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BEARFACTS, 1994-2004
County Total and Per Capita Personal Income Estimates
from the United States Bureau of Economic Analysis

Cook County

Kane County

Lake County

Will County

DuPage County

Kendall County

McHenry County


BEARFACTS, 1993-2003
BEARFACTS, 1992-2002
BEARFACTS, 1991-2001
BEARFACTS, 1990-2000
BEARFACTS, 1989-1999
BEARFACTS, 1988-1998
BEARFACTS, 1987-1997

BEARFACTS, 1986-1996
BEARFACTS, 1985-1995

*All income estimates except Per Capita Personal Income (PCPI) are in thousands of dollars,
not adjusted for inflation
.
Click here for income definitions


Cook County, Illinois 1994-2004

Cook is one of 102 counties in Illinois. It is part of the Chicago-Naperville-Joliet, IL-IN-WI (MSA). Its 2004 population of 5,327,165 ranked 1st in the state.

PER CAPITA PERSONAL INCOME

In 2004 Cook had a per capita personal income (PCPI) of $37,030. This PCPI ranked 3rd in the state and was 107 percent of the state average, $34,721, and 112 percent of the national average, $33,050. The 2004 PCPI reflected an increase of 3.8 percent from 2003. The 2003-2004 state change was 2.9 percent and the national change was 5.0 percent. In 1994 the PCPI of Cook was $25,111 and ranked 3rd in the state. The 1994-2004 average annual growth rate of PCPI was 4.0 percent. The average annual growth rate for the state was 3.8 percent and for the nation was 4.1 percent.

TOTAL PERSONAL INCOME

In 2004 Cook had a total personal income (TPI) of $197,262,645. This TPI ranked 1st in the state and accounted for 44.7 percent of the state total. In 1994 the TPI of Cook was $132,138,381 and ranked 1st in the state. The 2004 TPI reflected an increase of 3.3 percent from 2003. The 2003-2004 state change was 3.4 percent and the national change was 6.0 percent. The 1994-2004 average annual growth rate of TPI was 4.1 percent. The average annual growth rate for the state was 4.5 percent and for the nation was 5.2 percent.

COMPONENTS OF TOTAL PERSONAL INCOME

Total personal income includes net earnings by place of residence; dividends, interest, and rent; and personal current transfer receipts received by the residents of Cook. In 2004 net earnings accounted for 70.3 percent of TPI (compared with 67.6 in 1994); dividends, interest, and rent were 16.4 percent (compared with 19.0 in 1994); and personal current transfer receipts were 13.3 percent (compared with 13.4 in 1994). From 2003 to 2004 net earnings increased 3.3 percent; dividends, interest, and rent increased 3.8 percent; and personal current transfer receipts increased 3.0 percent. From 1994 to 2004 net earnings increased on average 4.5 percent each year; dividends, interest, and rent increased on average 2.6 percent; and personal current transfer receipts increased on average 4.1 percent.

EARNINGS BY PLACE OF WORK

Earnings of persons employed in Cook increased from $174,291,220 in 2003 to $180,761,306 in 2004, an increase of 3.7 percent. The 2003-2004 state change was 3.5 percent and the national change was 6.3 percent. The average annual growth rate from the 1994 estimate of $117,393,663 to the 2004 estimate was 4.4 percent. The average annual growth rate for the state was 4.7 percent and for the nation was 5.5 percent.

Note: All income estimates with the exception of PCPI are in thousands of dollars, not adjusted for inflation.


DuPage County, Illinois 1994-2004

DuPage is one of 102 counties in Illinois. It is part of the Chicago-Naperville-Joliet, IL-IN-WI (MSA). Its 2004 population of 928,126 ranked 2nd in the state.

PER CAPITA PERSONAL INCOME

In 2004 DuPage had a per capita personal income (PCPI) of $47,254. This PCPI ranked 2nd in the state and was 136 percent of the state average, $34,721, and 143 percent of the national average, $33,050. The 2004 PCPI reflected an increase of 3.5 percent from 2003. The 2003-2004 state change was 2.9 percent and the national change was 5.0 percent. In 1994 the PCPI of DuPage was $32,227 and ranked 2nd in the state. The 1994-2004 average annual growth rate of PCPI was 3.9 percent. The average annual growth rate for the state was 3.8 percent and for the nation was 4.1 percent.

TOTAL PERSONAL INCOME

In 2004 DuPage had a total personal income (TPI) of $43,857,580. This TPI ranked 2nd in the state and accounted for 9.9 percent of the state total. In 1994 the TPI of DuPage was $27,257,380 and ranked 2nd in the state. The 2004 TPI reflected an increase of 3.9 percent from 2003. The 2003-2004 state change was 3.4 percent and the national change was 6.0 percent. The 1994-2004 average annual growth rate of TPI was 4.9 percent. The average annual growth rate for the state was 4.5 percent and for the nation was 5.2 percent.

COMPONENTS OF TOTAL PERSONAL INCOME

Total personal income includes net earnings by place of residence; dividends, interest, and rent; and personal current transfer receipts received by the residents of DuPage. In 2004 net earnings accounted for 76.5 percent of TPI (compared with 76.7 in 1994); dividends, interest, and rent were 16.7 percent (compared with 17.1 in 1994); and personal current transfer receipts were 6.9 percent (compared with 6.2 in 1994). From 2003 to 2004 net earnings increased 4.1 percent; dividends, interest, and rent increased 3.4 percent; and personal current transfer receipts increased 2.2 percent. From 1994 to 2004 net earnings increased on average 4.8 percent each year; dividends, interest, and rent increased on average 4.6 percent; and personal current transfer receipts increased on average 5.9 percent.

EARNINGS BY PLACE OF WORK

Earnings of persons employed in DuPage increased from $36,594,677 in 2003 to $38,488,678 in 2004, an increase of 5.2 percent. The 2003-2004 state change was 3.5 percent and the national change was 6.3 percent. The average annual growth rate from the 1994 estimate of $21,977,074 to the 2004 estimate was 5.8 percent. The average annual growth rate for the state was 4.7 percent and for the nation was 5.5 percent.

Note: All income estimates with the exception of PCPI are in thousands of dollars, not adjusted for inflation.


Kane County, Illinois 1994-2004

Kane is one of 102 counties in Illinois. It is part of the Chicago-Naperville-Joliet, IL-IN-WI (MSA). Its 2004 population of 472,761 ranked 5th in the state.

PER CAPITA PERSONAL INCOME

In 2004 Kane had a per capita personal income (PCPI) of $31,389. This PCPI ranked 13th in the state and was 90 percent of the state average, $34,721, and 95 percent of the national average, $33,050. The 2004 PCPI reflected an increase of 2.8 percent from 2003. The 2003-2004 state change was 2.9 percent and the national change was 5.0 percent. In 1994 the PCPI of Kane was $24,732 and ranked 5th in the state. The 1994-2004 average annual growth rate of PCPI was 2.4 percent. The average annual growth rate for the state was 3.8 percent and for the nation was 4.1 percent.

TOTAL PERSONAL INCOME

In 2004 Kane had a total personal income (TPI) of $14,839,382. This TPI ranked 5th in the state and accounted for 3.4 percent of the state total. In 1994 the TPI of Kane was $8,574,129 and ranked 5th in the state. The 2004 TPI reflected an increase of 6.0 percent from 2003. The 2003-2004 state change was 3.4 percent and the national change was 6.0 percent. The 1994-2004 average annual growth rate of TPI was 5.6 percent. The average annual growth rate for the state was 4.5 percent and for the nation was 5.2 percent.

COMPONENTS OF TOTAL PERSONAL INCOME

Total personal income includes net earnings by place of residence; dividends, interest, and rent; and personal current transfer receipts received by the residents of Kane. In 2004 net earnings accounted for 77.9 percent of TPI (compared with 75.3 in 1994); dividends, interest, and rent were 12.5 percent (compared with 16.5 in 1994); and personal current transfer receipts were 9.6 percent (compared with 8.2 in 1994). From 2003 to 2004 net earnings increased 6.1 percent; dividends, interest, and rent increased 4.2 percent; and personal current transfer receipts increased 7.7 percent. From 1994 to 2004 net earnings increased on average 6.0 percent each year; dividends, interest, and rent increased on average 2.8 percent; and personal current transfer receipts increased on average 7.3 percent.

EARNINGS BY PLACE OF WORK

Earnings of persons employed in Kane increased from $9,966,395 in 2003 to $10,575,710 in 2004, an increase of 6.1 percent. The 2003-2004 state change was 3.5 percent and the national change was 6.3 percent. The average annual growth rate from the 1994 estimate of $5,533,053 to the 2004 estimate was 6.7 percent. The average annual growth rate for the state was 4.7 percent and for the nation was 5.5 percent.

Note: All income estimates with the exception of PCPI are in thousands of dollars, not adjusted for inflation.


Kendall County, Illinois 1994-2004

Kendall is one of 102 counties in Illinois. It is part of the Chicago-Naperville-Joliet, IL-IN-WI (MSA). Its 2004 population of 72,704 ranked 21st in the state.

PER CAPITA PERSONAL INCOME

In 2004 Kendall had a per capita personal income (PCPI) of $31,360. This PCPI ranked 14th in the state and was 90 percent of the state average, $34,721, and 95 percent of the national average, $33,050. The 2004 PCPI reflected an increase of 0.8 percent from 2003. The 2003-2004 state change was 2.9 percent and the national change was 5.0 percent. In 1994 the PCPI of Kendall was $23,204 and ranked 8th in the state. The 1994-2004 average annual growth rate of PCPI was 3.1 percent. The average annual growth rate for the state was 3.8 percent and for the nation was 4.1 percent.

TOTAL PERSONAL INCOME

In 2004 Kendall had a total personal income (TPI) of $2,279,966. This TPI ranked 20th in the state and accounted for 0.5 percent of the state total. In 1994 the TPI of Kendall was $1,011,228 and ranked 26th in the state. The 2004 TPI reflected an increase of 9.3 percent from 2003. The 2003-2004 state change was 3.4 percent and the national change was 6.0 percent. The 1994-2004 average annual growth rate of TPI was 8.5 percent. The average annual growth rate for the state was 4.5 percent and for the nation was 5.2 percent.

COMPONENTS OF TOTAL PERSONAL INCOME

Total personal income includes net earnings by place of residence; dividends, interest, and rent; and personal current transfer receipts received by the residents of Kendall. In 2004 net earnings accounted for 80.2 percent of TPI (compared with 77.8 in 1994); dividends, interest, and rent were 11.9 percent (compared with 15.0 in 1994); and personal current transfer receipts were 7.9 percent (compared with 7.2 in 1994). From 2003 to 2004 net earnings increased 10.6 percent; dividends, interest, and rent increased 2.8 percent; and personal current transfer receipts increased 6.5 percent. From 1994 to 2004 net earnings increased on average 8.8 percent each year; dividends, interest, and rent increased on average 6.0 percent; and personal current transfer receipts increased on average 9.4 percent.

EARNINGS BY PLACE OF WORK

Earnings of persons employed in Kendall increased from $852,895 in 2003 to $958,785 in 2004, an increase of 12.4 percent. The 2003-2004 state change was 3.5 percent and the national change was 6.3 percent. The average annual growth rate from the 1994 estimate of $525,469 to the 2004 estimate was 6.2 percent. The average annual growth rate for the state was 4.7 percent and for the nation was 5.5 percent.

Note: All income estimates with the exception of PCPI are in thousands of dollars, not adjusted for inflation.


Lake County, Illinois 1994-2004

Lake is one of 102 counties in Illinois. It is part of the Chicago-Naperville-Joliet, IL-IN-WI (MSA). Its 2004 population of 692,869 ranked 3rd in the state.

PER CAPITA PERSONAL INCOME

In 2004 Lake had a per capita personal income (PCPI) of $47,417. This PCPI ranked 1st in the state and was 137 percent of the state average, $34,721, and 143 percent of the national average, $33,050. The 2004 PCPI reflected an increase of 2.8 percent from 2003. The 2003-2004 state change was 2.9 percent and the national change was 5.0 percent. In 1994 the PCPI of Lake was $33,526 and ranked 1st in the state. The 1994-2004 average annual growth rate of PCPI was 3.5 percent. The average annual growth rate for the state was 3.8 percent and for the nation was 4.1 percent.

TOTAL PERSONAL INCOME

In 2004 Lake had a total personal income (TPI) of $32,853,953. This TPI ranked 3rd in the state and accounted for 7.4 percent of the state total. In 1994 the TPI of Lake was $19,021,451 and ranked 3rd in the state. The 2004 TPI reflected an increase of 4.4 percent from 2003. The 2003-2004 state change was 3.4 percent and the national change was 6.0 percent. The 1994-2004 average annual growth rate of TPI was 5.6 percent. The average annual growth rate for the state was 4.5 percent and for the nation was 5.2 percent.

COMPONENTS OF TOTAL PERSONAL INCOME

Total personal income includes net earnings by place of residence; dividends, interest, and rent; and personal current transfer receipts received by the residents of Lake. In 2004 net earnings accounted for 73.1 percent of TPI (compared with 73.4 in 1994); dividends, interest, and rent were 20.4 percent (compared with 20.9 in 1994); and personal current transfer receipts were 6.5 percent (compared with 5.7 in 1994). From 2003 to 2004 net earnings increased 4.7 percent; dividends, interest, and rent increased 3.5 percent; and personal current transfer receipts increased 4.0 percent. From 1994 to 2004 net earnings increased on average 5.6 percent each year; dividends, interest, and rent increased on average 5.4 percent; and personal current transfer receipts increased on average 7.0 percent.

EARNINGS BY PLACE OF WORK

Earnings of persons employed in Lake increased from $22,619,537 in 2003 to $23,785,528 in 2004, an increase of 5.2 percent. The 2003-2004 state change was 3.5 percent and the national change was 6.3 percent. The average annual growth rate from the 1994 estimate of $12,243,554 to the 2004 estimate was 6.9 percent. The average annual growth rate for the state was 4.7 percent and for the nation was 5.5 percent.

Note: All income estimates with the exception of PCPI are in thousands of dollars, not adjusted for inflation.


McHenry County, Illinois 1994-2004

McHenry is one of 102 counties in Illinois. It is part of the Chicago-Naperville-Joliet, IL-IN-WI (MSA). Its 2004 population of 296,260 ranked 6th in the state.

PER CAPITA PERSONAL INCOME

In 2004 McHenry had a per capita personal income (PCPI) of $34,881. This PCPI ranked 4th in the state and was 100 percent of the state average, $34,721, and 106 percent of the national average, $33,050. The 2004 PCPI reflected an increase of 3.7 percent from 2003. The 2003-2004 state change was 2.9 percent and the national change was 5.0 percent. In 1994 the PCPI of McHenry was $24,924 and ranked 4th in the state. The 1994-2004 average annual growth rate of PCPI was 3.4 percent. The average annual growth rate for the state was 3.8 percent and for the nation was 4.1 percent.

TOTAL PERSONAL INCOME

In 2004 McHenry had a total personal income (TPI) of $10,333,931. This TPI ranked 6th in the state and accounted for 2.3 percent of the state total. In 1994 the TPI of McHenry was $5,470,268 and ranked 7th in the state. The 2004 TPI reflected an increase of 6.5 percent from 2003. The 2003-2004 state change was 3.4 percent and the national change was 6.0 percent. The 1994-2004 average annual growth rate of TPI was 6.6 percent. The average annual growth rate for the state was 4.5 percent and for the nation was 5.2 percent.

COMPONENTS OF TOTAL PERSONAL INCOME

Total personal income includes net earnings by place of residence; dividends, interest, and rent; and personal current transfer receipts received by the residents of McHenry. In 2004 net earnings accounted for 78.9 percent of TPI (compared with 77.1 in 1994); dividends, interest, and rent were 13.0 percent (compared with 15.6 in 1994); and personal current transfer receipts were 8.1 percent (compared with 7.3 in 1994). From 2003 to 2004 net earnings increased 7.3 percent; dividends, interest, and rent increased 3.2 percent; and personal current transfer receipts increased 4.3 percent. From 1994 to 2004 net earnings increased on average 6.8 percent each year; dividends, interest, and rent increased on average 4.7 percent; and personal current transfer receipts increased on average 7.7 percent.

EARNINGS BY PLACE OF WORK

Earnings of persons employed in McHenry increased from $4,421,078 in 2003 to $4,754,712 in 2004, an increase of 7.5 percent. The 2003-2004 state change was 3.5 percent and the national change was 6.3 percent. The average annual growth rate from the 1994 estimate of $2,541,753 to the 2004 estimate was 6.5 percent. The average annual growth rate for the state was 4.7 percent and for the nation was 5.5 percent.

Note: All income estimates with the exception of PCPI are in thousands of dollars, not adjusted for inflation.


Will County, Illinois 1994-2004

Will is one of 102 counties in Illinois. It is part of the Chicago-Naperville-Joliet, IL-IN-WI (MSA). Its 2004 population of 617,494 ranked 4th in the state.

PER CAPITA PERSONAL INCOME

In 2004 Will had a per capita personal income (PCPI) of $30,047. This PCPI ranked 22nd in the state and was 87 percent of the state average, $34,721, and 91 percent of the national average, $33,050. The 2004 PCPI reflected an increase of 0.7 percent from 2003. The 2003-2004 state change was 2.9 percent and the national change was 5.0 percent. In 1994 the PCPI of Will was $23,250 and ranked 6th in the state. The 1994-2004 average annual growth rate of PCPI was 2.6 percent. The average annual growth rate for the state was 3.8 percent and for the nation was 4.1 percent.

TOTAL PERSONAL INCOME

In 2004 Will had a total personal income (TPI) of $18,553,569. This TPI ranked 4th in the state and accounted for 4.2 percent of the state total. In 1994 the TPI of Will was $9,363,033 and ranked 4th in the state. The 2004 TPI reflected an increase of 6.2 percent from 2003. The 2003-2004 state change was 3.4 percent and the national change was 6.0 percent. The 1994-2004 average annual growth rate of TPI was 7.1 percent. The average annual growth rate for the state was 4.5 percent and for the nation was 5.2 percent.

COMPONENTS OF TOTAL PERSONAL INCOME

Total personal income includes net earnings by place of residence; dividends, interest, and rent; and personal current transfer receipts received by the residents of Will. In 2004 net earnings accounted for 79.2 percent of TPI (compared with 77.6 in 1994); dividends, interest, and rent were 11.1 percent (compared with 13.9 in 1994); and personal current transfer receipts were 9.7 percent (compared with 8.5 in 1994). From 2003 to 2004 net earnings increased 6.8 percent; dividends, interest, and rent increased 2.9 percent; and personal current transfer receipts increased 5.5 percent. From 1994 to 2004 net earnings increased on average 7.3 percent each year; dividends, interest, and rent increased on average 4.7 percent; and personal current transfer receipts increased on average 8.5 percent.

EARNINGS BY PLACE OF WORK

Earnings of persons employed in Will increased from $8,036,749 in 2003 to $8,539,290 in 2004, an increase of 6.3 percent. The 2003-2004 state change was 3.5 percent and the national change was 6.3 percent. The average annual growth rate from the 1994 estimate of $4,338,162 to the 2004 estimate was 7.0 percent. The average annual growth rate for the state was 4.7 percent and for the nation was 5.5 percent.

Note: All income estimates with the exception of PCPI are in thousands of dollars, not adjusted for inflation.


DEFINITIONS

Personal income is the income received by all persons from participation in production, from government and business transfer payments, and from government interest. Personal income is the sum of net earnings by place of residence, rental income of persons, personal dividend income, personal interest income, and transfer payments. Net earnings are earnings by place of work—the sum of wage and salary disbursements (payrolls), other labor income, and proprietors' income—less personal contributions for social insurance, plus an adjustment to convert earnings by place of work to a place- of-residence basis. 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).

The estimate of personal income in the United States is derived as the sum of the county estimates; it differs from the estimate of personal income in the national income and product accounts (NIPA's) because of differences in coverage and in the timing of the availability of source data.

As part of personal income, BEA prepares estimates of wage and salary disbursements by State and county. The Census Bureau and the Bureau of Labor Statistics (BLS) also prepare county-level estimates of wages and salaries.

The Census Bureau's County Business Patterns (CBP) employment and payroll data are an annual extension of the quinquennial economic censuses; the data are derived from surveys of business establishments and from Federal administrative records of the Internal Revenue Service, the Social Security Administration, and BLS. The data exclude agricultural production employees, household employees, and most government employees, which are included in BEA's estimates of wage and salary disbursements.

The BLS county wage data are derived from the Covered Employment and Wages, or ES-202, program; the data are tabulations of monthly employment and quarterly total wages of workers who are covered by State unemployment insurance (UI) and of Federal workers who are covered by the unemployment compensation for Federal employees (UCFE) program. The BLS data include civilian government and some agricultural production employees and household employees.

The BLS data account for 95 percent of the wage and salary component of BEA's estimates of personal income. The remainder consists of adjustments that BEA makes to account for employment and wages not covered, or not fully covered, by the State UI and UCFE programs.

Per capita personal income (PCPI) is the annual total personal income of residents divided by resident population as of July 1. In March 2006, the Census Bureau released county intercensal population estimates for 2000-2005 that were consistent with the April 1, 2000 Census counts.


Regional Economic Information System
Bureau of Economic Analysis (BEA), U.S. Department of Commerce, April 25, 2006.
Posted on NIPC web site on May 5, 2006
Directly available from BEA at http://www.bea.gov/bea/regional/bearfacts/


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