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North Dakota Earnings
North Dakota Metropolitan Areas Wages
|
Region
|
Average
|
Entry Level
|
Experienced
|
|
Bismarck MSA
|
$152,040 or $73.10/hr
|
$84,570 or $40.66/hr
|
$239,200 or $115.00/hr
|
|
Fargo ND-MN MSA
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$160,600 or $77.21/hr
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$89,160 or $42.87/hr
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$239,200 or $115.00/hr
|
|
Grand Forks ND-MN MSA
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$144,870 or $69.65/hr
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$84,260 or $40.51/hr
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$234,890 or $112.93/hr
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North Dakota Geographical Areas Wages
|
Region
|
Average
|
Entry Level
|
Experienced
|
|
East North Dakota nonmetropolitan area
|
$125,510 or $60.34/hr
|
$64,120 or $30.83/hr
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$206,540 or $99.30/hr
|
|
West North Dakota nonmetropolitan area
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$135,010 or $64.91/hr
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$69,880 or $33.60/hr
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$227,250 or $109.26/hr
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North Dakota's Employment and Outlook (State-wide)
|
Outlook
|
Increasing
Growth rate is estimated to be 23%
|
|
Job Openings
|
173 estimated annual job openings
|
|
Employment
|
1,785 were employed in this occupation
|
|
Industries
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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%)
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General Medical and Surgical Hospitals (NAICS622100) (2.59%)
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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
|
94
|
21%
|
2
|
7
|
9
|
|
Region 5
|
657
|
29%
|
19
|
50
|
69
|
|
Region 7
|
422
|
21%
|
9
|
31
|
40
|
Regions with stable outlook (0 to 20% growth rate expected)
|
Region
|
Employment
|
Projected Growth Rate
|
Annual Openings (growth)
|
Annual Openings (replacement)
|
Annual Openings
|
|
Region 2
|
150
|
19%
|
3
|
11
|
14
|
|
Region 3
|
62
|
13%
|
1
|
5
|
6
|
|
Region 4
|
177
|
18%
|
3
|
13
|
16
|
|
Region 6
|
97
|
12%
|
1
|
7
|
8
|
|
Region 8
|
77
|
17%
|
1
|
5
|
6
|
National Earnings
The earnings information below is for the occupational group Financial Managers. The occupation Treasurer/Controller is part of this group.
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 +16%.
(The National average for all occupations is +3%)
|
|
Job Openings
|
very small number
|
|
|
A total of 6960 average annual openings are expected for this occupation between 2022 and 2032.
(The National Average for all occupations is 1,670 openings)
|
|
Employment
|
large occupation
|
|
|
This was a large occupation in the United States, employing 792,600 workers in 2022.
(The National average for all occupations is 147,916 workers)
|
|
Growth
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Much faster than average growth
|
|
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Companies, particularly those with operations in foreign countries, have accumulated more cash on their balance sheets in recent years. As globalization continues, this trend is likely to persist. This practice should lead to demand for financial managers, as companies will need expertise in managing cash.
|
|
Industries
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Large concentrations of this occupation are found in these industries
- Finance and insurance (NAICS520000) (30.3%)
- Credit intermediation and related activities (NAICS522000) (16%)
- Professional, scientific, and technical services (NAICS540000) (13.9%)
- Management of companies and enterprises (NAICS550000) (9.8%)
- Management of companies and enterprises (NAICS551000) (9.8%)
- Insurance carriers and related activities (NAICS524000) (7.4%)
- Accounting, tax preparation, bookkeeping, and payroll services (NAICS541200) (6.5%)
- Securities, commodity contracts, and other financial investments and related activities (NAICS523000) (6.5%)
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