Grant County vs. Oregon
Comparative Trends Analysis:
Per Capita Personal Income Growth and Change, 1969-2022
Introduction
Grant County vs. Oregon
Grant County:
2022 PCI = $51,240
2022 Percent of State = 82.24%
Oregon:
2022 PCI = $62,303
Per Capita Income (PCI) is one of the most widely used indicators for gauging the economic performance and changing fortunes of local economies. It is used as a yardstick to assess the economic well being of a region's residents and the quality of consumer markets. It serves as a barometer for calibrating the economic performance of a region over time and to judge differences in relative economic prosperity between regions. 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.
Data Definition:
This measure of income is calculated as the total personal income of the residents of an area divided by the population of the area. Per capita personal income is often used as an indicator of consumers' purchasing power and of the economic well-being of the residents of an area.
Personal income is measured as a flow throughout the year, while the measurement of population is at one point in mid-year. Therefore, per capita income is distorted if a significant change in population occurs during the year.
For smaller counties in particular, per capita income in any given year may be exceptionally high or low for the short run because of unusual local conditions, such as a bumper crop, a catastrophe, or a major construction project as the building of a dam or nuclear power plant.
Farm incomes are notorious for being especially volatile year-to-year, owing to changing weather, commodity market conditions, and alterations in government programs. Therefore, the per capita income of farm-dependent counties may exhibit sharp fluctuations over time.
The presence of large institutional populations--such as residents attending a local college or the residents of a local prison or state mental institution--can significantly lower the per capita income estimates of an area. Such results may not reflect the relative economic well being of the non-institutional population and may mislead if care is not given to their interpretation.
Grant County Per Capita Personal Income, 1970-2022
Current vs. Constant Dollars
Grant County Per Capita Personal Income, 1970-2022
Current vs. Constant Dollars
Figure 1.
Figure 1 depicts Grant County's annual per capita personal income over 1970-2022 in current and constant (2017) dollars. Constant dollar measurements remove the effects of inflation. They allow for comparison of changes in the real purchasing power of Grant County over time.
When measured in current dollars, Grant County's per capita personal income increased 1,226.97%, from $3,861 in 1970 to $51,240 in 2022. When measured in constant 2017 dollars to adjust for inflation, it advanced 126.03%, from $19,536 in 1970 to $44,156 in 2022.
Real Per Capita Personal Income, 1969-2022
Real Per Capita Personal Income, 1969-2022
Figure 2.
Figure 2 traces Grant County's and Oregon's annual real per capita personal income for the period 1969-2022 to illustrate real per capita personal income patterns over time. During this 54-year period, Grant County's real per capita personal income rose from $20,012 in 1969 to $44,156 in 2022, for a net gain of $24,145, or 120.65%. In comparison, Oregon's real per capita personal income advanced from $20,115 in 1969 to $53,690 in 2022, for a net gain of $33,575, or 166.91%.
Real Per Capita Personal Income Indices (1969=100): 1969-2022
Real Per Capita Personal Income Indices (1969=100): 1969-2022
Figure 3.
Figure 3 portrays Grant County's real per capita personal income growth in a broader context by offering direct comparisons across time with Oregon, the United States. The growth indices shown here express each region's real per capita personal income in 1969 as a base figure of 100, and the real per capita personal incomes in later years as a percentage of the 1969 base figure. This method allows for more direct comparison of differences in real per capita personal income growth between regions that may differ vastly in size.
Grant County's overall real per capita personal income growth was 120.65% over 1969-2022 trailed Oregon's increase of 166.91%, and fell below the United States' increase of 171.04%.
Per Capita Personal Income as a Percent of the U.S. Average: 1969-2022
Per Capita Personal Income as a Percent of the U.S. Average: 1969-2022
Figure 4.
Figure 4 depicts the trends for per capita personal income relative to the national average by tracing Grant County and Oregon per capita personal income as a percent of the national average over 1969-2022.
In 1969, Grant County's per capita personal income amounted to 96.14% of the national average; in 2022, it approximated 78.27%. Similarly, in 1969, Oregon's per capita personal income totaled 96.63% of the national average; in 2022, it consisted of 95.16%.
Grant County Real Per Capita Personal Income:
Annual Percent Change, 1970-2022
Grant County Real Per Capita Personal Income:
Annual Percent Change, 1970-2022
Figure 5.
Figure 5 displays the short-run pattern of Grant County's real per capita personal income growth by tracking the year-to-year percent change over 1970-2022. The average annual percent change for the entire 53-year period is also traced on this chart to provide a benchmark for gauging periods of relative high--and relative low--growth against the backdrop of the long-term average.
On average, Grant County's real per capita personal income grew at an annual rate of 1.60% over 1970-2022. The county recorded its highest growth in 1972 (14.99%) and posted its lowest growth in 1982 (-7.95%). In 2022, Grant County's real per capita personal income declined by -5.31%
Grant County Real Per Capita Personal Income:
Annual Percent Change and Decade Averages Over 1970-2022
Grant County Real Per Capita Personal Income:
Annual Percent Change and Decade Averages Over 1970-2022
Figure 6.
Over the past five decades some counties have experienced extreme swings in growth, and often such swings have tended to coincide with the decades themselves. Figure 6 again depicts the annual percent change in Grant County's real per capita personal income since 1970, but this time they are displayed with average growth rates for the decade of the 1970s, 1980s, 1990s, 2000s, 2010s, and 2020-2022.
During the 1970s, Grant County's annual real per capita personal income growth rate averaged 2.55%. It averaged 0.16% during the 1980s, 1.14% in the 1990s, 1.48% throughout the 2000s, 2.50% throughout the 2010s, 2.18% thus far this decade (2020-2022).
Real Per Capita Personal Income Growth:
Average Annual Percent Change by Decade
Real Per Capita Personal Income Growth:
Average Annual Percent Change by Decade
Figure 7.
Figure 7 compares the decade average growth rates for Grant County noted in the previous graph with the corresponding decade averages for Oregon and the nation. As the chart reveals, Grant County's average annual real per capita personal income growth posted below Oregon's average during the 1970s (2.55% vs. 2.97%), lagged Oregon's average during the 1980s (0.16% vs. 1.14%), posted below Oregon's average throughout the 1990s (1.14% vs. 2.05%), outperformed Oregon's average during the 2000s (1.48% vs. 0.78%), outgained Oregon's average in the 2010s (2.50% vs. 2.44%), and amounted to less than Oregon's average over the 3 year period of the current decade, 2020-2022 (2.18% vs. 2.26%).
Finally, relative to nationwide real per capita personal income growth trends, Grant County exceeded the nation during the 1970s (2.55% vs. 2.37%), posted below the nation during the 1980s (0.16% vs. 2.19%), fell under the nation during the 1990s (1.14% vs. 2.01%), outgained the nation in the 2000s (1.48% vs. 1.10%), led the nation over the 2010s (2.50% vs. 1.97%), and recorded above the nation over 2020-2022 (2.18% vs. 1.78%).
   
 
Real* Per Capita Personal Income Growth:
Average Annual Percent Change
 
 
 
1.60
2.55
0.16
1.14
1.48
2.50
2.18
-5.31
 
1.90
2.97
1.14
2.05
0.78
2.44
2.26
-5.07
 
1.92
2.37
2.19
2.01
1.10
1.97
1.78
-4.55
 
   

Interactive TableTip: To augment your analysis click on the column headers in the following table to rank and/or sort the data.

   
 
Grant County:
Per Capita Personal Income, 1969-2022
 
1969
 
3,779
0.189
20,012
100.0
N
99.49
96.14
1970
 
3,861
0.198
19,536
97.6
-2.38
95.00
91.99
1971
 
4,026
0.206
19,539
97.6
0.02
92.25
90.05
1972
 
4,787
0.213
22,468
112.3
14.99
99.98
98.57
1973
 
4,927
0.225
21,942
109.6
-2.34
93.12
91.87
1974
 
5,053
0.248
20,380
101.8
-7.12
85.81
86.59
1975
 
5,763
0.269
21,456
107.2
5.28
89.80
91.13
1976
 
6,447
0.283
22,754
113.7
6.05
90.91
93.77
1977
 
6,870
0.302
22,768
113.8
0.06
89.09
91.42
1978
 
7,410
0.323
22,959
114.7
0.84
86.24
88.68
1979
 
8,880
0.351
25,269
126.3
10.06
93.88
96.19
1980
 
9,112
0.389
23,408
117.0
-7.37
89.01
89.48
1981
 
9,933
0.424
23,419
117.0
0.05
90.90
87.97
1982
 
9,651
0.448
21,556
107.7
-7.95
85.76
80.49
1983
 
10,760
0.467
23,053
115.2
6.94
89.46
84.72
1984
 
11,235
0.484
23,194
115.9
0.61
86.74
80.89
1985
 
11,878
0.501
23,696
118.4
2.16
87.46
80.55
1986
 
12,033
0.512
23,494
117.4
-0.85
84.54
77.73
1987
 
12,451
0.528
23,581
117.8
0.37
84.02
76.73
1988
 
13,390
0.549
24,406
122.0
3.50
83.94
76.77
1989
 
14,556
0.573
25,421
127.0
4.16
84.57
78.02
1990
 
15,181
0.598
25,397
126.9
-0.10
83.63
77.38
1991
 
15,841
0.618
25,643
128.1
0.97
84.78
79.01
1992
 
16,884
0.634
26,623
133.0
3.82
86.46
80.11
1993
 
18,106
0.650
27,855
139.2
4.63
88.63
83.39
1994
 
18,227
0.664
27,468
137.3
-1.39
85.00
80.82
1995
 
18,532
0.678
27,352
136.7
-0.42
81.91
78.60
1996
 
19,216
0.692
27,768
138.8
1.52
80.34
77.72
1997
 
20,168
0.704
28,645
143.1
3.16
81.00
77.79
1998
 
19,691
0.710
27,746
138.6
-3.14
75.98
71.62
1999
 
20,454
0.720
28,408
142.0
2.39
77.19
71.54
2000
 
20,947
0.738
28,375
141.8
-0.12
74.13
68.56
2001
 
23,425
0.753
31,108
155.4
9.63
81.41
74.25
2002
 
23,817
0.763
31,219
156.0
0.36
82.82
74.90
2003
 
24,569
0.779
31,541
157.6
1.03
83.22
75.23
2004
 
25,907
0.798
32,454
162.2
2.89
83.63
75.79
2005
 
24,636
0.821
29,998
149.9
-7.57
76.69
69.07
2006
 
26,769
0.844
31,702
158.4
5.68
77.62
70.74
2007
 
27,692
0.866
31,974
159.8
0.86
77.74
69.95
2008
 
28,138
0.892
31,556
157.7
-1.31
76.35
68.88
2009
 
28,983
0.889
32,595
162.9
3.29
82.14
73.74
2010
 
29,758
0.905
32,876
164.3
0.86
82.80
73.37
2011
 
31,467
0.928
33,907
169.4
3.13
83.84
73.78
2012
 
32,359
0.945
34,230
171.1
0.95
82.70
73.15
2013
 
32,797
0.958
34,242
171.1
0.03
83.11
73.87
2014
 
36,016
0.971
37,084
185.3
8.30
86.47
77.81
2015
 
37,375
0.973
38,412
191.9
3.58
84.62
77.77
2016
 
37,821
0.983
38,481
192.3
0.18
83.18
77.23
2017
 
38,746
1.000
38,746
193.6
0.69
81.46
75.97
2018
 
41,230
1.020
40,403
201.9
4.28
82.12
77.34
2019
 
43,069
1.035
41,608
207.9
2.98
82.54
77.54
2020
 
47,688
1.046
45,576
227.7
9.54
84.39
80.62
2021
 
50,829
1.090
46,631
233.0
2.32
82.45
78.89
2022
 
51,240
1.160
44,156
220.7
-5.31
82.24
78.27
Source: Calculations by the Oregon Regional Economic Analysis Project (OR-REAP)
with data provided by the U.S. Department of Commerce, Bureau of Economic Analysis
November 2023
REAP_PI_CA1400_700_PSN
 
   

Interactive TableTip: To augment your analysis click on the column headers in the following table to rank and/or sort the data.

   
 
Oregon:
Per Capita Personal Income, 1969-2022
 
1969
 
3,798
0.189
20,115
100.0
N
96.63
1970
 
4,065
0.198
20,563
102.2
2.23
96.82
1971
 
4,364
0.206
21,181
105.3
3.00
97.62
1972
 
4,788
0.213
22,472
111.7
6.10
98.59
1973
 
5,291
0.225
23,562
117.1
4.85
98.65
1974
 
5,889
0.248
23,751
118.1
0.80
100.91
1975
 
6,418
0.269
23,895
118.8
0.60
101.49
1976
 
7,091
0.283
25,028
124.4
4.75
103.15
1977
 
7,712
0.302
25,557
127.1
2.11
102.61
1978
 
8,592
0.323
26,621
132.3
4.17
102.83
1979
 
9,460
0.351
26,918
133.8
1.11
102.46
1980
 
10,237
0.389
26,297
130.7
-2.31
100.52
1981
 
10,927
0.424
25,763
128.1
-2.03
96.78
1982
 
11,254
0.448
25,136
125.0
-2.43
93.86
1983
 
12,029
0.467
25,771
128.1
2.52
94.71
1984
 
12,953
0.484
26,740
132.9
3.76
93.26
1985
 
13,581
0.501
27,093
134.7
1.32
92.10
1986
 
14,233
0.512
27,789
138.2
2.57
91.93
1987
 
14,820
0.528
28,067
139.5
1.00
91.33
1988
 
15,952
0.549
29,075
144.5
3.59
91.46
1989
 
17,213
0.573
30,061
149.4
3.39
92.26
1990
 
18,153
0.598
30,369
151.0
1.03
92.53
1991
 
18,686
0.618
30,249
150.4
-0.40
93.20
1992
 
19,528
0.634
30,791
153.1
1.79
92.65
1993
 
20,428
0.650
31,427
156.2
2.07
94.08
1994
 
21,444
0.664
32,317
160.7
2.83
95.09
1995
 
22,624
0.678
33,392
166.0
3.33
95.96
1996
 
23,919
0.692
34,564
171.8
3.51
96.74
1997
 
24,900
0.704
35,366
175.8
2.32
96.04
1998
 
25,915
0.710
36,517
181.5
3.25
94.26
1999
 
26,498
0.720
36,802
183.0
0.78
92.67
2000
 
28,257
0.738
38,277
190.3
4.01
92.49
2001
 
28,774
0.753
38,211
190.0
-0.17
91.21
2002
 
28,759
0.763
37,696
187.4
-1.35
90.43
2003
 
29,523
0.779
37,902
188.4
0.54
90.40
2004
 
30,980
0.798
38,808
192.9
2.39
90.63
2005
 
32,125
0.821
39,116
194.5
0.79
90.06
2006
 
34,488
0.844
40,843
203.0
4.41
91.13
2007
 
35,624
0.866
41,132
204.5
0.71
89.99
2008
 
36,856
0.892
41,332
205.5
0.49
90.21
2009
 
35,286
0.889
39,683
197.3
-3.99
89.77
2010
 
35,941
0.905
39,707
197.4
0.06
88.62
2011
 
37,531
0.928
40,441
201.0
1.85
88.00
2012
 
39,128
0.945
41,390
205.8
2.35
88.45
2013
 
39,462
0.958
41,200
204.8
-0.46
88.88
2014
 
41,653
0.971
42,888
213.2
4.10
89.99
2015
 
44,166
0.973
45,392
225.7
5.84
91.90
2016
 
45,467
0.983
46,261
230.0
1.92
92.84
2017
 
47,565
1.000
47,565
236.5
2.82
93.26
2018
 
50,209
1.020
49,202
244.6
3.44
94.18
2019
 
52,178
1.035
50,408
250.6
2.45
93.93
2020
 
56,507
1.046
54,004
268.5
7.14
95.53
2021
 
61,646
1.090
56,555
281.2
4.72
95.68
2022
 
62,303
1.160
53,690
266.9
-5.07
95.16
Source: Calculations by the Oregon Regional Economic Analysis Project (OR-REAP)
with data provided by the U.S. Department of Commerce, Bureau of Economic Analysis
November 2023
REAP_PI_CA1400_700_PSN
 
   

Interactive TableTip: To augment your analysis click on the column headers in the following table to rank and/or sort the data.

   
 
United States:
Per Capita Personal Income, 1969-2022
 
1969
 
3,931
0.189
20,816
100.0
N
1970
 
4,198
0.198
21,238
102.0
2.03
1971
 
4,471
0.206
21,697
104.2
2.16
1972
 
4,857
0.213
22,793
109.5
5.05
1973
 
5,363
0.225
23,883
114.7
4.78
1974
 
5,836
0.248
23,537
113.1
-1.45
1975
 
6,324
0.269
23,544
113.1
0.03
1976
 
6,875
0.283
24,265
116.6
3.07
1977
 
7,516
0.302
24,906
119.6
2.64
1978
 
8,356
0.323
25,889
124.4
3.95
1979
 
9,232
0.351
26,271
126.2
1.47
1980
 
10,184
0.389
26,160
125.7
-0.42
1981
 
11,291
0.424
26,621
127.9
1.76
1982
 
11,990
0.448
26,781
128.7
0.60
1983
 
12,701
0.467
27,210
130.7
1.61
1984
 
13,889
0.484
28,674
137.7
5.38
1985
 
14,746
0.501
29,417
141.3
2.59
1986
 
15,482
0.512
30,227
145.2
2.75
1987
 
16,228
0.528
30,733
147.6
1.67
1988
 
17,442
0.549
31,790
152.7
3.44
1989
 
18,658
0.573
32,584
156.5
2.50
1990
 
19,619
0.598
32,821
157.7
0.73
1991
 
20,050
0.618
32,457
155.9
-1.11
1992
 
21,077
0.634
33,234
159.7
2.39
1993
 
21,713
0.650
33,405
160.5
0.51
1994
 
22,552
0.664
33,986
163.3
1.74
1995
 
23,577
0.678
34,798
167.2
2.39
1996
 
24,725
0.692
35,729
171.6
2.67
1997
 
25,925
0.704
36,822
176.9
3.06
1998
 
27,493
0.710
38,740
186.1
5.21
1999
 
28,592
0.720
39,711
190.8
2.51
2000
 
30,551
0.738
41,384
198.8
4.21
2001
 
31,548
0.753
41,895
201.3
1.23
2002
 
31,801
0.763
41,684
200.2
-0.50
2003
 
32,659
0.779
41,928
201.4
0.59
2004
 
34,183
0.798
42,821
205.7
2.13
2005
 
35,669
0.821
43,432
208.6
1.43
2006
 
37,843
0.844
44,816
215.3
3.19
2007
 
39,588
0.866
45,710
219.6
1.99
2008
 
40,854
0.892
45,816
220.1
0.23
2009
 
39,307
0.889
44,204
212.4
-3.52
2010
 
40,557
0.905
44,808
215.3
1.36
2011
 
42,649
0.928
45,956
220.8
2.56
2012
 
44,237
0.945
46,795
224.8
1.83
2013
 
44,401
0.958
46,357
222.7
-0.94
2014
 
46,287
0.971
47,659
229.0
2.81
2015
 
48,060
0.973
49,394
237.3
3.64
2016
 
48,971
0.983
49,826
239.4
0.88
2017
 
51,004
1.000
51,004
245.0
2.36
2018
 
53,309
1.020
52,240
251.0
2.42
2019
 
55,547
1.035
53,662
257.8
2.72
2020
 
59,153
1.046
56,533
271.6
5.35
2021
 
64,430
1.090
59,110
284.0
4.56
2022
 
65,470
1.160
56,419
271.0
-4.55
Source: Calculations by the Oregon Regional Economic Analysis Project (OR-REAP)
with data provided by the U.S. Department of Commerce, Bureau of Economic Analysis
November 2023
REAP_PI_CA1400_700_PN
 
   
Copyright © 2023. Pacific Northwest Regional Economic Analysis Project (PNREAP). All Rights Reserved.

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