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An income of $0.88 in Birmingham equals an income of $1.27 in San Jose with the U.S as a whole having an average PCPI of $1.00. To put it another way, the purchasing power of a dollar compared to the U.S. average is $1.13 in Birmingham and $0.79 in San Jose. The net impact of accounting for differences in the purchasing power of a dollar in ...
U.S. Bureau of Economic Analysis. Larger US metro areas by historical development of per capita personal income in current US Dollar. Metropolitan statistical area. 2022. 2020. 2010. 2000. 1990. 1980.
The chart below depicts the 100 highest income counties in the United States by median household income according to the 2020 United States census. [2] Virginia has the most counties in the top 100 with 18 followed by California with 11; Maryland with 10; New Jersey with nine; New York and Texas with six each; Illinois with five; Colorado, Massachusetts, and Minnesota with four each; Ohio and ...
Personal income is an individual's total earnings from wages, investment interest, and other sources. The Bureau of Labor Statistics reported a median weekly personal income of $1,139 for full-time workers in the United States in Q1 2024. [ 1 ] For the year 2022, the U.S. Census Bureau estimates that the median annual earnings for all workers ...
Map of locations by per capita income. Areas with higher levels of income are shaded darker. Massachusetts is the second wealthiest state in the United States of America, with a median household income of $89,026 (as of 2021), [1] and a per capita income of $48,617 (as of 2021). [2] Many of the state's wealthiest towns are located in the Boston ...
Income is up in 2024 According to the Census Bureau, real median pre-tax household income reached $80,610 in 2023 — up 4% since 2022, when real median household income was $77,540.
Two common measurements of the average annual income of individuals in the United States are: per capita income (PCI) and per capita personal income (PCPI). Per capita personal income is the more comprehensive of the two measures, and thus PCPI for an individual, county, or state will be higher than PCI.
The Bureau of Economic Analysis has calculated that the regional price parity of U.S. states ranges from 84.4 in Mississippi (the cheapest state in which to live) to Hawaii at 119.3 (the most expensive state). In other words, an income of $0.84 in Mississippi equals an income of $1.19 in Hawaii with the U.S as a whole having an average PCPI of ...