The population density is 1,762.4 / sq mi.
Household
The median household income for Minot is $68,543, with 20,875 households and an average household size of 2.24.
Home Value
The median value of a home in Minot is $231,100 with an appreciation rate of 10.50%. 48.77% of housing in the state is owned while 39.35% is rented.
Cost of Living
The cost of living in Minot is 100.9 %.
Employment
The unemployment rate in Minot is 2.10%, and recent job growth is at -0.57%. Future job growth is projected at 35.71%.
Taxes
The sales tax rate in Minot is 7.50%, while the income tax rate is 2.04% .
Education
School expenditures in Minot are $15,313, and the school ratio is 13.7:1.
Weather
The average high temperature in July is 81.4 degrees, with an average low temperature in January of 1.7 degrees. The average rainfall is approximately 17.7 inches per year, with 46.4 inches of snow per year.