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Personal Income in large counties 68% of U.S. Income

According to the Bureau of Economic Analysis Wednesday, April 25th, 8:30 A.M. 2012 report, Personal Income in large counties represented a significant percentage of personal income in the United States.

Personal income in large counties–counties with population statistics with a minimum of 250,000 people – represents 8 percent of the 3,113 counties in the U.S..

However, for personal income, they account for 68 percent of personal for the nation.   The following statistics of the 261 counties for 2010:

  • Net earnings (Which are wages and salaries, and proprietors’ income, less contributions for government social insurance) represented 66 percent of personal income, meanwhile,  property income (personal dividends, interest, and rent) contributed 17 percent and transfer receipts (which includes Social Security, Medicare, and unemployment insurance), and represented 17 percent.
  • Net earnings increased 3.0 percent, which is an increase of  -5.5 percent in 2009.   Property income also increased  2.9 percent, up from -16.7 percent. Transfer receipts increased 7.3 percent, decrease from 14.1 percent.
  • Personal income increases ranged from 8.7 percent in Loudoun, Virginia to -2.8 percent in St. Joseph, Indiana.
  • Per capita personal income varied from $111,386 in New York (Manhattan), New York to $20,946 in Hidalgo, Texas.

Personal Income in Large U.S. Counties info Resources:

U.S. Department of Commerce – Helps american businesses become more innovative at home and competitive abroad.

U.S. Bureau of Economic Analysis – Provides statistics on consumer spending, corporate profits, travel and tourism and much more.

Entrepreneurworld – Resource for Entrepreneurs, including starting your own business, growing your business.

Bureau of Labor Statistics – Provides companies with up to date information on employment, demand, hiring, productivity and other information that may be useful to companies.

International Trade Administration – Creates jobs and economic growth by promoting U.S. companies abroad to governments in other countries.

Personal Income in large U.S. Counties additional resources:

Department of Labor – Provides information on many labor issues that can be useful to companies, such as insurance, regulation, wages, wage hours, compensation, safety and health

U.S. Patent and Trademark Office – U.S. office to file patents to protect a companies new or existing proprietary products.

U.S. Trade and Development Agency – Promotes U.S. Exports to Foreign Countries, please review if your company is interested in exporting goods to foreign countries.

CEO Refresher – A monthly newsletter on creative leadership ideas. Short articles, brief book reviews, models, management tools, quotations and commentary.

E-Network for CEOs – Online articles and much more for CEO’s

Public Radio Planet Money – All issues money related to the public.

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