Annual Earnings and Income over Time 2024 Adjusted Dollars | Earnings by Place of Work adj. ($000) | Rank | Personal Income by Place of Residence adj. ($000) | Rank |
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2024 | 304,123,258 | 19 | 441,783,183 | 19 | 2023 | 298,733,400 | 20 | 432,654,990 | 19 | 2022 | 298,485,338 | 20 | 431,878,508 | 19 | 2021 | 301,950,912 | 20 | 451,758,643 | 19 |
Source: U.S. Bureau of Economic Analysis |
Quarterly Earnings and Income over Time 2025 Adjusted Dollars (Millions of dollars, seasonally adjusted) | Earnings by Place of Work adj. ($000,000) | Rank | Personal Income by Place of Residence adj. ($000,000) | Rank |
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2025:1 | 309,583,453 | 20 | 452,161,798 | 19 | 2024:4 | 313,307,290 | 20 | 455,775,517 | 19 | 2024:3 | 310,246,299 | 20 | 452,079,482 | 19 | 2024:2 | 312,487,520 | 19 | 453,105,156 | 19 | 2024:1 | 310,162,579 | 19 | 449,757,713 | 19 | 2023:4 | 311,276,629 | 20 | 450,779,559 | 19 | 2023:3 | 308,302,353 | 20 | 445,626,928 | 19 | 2023:2 | 303,922,085 | 20 | 441,533,426 | 19 | 2023:1 | 301,053,602 | 20 | 435,580,182 | 19 | 2022:4 | 308,662,939 | 20 | 453,298,808 | 19 | 2022:3 | 309,297,988 | 20 | 444,087,848 | 20 | 2022:2 | 303,854,313 | 20 | 438,381,799 | 19 | 2022:1 | 301,722,583 | 19 | 434,568,720 | 19 | 2021:4 | 321,007,620 | 20 | 461,638,394 | 19 | 2021:3 | 312,708,714 | 20 | 455,631,135 | 19 | 2021:2 | 306,972,654 | 20 | 451,879,348 | 20 | 2021:1 | 297,054,764 | 20 | 482,680,065 | 19 | % Change 2021:1 to 2025:1 | 4.2% | 40 | -6.3% | 41 |
Source: U.S. Bureau of Economic Analysis |
Source: U.S. Bureau of Economic Analysis
Personal Income in 2024 | Amount ($000) | 5-Year Adj. % Change | Rank |
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Total Earnings by Place of Work | $304,123,258 | 7.7% | 22 | Minus:     Contributions for government social insurance | $34,395,849 | 8.2% | 23 |   Personal contributions for government social insurance | $18,998,869 | 9.3% | 22 |   Employer contributions for government social insurance | $15,396,980 | 6.9% | 23 | Plus:       Adjustment for residence | $9,237,467 | 3.9% | 24 | Equals:    Net Earnings by Place of Residence | $278,964,876 | 7.5% | 21 | Plus:       Dividends, rent, interest | $70,510,123 | 12.2% | 28 | Plus:       Transfer payments | $92,308,184 | 18.1% | 20 | Equals:   Personal Income by Place of Residence | $441,783,183 | 10.3% | 22 |
*Adj = Adjusted for Inflation Source: U.S. Bureau of Economic Analysis |