The total amount of properties with foreclosure filings in the state of North Dakota is about 390 properties in the past year, averaging out to one filing for every 796 households, extremely lower than the United States average of 45. This is about one seventh of one percent of the state's housing units.
North Dakota is the 3rd smallest U.S. state by population, with 646,844 people, and the 4th least densely populated state in the nation. Its 70,762 square miles make it the 19th largest state by area. Ranked 17th in the nation, the state's per capita income is $33,034, with a median household income of $45,685. The state's unemployment rate is 3.7%, the lowest in the nation. The total Groos Domestic Product of North Dakota is $24 billion.
Most of North Dakota's economic activity is based on agriculture. Eight percent of North Dakotans work on farms, which is a larger proportion than some more famous farming states including Iowa and Indiana. North Dakota is the country's largest producer of barley, sunflower seeds, several types of wheat, and farm-raised turkeys. The state also boasts coal mines, oil and natural gas, and stands to benefit from the next generation of green energy development. That's because it is believed that the state's wind energy might eventually power up to 25 percent of America's energy needs.