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Personal income last published on November 16, 2017.
Personal Income for Newberry
Newberry is one of 46 counties in South Carolina. It is part of the Newberry, SC Micropolitan Statistical Area. Its 2016 population of 38,079 ranked 26th in the state.
Per Capita Personal Income
In 2016, Newberry had a per capita personal income (PCPI) of $35,718. This PCPI ranked 17th in the state and was 90 percent of the state average, $39,517, and 73 percent of the national average, $49,246. The 2016 PCPI reflected an increase of 1.3 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 Newberry was $26,878 and ranked 22nd in the state. The 2006-2016 compound annual growth rate of PCPI was 2.9 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
| Newberry | ||
| South Carolina | ||
Personal Income
In 2016, Newberry had a personal income of $1,360,088*. This personal income ranked 26th in the state and accounted for 0.7 percent of the state total. In 2006, the personal income of Newberry was $987,668* 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 | |
|---|---|---|
| Newberry | 1.8 % | 3.3 % |
| 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 Newberry.
2015-2016 percent change
| Newberry | South Carolina | U.S. | |
|---|---|---|---|
| Net earnings | 1.0 % | 3.6 % | 2.5 % |
| Dividends, interest, and rent | 3.0 % | 1.8 % | 1.2 % |
| Personal current transfer receipts | 2.9 % | 3.5 % | 3.1 % |
2006-2016 CAGR
| Newberry | South Carolina | U.S. | |
|---|---|---|---|
| Net earnings | 2.3 % | 3.4 % | 2.8 % |
| Dividends, interest, and rent | 4.2 % | 3.5 % | 3.7 % |
| Personal current transfer receipts | 5.0 % | 6.0 % | 5.5 % |
| CAGR: compound annual growth rate | |||
Percent Contribution to Personal Income
| Newberry | South Carolina | United States | |
|---|---|---|---|
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| 2016 | 
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| Net earnings by place of residence | |||
| Dividends, interest, and rent | |||
| Personal current transfer receipts | |||