BISMARCK, N.D. (AP) - Reported income by North Dakotans slipped by more than 3 percent in 2016, while the number of filers sank by about 25,000.
Tax Commissioner Ryan Rauschenberger says the decrease in income and the number of taxpayers is due largely to a slump in agriculture and energy prices.
The figures released to The Associated Press compared the income of the same 413,000 taxpayers in in 2015 and 2016. Data show the gross income for the taxpayers dropped from $71,046 in 2015 to $68,507 last year.
A total of 475,000 returns are expected to be filed in 2016, down from about 500,000 in 2015.
The numbers are still well above the pre-oil boom numbers a decade ago.
In 2006, there were 339,000 filers, with an average adjusted gross income of about $43,300.
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