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BEA: Local Area Personal Income, 2009

“Today, the Bureau of Economic Analysis (BEA) released estimates of personal income at the county level for 2009. Among large counties (those with a population of more than 250,000) the change in personal income from 2008 to 2009 ranged from an 8.1 percent decline (in Oakland County, Michigan) to a 4.2 percent gain (in Loudoun County, Virginia). Growth slowed in all but one of the nation’s 255 large counties. For the nation, personal income fell 1.7 percent in 2009 after growing 4.0 percent in 2008. Per capita personal income (personal income divided by population) in large counties in 2009 ranged from $20,509 in Hidalgo County, Texas to $105,554 in New York County, New York (Manhattan). Among small counties, those with populations less than 50,000, swings in farm income accounted for much of the change in personal income from 2008 to 2009…A narrative for each county describing personal income using current estimates, growth rates, and a breakdown of the sources of personal income is available here.”

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