| northeastern illinois planning commission |
BEARFACTS,
1989-99
County Total and Per Capita Personal Income Estimates
from the United States Bureau of Economic Analysis
*All income estimates except Per Capita
Personal Income (PCPI) are in thousands of dollars. Cook County, Illinois 1989-99Cook is one of 102 counties in Illinois. It is part of the Chicago Metropolitan Area. Its 1999 population of 5,192,326 ranked 1st in the State. PER CAPITA PERSONAL INCOME In 1999, Cook had a per capita personal income (PCPI) of $33,398. This PCPI ranked 3rd in the State, and was 107 percent of the State average, $31,138, and 117 percent of the national average, $28,546. In 1989, the PCPI of Cook was $20,645 and ranked 4th in the State. The average annual growth rate of PCPI over the past 10 years was 4.9 percent. The average annual growth rate for the State was 4.7 percent and for the nation was 4.4 percent. TOTAL PERSONAL INCOME In 1999, Cook had a total personal income (TPI) of $173,415,335*. This TPI ranked 1st in the State and accounted for 45.9 percent of the State total. In 1989, the TPI of Cook was $105,790,559* and ranked 1st in the State. The average annual growth rate of TPI over the past 10 years was 5.1 percent. The average annual growth rate for the State was 5.4 percent and for the nation was 5.4 percent. COMPONENTS OF TOTAL PERSONAL INCOME Total personal income (TPI) includes the earnings (wages and salaries, other labor income, and proprietors's income); dividends, interest, and rent; and transfer payments received by the residents of Cook. In 1999, earnings were 68.1 percent of TPI (compared with 68.6 percent in 1989); dividends, interest, and rent were 20.3 percent (compared with 19.9 percent in 1989); and transfer payments were 11.6 percent (compared with 11.5 percent in 1989). From 1989 to 1999, earnings increased on average 5.0 percent each year; dividends, interest, and rent increased on average 5.3 percent; and transfer payments increased on average 5.2 percent. EARNINGS BY INDUSTRY Earnings of persons employed in Cook increased from $90,448,551* in 1989 to $145,452,506* in 1999, an average annual growth rate of 4.9 percent. The largest industries in 1999 were services, 33.3 percent of earnings; finance, insurance, and real estate, 13.5 percent; and state and local government, 9.4 percent. In 1989, the largest industries were services, 27.6 percent of earnings; durable goods manufacturing, 10.9 percent; and finance, insurance, and real estate, 10.2 percent. Of the industries that accounted for at least 5 percent of earnings in 1999, the slowest growing from 1989 to 1999 was wholesale trade (6.8 percent of earnings in 1999), which increased at an average annual rate of 1.3 percent; the fastest was finance, insurance, and real estate which increased at an average annual rate of 7.8 percent. DuPage County, Illinois 1989-99DuPage is one of 102 counties in Illinois. It is part of the Chicago Metropolitan Area. Its 1999 population of 892,547 ranked 2nd in the State. PER CAPITA PERSONAL INCOME In 1999, DuPage had a per capita personal income (PCPI) of $44,793. This PCPI ranked 2nd in the State, and was 144 percent of the State average, $31,138, and 157 percent of the national average, $28,546. In 1989, the PCPI of DuPage was $27,171 and ranked 1st in the State. The average annual growth rate of PCPI over the past 10 years was 5.1 percent. The average annual growth rate for the State was 4.7 percent and for the nation was 4.4 percent. TOTAL PERSONAL INCOME In 1999, DuPage had a total personal income (TPI) of $39,979,712*. This TPI ranked 2nd in the State and accounted for 10.6 percent of the State total. In 1989, the TPI of DuPage was $20,956,389* and ranked 2nd in the State. The average annual growth rate of TPI over the past 10 years was 6.7 percent. The average annual growth rate for the State was 5.4 percent and for the nation was 5.4 percent. COMPONENTS OF TOTAL PERSONAL INCOME Total personal income (TPI) includes the earnings (wages and salaries, other labor income, and proprietors's income); dividends, interest, and rent; and transfer payments received by the residents of DuPage. In 1999, earnings were 75.9 percent of TPI (compared with 75.6 percent in 1989); dividends, interest, and rent were 18.6 percent (compared with 19.0 percent in 1989); and transfer payments were 5.5 percent (compared with 5.3 percent in 1989). From 1989 to 1999, earnings increased on average 6.7 percent each year; dividends, interest, and rent increased on average 6.4 percent; and transfer payments increased on average 7.0 percent. EARNINGS BY INDUSTRY Earnings of persons employed in DuPage increased from $13,615,675* in 1989 to $32,154,040* in 1999, an average annual growth rate of 9.0 percent. The largest industries in 1999 were services, 37.1 percent of earnings; wholesale trade, 12.2 percent; and retail trade, 8.9 percent. In 1989, the largest industries were services, 34.7 percent of earnings; wholesale trade, 10.1 percent; and retail trade, 10.0 percent. Of the industries that accounted for at least 5 percent of earnings in 1999, the slowest growing from 1989 to 1999 was construction (6.3 percent of earnings in 1999), which increased at an average annual rate of 5.8 percent; the fastest was finance, insurance, and real estate which increased at an average annual rate of 14.3 percent. Kane County, Illinois 1989-99Kane is one of 102 counties in Illinois. It is part of the Chicago Metropolitan Area. Its 1999 population of 402,622 ranked 5th in the State. PER CAPITA PERSONAL INCOME In 1999, Kane had a per capita personal income (PCPI) of $28,024. This PCPI ranked 12th in the State, and was 90 percent of the State average, $31,138, and 98 percent of the national average, $28,546. In 1989, the PCPI of Kane was $20,346 and ranked 5th in the State. The average annual growth rate of PCPI over the past 10 years was 3.3 percent. The average annual growth rate for the State was 4.7 percent and for the nation was 4.4 percent. TOTAL PERSONAL INCOME In 1999, Kane had a total personal income (TPI) of $11,283,201*. This TPI ranked 5th in the State and accounted for 3 percent of the State total. In 1989, the TPI of Kane was $6,331,324* and ranked 5th in the State. The average annual growth rate of TPI over the past 10 years was 5.9 percent. The average annual growth rate for the State was 5.4 percent and for the nation was 5.4 percent. COMPONENTS OF TOTAL PERSONAL INCOME Total personal income (TPI) includes the earnings (wages and salaries, other labor income, and proprietors's income); dividends, interest, and rent; and transfer payments received by the residents of Kane. In 1999, earnings were 75.1 percent of TPI (compared with 73.2 percent in 1989); dividends, interest, and rent were 16.9 percent (compared with 18.7 percent in 1989); and transfer payments were 8.0 percent (compared with 8.1 percent in 1989). From 1989 to 1999, earnings increased on average 6.2 percent each year; dividends, interest, and rent increased on average 4.9 percent; and transfer payments increased on average 5.8 percent. EARNINGS BY INDUSTRY Earnings of persons employed in Kane increased from $3,822,460* in 1989 to $7,201,460* in 1999, an average annual growth rate of 6.5 percent. The largest industries in 1999 were services, 25.4 percent of earnings; durable goods manufacturing, 14.7 percent; and state and local government, 12.2 percent. In 1989, the largest industries were services, 21.3 percent of earnings; durable goods manufacturing, 18.0 percent; and state and local government, 11.4 percent. Of the industries that accounted for at least 5 percent of earnings in 1999, the slowest growing from 1989 to 1999 was retail trade (8.3 percent of earnings in 1999), which increased at an average annual rate of 3.8 percent; the fastest was services which increased at an average annual rate of 8.4 percent. Lake County, Illinois 1989-99Lake is one of 102 counties in Illinois. It is part of the Chicago Metropolitan Area. Its 1999 population of 617,975 ranked 3rd in the State. PER CAPITA PERSONAL INCOME In 1999, Lake had a per capita personal income (PCPI) of $45,341. This PCPI ranked 1st in the State, and was 146 percent of the State average, $31,138, and 159 percent of the national average, $28,546. In 1989, the PCPI of Lake was $26,794 and ranked 2nd in the State. The average annual growth rate of PCPI over the past 10 years was 5.4 percent. The average annual growth rate for the State was 4.7 percent and for the nation was 4.4 percent. TOTAL PERSONAL INCOME In 1999, Lake had a total personal income (TPI) of $28,019,372*. This TPI ranked 3rd in the State and accounted for 7.4 percent of the State total. In 1989, the TPI of Lake was $13,547,815* and ranked 3rd in the State. The average annual growth rate of TPI over the past 10 years was 7.5 percent. The average annual growth rate for the State was 5.4 percent and for the nation was 5.4 percent. COMPONENTS OF TOTAL PERSONAL INCOME Total personal income (TPI) includes the earnings (wages and salaries, other labor income, and proprietors's income); dividends, interest, and rent; and transfer payments received by the residents of Lake. In 1999, earnings were 73.6 percent of TPI (compared with 74.3 percent in 1989); dividends, interest, and rent were 21.3 percent (compared with 20.5 percent in 1989); and transfer payments were 5.1 percent (compared with 5.3 percent in 1989). From 1989 to 1999, earnings increased on average 7.4 percent each year; dividends, interest, and rent increased on average 7.9 percent; and transfer payments increased on average 7.3 percent. EARNINGS BY INDUSTRY Earnings of persons employed in Lake increased from $7,884,664* in 1989 to $17,396,352* in 1999, an average annual growth rate of 8.2 percent. The largest industries in 1999 were services, 24.8 percent of earnings; nondurable goods manufacturing, 13.2 percent; and wholesale trade, 9.4 percent. In 1989, the largest industries were services, 20.5 percent of earnings; nondurable goods manufacturing, 14.9 percent; and durable goods manufacturing, 10.5 percent. Of the industries that accounted for at least 5 percent of earnings in 1999, the slowest growing from 1989 to 1999 was military (6.6 percent of earnings in 1999), which increased at an average annual rate of 4.6 percent; the fastest was finance, insurance, and real estate which increased at an average annual rate of 19.0 percent. McHenry County, Illinois 1989-99McHenry is one of 102 counties in Illinois. It is part of the Chicago Metropolitan Area. Its 1999 population of 246,812 ranked 9th in the State. PER CAPITA PERSONAL INCOME In 1999, McHenry had a per capita personal income (PCPI) of $32,090. This PCPI ranked 4th in the State, and was 103 percent of the State average, $31,138, and 112 percent of the national average, $28,546. In 1989, the PCPI of McHenry was $21,753 and ranked 3rd in the State. The average annual growth rate of PCPI over the past 10 years was 4.0 percent. The average annual growth rate for the State was 4.7 percent and for the nation was 4.4 percent. TOTAL PERSONAL INCOME In 1999, McHenry had a total personal income (TPI) of $7,920,300*. This TPI ranked 6th in the State and accounted for 2.1 percent of the State total. In 1989, the TPI of McHenry was $3,835,341* and ranked 9th in the State. The average annual growth rate of TPI over the past 10 years was 7.5 percent. The average annual growth rate for the State was 5.4 percent and for the nation was 5.4 percent. COMPONENTS OF TOTAL PERSONAL INCOME Total personal income (TPI) includes the earnings (wages and salaries, other labor income, and proprietors's income); dividends, interest, and rent; and transfer payments received by the residents of McHenry. In 1999, earnings were 78.0 percent of TPI (compared with 75.9 percent in 1989); dividends, interest, and rent were 15.4 percent (compared with 17.3 percent in 1989); and transfer payments were 6.7 percent (compared with 6.8 percent in 1989). From 1989 to 1999, earnings increased on average 7.8 percent each year; dividends, interest, and rent increased on average 6.2 percent; and transfer payments increased on average 7.3 percent. EARNINGS BY INDUSTRY Earnings of persons employed in McHenry increased from $1,697,167* in 1989 to $3,500,593* in 1999, an average annual growth rate of 7.5 percent. The largest industries in 1999 were durable goods manufacturing, 21.7 percent of earnings; services, 20.7 percent; and construction, 13.1 percent. In 1989, the largest industries were durable goods manufacturing, 24.6 percent of earnings; services, 17.1 percent; and construction, 13.3 percent. Of the industries that accounted for at least 5 percent of earnings in 1999, the slowest growing from 1989 to 1999 was nondurable goods manufacturing (7.0 percent of earnings in 1999), which increased at an average annual rate of 3.7 percent; the fastest was wholesale trade which increased at an average annual rate of 12.9 percent. Will County, Illinois 1989-99Will is one of 102 counties in Illinois. It is part of the Chicago Metropolitan Area. Its 1999 population of 478,392 ranked 4th in the State. PER CAPITA PERSONAL INCOME In 1999, Will had a per capita personal income (PCPI) of $26,483. This PCPI ranked 19th in the State, and was 85 percent of the State average, $31,138, and 93 percent of the national average, $28,546. In 1989, the PCPI of Will was $18,388 and ranked 11th in the State. The average annual growth rate of PCPI over the past 10 years was 3.7 percent. The average annual growth rate for the State was 4.7 percent and for the nation was 4.4 percent. TOTAL PERSONAL INCOME In 1999, Will had a total personal income (TPI) of $12,669,462*. This TPI ranked 4th in the State and accounted for 3.4 percent of the State total. In 1989, the TPI of Will was $6,454,347* and ranked 4th in the State. The average annual growth rate of TPI over the past 10 years was 7.0 percent. The average annual growth rate for the State was 5.4 percent and for the nation was 5.4 percent. COMPONENTS OF TOTAL PERSONAL INCOME Total personal income (TPI) includes the earnings (wages and salaries, other labor income, and proprietors's income); dividends, interest, and rent; and transfer payments received by the residents of Will. In 1999, earnings were 76.6 percent of TPI (compared with 76.3 percent in 1989); dividends, interest, and rent were 14.6 percent (compared with 15.7 percent in 1989); and transfer payments were 8.8 percent (compared with 8.0 percent in 1989). From 1989 to 1999, earnings increased on average 7.0 percent each year; dividends, interest, and rent increased on average 6.2 percent; and transfer payments increased on average 8.0 percent. EARNINGS BY INDUSTRY Earnings of persons employed in Will increased from $2,807,671* in 1989 to $5,760,730* in 1999, an average annual growth rate of 7.5 percent. The largest industries in 1999 were services, 24.1 percent of earnings; state and local government, 14.3 percent; and construction, 12.6 percent. In 1989, the largest industries were services, 20.7 percent of earnings; state and local government, 14.6 percent; and durable goods manufacturing, 13.3 percent. Of the industries that accounted for at least 5 percent of earnings in 1999, the slowest growing from 1989 to 1999 was durable goods manufacturing (8.6 percent of earnings in 1999), which increased at an average annual rate of 2.8 percent; the fastest was wholesale trade which increased at an average annual rate of 10.9 percent. 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. The Census Bureau released April 1, 2000 decennial population counts for counties in early 2001, but will not release revised county intercensal population estimates for 1991– 99 that are consistent with the April 1, 2000 counts until early 2002. In 2002, PCPI estimates for 1991–99 will be revised to incorporate the updated intercensal population estimates. Bureau of Economic Analysis, U.S. Department of Commerce, May 2001. Posted on NIPC web site on June 1, 2001 |
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