An interactive visualization of real personal income growth and change in metropolitan areas.
The Bureau of Economic Analysis, an agency of the United States Department of Commerce, collects and analyses data regarding the U.S. and world economies. One series is personal income, defined by BEA as “Personal income is the income received by, or on behalf of, all persons from all sources: from participation as laborers in production, from owning a home or unincorporated business, from the ownership of financial assets, and from government and business in the form of transfer receipts. It includes income from domestic sources as well as from the rest of the world. Personal income is the income that is available to persons for consumption expenditures, taxes, interest payments, transfer payments to governments and the rest of the world, or for saving.” 1
This interactive visualization holds personal income, per capita personal income, and population for United States metropolitan areas. I’ve adjusted some figures for the effects of inflation by casting them in 2017 dollars using the Consumer Price index.
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- Bureau of Economic Analysis. Local Area Personal Income. Available at https://www.bea.gov/newsreleases/regional/lapi/lapi_newsrelease.htm. ↩