North Dakota

Income

According to the Bureau of Economic Analysis, in 2001, North Dakota had a per capita personal income (PCPI) of $25,798 which ranked 39th in the United States (including the District of Columbia) and was 85% of the national average, $30,413. The 2001 PCPI reflected an increase of 3.2% from 2000 compared to the national change of 2.2%. In 2001, North Dakota had a total personal income (TPI) of $16,421,689,000 which ranked 50th in the United States and accounted for 0.2% of the national total. The 2001 TPI reflected an increase of 2.5% from 2000 compared to the national change of 3.3%.

Earnings of persons employed in North Dakota increased from $11,227,477,000 in 2000 to $11,426,137,000 in 2001, an increase of 1.8%. The largest industries in 2001 were services, 26.1% of earnings; state and local government, 13.8%; and retail trade, 9.6%. Of the industries that accounted for at least 5% of earnings in 2001, the slowest growing from 2000 to 2001 was construction (6.5% of earnings in 2001), which increased 0.2%; the fastest was state and local government, which increased 15.7%.

According to data released by the US Census Bureau, in 2000, the median household income was $35,349 compared to the national average of $42,148. In 2001, the median income for a family of four was $55,138 compared to the national average of $63,278. For the period 1999 to 2001, the average poverty rate was 12.4% which placed it 33rd among the 50 states and the District of Columbia ranked lowest to highest.