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Personal income last published on November 16, 2017.
Personal Income for Cleveland
Cleveland is one of 100 counties in North Carolina. It is part of the Shelby, NC Micropolitan Statistical Area. Its 2016 population of 97,144 ranked 28th in the state.
Per Capita Personal Income
In 2016, Cleveland had a per capita personal income (PCPI) of $34,401. This PCPI ranked 56th in the state and was 81 percent of the state average, $42,244, and 70 percent of the national average, $49,246. The 2016 PCPI reflected an increase of 1.8 percent from 2015. The 2015-2016 state change was 2.1 percent and the national change was 1.6 percent. In 2006, the PCPI of Cleveland was $27,111 and ranked 60th 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 2.2 percent and for the nation was 2.6 percent.
Per Capita Personal Income, 2016
Per Capita Income as a Percent of the United States
| Cleveland | ||
| North Carolina | ||
Personal Income
In 2016, Cleveland had a personal income of $3,341,809*. This personal income ranked 31st in the state and accounted for 0.8 percent of the state total. In 2006, the personal income of Cleveland was $2,629,465* and ranked 30th in the state.
*Personal income estimates are in thousands of dollars, not adjusted for inflation.
| 2015-2016 percent change | 2006-2016 CAGR | |
|---|---|---|
| Cleveland | 2.0 % | 2.4 % |
| North Carolina | 3.2 % | 3.5 % |
| 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 Cleveland.
2015-2016 percent change
| Cleveland | North Carolina | U.S. | |
|---|---|---|---|
| Net earnings | 2.0 % | 3.9 % | 2.5 % |
| Dividends, interest, and rent | 3.3 % | 1.6 % | 1.2 % |
| Personal current transfer receipts | 1.5 % | 2.7 % | 3.1 % |
2006-2016 CAGR
| Cleveland | North Carolina | U.S. | |
|---|---|---|---|
| Net earnings | 1.1 % | 2.8 % | 2.8 % |
| Dividends, interest, and rent | 3.8 % | 3.8 % | 3.7 % |
| Personal current transfer receipts | 4.3 % | 5.8 % | 5.5 % |
| CAGR: compound annual growth rate | |||
Percent Contribution to Personal Income
| Cleveland | North Carolina | United States | |
|---|---|---|---|
| 2006 | 
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| 2016 | 
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| Net earnings by place of residence | |||
| Dividends, interest, and rent | |||
| Personal current transfer receipts | |||