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Personal income last published on November 16, 2017.
Personal Income for Springfield
Springfield is one of 382 Metropolitan Statistical Areas (MSAs) in the nation. Its 2016 population of 210,015 ranked 211th in the nation.
Per Capita Personal Income
In 2016, Springfield had a per capita personal income (PCPI) of $44,350. This PCPI ranked 141st in the United States and was 90 percent of the national average, $49,246. The 2016 PCPI reflected an increase of 1.5 percent from 2015. The 2015-2016 national change was 1.6 percent. In 2006, the PCPI of Springfield was $34,057 and ranked 150th 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, Springfield had a personal income of $9,314,128*. This personal income ranked 203rd in the United States . In 2006, the personal income of Springfield was $7,011,910* and ranked 194th in the United States.
*Personal income estimates are in thousands of dollars, not adjusted for inflation.
| 2015-2016 percent change | 2006-2016 CAGR | |
|---|---|---|
| Springfield | 1.1 % | 2.9 % |
| 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 Springfield.
2015-2016 percent change
| Springfield, IL (MSA) | U.S. | |
|---|---|---|
| Net earnings | 0.9 % | 2.5 % |
| Dividends, interest, and rent | 1.1 % | 1.2 % |
| Personal current transfer receipts | 1.5 % | 3.1 % |
2006-2016 CAGR
| Springfield, IL (MSA) | U.S. | |
|---|---|---|
| Net earnings | 1.9 % | 2.8 % |
| Dividends, interest, and rent | 4.1 % | 3.7 % |
| Personal current transfer receipts | 5.4 % | 5.5 % |
| CAGR: compound annual growth rate | ||
Percent Contribution to Personal Income
| Springfield, IL (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 | ||