Page 18 - FY 2022-23 Proposed Budget

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
(1)
Personal Income Personal Income
Year and Area (thousands of dollars) (dollars)
2016
County $ 581,458,264 $57,538
(2)
(3)
State 2,273,557,500 58,074
United States 16,151,881,000 49,995
(3)
2017
County $ 602,431,122 $59,625
(2)
State 2,383,130,500 60,581
(3)
United States 16,937,582,000 52,096
(3)
2018
County $ 627,608,360 $62,300
(2)
State 2,514,503,400 63,759
(3)
United States 17,839,255,000 54,581
(3)
2019
County $ 653,482,910 $65,094
State 2,632,279,800 66,745
(3)
United States 18,542,262,000 56,474
(3)
2020
(2)
County N/A N/A
(3)
State $ 2,814,010,800 $71,480
(3)
United States 19,679,715,100 59,729
(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 2015 to 2019 reflect county population
estimates as of March 2020.
(2) Last updated: November 17, 2020 – new statistics for 2019; revised statistics for 2016 – 2018.
(3) Last updated: March 24, 2021 – new statistics for 2020; revised statistics for 2016 – 2019.
Source: U.S. Bureau of Economic Analysis, “Table SAINC1: Personal Income Summary” and “Table CAINC1: Personal
Income Summary” (accessed December 7, 2020).

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