Washington County vs. Oregon
Comparative Trends Analysis:
Total Personal Income Growth and Change, 1969-2022
Introduction
Washington County vs. Oregon
Washington County:
2022 TPI = $44,040,839K
2022 Percent of State = 16.67%
Oregon:
2022 TPI = $264,173,844K
2022 Percent of U.S. = 1.21%
The annual total personal incomes (TPI) estimates compiled by the Bureau of Economic Analysis, (BEA) are among the most comprehensive, consistent, comparable and timely measures of economic activity available statewide and at the national levels. Personal income estimates are also the best available local level indicator of general purchasing power, and are therefore central to tracking and comparing county patterns of economic growth and change.
The following graphs highlight trends in the pattern of growth and change in the total personal income of Washington County and Oregon with comparison to the nation. The data used are those compiled by the Regional Income and Product Divisions of the Bureau of Economic Analysis, U.S. Department of Commerce. The 2017 constant dollar (real) estimates of total personal income reported in the tables and portrayed graphically below are determined using the Implicit Price Deflator for Personal Consumption.
Data Definition:
Personal income is the income received by persons from participation in production, plus transfer receipts from government and business, plus government interest (which is treated like a transfer receipt). It is defined as the sum of wages and salaries, supplements to wages and salaries, proprietors' income with inventory valuation and capital consumption adjustments, rental income of persons with capital consumption adjustment, personal dividend income, personal interest income, and personal current transfer receipts, less contributions for government social insurance. Because the personal income of an area represents the income that is received by, or on behalf of, all the persons who live in that area, and because the estimates of some components of personal income (wages and salaries, supplements to wages and salaries, and contributions for government social insurance) are made on a place-of-work basis, state personal income includes an adjustment for residence. The residence adjustment represents the net flow of compensation (less contributions for government social insurance) of interstate commuters.
Washington County Total Personal Income, 1970-2022
Current vs. Constant Dollars (Millions)
Washington County Total Personal Income, 1970-2022
Current vs. Constant Dollars (Millions)
Figure 1.
Figure 1 depicts Washington County's annual total 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 Washington County over time.
When measured in current dollars, Washington County's total personal income increased 5,958.39%, from $727M in 1970 to $44,041M in 2022. When measured in constant 2017 dollars to adjust for inflation, it advanced 931.95%, from $3,678M in 1970 to $37,952M in 2022.
Real Total Personal Income, 1969-2022 (Millions)
Real Total Personal Income, 1969-2022 (Millions)
Figure 2.
Figure 2 traces Washington County's and Oregon's annual real total personal income for the period 1969-2022 to illustrate real total personal income patterns over time. During this 54-year period, Washington County's real total personal income rose from $3,628M in 1969 to $37,952M in 2022, for a net gain of $34,324M, or 946.18%. In comparison, Oregon's real total personal income advanced from $41,477M in 1969 to $227,652M in 2022, for a net advance of $186,174M, or 448.86%.
Real Total Personal Income Indices (1969=100): 1969-2022
Real Total Personal Income Indices (1969=100): 1969-2022
Figure 3.
Figure 3 shows Washington County's real total 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 total personal income in 1969 as a base figure of 100, and the real total personal incomes in later years as a percentage of the 1969 base figure. This method allows for more direct comparison of differences in real total personal income growth between regions that may differ vastly in size.
Washington County's overall real total personal income growth was 946.18% over 1969-2022 outpaced Oregon's increase of 448.86%, and topped the United States' increase of 348.76%.
Total Personal Income as a Percent of the Oregon Total: 1969-2022
Total Personal Income as a Percent of the Oregon Total: 1969-2022
Figure 4.
Another interesting and insightful way of comparing the total personal income growth of Washington County is to compare its individual percentage contributions to Oregon's statewide total personal income over time, as shown in Figure 4. A rising share means a region's total personal income grew faster, or declined less, than Oregon's total personal income, while a declining share shows it grew more slowly.
In 1969, Washington County's total personal income totaled 8.75% of Oregon's total personal income, while in 2022 it comprised 16.67% thereby yielding a +7.92% share-shift.
   
 
Total Personal Income Share-Shift
2022 vs. 1969
 
Share-
Shift*
 
2022
vs.
1969
+7.92%
=
16.67%
-
8.75%
 
   
Washington County Real Total Personal Income:
Annual Percent Change, 1970-2022
Washington County Real Total Personal Income:
Annual Percent Change, 1970-2022
Figure 5.
Figure 5 highlights the short-run pattern of Washington County's real total 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, Washington County's real total personal income grew at an annual rate of 4.59% over 1970-2022. The county posted its highest growth in 1973 (11.13%) and recorded its lowest growth in 2022 (-4.01%). In 2022, Washington County's real total personal income declined by -4.01%
Washington County Real Total Personal Income:
Annual Percent Change and Decade Averages Over 1970-2022
Washington County Real Total 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 illustrates the annual percent change in Washington County's real total 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, Washington County's annual real total personal income growth rate averaged 7.44%. It averaged 3.51% in the 1980s, 6.02% in the 1990s, 2.70% during the 2000s, 4.01% throughout the 2010s, 2.16% thus far this decade (2020-2022).
Real Total Personal Income Growth:
Average Annual Percent Change by Decade
Real Total Personal Income Growth:
Average Annual Percent Change by Decade
Figure 7.
Figure 7 compares the decade average growth rates for Washington County noted in the previous graph with the corresponding decade averages for Oregon and the nation. As the chart reveals, Washington County's average annual real total personal income growth surpassed Oregon's average in the 1970s (7.44% vs. 5.30%), led Oregon's average in the 1980s (3.51% vs. 1.94%), outperformed Oregon's average throughout the 1990s (6.02% vs. 4.07%), outgained Oregon's average in the 2000s (2.70% vs. 1.95%), outperformed Oregon's average throughout the 2010s (4.01% vs. 3.49%), and lagged Oregon's average over the 3 year period of the current decade, 2020-2022 (2.16% vs. 2.48%).
Finally, relative to nationwide real total personal income growth trends, Washington County surpassed the nation over the 1970s (7.44% vs. 3.50%), topped the nation during the 1980s (3.51% vs. 3.16%), surpassed the nation over the 1990s (6.02% vs. 3.27%), outperformed the nation throughout the 2000s (2.70% vs. 2.06%), recorded above the nation throughout the 2010s (4.01% vs. 2.72%), and surpassed the nation over 2020-2022 (2.16% vs. 2.10%).
   
 
Real* Total Personal Income Growth:
Average Annual Percent Change
 
 
 
4.59
7.44
3.51
6.02
2.70
4.01
2.16
-4.01
 
3.30
5.30
1.94
4.07
1.95
3.49
2.48
-5.43
 
2.89
3.50
3.16
3.27
2.06
2.72
2.10
-4.19
 
   

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

   
 
Washington County:
Total Personal Income, 1969-2022
 
1969
 
685,018
0.189
3,627,697
100.0
N
8.75
1970
 
726,940
0.198
3,677,729
101.4
1.38
8.52
1971
 
801,038
0.206
3,887,590
107.2
5.71
8.54
1972
 
917,535
0.213
4,306,059
118.7
10.76
8.73
1973
 
1,074,511
0.225
4,785,175
131.9
11.13
9.07
1974
 
1,252,665
0.248
5,052,495
139.3
5.59
9.33
1975
 
1,403,494
0.269
5,225,220
144.0
3.42
9.41
1976
 
1,612,192
0.283
5,690,156
156.9
8.90
9.58
1977
 
1,864,793
0.302
6,179,722
170.3
8.60
9.91
1978
 
2,200,370
0.323
6,817,357
187.9
10.32
10.20
1979
 
2,602,162
0.351
7,404,496
204.1
8.61
10.67
1980
 
2,985,335
0.389
7,668,863
211.4
3.57
11.04
1981
 
3,263,070
0.424
7,693,198
212.1
0.32
11.19
1982
 
3,417,756
0.448
7,633,861
210.4
-0.77
11.40
1983
 
3,619,009
0.467
7,753,469
213.7
1.57
11.34
1984
 
3,981,974
0.484
8,220,595
226.6
6.02
11.53
1985
 
4,195,426
0.501
8,369,426
230.7
1.81
11.56
1986
 
4,507,355
0.512
8,800,162
242.6
5.15
11.80
1987
 
4,788,232
0.528
9,068,278
250.0
3.05
11.96
1988
 
5,306,243
0.549
9,671,454
266.6
6.65
12.13
1989
 
5,963,740
0.573
10,415,012
287.1
7.69
12.42
1990
 
6,622,370
0.598
11,078,829
305.4
6.37
12.75
1991
 
7,045,411
0.618
11,405,140
314.4
2.95
12.87
1992
 
7,629,284
0.634
12,029,776
331.6
5.48
13.06
1993
 
8,333,969
0.650
12,821,491
353.4
6.58
13.33
1994
 
9,103,460
0.664
13,719,121
378.2
7.00
13.60
1995
 
10,152,436
0.678
14,984,261
413.1
9.22
14.09
1996
 
11,117,608
0.692
16,065,211
442.8
7.21
14.31
1997
 
12,141,584
0.704
17,244,853
475.4
7.34
14.76
1998
 
12,708,637
0.710
17,907,812
493.6
3.84
14.63
1999
 
13,431,246
0.720
18,654,249
514.2
4.17
14.93
2000
 
14,949,486
0.738
20,250,719
558.2
8.56
15.43
2001
 
15,159,827
0.753
20,132,038
555.0
-0.59
15.19
2002
 
15,144,236
0.763
19,850,619
547.2
-1.40
14.99
2003
 
15,730,605
0.779
20,194,887
556.7
1.73
15.02
2004
 
16,913,672
0.798
21,187,909
584.1
4.92
15.30
2005
 
18,190,776
0.821
22,149,568
610.6
4.54
15.67
2006
 
19,849,798
0.844
23,507,577
648.0
6.13
15.68
2007
 
21,031,816
0.866
24,284,199
669.4
3.30
15.86
2008
 
22,358,361
0.892
25,073,860
691.2
3.25
16.10
2009
 
21,533,586
0.889
24,216,536
667.5
-3.42
16.02
2010
 
21,984,516
0.905
24,288,526
669.5
0.30
15.94
2011
 
23,880,745
0.928
25,732,452
709.3
5.94
16.43
2012
 
25,492,144
0.945
26,966,112
743.3
4.79
16.71
2013
 
25,600,659
0.958
26,728,327
736.8
-0.88
16.53
2014
 
27,903,307
0.971
28,730,457
792.0
7.49
16.89
2015
 
30,194,977
0.973
31,033,183
855.5
8.01
17.01
2016
 
31,500,937
0.983
32,050,931
883.5
3.28
16.93
2017
 
33,729,045
1.000
33,729,045
929.8
5.24
17.10
2018
 
36,151,811
1.020
35,426,628
976.6
5.03
17.21
2019
 
36,988,374
1.035
35,733,071
985.0
0.87
16.81
2020
 
40,690,172
1.046
38,887,726
1,072.0
8.83
16.96
2021
 
43,096,551
1.090
39,537,757
1,089.9
1.67
16.43
2022
 
44,040,839
1.160
37,952,172
1,046.2
-4.01
16.67
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_300_PSN
 
   

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

   
 
Oregon:
Total Personal Income, 1969-2022
 
1969
 
7,832,186
0.189
41,477,445
100.0
N
0.99
1970
 
8,537,112
0.198
43,190,893
104.1
4.13
1.00
1971
 
9,382,814
0.206
45,536,588
109.8
5.43
1.01
1972
 
10,511,429
0.213
49,330,904
118.9
8.33
1.03
1973
 
11,845,440
0.225
52,751,904
127.2
6.93
1.05
1974
 
13,431,788
0.248
54,175,727
130.6
2.70
1.08
1975
 
14,919,665
0.269
55,546,035
133.9
2.53
1.10
1976
 
16,821,714
0.283
59,371,454
143.1
6.89
1.12
1977
 
18,812,438
0.302
62,342,385
150.3
5.00
1.14
1978
 
21,563,442
0.323
66,809,524
161.1
7.17
1.16
1979
 
24,389,914
0.351
69,401,912
167.3
3.88
1.18
1980
 
27,037,638
0.389
69,455,502
167.5
0.08
1.17
1981
 
29,153,824
0.424
68,734,702
165.7
-1.04
1.13
1982
 
29,990,192
0.448
66,985,754
161.5
-2.54
1.08
1983
 
31,912,923
0.467
68,371,161
164.8
2.07
1.07
1984
 
34,539,865
0.484
71,305,900
171.9
4.29
1.05
1985
 
36,298,355
0.501
72,411,337
174.6
1.55
1.03
1986
 
38,195,548
0.512
74,573,006
179.8
2.99
1.03
1987
 
40,028,834
0.528
75,809,314
182.8
1.66
1.02
1988
 
43,729,905
0.549
79,704,557
192.2
5.14
1.03
1989
 
48,034,370
0.573
83,886,712
202.2
5.25
1.04
1990
 
51,924,984
0.598
86,867,393
209.4
3.55
1.06
1991
 
54,721,664
0.618
88,583,650
213.6
1.98
1.08
1992
 
58,422,080
0.634
92,119,331
222.1
3.99
1.08
1993
 
62,515,825
0.650
96,178,192
231.9
4.41
1.11
1994
 
66,933,205
0.664
100,869,861
243.2
4.88
1.13
1995
 
72,043,802
0.678
106,331,437
256.4
5.41
1.15
1996
 
77,668,514
0.692
112,232,871
270.6
5.55
1.17
1997
 
82,276,640
0.704
116,858,608
281.7
4.12
1.16
1998
 
86,877,803
0.710
122,420,002
295.1
4.76
1.15
1999
 
89,931,392
0.720
124,902,976
301.1
2.03
1.13
2000
 
96,913,747
0.738
131,280,305
316.5
5.11
1.12
2001
 
99,785,736
0.753
132,514,058
319.5
0.94
1.11
2002
 
101,042,146
0.763
132,443,075
319.3
-0.05
1.10
2003
 
104,729,621
0.779
134,451,461
324.2
1.52
1.11
2004
 
110,580,697
0.798
138,525,433
334.0
3.03
1.10
2005
 
116,073,359
0.821
141,333,982
340.7
2.03
1.10
2006
 
126,600,112
0.844
149,929,076
361.5
6.08
1.12
2007
 
132,605,592
0.866
153,111,864
369.1
2.12
1.11
2008
 
138,899,921
0.892
155,769,789
375.6
1.74
1.12
2009
 
134,391,819
0.889
151,136,198
364.4
-2.97
1.11
2010
 
137,926,267
0.905
152,381,142
367.4
0.82
1.10
2011
 
145,345,124
0.928
156,615,150
377.6
2.78
1.09
2012
 
152,601,501
0.945
161,424,991
389.2
3.07
1.10
2013
 
154,851,248
0.958
161,672,198
389.8
0.15
1.10
2014
 
165,171,917
0.971
170,068,180
410.0
5.19
1.12
2015
 
177,478,055
0.973
182,404,809
439.8
7.25
1.15
2016
 
186,104,953
0.983
189,354,272
456.5
3.81
1.17
2017
 
197,262,336
1.000
197,262,336
475.6
4.18
1.18
2018
 
210,044,887
1.020
205,831,516
496.2
4.34
1.20
2019
 
219,982,662
1.035
212,516,942
512.4
3.25
1.20
2020
 
239,862,474
1.046
229,237,324
552.7
7.87
1.22
2021
 
262,382,376
1.090
240,715,568
580.4
5.01
1.23
2022
 
264,173,844
1.160
227,651,684
548.9
-5.43
1.21
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_300_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:
Total Personal Income, 1969-2022
 
1969
 
791,229,000
0.189
4,190,165,758
100.0
N
1970
 
855,525,000
0.198
4,328,265,709
103.3
3.30
1971
 
924,613,000
0.206
4,487,323,465
107.1
3.67
1972
 
1,016,408,000
0.213
4,770,076,966
113.8
6.30
1973
 
1,133,468,000
0.225
5,047,731,018
120.5
5.82
1974
 
1,244,912,000
0.248
5,021,223,733
119.8
-0.53
1975
 
1,362,505,000
0.269
5,072,617,275
121.1
1.02
1976
 
1,495,704,000
0.283
5,279,017,400
126.0
4.07
1977
 
1,651,632,000
0.302
5,473,329,799
130.6
3.68
1978
 
1,855,849,000
0.323
5,749,934,936
137.2
5.05
1979
 
2,073,296,000
0.351
5,899,598,782
140.8
2.60
1980
 
2,313,972,000
0.389
5,944,235,512
141.9
0.76
1981
 
2,590,995,000
0.424
6,108,676,176
145.8
2.77
1982
 
2,777,640,000
0.448
6,204,105,336
148.1
1.56
1983
 
2,969,333,000
0.467
6,361,584,112
151.8
2.54
1984
 
3,275,415,000
0.484
6,761,937,695
161.4
6.29
1985
 
3,508,482,000
0.501
6,999,046,441
167.0
3.51
1986
 
3,717,756,000
0.512
7,258,548,586
173.2
3.71
1987
 
3,931,800,000
0.528
7,446,308,852
177.7
2.59
1988
 
4,264,433,000
0.549
7,772,592,728
185.5
4.38
1989
 
4,605,107,000
0.573
8,042,309,775
191.9
3.47
1990
 
4,897,332,000
0.598
8,192,943,538
195.5
1.87
1991
 
5,072,291,000
0.618
8,211,045,100
196.0
0.22
1992
 
5,406,546,000
0.634
8,524,985,809
203.5
3.82
1993
 
5,643,648,000
0.650
8,682,535,385
207.2
1.85
1994
 
5,933,938,000
0.664
8,942,579,420
213.4
3.00
1995
 
6,278,125,000
0.678
9,266,058,093
221.1
3.62
1996
 
6,660,854,000
0.692
9,625,094,288
229.7
3.87
1997
 
7,068,422,000
0.704
10,039,373,926
239.6
4.30
1998
 
7,584,003,000
0.710
10,686,661,406
255.0
6.45
1999
 
7,978,449,000
0.720
11,081,025,264
264.5
3.69
2000
 
8,620,234,000
0.738
11,677,052,911
278.7
5.38
2001
 
8,990,104,000
0.753
11,938,732,039
284.9
2.24
2002
 
9,146,700,000
0.763
11,989,225,466
286.1
0.42
2003
 
9,474,684,000
0.779
12,163,560,736
290.3
1.45
2004
 
10,008,929,000
0.798
12,538,275,270
299.2
3.08
2005
 
10,540,800,000
0.821
12,834,755,927
306.3
2.36
2006
 
11,291,446,000
0.844
13,372,153,008
319.1
4.19
2007
 
11,925,044,000
0.866
13,769,145,681
328.6
2.97
2008
 
12,423,410,000
0.892
13,932,275,429
332.5
1.18
2009
 
12,058,253,000
0.889
13,560,635,845
323.6
-2.67
2010
 
12,547,501,000
0.905
13,862,497,514
330.8
2.23
2011
 
13,299,818,000
0.928
14,331,082,712
342.0
3.38
2012
 
13,905,749,000
0.945
14,709,785,897
351.1
2.64
2013
 
14,063,283,000
0.958
14,682,748,144
350.4
-0.18
2014
 
14,778,160,000
0.971
15,216,235,418
363.1
3.63
2015
 
15,467,113,000
0.973
15,896,476,839
379.4
4.47
2016
 
15,884,741,000
0.983
16,162,082,333
385.7
1.67
2017
 
16,658,962,000
1.000
16,658,962,000
397.6
3.07
2018
 
17,514,402,000
1.020
17,163,073,878
409.6
3.03
2019
 
18,343,601,000
1.035
17,721,060,157
422.9
3.25
2020
 
19,609,985,000
1.046
18,741,324,605
447.3
5.76
2021
 
21,392,812,000
1.090
19,626,252,970
468.4
4.72
2022
 
21,820,248,000
1.160
18,803,588,325
448.8
-4.19
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_300_PN
 
   
Copyright © 2023. Pacific Northwest Regional Economic Analysis Project (PNREAP). All Rights Reserved.

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