Page 18 - 2020-21 Budget Summary

Personal Income
The U.S. Census Bureau defines personal income as the income received by all persons from all sources,
and is the sum of “net earnings,” rental income, dividend income, interest income, and transfer receipts.
“Net earnings” is defined as wage and salary, supplements to wages and salaries, and proprietors’ income,
less contributions for government social insurance, before deduction of personal income and other taxes.
Table 5 summarizes the latest available estimate of personal income for the County, State and United
States.

Table 5
COUNTY, STATE AND U.S. PERSONAL INCOME

Per Capita
Personal Income Personal Income
(1)
Year and Area (thousands of dollars) (dollars)

2014
County $ 524,858,923 $52,233
(2)
State 2,021,038,500 52,324
(3)
United States 14,982,715,000 47,058
(3)

2015
County $ 560,086,671 $55,470
(2)
State 2,171,947,400 55,758
(3)
United States 15,709,242,000 48,978
(3)

2016
County $ 578,154,382 $57,127
(2)
State 2,263,889,800 57,739
(3)
United States 16,111,636,000 49,870
(3)

2017
County $ 597,597,564 $59,058
(2)
State 2,370,112,400 60,156
(3)
United States 16,870,106,000 51,885
(3)

2018
County $ 628,808,732 $62,224
State 2,514,129,300 63,557
(3)
United States 17,813,035,000 54,446
(3)

(1) Per capita personal income was computed using Census Bureau midyear population estimates. Per capita personal
income is total personal income divided by total midyear population. Estimates for 2014 to 2018 reflect county population
estimates as of March 2019.
(2) Last updated: November 14, 2019– new statistics for 2018; revised statistics for 2014 – 2017.
(3) Last updated: September 24, 2019; revised statistics for 2014 - 2018.

Source: U.S. Bureau of Economic Analysis, “Table CA1 Personal Income Summary.”
U.S. Bureau of Economic Analysis, “Table SA1 Personal Income Summary.”

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