BISMARCK, N.D. (AP) — The state Tax Department says the number of North Dakotans reporting income of more than $1 million went up 7.5 percent last year.
The agency says 1,120 North Dakota taxpayers reported adjusted gross income of more than $1 million in 2014, compared with 1,041 North Dakotans in that category in 2013.READ MORE: More Mask Mandates Reinstated Across Minnesota As Delta Variant Spreads
The number of North Dakotans reporting seven-figure incomes has more than doubled since 2010. The Tax Department says the increase is largely due to payments to mineral owners by oil companies.READ MORE: Sheriff: Nearly A Month After Wife's Stabbing Death, Eric Reinbold Taken Into Custody
Figures released to The Associated Press show the average adjusted gross income in the state increased from $71,538 in 2013 to a record $73,359 last year.
The number of returns rose from 466,256 in 2013 to 486,311 last year.MORE NEWS: 'No More Minneapolis': Longtime Activist KG Wilson Leaves City After Death Of 6-Year-Old Granddaughter
(© Copyright 2015 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)