Bearfacts

Hampton (Independent City), Virginia

 

Hampton (Independent City) is one of 105 counties in Virginia. It is part of the Virginia Beach-Norfolk-Newport News, VA-NC (MSA). Its 2007 population of 146,466 ranked 12th in the state.

PER CAPITA PERSONAL INCOME

In 2007 Hampton (Independent City) had a per capita personal income (PCPI) of $32,608. This PCPI ranked 45th in the state and was 78 percent of the state average, $41,727, and 84 percent of the national average, $38,615. The 2007 PCPI reflected an increase of 5.1 percent from 2006. The 2006-2007 state change was 3.7 percent and the national change was 4.9 percent. In 1997 the PCPI of Hampton (Independent City) was $20,595 and ranked 49th 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 4.7 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

  Virginia   Hampton (Independent City)

TOTAL PERSONAL INCOME

AAGR: average annual growth rate
 2006-07 percent change1997-2007 AAGR
Hampton (Independent City) 5.1 % 4.8 %
Virginia 4.7 % 6.0 %
U.S. 6.0 % 5.4 %

In 2007 Hampton (Independent City) had a total personal income (TPI) of $4,775,904*. This TPI ranked 15th in the state and accounted for 1.5 percent of the state total. In 1997 the TPI of Hampton (Independent City) was $2,998,569* and ranked 15th 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 Hampton (Independent City).
 
Percent Contribution to Total Personal Income
Hampton (Independent City) Virginia United States

 

 

1997

 

 

2007
  Net earnings by place of residence
  Dividends, interest, and rent
  Personal current transfer receipts
 
2006-2007 percent change
  Hampton (Independent City) Virginia U.S.
Net earnings 5.4 % 4.7 % 5.0 %
Dividends, interest, and rent 1.3 % 3.1 % 9.2 %
Personal current transfer receipts 6.2 % 6.9 % 6.9 %
 
1997-2007 average annual growth rate
  Hampton (Independent City) Virginia U.S.
Net earnings 5.1 % 6.2 % 5.4 %
Dividends, interest, and rent 0.6 % 4.5 % 4.5 %
Personal current transfer receipts 6.5 % 6.9 % 6.1 %

Last updated: Thursday, April 23, 2009