BEARFACTS
Personal income last published on November 16, 2017.
Personal Income for Lumpkin
Lumpkin is one of 159 counties in Georgia. It is not part of a metropolitan area. Its 2016 population of 31,445 ranked 55th in the state.
Per Capita Personal Income
In 2016, Lumpkin had a per capita personal income (PCPI) of $32,972. This PCPI ranked 69th in the state and was 78 percent of the state average, $42,159, and 67 percent of the national average, $49,246. The 2016 PCPI reflected an increase of 3.4 percent from 2015. The 2015-2016 state change was 2.8 percent and the national change was 1.6 percent. In 2006, the PCPI of Lumpkin was $26,014 and ranked 63rd in the state. The 2006-2016 compound annual growth rate of PCPI was 2.4 percent. The compound annual growth rate for the state was 2.0 percent and for the nation was 2.6 percent.
Per Capita Personal Income, 2016
Per Capita Income as a Percent of the United States
Lumpkin | ||
Georgia |
Personal Income
In 2016, Lumpkin had a personal income of $1,036,806*. This personal income ranked 58th in the state and accounted for 0.2 percent of the state total. In 2006, the personal income of Lumpkin was $710,187* and ranked 63rd in the state.
*Personal income estimates are in thousands of dollars, not adjusted for inflation.
2015-2016 percent change | 2006-2016 CAGR | |
---|---|---|
Lumpkin | 3.9 % | 3.9 % |
Georgia | 3.9 % | 3.2 % |
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 Lumpkin.
2015-2016 percent change
Lumpkin | Georgia | U.S. | |
---|---|---|---|
Net earnings | 4.0 % | 4.9 % | 2.5 % |
Dividends, interest, and rent | 2.4 % | 1.0 % | 1.2 % |
Personal current transfer receipts | 4.6 % | 3.1 % | 3.1 % |
2006-2016 CAGR
Lumpkin | Georgia | U.S. | |
---|---|---|---|
Net earnings | 2.6 % | 2.5 % | 2.8 % |
Dividends, interest, and rent | 2.6 % | 3.3 % | 3.7 % |
Personal current transfer receipts | 8.6 % | 6.2 % | 5.5 % |
CAGR: compound annual growth rate |
Percent Contribution to Personal Income
Lumpkin | Georgia | 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 |