MERIC NEWS LETTER

2010 Personal Income for Metropolitan Areas Released

 

Picture of Metro Missour City Personal income rose in 2010 in all but four of the nation's 366 metropolitan statistical areas (MSAs), according to estimates from the U.S. Bureau of Economic Analysis. Personal income in the metropolitan portion of the United States rose 2.9 percent in 2010 after falling 1.9 percent in 2009. The largest personal income growth in 2010 for Missouri was the Columbia MSA with 3.5 percent growth followed by Jefferson City MSA (2.7%) and Joplin MSA (2.5%).

Personal income is the income received by all persons from all sources. Personal income is the sum of net earnings by place of residence, rental income of persons, personal dividend income, personal interest income, and personal current transfer receipts. Personal income is measured before the deduction of personal income taxes and other personal taxes and is reported in current dollars (no adjustment is made for price changes).

Personal Income by Metropolitan Area, 2008-2010
Area Millions of dollars Percent change from preceding period
Metropolitan Portion of the United States 2008 2009 2010 2009 2010
Cape Girardeau-Jackson, MO-IL 3,017 3,073 3,146 1.9 2.4
Columbia, MO 5,980 6,079 6,293 1.7 3.5
Jefferson City, MO 5,091 5,115 5,253 0.5 2.7
Joplin, MO 5,175 5,200 5,328 0.5 2.5
Kansas City, MO-KS 84,584 83,610 85,217 -1.2 1.9
St. Joseph, MO-KS 4,006 4,074 4,122 1.7 1.2
St. Louis, MO-IL 119,122 115,220 117,421 -3.3 1.9
Springfield, MO 13,703 13,683 13,968 -0.1 2.1

Source: U. S. Bureau of Economic Analysis

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