BEARFACTS
Personal income last published on November 16, 2017.
Personal Income for Newton
Newton is one of 75 counties in Arkansas. It is part of the Harrison, AR Micropolitan Statistical Area. Its 2016 population of 7,936 ranked 70th in the state.
Per Capita Personal Income
In 2016, Newton had a per capita personal income (PCPI) of $26,897. This PCPI ranked 70th in the state and was 68 percent of the state average, $39,722, and 55 percent of the national average, $49,246. The 2016 PCPI reflected an increase of 0.9 percent from 2015. The 2015-2016 state change was 1.8 percent and the national change was 1.6 percent. In 2006, the PCPI of Newton was $20,338 and ranked 71st in the state. The 2006-2016 compound annual growth rate of PCPI was 2.8 percent. The compound annual growth rate for the state was 3.1 percent and for the nation was 2.6 percent.
Per Capita Personal Income, 2016
Per Capita Income as a Percent of the United States
Newton | ||
Arkansas |
Personal Income
In 2016, Newton had a personal income of $213,451*. This personal income ranked 74th in the state and accounted for 0.2 percent of the state total. In 2006, the personal income of Newton was $172,342* and ranked 74th in the state.
*Personal income estimates are in thousands of dollars, not adjusted for inflation.
2015-2016 percent change | 2006-2016 CAGR | |
---|---|---|
Newton | 1.0 % | 2.2 % |
Arkansas | 2.1 % | 3.7 % |
U.S. | 2.3 % | 3.4 % |
CAGR: compound annual growth rate |
Components of Personal Income
Personal income includes net earnings by place of residence; dividends, interest, and rent; and personal current transfer receipts received by the residents of Newton.
2015-2016 percent change
Newton | Arkansas | U.S. | |
---|---|---|---|
Net earnings | - 2.8 % | 2.4 % | 2.5 % |
Dividends, interest, and rent | 3.3 % | - 0.2 % | 1.2 % |
Personal current transfer receipts | 4.2 % | 3.8 % | 3.1 % |
2006-2016 CAGR
Newton | Arkansas | U.S. | |
---|---|---|---|
Net earnings | - 0.8 % | 2.3 % | 2.8 % |
Dividends, interest, and rent | 7.6 % | 5.8 % | 3.7 % |
Personal current transfer receipts | 4.2 % | 5.4 % | 5.5 % |
CAGR: compound annual growth rate |
Percent Contribution to Personal Income
Newton | Arkansas | United States | |
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2006 | |
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2016 | |
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Net earnings by place of residence | |||
Dividends, interest, and rent | |||
Personal current transfer receipts |