Income Per Capita California

Real california per capita gdp is 17 76 higher today than 5 years prior in 2014.

Income per capita california. All per capita income values have been inflation adjusted and are reported in 2018 dollars using the bay area consumer price index for all urban consumers from the bureau of labor statistics for silicon valley data the california consumer price index for all urban consumers from the california department of finance may revision forecast april 2019 for california data and the u s. Per capita income is one of the most widely used indicators for gauging the economic performance and changing fortunes of local economies. The per capita gdp growth plus the population growth are approximatly equal to the gdp growth california shown above. Graph and download economic data for per capita personal income in california capcpi from 1929 to 2019 about personal income per capita ca personal income and usa.

In 2019 the per capita real gdp of california stood at 70 662 chained 2012 u s. In 2019 the per capita personal income in california was 66 619 u s. The prcs is part of the census bureau s acs customized for puerto rico. The table below lists countries in the world ranked by gdp at purchasing power parity ppp per capita along with the nominal gdp per capita.

Here are the fifty states and their respective per capita income for the years 2015 2016 and 2017 for comparison. Places and counties with the highest per capita income were concentrated in the san francisco bay area which has a relatively high cost of living. Value for california us dollars. The median place and county in california had a per capita income of roughly 25 000 and the lower third of both types of geographies had per capita incomes with an upper bound of about 20 000.

Ppp takes into account the relative cost of living rather than using only exchange rates therefore providing a more accurate picture of the real differences in income. Compare trends focusing on per capita personal income. Personal income is the income that is received by persons from all sources. Both surveys are updated every year.

In that time the population in california grew by 915 251 2 37 people. Census bureau american community survey acs and puerto rico community survey prcs 5 year estimates. Shifting trends in local per capita income growth have important social and political ramifications and significant implications in formulating local economic development strategies and initiatives. For example maryland consistently remained the state with the highest per capita income rate in 2015 2016 and 2017.