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Volusia, Florida

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Glossary

 

Volusia is one of 67 counties in Florida. It is part of the Deltona-Daytona Beach-Ormond Beach, FL (MSA). Its 2008 population of 497,344 ranked 11th in the state.

PER CAPITA PERSONAL INCOME

In 2008 Volusia had a per capita personal income (PCPI) of $32,098. This PCPI ranked 28th in the state and was 82 percent of the state average, $39,064, and 80 percent of the national average, $40,166. The 2008 PCPI reflected an increase of 0.7 percent from 2007. The 2007-2008 state change was 0.1 percent and the national change was 2.0 percent. In 1998 the PCPI of Volusia was $21,703 and ranked 29th in the state. The 1998-2008 average annual growth rate of PCPI was 4.0 percent. The average annual growth rate for the state was 4.0 percent and for the nation was 4.0 percent.
 
Per Capita Personal Income, 2008
Per Capita Income as a Percent of the United States, 2008

  Florida   Volusia

TOTAL PERSONAL INCOME

AAGR: average annual growth rate
 2007-08 percent change1998-2008 AAGR
Volusia 0.4 % 5.5 %
Florida 0.9 % 5.8 %
U.S. 2.9 % 5.0 %

In 2008 Volusia had a total personal income (TPI) of $15,963,663*. This TPI ranked 14th in the state and accounted for 2.2 percent of the state total. In 1998 the TPI of Volusia was $9,383,756* and ranked 13th 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 Volusia.
 
Percent Contribution to Total Personal Income
Volusia Florida United States

 

 

1998

 

 

2008
  Net earnings by place of residence
  Dividends, interest, and rent
  Personal current transfer receipts
 
2007-2008 percent change
  Volusia Florida U.S.
Net earnings - 3.2 % - 1.3 % 2.0 %
Dividends, interest, and rent 0.8 % 0.2 % 1.3 %
Personal current transfer receipts 8.5 % 9.9 % 9.2 %
 
1998-2008 average annual growth rate
  Volusia Florida U.S.
Net earnings 5.3 % 5.5 % 4.8 %
Dividends, interest, and rent 4.7 % 5.6 % 4.2 %
Personal current transfer receipts 6.7 % 7.2 % 6.7 %

Last updated: Thursday, April 22, 2010