Missouri 2011 Personal and Per Capita Income

According to data from the U.S. Bureau of Economic Analysis (BEA), Missouri’s personal income increased by 4.2 percent in 2011 to $229.9 billion. The nation's personal income rose 5.1 percent to just under $13 trillion last year.

Personal income is defined as the income received by all persons from participation in production, from government and business transfer payments, and from interest. Personal income is measured before the deduction of taxes and is reported in current dollars.

California led the nation in total personal income with more than $1.6 trillion. Texas, New York, Florida, and Illinois round out the top five. Vermont, Wyoming, North Dakota, Alaska and South Dakota reported the lowest personal income totals. Missouri was 22nd overall in total 2011 state personal income.


Missouri had the 3rd highest total personal income when compared to surrounding states. Only Illinois ($568 billion) and Tennessee ($234 billion) ranked higher.

Personal income increased in every state this year. Maine had the smallest increase in personal income at 3.4 percent.

 2011 Top 25 States Personal Income ($Millions)
Rank Area 2011 Percent Change 2010 to 2011
** United States  $12,981,741 5.1%
1 California  $1,676,565 5.6%
2 Texas  $1,016,529 6.6%
3 New York  $983,868 4.4%
4  Florida      $753,983 4.7%
5 Illinois   $568,049 5.2%
6 Pennsylvania  $541,297 4.8%
7 New Jersey $469,115 4.2%
8 Ohio $436,297 4.6%
9 Virginia  $371,796 4.7%
10 Michigan $360,806 5.2%
11 Georgia  $354,372 5.0%
12 Massachusetts  $353,228 5.0%
13 North Carolina $349,212 4.3%
14 Washington  $302,529 5.3%
15 Maryland $297,465 4.9%
16 Minnesota $238,768 5.1%
17 Tennessee  $233,933 5.4%
18 North Dakota $232,560 5.0%
19  Arizona $232,560 5.0%
20 Indiana  $231,674 5.0%
21 Missouri  $229,898 4.2%
22 Wisconsin $228,888 5.2%
23 Colorado  $225,591 5.7%
24 Connecticut $203,703 5.0%
25 Louisiana $176,489 4.8%

 

Per capita personal income in Missouri in 2011 was $38,248. Nationally, per capita income was higher than Missouri at $41,663. Per capita income is defined as total personal income divided by total population.

The District of Columbia led the nation in per capita income at $73,105 followed by Connecticut ($56,889), Massachusetts ($53,629), New Jersey ($53,181), and Maryland ($51,038). Mississippi had the lowest per capita income at $32,176. Missouri ($36,979) ranked 31st overall in 2011 per capita personal income.

Compared to its surrounding states, Missouri ($38,348) ranked 5th in per capita personal income. Illinois ($43,159), Nebraska (41,584), Kansas ($40,481), and Iowa ($40,470) had higher per capita income.

Per Capita Personal Income 2011
Area Dollars
United States  $41,663
District of Columbia $73,105
Connecticut  $56,889
Massachusetts  $53,621
New Jersey $53,181
Maryland   $51,038
New York $50,545
Wyoming $47,301
Virginia $45,920
New Hampshire $45,787
North Dakota $45,747
Alaska $45,529
Minnesota $44,672
California $44,481
Washington $44,294
Illinois  $44,140
Colorado  $44,088
Rhode Island  $43,992
Hawaii  $43,053
Pennsylvania  $42,478
Vermont  $41,832
Delaware $41,635
South Dakota $41,590
Nebraska                                                  $41,584
Kansas                                                     $40,481
Iowa                                                       $40,470
Wisconsin  $40,073
Texas    $39,593
Florida                                                    $39,563
Louisiana  $38,578
Missouri  $38,248
Nevada $38,173
Maine $37,973
Oregon $37,909
Ohio $37,791
Oklahoma $37,277
Montana  $36,573
Michigan  $36,533
Tennessee  $36,533
North Carolina  $36,164
Georgia $36,104
Arizona $35,875
Indiana  $35,550
Alabama $34,650
New Mexico  $34,575
Arkansas  $34,014
Utah $33,790
South Carolina  $33,673
Kentucky $33,667
West Virginia  $33,513
Idaho $33,326
Mississippi  $32,176


State personal income estimates were revised March 23, 2011 to reflect the results of the annual revision to the national income and product accounts released in July 2010 and to incorporate newly available state-level source data. The per capita personal income estimates for 2010 are calculated using the April 1, 2010 decennial census population counts that were released by the Census Bureau on December 21, 2010. Revised estimates of per capita personal income for 2001-2009 are not released at this time because intercensal state population estimates consistent with the 2000 and 2010 decennial census counts are not currently available. In September 2011, BEA plans to release revised state personal income estimates for 2008-2010 and estimates of state per capita income for 2001-2010.

Source: U.S. Bureau of Economic Analysis.

 


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