BEARFACTS
Personal income last published on November 16, 2017.
Personal Income for Wayne
Wayne is one of 92 counties in Indiana. It is part of the Richmond, IN Micropolitan Statistical Area. Its 2016 population of 66,568 ranked 25th in the state.
Per Capita Personal Income
In 2016, Wayne had a per capita personal income (PCPI) of $37,624. This PCPI ranked 57th in the state and was 87 percent of the state average, $43,097, and 76 percent of the national average, $49,246. The 2016 PCPI reflected an increase of 4.3 percent from 2015. The 2015-2016 state change was 3.0 percent and the national change was 1.6 percent. In 2006, the PCPI of Wayne was $28,565 and ranked 52nd 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 2.8 percent and for the nation was 2.6 percent.
Per Capita Personal Income, 2016
Per Capita Income as a Percent of the United States
Wayne | ||
Indiana |
Personal Income
In 2016, Wayne had a personal income of $2,504,572*. This personal income ranked 27th in the state and accounted for 0.9 percent of the state total. In 2006, the personal income of Wayne was $1,989,353* and ranked 26th in the state.
*Personal income estimates are in thousands of dollars, not adjusted for inflation.
2015-2016 percent change | 2006-2016 CAGR | |
---|---|---|
Wayne | 3.6 % | 2.3 % |
Indiana | 3.3 % | 3.3 % |
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 Wayne.
2015-2016 percent change
Wayne | Indiana | U.S. | |
---|---|---|---|
Net earnings | 5.1 % | 4.3 % | 2.5 % |
Dividends, interest, and rent | 1.7 % | 1.0 % | 1.2 % |
Personal current transfer receipts | 1.9 % | 2.0 % | 3.1 % |
2006-2016 CAGR
Wayne | Indiana | U.S. | |
---|---|---|---|
Net earnings | 1.2 % | 2.8 % | 2.8 % |
Dividends, interest, and rent | 2.2 % | 2.8 % | 3.7 % |
Personal current transfer receipts | 4.9 % | 5.4 % | 5.5 % |
CAGR: compound annual growth rate |
Percent Contribution to Personal Income
Wayne | Indiana | 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 |