Economic Development Futures Journal

Wednesday, November 16, 2005

counter statistics

North Dakota: A Lesson in Senior Economics

North Dakota's senior citizens generate annual income of almost $1.9 billion and comprise a growing market for entrepreneurs, a new analysis of census figures shows. Some communities are starting to take notice.

State residents 65 and older have incomes comprising 16.5 percent of the state's total income, according to the North Dakota State Data Center. They also hold more than half of the state's interest income, which includes dividends and rents, an important source of investment funds, said center director Richard Rathge. Read more here.

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