Processing...BEARFACTS
Personal income last published on November 16, 2017.
Personal Income for Michigan City-La Porte
Michigan City-La Porte is one of 382 Metropolitan Statistical Areas (MSAs) in the nation. Its 2016 population of 110,015 ranked 338th in the nation.
Per Capita Personal Income
In 2016, Michigan City-La Porte had a per capita personal income (PCPI) of $38,216. This PCPI ranked 288th in the United States and was 78 percent of the national average, $49,246. The 2016 PCPI reflected an increase of 3.2 percent from 2015. The 2015-2016 national change was 1.6 percent. In 2006, the PCPI of Michigan City-La Porte was $29,148 and ranked 305th in the United States. The 2006-2016 compound annual growth rate of PCPI was 2.7 percent. The compound annual growth rate for the nation was 2.6 percent.
Per Capita Personal Income, 2016
Per Capita Income as a Percent of the United States
Personal Income
In 2016, Michigan City-La Porte had a personal income of $4,204,339*. This personal income ranked 347th in the United States . In 2006, the personal income of Michigan City-La Porte was $3,195,860* and ranked 340th in the United States.
*Personal income estimates are in thousands of dollars, not adjusted for inflation.
| 2015-2016 percent change | 2006-2016 CAGR | |
|---|---|---|
| Michigan City-La Porte | 2.5 % | 2.8 % |
| 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 Michigan City-La Porte.
2015-2016 percent change
| Michigan City-La Porte, IN (MSA) | U.S. | |
|---|---|---|
| Net earnings | 3.1 % | 2.5 % |
| Dividends, interest, and rent | 1.2 % | 1.2 % |
| Personal current transfer receipts | 1.9 % | 3.1 % |
2006-2016 CAGR
| Michigan City-La Porte, IN (MSA) | U.S. | |
|---|---|---|
| Net earnings | 2.1 % | 2.8 % |
| Dividends, interest, and rent | 2.5 % | 3.7 % |
| Personal current transfer receipts | 5.1 % | 5.5 % |
| CAGR: compound annual growth rate | ||
Percent Contribution to Personal Income
| Michigan City-La Porte, IN (MSA) | United States | |
|---|---|---|
| 2006 | 
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| 2016 | 
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| Net earnings by place of residence | ||
| Dividends, interest, and rent | ||
| Personal current transfer receipts | ||