Bearfacts

Prince George's, Maryland

 

Prince George's is one of 24 counties in Maryland. It is part of the Washington-Arlington-Alexandria, DC-VA-MD-WV (MSA). Its 2007 population of 825,318 ranked 2nd in the state.

PER CAPITA PERSONAL INCOME

In 2007 Prince George's had a per capita personal income (PCPI) of $37,555. This PCPI ranked 14th in the state and was 81 percent of the state average, $46,471, and 97 percent of the national average, $38,615. The 2007 PCPI reflected an increase of 4.6 percent from 2006. The 2006-2007 state change was 5.9 percent and the national change was 4.9 percent. In 1997 the PCPI of Prince George's was $25,214 and ranked 13th in the state. The 1997-2007 average annual growth rate of PCPI was 4.1 percent. The average annual growth rate for the state was 4.9 percent and for the nation was 4.3 percent.
 
Per Capita Personal Income, 2007
Per Capita Income as a Percent of the United States, 2007

  Maryland   Prince George's

TOTAL PERSONAL INCOME

AAGR: average annual growth rate
 2006-07 percent change1997-2007 AAGR
Prince George's 3.8 % 4.6 %
Maryland 6.2 % 5.9 %
U.S. 6.0 % 5.4 %

In 2007 Prince George's had a total personal income (TPI) of $30,994,985*. This TPI ranked 3rd in the state and accounted for 11.9 percent of the state total. In 1997 the TPI of Prince George's was $19,684,010* and ranked 3rd in the state.

*Note: Total personal income estimates are in thousands of dollars, not adjusted for inflation.

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 Prince George's.
 
Percent Contribution to Total Personal Income
Prince George's Maryland United States

 

 

1997

 

 

2007
  Net earnings by place of residence
  Dividends, interest, and rent
  Personal current transfer receipts
 
2006-2007 percent change
  Prince George's Maryland U.S.
Net earnings 3.1 % 4.7 % 5.0 %
Dividends, interest, and rent 4.7 % 12.2 % 9.2 %
Personal current transfer receipts 8.3 % 7.3 % 6.9 %
 
1997-2007 average annual growth rate
  Prince George's Maryland U.S.
Net earnings 4.9 % 6.1 % 5.4 %
Dividends, interest, and rent 1.1 % 4.8 % 4.5 %
Personal current transfer receipts 6.8 % 6.2 % 6.1 %

Last updated: Thursday, April 23, 2009