Ohio

 

The population of Ohio in 2011 was 11,544,951.

PER CAPITA PERSONAL INCOME

In 2011 Ohio had a per capita personal income (PCPI) of $37,836. This PCPI was 91 percent of the national average, $41,560. The 2011 PCPI reflected an increase of 5.3 percent from 2010. The 2010-2011 national change was 4.4 percent. In 2001 the PCPI of Ohio was $29,275. The 2001-2011 compound annual growth rate of PCPI was 2.6 percent. The compound annual growth rate for the nation was 2.9 percent.
 
Per Capita Personal Income, 2011
Per Capita Income as a Percent of the United States

TOTAL PERSONAL INCOME

CAGR: compound annual growth rate
 2010-11 percent change2001-2011 CAGR
Ohio 5.4 % 2.7 %
U.S. 5.2 % 3.8 %

In 2011 Ohio had a total personal income (TPI) of $436,817,655*. In 2001 the TPI of Ohio was $333,368,612*.

*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 Ohio.
 
Percent Contribution to Total Personal Income
Ohio United States

 

 

2001

 

 

2011
  Net earnings by place of residence
  Dividends, interest, and rent
  Personal current transfer receipts
 
2010-2011 percent change
  Ohio U.S.
Net earnings 5.7 % 5.7 %
Dividends, interest, and rent 7.3 % 7.5 %
Personal current transfer receipts 3.2 % 1.5 %
 
2001-2011 compound annual growth rate
  Ohio U.S.
Net earnings 2.3 % 3.4 %
Dividends, interest, and rent 0.3 % 2.9 %
Personal current transfer receipts 6.4 % 6.9 %

GROSS DOMESTIC PRODUCT (GDP) BY STATE

In 2011, Ohio current-dollar GDP was $484.0 billion and ranked 8th in the United States. In 2001, Ohio GDP was $382.7 billion and ranked 7th in the United States.

In 2011, Ohio real GDP grew 1.1 percent; the 2010-2011 national change was 1.5 percent. The 2001-2011 compound annual growth rate for Ohio real GDP was 0.0 percent; the compound annual growth rate for the nation was 1.4 percent.

GDP BY STATE FOR INDUSTRIES

In 2011, the largest industry in Ohio was government. This industry accounted for 11.5 percent of Ohio GDP and had a 1.2 percent real decline. The second largest industry was real estate and rental and leasing, which accounted for 10.3 percent of Ohio GDP and had a 0.7 percent real decline.

The largest contributor to real GDP growth in Ohio was durable goods manufacturing. This industry accounted for 0.42 percentage point of the total growth in real GDP. The second largest contributor was professional, scientific, and technical services. This industry accounted for 0.30 percentage point of the total growth in real GDP.*

*Note: The industry contributions, or sum thereof, may be larger than 100 percent (and the percentage points larger than the percent change) because growing and declining industries offset one another.

 

Top Five State Industries as a percent of Total GDP, 2011
    Durable goods manufacturing     Finance and insurance     Real estate and rental and leasing
    Health care and social assistance     Government     All others
Ohio
United States