Bearfacts
Faulk, South Dakota
Faulk is one of 66 counties in
South Dakota.
It is not part of a Metropolitan Area.
Its 2007 population
of 2,266
ranked
56th in the state.
PER CAPITA PERSONAL INCOME
|
In 2007 Faulk had a per capita personal income
(PCPI) of
$43,009.
This PCPI ranked 6th in the state and was
120 percent of the state average,
$35,760, and
111 percent of the national average,
$38,615.
The 2007 PCPI
reflected an increase of
69.6 percent
from 2006.
The 2006-2007
state change was
10.7 percent and the
national change was
4.9 percent.
In 1997 the PCPI of Faulk
was $21,618 and ranked 26th in the state.
The 1997-2007 average annual growth rate of PCPI
was 7.1 percent.
The average annual growth rate
for the state was 5.0 percent and
for the nation was 4.3 percent.
|
| |
Per Capita Personal Income, 2007
| | South Dakota | | dollars | 35,760 |
| | United States | | dollars | 38,615 |
|
|
Per Capita Income as a Percent of the United States, 2007
|
|
|
TOTAL PERSONAL INCOME
| AAGR: average annual growth rate |
| | 2006-07 percent change | 1997-2007 AAGR
|
|---|
| Faulk |
68.1 %
|
5.5 %
|
| South Dakota |
11.9 %
|
5.7 % |
| U.S. |
6.0 %
|
5.4 % |
|
In 2007 Faulk had a total personal income
(TPI) of
$97,459*.
This TPI ranked 49th in the state
and
accounted for
0.3 percent of the state total.
In 1997 the TPI of Faulk
was $57,006*
and ranked 51st 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
Faulk.
| | |
Percent Contribution to Total Personal Income
| Faulk |
South Dakota |
United States |
1997 |
| | Net earnings by place of residence | | | 54% |
| | Dividends, interest, and rent | | | 28% |
| | Personal current transfer receipts | | | 18% |
|
| | Net earnings by place of residence | | | 64% |
| | Dividends, interest, and rent | | | 22% |
| | Personal current transfer receipts | | | 14% |
|
| | 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 | | | 21% |
| | Personal current transfer receipts | | | 15% |
|
| | Net earnings by place of residence | | | 63% |
| | Dividends, interest, and rent | | | 22% |
| | Personal current transfer receipts | | | 15% |
|
| | 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 |
| |
Faulk |
South Dakota |
U.S. |
| Net earnings |
137.8 %
|
12.9 %
|
5.0 %
|
| Dividends, interest, and rent |
12.4 %
|
12.6 %
|
9.2 %
|
| Personal current transfer receipts |
4.7 %
|
6.6 %
|
6.9 %
|
| | |
| 1997-2007 average annual growth rate |
|
| Faulk |
South Dakota |
U.S. |
| Net earnings |
7.5 %
| 5.6 %
|
5.4 %
|
| Dividends, interest, and rent |
2.4 %
|
5.8 %
|
4.5 %
|
| Personal current transfer receipts |
3.0 %
|
6.0 %
|
6.1 %
|
|
|
Last updated:
Thursday, April 23, 2009
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