North Dakota exhibited leadership that truly understands the importance of producing the best business environment, and thus the best opportunities for job growth and economic prosperity.
In the U.S. today, if you combine state, local, and federal taxes, the tax burden on companies is among the highest the world. Add labor costs and we become a nation with one some of the highest costs for doing business. American companies, if they are to survive in a global economy, must be located in the most pro-business locations possible.
Real Estate & Facilities
Effective averages for Fargo, North Dakota, according to NAI Global.
Rent / Lease
$12 to $16.50 per square foot to rent quality office space
$5.50 to $6.50 per square foot to rent industrial space
Development Land Construction Costs
$9 to $15 per acre to build in commercial building district
$1.2 billion surplus
Constitutionally balance budget
Only state-owned bank in the nation offers business expansion funds
Person-to-person access to public officials
In 2011, State Legislature lowered top corporate income tax rate from 10.5% to 6.4%.