Bearfacts
Baltimore (Independent City), Maryland
Baltimore (Independent City) is one of 24 counties in
Maryland.
It is part of the Baltimore-Towson, MD (MSA).
Its 2007 population
of 640,150
ranked
4th in the state.
PER CAPITA PERSONAL INCOME
|
In 2007 Baltimore (Independent City) had a per capita personal income
(PCPI) of
$34,427.
This PCPI ranked 17th in the state and was
74 percent of the state average,
$46,471, and
89 percent of the national average,
$38,615.
The 2007 PCPI
reflected an increase of
7.5 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 Baltimore (Independent City)
was $21,714 and ranked 18th in the state.
The 1997-2007 average annual growth rate of PCPI
was 4.7 percent.
The average annual growth rate
for the state was 4.9 percent and
for the nation was 4.3 percent.
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| |
Per Capita Personal Income, 2007
| | Baltimore (Independent City) | | dollars | 34,427 |
| | United States | | dollars | 38,615 |
|
|
Per Capita Income as a Percent of the United States, 2007
| | Maryland |
| Baltimore (Independent City) |
|
|
|
TOTAL PERSONAL INCOME
| AAGR: average annual growth rate |
| | 2006-07 percent change | 1997-2007 AAGR
|
|---|
| Baltimore (Independent City) |
7.3 %
|
4.1 %
|
| Maryland |
6.2 %
|
5.9 % |
| U.S. |
6.0 %
|
5.4 % |
|
In 2007 Baltimore (Independent City) had a total personal income
(TPI) of
$22,038,199*.
This TPI ranked 5th in the state
and
accounted for
8.4 percent of the state total.
In 1997 the TPI of Baltimore (Independent City)
was $14,707,551*
and ranked 4th 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
Baltimore (Independent City).
| | |
Percent Contribution to Total Personal Income
| Baltimore (Independent City) |
Maryland |
United States |
1997 |
| | Net earnings by place of residence | | | 61% |
| | Dividends, interest, and rent | | | 13% |
| | Personal current transfer receipts | | | 25% |
|
| | Net earnings by place of residence | | | 71% |
| | Dividends, interest, and rent | | | 19% |
| | Personal current transfer receipts | | | 11% |
|
| | Net earnings by place of residence | | | 67% |
| | Dividends, interest, and rent | | | 19% |
| | Personal current transfer receipts | | | 14% |
|
2007 |
| | Net earnings by place of residence | | | 65% |
| | Dividends, interest, and rent | | | 10% |
| | Personal current transfer receipts | | | 24% |
|
| | Net earnings by place of residence | | | 72% |
| | Dividends, interest, and rent | | | 17% |
| | Personal current transfer receipts | | | 11% |
|
| | Net earnings by place of residence | | | 68% |
| | Dividends, interest, and rent | | | 18% |
| | Personal current transfer receipts | | | 15% |
|
|
| | Net earnings by place of residence |
| | Dividends, interest, and rent |
| | Personal current transfer receipts |
|
|
|
| |
| 2006-2007 percent change |
| |
Baltimore (Independent City) |
Maryland |
U.S. |
| Net earnings |
7.0 %
|
4.7 %
|
5.0 %
|
| Dividends, interest, and rent |
11.4 %
|
12.2 %
|
9.2 %
|
| Personal current transfer receipts |
6.5 %
|
7.3 %
|
6.9 %
|
| | |
| 1997-2007 average annual growth rate |
|
| Baltimore (Independent City) |
Maryland |
U.S. |
| Net earnings |
4.8 %
| 6.1 %
|
5.4 %
|
| Dividends, interest, and rent |
1.4 %
|
4.8 %
|
4.5 %
|
| Personal current transfer receipts |
3.7 %
|
6.2 %
|
6.1 %
|
|
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Last updated:
Thursday, April 23, 2009
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