BEARFACTS
Personal income last published on November 16, 2017.
Personal Income for Lenoir
Lenoir is one of 100 counties in North Carolina. It is part of the Kinston, NC Micropolitan Statistical Area. Its 2016 population of 57,307 ranked 49th in the state.
Per Capita Personal Income
In 2016, Lenoir had a per capita personal income (PCPI) of $38,559. This PCPI ranked 30th in the state and was 91 percent of the state average, $42,244, and 78 percent of the national average, $49,246. The 2016 PCPI reflected an increase of 3.1 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 Lenoir was $27,891 and ranked 51st in the state. The 2006-2016 compound annual growth rate of PCPI was 3.3 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
Lenoir | ||
North Carolina |
Personal Income
In 2016, Lenoir had a personal income of $2,209,720*. This personal income ranked 43rd in the state and accounted for 0.5 percent of the state total. In 2006, the personal income of Lenoir was $1,651,220* and ranked 41st in the state.
*Personal income estimates are in thousands of dollars, not adjusted for inflation.
2015-2016 percent change | 2006-2016 CAGR | |
---|---|---|
Lenoir | 1.8 % | 3.0 % |
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 Lenoir.
2015-2016 percent change
Lenoir | North Carolina | U.S. | |
---|---|---|---|
Net earnings | 1.5 % | 3.9 % | 2.5 % |
Dividends, interest, and rent | 3.1 % | 1.6 % | 1.2 % |
Personal current transfer receipts | 1.6 % | 2.7 % | 3.1 % |
2006-2016 CAGR
Lenoir | North Carolina | U.S. | |
---|---|---|---|
Net earnings | 2.3 % | 2.8 % | 2.8 % |
Dividends, interest, and rent | 3.6 % | 3.8 % | 3.7 % |
Personal current transfer receipts | 3.9 % | 5.8 % | 5.5 % |
CAGR: compound annual growth rate |
Percent Contribution to Personal Income
Lenoir | North Carolina | 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 |