OLMIS

by Guy Tauer
Published Jan-17-2013

Coos County Curry County

In 2011, Coos County's per capita personal income (PCPI) reached $32,443. Coos County's PCPI was 86 percent of the statewide average and 78 percent of the U.S. average. The county's PCPI rose by 5.4 percent from 2010, slightly faster than the trend for Oregon statewide (4.5%) and the nation (4.4%).

Over the past 10 years, Coos County's PCPI annual compound growth rate was 3.4 percent, exceeding the statewide rate of 2.5 percent and ahead of the U.S., which moved up an average of 2.9 percent a year since 2001. With the growth, the county's ranking rose three places from 23rd highest in Oregon in 2001 to the 20th highest in 2011. Graph 1 shows real PCPI trends for Oregon and the South Coast over the past three decades.

Contributions to total personal income in Coos County in 2011 were net earnings by place of residence (49%); dividends, interest, and rent (19%); and personal current transfer receipts (32%). A decade earlier, net earnings accounted for a similar portion of personal income (50%). Personal current transfer receipts increased its share over that time, up 7 percentage points from 25 percent in 2001. Dividends, interest, and rent declined by 5 percentage points over the decade.

In comparison, net earnings accounted for 62 percent of Oregon's personal income, 13 percentage points higher than in Coos County. Personal current transfer receipts comprised 20 percent of Oregon's personal income, 12 percentage points lower than in Coos County. Dividends, interest, and rent income accounted for 18 percent of Oregon's personal income in 2011, slightly less than for the county.

Total net earnings growth in Coos County from 2010 to 2011 (5.1%) slightly lagged the state growth rate (5.4%), and the rate for the U.S. (5.2%). Dividends, interest, and rent income increased by 6.6 percent in the county, less than statewide (7.3%) and the U.S. (7.5%). Personal current transfer receipts rose across the board, up 2.6 percent in the county, 2.4 percent in Oregon, and 1.5 percent nationwide. Net earnings growth in Coos County (6.2%) was slightly greater than for the state (5.9%) and for the U.S. (5.7%).

In 2011, Curry County's per capita personal income reached $31,907. Curry's PCPI was 85 percent of the statewide average and 77 percent of the U.S. average The county's PCPI rose by 4.6 percent from 2010, slower than for Oregon statewide (5.4%) and behind the nation (5.2%). Over the past 10 years, Curry's PCPI annual average growth rate was 3.4 percent, lagging behind the statewide rate of 3.7 percent and again just behind the annual U.S. change (3.8%) since 2001. The county's PCPI ranking dropped from 19th highest in Oregon in 2001 to the 23rd highest in 2011.

Contributions to total personal income in Curry County in 2011 were net earnings by place of residence (40%); dividends, interest, and rent (26%); and personal current transfer receipts (34%). A decade earlier, net earnings also accounted for 40 percent of personal income. Over the decade, personal current transfer receipts increased its share, up from 26 percent in 2001. Dividends, interest, and rent fell by 7 percentage points over the decade.

In comparison, net earnings accounted for 62 percent of Oregon's personal income, 22 percentage points higher than in Curry County. Personal current transfer receipts comprised 20 percent of Oregon's personal income, 14 percentage points lower than in Curry County. Dividends, interest, and rent income accounted for 18 percent of Oregon's personal income in 2011, 8 percentage points less than in Curry County.

Curry County total net earnings rose by 5.8 percent from 2010 to 2011, similar to Oregon (5.9%), and the U.S. (5.7%). Dividends, interest, and rent increased by 6.1 percent in the county, by 7.3 percent statewide, and by 7.5 percent in the U.S. Personal current transfer receipts rose across the board, up 2.2 percent in the county, 2.4 percent in Oregon, and 1.5 percent nationwide.

For more information, go to www.bea.gov and click on "state and local area personal income." The Bureau of Economic Analysis also has some useful interactive charts, maps, and graphs for comparing statistics to other areas.