5 Reasons Why to Move to North Dakota

August 10, 2022

For those that are considering moving to North Dakota or want to explore some North Dakota real estate, there are numerous benefits to doing so. The following are just a few of them:

A Modern State

North Dakota is the 24th state created after the Civil War. It was originally part of the territory of Minnesota, which was ceded to the Dakota Territory in 1863. Since its founding, North Dakota has maintained a distinctive character and culture. The population is predominantly white, with a significant Native American population. Roughly 40% of the population is made up of people between the ages of 20 and 64, and around 30% are 65 and older.

A Wealth of Opportunities

Though the economy of North Dakota has declined in recent years, the state still offers a wealth of opportunities for those that move there. Since the last recession, the state has created numerous new jobs, attracting many residents from around the country. Many are attracted to North Dakota because of the high-paying jobs available in the oil industry. In 2017, the unemployment rate in North Dakota was 3.1%, which is lower than the national average of 4.1% and the state's previous rate of 3.6% in 2015. Many are also drawn to the state because of its bountiful natural resources. The state is home to the largest lake in North America, Lake Sakakawea, as well as vast oil reserves, which provide significant resources for future generations.

A Larger Housing Market

It is well known that North Dakota is a very safe state. However, people who live there need safe and comfortable places where they can raise their families. Fortunately, North Dakota has a much larger housing market than one would expect. From small, cozy cabin-like apartments, to massive, custom-built homes, North Dakota has a place for everyone. In fact, the median home price in the state is around $266,900, which is close to the national average of $265,700. This makes it an affordable place to live for those from around the country.

A More Urbanized Population

Though 60% of North Dakota's population resides in rural areas, much of the state's economy and culture is concentrated in its cities. This cultural and economic diversity is reflected in the state's architecture, which is a blend of various styles, including Dutch Colonial, French Provincial, Baroque, and Neoclassical.

A More Business-friendly State

North Dakota currently has lower corporate taxes and licensing fees than most other states. In order to encourage businesses to set up shop there, the state has eliminated many of its regulations and red tape. This has resulted in a more business-friendly environment. In fact, North Dakota now has the fourth-lowest business energy cost in the country. This is due, in part, to the fact that a large number of wind turbines and solar panels are located there.

Those that are considering moving to North Dakota should do so for the opportunities that the state has to offer. Whether you want to live in a large city, a small town, or somewhere in between, North Dakota has something to offer everyone.

 

Categories: ,  
Carlos Diaz
I believe in making the impossible possible because there’s no fun in giving up. Travel, design, fashion and current trends in the field of industrial construction are topics that I enjoy writing about.

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts
April 16, 2024
Journey to Healing: Before and After Cupping Therapy

"Embark on a transformative odyssey: Journey to Healing Before and After Cupping Therapy, your empowering voyage to holistic wellness awaits, where the ancient art of cupping unveils a path of rejuvenation and restoration." Introduction This article explores the profound experiences before and after cupping therapy, revealing its many benefits, therapeutic process, and profound effects. Taking […]

Read More
April 16, 2024
Can Gum Disease Kill You? Understanding the Potentially Fatal Consequences

"In the shadow of your smile lies a hidden peril: Can gum disease kill you? Delve into the ominous depths of understanding its potentially fatal consequences, where silent whispers of decay threaten more than just your smile." Introduction Can gum disease kill you? Periodontal disease, the medical name for gum disease, is frequently misunderstood in […]

Read More
April 16, 2024
Unique Gemstone Choices for Engagement Rings

  If you're not keen on using traditional diamonds, rubies, or sapphires for your engagement ring, let's explore some unique gemstones together. Hopefully, one of these unique options will be the perfect choice for you. Opal Image source: mollyjewelryus.com About 95% of opals come from Australia, earning it the title of Australia's "national gemstone." Additionally, […]

Read More
Welcome to Urban Splatter, the blog about eccentric luxury real estate and celebrity houses for the inquisitive fans interested in lifestyle and design. Also find the latest architecture, construction, home improvement and travel posts.
© 2022 UrbanSplatter.com, All Rights Reserved.
linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram