BEARFACTS
Personal income last published on November 16, 2017.
Personal Income for Morris
Morris is one of 254 counties in Texas. It is not part of a metropolitan area. Its 2016 population of 12,593 ranked 154th in the state.
Per Capita Personal Income
In 2016, Morris had a per capita personal income (PCPI) of $39,979. This PCPI ranked 114th in the state and was 86 percent of the state average, $46,274, and 81 percent of the national average, $49,246. The 2016 PCPI reflected a decrease of 5.2 percent from 2015. The 2015-2016 state change was -1.2 percent and the national change was 1.6 percent. In 2006, the PCPI of Morris was $30,297 and ranked 83rd in the state. The 2006-2016 compound annual growth rate of PCPI was 2.8 percent. The compound annual growth rate for the state was 2.8 percent and for the nation was 2.6 percent.
Per Capita Personal Income, 2016
Per Capita Income as a Percent of the United States
Morris | ||
Texas |
Personal Income
In 2016, Morris had a personal income of $503,457*. This personal income ranked 145th in the state and was less than 0.1 percent of the state total. In 2006, the personal income of Morris was $398,955* and ranked 136th in the state.
*Personal income estimates are in thousands of dollars, not adjusted for inflation.
2015-2016 percent change | 2006-2016 CAGR | |
---|---|---|
Morris | - 4.5 % | 2.4 % |
Texas | 0.4 % | 4.7 % |
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 Morris.
2015-2016 percent change
Morris | Texas | U.S. | |
---|---|---|---|
Net earnings | - 11.0 % | - 0.7 % | 2.5 % |
Dividends, interest, and rent | 2.2 % | 0.9 % | 1.2 % |
Personal current transfer receipts | 4.6 % | 4.5 % | 3.1 % |
2006-2016 CAGR
Morris | Texas | U.S. | |
---|---|---|---|
Net earnings | 0.2 % | 4.0 % | 2.8 % |
Dividends, interest, and rent | 5.8 % | 5.6 % | 3.7 % |
Personal current transfer receipts | 5.3 % | 6.7 % | 5.5 % |
CAGR: compound annual growth rate |
Percent Contribution to Personal Income
Morris | Texas | 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 |