Retail Trade in Minot, ND
Metro Market Score 62.5 (Difficult), ranked #280 of 378 metros. 318 establishments, 4,848 jobs.
Metro Market Assessment
Lower is better. Relative to national retail trade average.
With a 1.46 location quotient, Minot has an outsized retail trade presence relative to its population. That concentration (index: 94.7) creates a mature local market where supplier networks are established but differentiation matters more.
318 Retail Trade Firms in Minot
Minot vs North Dakota Statewide
How this metro's retail trade market compares to North Dakota overall. The state ranks #41/51 for entry risk.
| Measure | Minot | ND Statewide |
|---|---|---|
| Overall Score | 62.5 Difficult | 49.9 Elevated |
| Score Type | Metro Market Score | Entry Risk Score |
| Rank | #280 of 378 metros | #41 of 51 states |
Metro and state scores use different methodologies (metro has 4 QCEW-based metrics; state adds BDS survival and momentum data). Direct score comparisons are approximate.
Other Industries in Minot
Retail Trade in Other North Dakota Metros
Retail Trade Metros With Similar Conditions
Metros within 5 points of Minot's 62.5 score. Useful when comparing markets with comparable entry profiles.
Retail Trade in States Bordering North Dakota
State-level entry risk for retail trade in adjacent states. Use this to weigh cross-border options.
Browse Retail Trade in Other States
State-level entry risk reports for retail trade across all 51 markets, sorted by rank.
Data Sources
- Quarterly Census of Employment and Wages (QCEW), Bureau of Labor Statistics. MSA-level establishment counts, employment, wages, and location quotients for the Minot, ND MSA area.
Data period: 2024. Last updated: April 2026.