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ND Oil Boom Boosting Household Income - Valley News Live - KVLY/KXJB - Fargo/Grand Forks

ND Oil Boom Boosting Household Income

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BISMARCK, N.D. (AP) - Demographers say North Dakota's oil boom has helped boost the state's median household income and positively impacted salaries in South Dakota. U.S. Census Bureau statistics released Thursday show North Dakota's median household income rose to $53,585 last year, up from $52,763 in 2011. 

North Dakota census manager Kevin Iverson says the state's oil boom is creating a "spillage affect" that is impacting neighboring state's average salaries. 

Data show South Dakota's median household income dropped slightly to $48,362 last year compared to $49,435 in 2011. 

South Dakota's state demographer Mike McCurry says his state's diversified economy has helped it weather a national economic downturn. But he says North Dakota also helped keep income levels stable in South Dakota, with some residents crossing the border for employment.

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