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Suffolk (Independent City), Virginia

 

Suffolk (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 81,119 ranked 27th in the state.

PER CAPITA PERSONAL INCOME

In 2007 Suffolk (Independent City) had a per capita personal income (PCPI) of $33,751. This PCPI ranked 37th in the state and was 81 percent of the state average, $41,727, and 87 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 Suffolk (Independent City) was $21,354 and ranked 41st 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   Suffolk (Independent City)

TOTAL PERSONAL INCOME

AAGR: average annual growth rate
 2006-07 percent change1997-2007 AAGR
Suffolk (Independent City) 6.3 % 8.0 %
Virginia 4.7 % 6.0 %
U.S. 6.0 % 5.4 %

In 2007 Suffolk (Independent City) had a total personal income (TPI) of $2,737,833*. This TPI ranked 29th in the state and accounted for 0.9 percent of the state total. In 1997 the TPI of Suffolk (Independent City) was $1,267,224* and ranked 34th 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 Suffolk (Independent City).
 
Percent Contribution to Total Personal Income
Suffolk (Independent City) United States

 

 

1997

 

 

2007
  Net earnings by place of residence
  Dividends, interest, and rent
  Personal current transfer receipts
 
2006-2007 percent change
  Suffolk (Independent City) U.S.
Net earnings 6.7 % 5.0 %
Dividends, interest, and rent 3.1 % 9.2 %
Personal current transfer receipts 7.4 % 6.9 %
 
1997-2007 average annual growth rate
  Suffolk (Independent City) U.S.
Net earnings 8.4 % 5.4 %
Dividends, interest, and rent 6.6 % 4.5 %
Personal current transfer receipts 7.5 % 6.1 %

Last updated: Thursday, April 23, 2009