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Ohio is the twenty-second-wealthiest state in the United States of America, with a per capita income of $21,003 (2000). [ 1 ] Ohio counties ranked by per capita income
The difference in estimates of per capita income and per capita personal income is large. In 2019, the U.S. Census Bureau calculated a per capita income of the United States as 34,103 dollars. [4] The U.S. Bureau of Economic Analysis calculated the PCPI as 56,490 dollars. [5]
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Michigan earned the highest ranking for the Midwest, earning the 19th-best economy, while Pennsylvania (No. 34), Indiana (No. 38), Illinois (No. 39) and Wisconsin (No. 40) finished just ahead of Ohio.
The economy of Ohio nominally would be the 20th largest global economy (behind Turkey and ahead of Switzerland) according to The World Bank as of 2022. [8] The state had a GDP of $822.67 billion in 2022, which is 3.23% of the United States total, [9] ranking 7th in the nation behind Pennsylvania and ahead of Georgia. [10]
Consumer Price Index for Americans 62 years of age and older (R-CPI-E): This index re-weights prices from the CPI-U data to track spending for households with at least one consumer age 62 or older.
Rank Metropolitan statistical area Population Per capita income 1 Washington-Arlington-Alexandria, D.C-Virginia-Maryland MSA 5,949,178 $47,411 2 San Jose-Santa Clara-Sunnyvale, California MSA 1,918,944 $40,392 3 Seattle-Tacoma-Bellevue, Washington MSA 3,611,644 $39,322 4 San Francisco-Oakland-Hayward, California MSA 4,122,177 $38,355 5
The per capita income was $25,668. Persons living below the poverty line was 15.1%. [ 10 ] According to a study by Capgemini and the World Wealth Report by Merrill Lynch, the Cleveland area has nearly 54,000 millionaire households, and is expected to continue to grow at 17% over the next five years.