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 2024 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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2024:4 | 306,198,815 | 20 | 445,008,630 | 19 | 2024:3 | 302,794,125 | 20 | 441,205,425 | 19 | 2024:2 | 304,891,294 | 19 | 442,098,588 | 19 | 2024:1 | 302,608,752 | 19 | 438,820,047 | 19 | 2023:4 | 303,747,078 | 20 | 439,875,536 | 19 | 2023:3 | 300,844,748 | 20 | 434,847,543 | 19 | 2023:2 | 296,570,435 | 20 | 430,853,059 | 19 | 2023:1 | 293,771,339 | 20 | 425,043,820 | 19 | 2022:4 | 301,196,611 | 20 | 442,333,846 | 19 | 2022:3 | 301,816,299 | 20 | 433,345,692 | 20 | 2022:2 | 296,504,303 | 20 | 427,777,668 | 19 | 2022:1 | 294,424,137 | 19 | 424,056,825 | 19 | 2021:4 | 313,242,683 | 20 | 450,471,703 | 19 | 2021:3 | 305,144,522 | 20 | 444,609,756 | 19 | 2021:2 | 299,547,213 | 20 | 440,948,721 | 20 | 2021:1 | 289,869,229 | 20 | 471,004,392 | 19 | 2020:4 | 301,000,021 | 20 | 431,074,038 | 19 | 2020:3 | 291,280,225 | 20 | 427,857,345 | 19 | 2020:2 | 267,491,500 | 20 | 436,885,843 | 20 | 2020:1 | 288,806,806 | 19 | 407,392,144 | 19 | % Change 2020:1 to 2024:4 | 6.0% | 25 | 9.2% | 26 |
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 |