ExecutivePulse
Official Federal Data

Golden Valley County, North Dakota

FIPS 38033 · Population 1,653
9 Sources Updated June 22, 2026
$68,021
Median Income
$80,734 national
2.4%
Unemployment
4% national
$118M
GDP
22.6%
Bachelor's+
35.7% national
Small population: 1,653 residents. These figures come from the U.S. Census Bureau’s American Community Survey 5-year estimates, which carry a wide margin of error for places under 20,000 people. Read each value as an approximate range, and treat year-over-year changes as indicative rather than exact. A small shift can reflect survey sampling, not a real change on the ground.

Demographics & Population

Census Bureau American Community Survey 2020-2024 · 5-Year Estimates

Household Income

Source: U.S. Census Bureau · American Community Survey 2020-2024 5-Year Estimates
Median Household
$68,021
Per Capita
$37,649
Mean Household
$92,719
Poverty Rate
19.8% approx.
Median Income Comparison
Golden Valley County$68,021
North Dakota$76,657
National$80,734

Population Profile

Source: Census Bureau ACS 2020-2024 · Tables B01001, B02001, B03003
65+: 29% (479 residents) 55-64: 16.3% (269 residents) 35-54: 20.6% (340 residents) 18-34: 11.7% (194 residents) Under 18: 22.4% (371 residents) 47 Median Age
Cohorts
Under 18 · 22.4%
18-34 · 11.7%
35-54 · 20.6%
55-64 · 16.3%
65+ · 29%
Race & Ethnicity
White90.8%
Black or African American0.2%
Asian0.2%
Hispanic or Latino(any race)0.6%
Hispanic or Latino is an ethnic category and overlaps with the race categories above.

Educational Attainment

Source: Census Bureau ACS 2020-2024 · Table B15003 · Population 25+
96.4%
High School+
National: 89.6%
▲ +6.8 pts
22.6%
Bachelor's+
National: 35.7%
▼ 13.1 pts
4.4%
Graduate+
National: 14.1%
▼ 9.7 pts

Employment Overview

Source: U.S. Census Bureau · American Community Survey 2020-2024 5-Year Estimates
1,653
Population
816
Labor Force
Employed
788
Unemployment Rate BLS LAUS 2025 annual
2.4% ▲ +0.5 pts YoY
Mean Commute 6 min below national avg
20.6 min
Work From Home vs 15.1% national
0.5%
Key Takeaways
  • Income gap: Households earn meaningfully less than the national median, which directly affects retail demand, housing absorption, and tax base.
  • Elevated poverty: At 19.8%, the rate is in economically distressed territory and supports federal funding narratives (CDFI, NMTC, EDA).
  • Talent gap: Bachelor's-or-higher attainment trails the national average by 13.1 pts, relevant for advanced-services attraction strategy.
  • Aging population: Median age of 47 is materially above the U.S. norm; succession planning and senior-services demand are real factors.

Economy & Industry

Bureau of Labor Statistics QCEW · Bureau of Economic Analysis

$118M
Gross Domestic Product · 2024
Source: Bureau of Economic Analysis · CAGDP1 Regional GDP

Top Industries by Employment

Source: Bureau of Labor Statistics · Quarterly Census of Employment & Wages 2025 Annual
Top industries by employment in Golden Valley County, North Dakota, with employment, share of top sectors, and average wage
IndustryEmploymentShare of Top 10Avg Wage
1Health Care and Social Assistance
126 30.1%
$46,704
2Retail Trade
92 22.0%
$30,567
3Wholesale Trade
85 20.3%
$95,376
4Finance and Insurance
36 8.6%
$68,159
5Agriculture, Forestry, Fishing and Hunting
31 7.4%
$54,457
6Accommodation and Food Services
27 6.4%
$14,061
7Mining, Quarrying, and Oil and Gas Extraction
22 5.3%
$100,350
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Key Takeaways
  • Largest sector: Health Care and Social Assistance employs 126 workers (30.1% of tracked sectors), at an average wage of $46,704.
  • Economic scale: Regional GDP of $118M (2024).
  • Wage stratification: Mining, Quarrying, and Oil and Gas Extraction averages $100,350 while Accommodation and Food Services averages $14,061, a 7.1x spread in the same local economy, with implications for workforce development and talent strategy.
Source: BLS QCEW + BEA Regional GDP.
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Industry Concentration

Location Quotient measures regional specialization vs. national average. LQ > 1.0 = concentrated.

Location Quotient Analysis

Concentrated Industries
Source: BLS QCEW · 3-digit NAICS sub-sector · Location Quotient vs. national employment share
Same source as the Top Industries table above, sub-sector view surfaces the specialization the supersector view masks (e.g., Plastics & Rubber Manufacturing inside the Manufacturing supersector).
Gasoline Stations and Fuel Dealers
12.09x
51
Credit Intermediation and Related Activities
1.94x
20
Insurance Carriers and Related Activities
1.53x
16

Cluster Depth

Source: BLS QCEW · Sub-sectors with LQ ≥ 1.5 indicate genuine cluster concentration
Dominant Cluster
Retail Trade Cluster
Coherent grouping of concentrated sub-sectors, signals supply-chain fit for site selectors
51
Cluster Employment
12.09x
Peak LQ
Concentrated Sub-Sectors
Gasoline Stations and Fuel Dealers
12.09x 51
Credit Intermediation and Related Activities
1.94x 20
Insurance Carriers and Related Activities
1.53x 16
Key Takeaways
  • Top specialization: Gasoline Stations and Fuel Dealers concentrates at 12.09x the national norm, top-decile concentration, the kind of signature sector that defines a region's economic identity to site selectors.
  • Cluster depth: 3 sub-sectors register LQ ≥ 1.5, suggesting an interconnected industrial base rather than reliance on a single employer or sector.
Source: BLS QCEW sub-sector Location Quotients.
Golden Valley County's Top Sectors by Workforce Share
Each rectangle's area is proportional to that sector's share of total private-sector employment across all NAICS supersectors. Hover for exact employment.
Source: Bureau of Labor Statistics QCEW 2025 Annual · Private sector, NAICS supersectors

Housing & Affordability

Census ACS · HUD Fair Market Rents FY2026

Housing Overview

Source: Census Bureau ACS 2020-2024 5-Year Estimates · Tables B25001, B25077, B25064
$123,900
Median Home Value vs 2019
$638
Rent/Mo
79.5%
Owner-Occ
22.5%
Vacancy
1.8x
Home Value to Income Ratio - Affordable
vs. ~4.1x national average

HUD Fair Market Rents

Source: HUD · Fair Market Rents FY2026
Studio
$820/mo
1 Bedroom
$826/mo
2 Bedroom
$1,027/mo
3 Bedroom
$1,428/mo
4 Bedroom
$1,723/mo
30% of monthly median household income (~$1,701/mo) · rents above this line are typically considered cost-burdened.
Key Takeaways
  • Affordable market: Home value to income ratio of 1.8x is well below the ~4.1x national average; supports talent attraction and family settlement narratives.
  • High home ownership: 79.5% owner-occupied; rental supply may be tight for incoming workers.
  • Elevated vacancy: 22.5% vacancy rate. In resort, rural, and seasonal markets much of this is recreational/seasonal (second homes), not available supply; confirm the vacancy-by-reason split before treating it as a redevelopment opportunity.
  • Affordable rent tiers: 4 of 5 HUD Fair Market Rent bedroom tiers sit below the 30%-of-median-income affordability threshold (~$1,701/mo).
Source: Census ACS housing tables + HUD Fair Market Rents.

Workforce Pipeline

Labor force readiness, commuting, and workforce composition

Labor Market Overview

Source: Census ACS 2020-2024 · Tables B01001, B23025, B08303, B08301
803
Working Age (18-64) vs 2019
Mean Commute 6 min below national avg
20.6 min
Work From Home vs 15.1% national
0.5%
Prime-Age Employed (25-54)
88.7%
of prime-age population
Labor force participation rate: 63.7% of working-age population (18-64) 64% Participation
▼ vs 2019

Education & Talent Pipeline

Source: Census ACS 2020-2024 · Table B15003 · College Scorecard
Bachelor's+
22.6%
HS Diploma+
96.4%
Regional / Statewide Institutions
Total credentials awarded
10,038/yr
University of North Dakota 3,449/yr
North Dakota State University-Main Campus 3,143/yr
University of Mary 1,150/yr
Bismarck State College 1,078/yr
Minot State University 649/yr
North Dakota State College of Science 569/yr

Aging Workforce

Source: Census Bureau ACS · Derived from age & employment tables
33.5%
55-64 of working-age population (18-64)
Elevated retirement risk, above the 20% threshold. Succession planning recommended.

Workforce by Occupation

Source: Census ACS 2020-2024 · Table C24010 · Civilian employed population 16+
Management / Professional
35.5%
Service
20.1%
Sales & Office
18.8%
Construction / Maint.
9.6%
Production / Transport
16%
Bars scaled 2× for visual differentiation; percentage labels show actual share of 788 employed workers.
Key Takeaways
  • Succession risk is real: 33.5% of working-age residents are 55-64. Plan for retirements over the next decade and pair attraction strategy with talent retention.
  • Short commutes: 20.6-minute mean commute is a quality-of-life and labor-access advantage worth surfacing for site selectors.
  • Talent pipeline: 6 regional institutions feed the workforce; the top three combined produce 7,742 annual credentials.
Source: ACS workforce data and College Scorecard.

AI Insights

AI-assisted analysis, drawn from 9 federal data sources

Sample AI Insight

Golden Valley County shows strong potential for gasoline stations and fuel dealers attraction, with a 12.09x concentration and 51 jobs in this sub-sector. It ranks in the top decile nationally. Near-term succession risk is elevated, with 33.5% of the working-age population within 10 years of retirement age.

The interconnected base across gasoline stations and fuel dealers, credit intermediation and related activities, and insurance carriers and related activities creates supply-chain attraction leverage rather than single-employer risk, a structural advantage for industrial recruitment.

Industry Shift Analysis

Manufacturing Automation Risk
High
Healthcare Growth Forecast
+4.2% CAGR
Remote Work Migration
67/100

Prospect Match Scores

Advanced Manufacturing
92/100
Life Sciences
84/100
Data Centers
71/100
Illustrative example

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Data Sources

Updated from official federal government data.

Census ACS 5-Year2024
BLS QCEW2025 annual
BLS LAUS (via FRED)2025 annual
BEA Regional GDP2024
Census CBP2023
HUD Fair Market RentsFY2026
FCC Broadband Map2024
USAspending.govFY2026
College ScorecardAY 2022-23

Frequently Asked Questions

Key economic and demographic figures for Golden Valley County, North Dakota, from federal data sources.

What is the population of Golden Valley County, North Dakota?

1,653 (U.S. Census Bureau, ACS 5-Year Estimates).

What is the median household income in Golden Valley County, North Dakota?

$68,021 (U.S. Census Bureau, ACS 5-Year Estimates).

What is the unemployment rate in Golden Valley County, North Dakota?

2.4% (2025 annual average, U.S. Bureau of Labor Statistics, LAUS).

What is the GDP of Golden Valley County, North Dakota?

$118M (U.S. Bureau of Economic Analysis, CAGDP1).