Economic Momentum
Two economies in one. Tech and tourism/wine are real engines. But unemployment swinging 8.6–11% shows vulnerability, and housing is brutal — family earning median income is $114K short of avg house affordability.
| Factor | Finding | Source |
|---|---|---|
| Median household income | $95K–$120K. Well above Grand Forks $61.6K | T2 |
| Housing affordability | Avg $1.14M, median $742K. Family needs ~$234K income to afford avg house | T2 |
| Job growth | Mixed. Unemployment spiked to 8.6% (end 2025), hit 11% briefly (Nov 2025). 7% Mar 2026 | T2 |
| Business formation | 30,000+ registered businesses. Tech: 800 companies, 32K workers, $4.98B annual impact | T2 |
| Cost of living | 20–25% below Vancouver, 50%+ above Grand Forks | T3 |
| Airport economic impact | 2.315M passengers (2025 record), $2B+ output, 9,200 jobs | T2 |
| Government employment % | pending | — |
| Self-employment rate | pending | — |
| Businesses per 1,000 residents | pending | — |