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Taxpayers' Income Doubles Since ND Boom Began

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Bismarck, N.D. (AP) Income reported by North Dakotan has more than doubled to a record $30.4 billion since the infancy of the state's oil boom in 2006.

State Tax Department figures released to the Associated Press show the number of taxpayers has jumped 37 percent since then, to 466,000 in 2013.

The records show 1,041 North Dakotans reported 2013 income of at least $1 million. Tax Commissioner Ryan Rauschenberger says that's down slightly because wealthier residents took advantage of tax cuts that expired the year before.

The average adjusted gross income for individuals in 2013 fell $2,700 to $71,538 last year, still well ahead of the $43,000 average in 2006. Rauschenberger says that was partly due to more new filings over the previous year that brought down the average.


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