BEARFACTS
Personal income last published on November 16, 2017.
Personal Income for Abbeville
Abbeville is one of 46 counties in South Carolina. It is part of the Greenwood, SC Micropolitan Statistical Area. Its 2016 population of 24,872 ranked 37th in the state.
Per Capita Personal Income
In 2016, Abbeville had a per capita personal income (PCPI) of $31,374. This PCPI ranked 32nd in the state and was 79 percent of the state average, $39,517, and 64 percent of the national average, $49,246. The 2016 PCPI reflected an increase of 2.9 percent from 2015. The 2015-2016 state change was 1.9 percent and the national change was 1.6 percent. In 2006, the PCPI of Abbeville was $23,141 and ranked 36th in the state. The 2006-2016 compound annual growth rate of PCPI was 3.1 percent. The compound annual growth rate for the state was 2.6 percent and for the nation was 2.6 percent.
Per Capita Personal Income, 2016
Per Capita Income as a Percent of the United States
Abbeville | ||
South Carolina |
Personal Income
In 2016, Abbeville had a personal income of $780,346*. This personal income ranked 36th in the state and accounted for 0.4 percent of the state total. In 2006, the personal income of Abbeville was $597,515* and ranked 36th in the state.
*Personal income estimates are in thousands of dollars, not adjusted for inflation.
2015-2016 percent change | 2006-2016 CAGR | |
---|---|---|
Abbeville | 2.5 % | 2.7 % |
South Carolina | 3.3 % | 3.9 % |
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 Abbeville.
2015-2016 percent change
Abbeville | South Carolina | U.S. | |
---|---|---|---|
Net earnings | 2.1 % | 3.6 % | 2.5 % |
Dividends, interest, and rent | 4.2 % | 1.8 % | 1.2 % |
Personal current transfer receipts | 2.5 % | 3.5 % | 3.1 % |
2006-2016 CAGR
Abbeville | South Carolina | U.S. | |
---|---|---|---|
Net earnings | 1.7 % | 3.4 % | 2.8 % |
Dividends, interest, and rent | 3.6 % | 3.5 % | 3.7 % |
Personal current transfer receipts | 4.3 % | 6.0 % | 5.5 % |
CAGR: compound annual growth rate |
Percent Contribution to Personal Income
Abbeville | South 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 |