Minot, which has a population of just over 48,000 residents, is located in the north central region of North Dakota. The city is best known for the Minot Air Force Base, which is located just 15 miles outside the city.
Living in Minot
Despite this city’s small size, it has a vibrant arts and culture community. Minot is home to a city band, symphony orchestra, opera company, many concerts, several dance and theatre troupes, and an art museum. The North Dakota State Fair is held in Minot each year. City residents enjoy 17 parks, two golf courses and one of the region’s top zoos.
Minot has hosted the Norsk Høstfest, the largest Scandinavian-American festival in the United States, since 1987. More than 40 percent of the city’s residents are of Scandinavian ancestry. The Scandinavian Heritage Park is also located in Minot.
Working in Minot
Minot has an unemployment rate well below the United States average. The Air Force Base is by far the city’s largest employer, with more than 6,700 workers, followed by Trinity Health and Minot Public Schools. This district serves local students and includes Minot High School, three middle schools and 10 elementary schools. Minot State University, which is the third largest higher education institution in the state, is also a top-five employer.
Buying a Home in Minot
The median home price in Minot is $251,200, and homes have appreciated by more than nine percent over the past year. Most houses in Minot were built in the late 1970s. The city is divided into three major neighborhoods: North Hill, Mouse River Valley, and South Hill.
During the first quarter of 2019, the Minot Daily News reported a housing crunch in the city due to rapidly rising rents. As for the buying market, more than 34 percent of homes are in the $104,000 to $208,000 range, with 31.4 percent in the $208,000 to $313,000 range.