Processing...BEARFACTS
Personal income last published on November 16, 2017.
Personal Income for Wood
Wood is one of 55 counties in West Virginia. It is part of the Parkersburg-Vienna, WV Metropolitan Statistical Area. Its 2016 population of 85,643 ranked 5th in the state.
Per Capita Personal Income
In 2016, Wood had a per capita personal income (PCPI) of $38,194. This PCPI ranked 10th in the state and was 104 percent of the state average, $36,624, and 78 percent of the national average, $49,246. The 2016 PCPI reflected a decrease of 0.5 percent from 2015. The 2015-2016 state change was 0.2 percent and the national change was 1.6 percent. In 2006, the PCPI of Wood was $29,998 and ranked 8th in the state. The 2006-2016 compound annual growth rate of PCPI was 2.4 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
| Wood | ||
| West Virginia | ||
Personal Income
In 2016, Wood had a personal income of $3,271,073*. This personal income ranked 5th in the state and accounted for 4.9 percent of the state total. In 2006, the personal income of Wood was $2,596,393* and ranked 5th in the state.
*Personal income estimates are in thousands of dollars, not adjusted for inflation.
| 2015-2016 percent change | 2006-2016 CAGR | |
|---|---|---|
| Wood | - 1.2 % | 2.3 % |
| West Virginia | - 0.3 % | 2.6 % |
| 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 Wood.
2015-2016 percent change
| Wood | West Virginia | U.S. | |
|---|---|---|---|
| Net earnings | - 3.3 % | - 1.9 % | 2.5 % |
| Dividends, interest, and rent | 1.5 % | 1.8 % | 1.2 % |
| Personal current transfer receipts | 1.8 % | 1.9 % | 3.1 % |
2006-2016 CAGR
| Wood | West Virginia | U.S. | |
|---|---|---|---|
| Net earnings | 1.3 % | 1.7 % | 2.8 % |
| Dividends, interest, and rent | 2.5 % | 3.0 % | 3.7 % |
| Personal current transfer receipts | 4.5 % | 4.4 % | 5.5 % |
| CAGR: compound annual growth rate | |||
Percent Contribution to Personal Income
| Wood | West Virginia | 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 | |||