BEARFACTS
Personal income last published on November 16, 2017.
Personal Income for Rutherford
Rutherford is one of 100 counties in North Carolina. It is part of the Forest City, NC Micropolitan Statistical Area. Its 2016 population of 66,421 ranked 40th in the state.
Per Capita Personal Income
In 2016, Rutherford had a per capita personal income (PCPI) of $30,036. This PCPI ranked 93rd in the state and was 71 percent of the state average, $42,244, and 61 percent of the national average, $49,246. The 2016 PCPI reflected an increase of 2.4 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 Rutherford was $24,628 and ranked 83rd in the state. The 2006-2016 compound annual growth rate of PCPI was 2.0 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
Rutherford | ||
North Carolina |
Personal Income
In 2016, Rutherford had a personal income of $1,995,025*. This personal income ranked 47th in the state and accounted for 0.5 percent of the state total. In 2006, the personal income of Rutherford was $1,621,880* and ranked 45th in the state.
*Personal income estimates are in thousands of dollars, not adjusted for inflation.
2015-2016 percent change | 2006-2016 CAGR | |
---|---|---|
Rutherford | 2.3 % | 2.1 % |
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 Rutherford.
2015-2016 percent change
Rutherford | North Carolina | U.S. | |
---|---|---|---|
Net earnings | 2.4 % | 3.9 % | 2.5 % |
Dividends, interest, and rent | 3.0 % | 1.6 % | 1.2 % |
Personal current transfer receipts | 1.9 % | 2.7 % | 3.1 % |
2006-2016 CAGR
Rutherford | North Carolina | U.S. | |
---|---|---|---|
Net earnings | 0.4 % | 2.8 % | 2.8 % |
Dividends, interest, and rent | 3.7 % | 3.8 % | 3.7 % |
Personal current transfer receipts | 4.3 % | 5.8 % | 5.5 % |
CAGR: compound annual growth rate |
Percent Contribution to Personal Income
Rutherford | North Carolina | United States | |
---|---|---|---|
2006 | |
|
|
2016 | |
|
|
Net earnings by place of residence | |||
Dividends, interest, and rent | |||
Personal current transfer receipts |