Archive for the 'Local Area Personal Income' Category

Local Area Personal Income: 2014

Personal income grew in 2014 in 2,662 counties, fell in 438, and was unchanged in 13. On average, personal income rose 4.6 percent in 2014 in the metropolitan portion of the United States and rose 3.2 percent in the nonmetropolitan portion. The metropolitan and nonmetropolitan portions grew 1.1 percent and 1.9 percent, respectively, in 2013. The percent change from 2013 to 2014 in personal income ranged from -35.1 percent in Wallace County, Kansas to 83.7 percent in McPherson County, Nebraska.

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Per capita personal income—personal income divided by population—is a useful metric for making comparisons of the level of personal income across counties. Per capita personal income for 2014 ranged from $15,787 in Wheeler County, Georgia to $194,485 in Teton County, Wyoming.

For more information, read the full report.

Local Area Personal Income: 2013

Personal income grew in 2013 in 2,695 counties, fell in 390, and was unchanged in 28. On average, personal income rose 2.0 percent in 2013 in the metropolitan portion of the United States and rose 2.1 percent in the nonmetropolitan portion. The metropolitan and nonmetropolitan portions grew 5.3 percent and 4.4 percent, respectively, in 2012. The percent change from 2012 to 2013 in personal income ranged from -35.0 percent in Lamoure County, North Dakota to 32.3 percent in Greeley County, Kansas. Inflation, as measured by the national price index for personal consumption expenditures, slowed to 1.2 percent in 2013 from 1.8 percent in 2012.

Local Area Personal Income

Per capita personal income—personal income divided by population–is a useful metric for making comparisons of the level of personal income across counties. Per capita personal income for 2013 ranged from $17,536 in Telfair County, Georgia to $121,632 in New York County, New York.

Read the full report.

 

BEA Restores Local Economic Statistics That Were Eliminated Due to 2013 Budget Sequester

On May 5th, the Bureau of Economic Analysis (BEA) restored detailed estimates on employment, farm income and expenses, and personal current transfer receipts as well as expanded industrial detail for compensation and earning for 108 industries to its Local Area Personal Income (LAPI) program.

The current transfer receipts statistics can be found in the redesigned LAPI table CA35. The redesigned table continues to include major categories such as: Social Security benefits; Medicare benefits; Military medical insurance benefits; Supplemental security income benefits; Supplemental nutrition assistance program benefits; State unemployment insurance compensation; and Veterans benefits.

The CA35 table also includes new detail on the Earned income tax credit. The CA35 table continues to be fully consistent with State tables SA35 and SQ35 which present annual and quarterly State statistics on personal current transfer receipts.

CA35 Personal current transfer receipts
LineCode Description
1000 Personal current transfer receipts (thousands of dollars)
2000 Current transfer receipts of individuals from governments
2100 Retirement and disability insurance benefits
2110 Social Security benefits
2120 Excluding Social Security benefits
2200 Medical benefits
2210 Medicare benefits
2220 Public assistance medical care benefits
2230 Military medical insurance benefits
2300 Income maintenance benefits
2310 Supplemental security income (SSI) benefits
2320 Earned Income Tax Credit (EITC)
2330 Supplemental Nutrition Assistance Program (SNAP)
2340 Other income maintenance benefits
2400 Unemployment insurance compensation
2410 State unemployment insurance compensation
2420 Excluding state unemployment insurance compensation
2500 Veterans benefits
2600 Education and training assistance
2700 Other transfer receipts of individuals from governments
3000 Current transfer receipts of nonprofit institutions
4000 Current transfer receipts of individuals from businesses

Thank you for your continued interest and support for BEA’s LAPI program. For further information about the statistics, contact the Regional Income Division at 202-606-5360, or e-mail reis@bea.gov.


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