Montgomery, New York

 

Montgomery is one of 62 counties in New York. It is part of the Amsterdam, NY Micropolitan Statistical Area. Its 2012 population of 49,941 ranked 48th in the state.

PER CAPITA PERSONAL INCOME

In 2012 Montgomery had a per capita personal income (PCPI) of $34,435. This PCPI ranked 52nd in the state and was 65 percent of the state average, $53,241, and 79 percent of the national average, $43,735. The 2012 PCPI reflected an increase of 2.2 percent from 2011. The 2011-2012 state change was 2.6 percent and the national change was 3.4 percent. In 2002 the PCPI of Montgomery was $26,303 and ranked 27th in the state. The 2002-2012 compound annual growth rate of PCPI was 2.7 percent. The compound annual growth rate for the state was 4.0 percent and for the nation was 3.2 percent.
 
Per Capita Personal Income, 2012
Per Capita Income as a Percent of the United States

   New York    Montgomery

TOTAL PERSONAL INCOME

CAGR: compound annual growth rate
 2011-12 percent change2002-2012 CAGR
Montgomery 2.1 % 2.9 %
New York 2.9 % 4.2 %
U.S. 4.2 % 4.1 %

In 2012 Montgomery had a total personal income (TPI) of $1,719,734*. This TPI ranked 49th in the state and accounted for 0.2 percent of the state total. In 2002 the TPI of Montgomery was $1,296,686* and ranked 47th 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 Montgomery.
 
Percent Contribution to Total Personal Income
Montgomery New York United States

 

 

2002

 

 

2012
  Net earnings by place of residence
  Dividends, interest, and rent
  Personal current transfer receipts
 
2011-2012 percent change
  Montgomery New York U.S.
Net earnings 1.1 % 2.9 % 4.3 %
Dividends, interest, and rent 5.7 % 4.8 % 5.5 %
Personal current transfer receipts 2.0 % 1.1 % 2.2 %
 
2002-2012 compound annual growth rate
  Montgomery New York U.S.
Net earnings 1.7 % 3.7 % 3.6 %
Dividends, interest, and rent 3.3 % 5.7 % 4.5 %
Personal current transfer receipts 5.1 % 4.7 % 6.3 %