Jackson County vs. Alabama
Comparative Trends Analysis:
Total Personal Income Growth and Change, 1969-2020
Introduction
Jackson County vs. Alabama
Jackson County:
2020 TPI = $2,067,884K
2020 Percent of State = 0.9%
Alabama:
2020 TPI = $228,748,804K
2020 Percent of U.S. = 1.2%
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 Jackson County and Alabama 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 2012 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.
Jackson County Total Personal Income, 1970-2020
Current vs. Constant Dollars (Millions)
Jackson County Total Personal Income, 1970-2020
Current vs. Constant Dollars (Millions)
Figure 1.
Figure 1 depicts Jackson County's annual total personal income over 1970-2020 in current and constant (2012) dollars. Constant dollar measurements remove the effects of inflation. They allow for comparison of changes in the real purchasing power of Jackson County over time.
When measured in current dollars, Jackson County's total personal income increased 1,752.8%, from $112M in 1970 to $2,068M in 2020. When measured in constant 2012 dollars to adjust for inflation, it advanced 248.3%, from $534M in 1970 to $1,859M in 2020.
Real Total Personal Income, 1969-2020 (Millions)
Real Total Personal Income, 1969-2020 (Millions)
Figure 2.
Figure 2 tracks Jackson County's and Alabama's annual real total personal income for the period 1969-2020 to illustrate real total personal income patterns over time. During this 52-year period, Jackson County's real total personal income rose from $491M in 1969 to $1,859M in 2020, for a net gain of $1,368M, or 278.8%. In comparison, Alabama's real total personal income advanced from $48,747M in 1969 to $205,663M in 2020, for a net gain of $156,916M, or 321.9%.
Real Total Personal Income Indices (1969=100): 1969-2020
Real Total Personal Income Indices (1969=100): 1969-2020
Figure 3.
Figure 3 portrays Jackson County's real total personal income growth in a broader context by offering direct comparisons across time with Alabama, 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.
Jackson County's overall real total personal income growth was 278.8% over 1969-2020 trailed Alabama's increase of 321.9%, and fell below the United States' increase of 345.1%.
Total Personal Income as a Percent of the Alabama Total: 1969-2020
Total Personal Income as a Percent of the Alabama Total: 1969-2020
Figure 4.
Another interesting and insightful way of comparing the total personal income growth of Jackson County is to compare its individual percentage contributions to Alabama'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 Alabama's total personal income, while a declining share shows it grew more slowly.
In 1969, Jackson County's total personal income comprised 1.01% of Alabama's total personal income, while in 2020 it comprised 0.90% thereby yielding a -0.10% share-shift.
   
 
Total Personal Income Share-Shift
2020 vs. 1969
 
Share-
Shift*
 
2020
vs.
1969
-0.10%
=
0.90%
-
1.01%
 
   
Jackson County Real Total Personal Income:
Annual Percent Change, 1970-2020
Jackson County Real Total Personal Income:
Annual Percent Change, 1970-2020
Figure 5.
Figure 5 shows the short-run pattern of Jackson County's real total personal income growth by tracking the year-to-year percent change over 1970-2020. The average annual percent change for the entire 51-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, Jackson County's real total personal income grew at an annual rate of 2.71% over 1970-2020. The county posted its highest growth in 1973 (11.74%) and posted its lowest growth in 1980 (-5.24%). In 2020, Jackson County's real total personal income grew by 4.07%
Jackson County Real Total Personal Income:
Annual Percent Change and Decade Averages Over 1970-2020
Jackson County Real Total Personal Income:
Annual Percent Change and Decade Averages Over 1970-2020
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 Jackson County's real total personal income since 1970, but this time they are overlayed with average growth rates for the decade of the 1970s, 1980s, 1990s, 2000s, and 2020.
During the 1970s, Jackson County's annual real total personal income growth rate averaged 6.84%. It averaged 1.21% throughout the 1980s, 3.14% during the 1990s, 1.30% during the 2000s, 0.91% in the 2010s, and 4.07% in 2020.
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 Jackson County noted in the previous graph with the corresponding decade averages for Alabama and the nation. As the chart reveals, Jackson County's average annual real total personal income growth topped Alabama's average in the 1970s (6.84% vs. 4.53%), recorded under Alabama's average in the 1980s (1.21% vs. 2.81%), fell below Alabama's average in the 1990s (3.14% vs. 3.14%), lagged Alabama's average throughout the 2000s (1.30% vs. 2.03%), and lagged Alabama's average over the 10 year period of the last decade, 2010-2019 (0.91% vs. 1.72%). In 2020, Jackson County's growth has fell below Alabama's average (4.07% vs. 4.70%).
Finally, relative to nationwide real total personal income growth trends, Jackson County outpaced the nation over the 1970s (6.84% vs. 3.50%), fell under the nation in the 1980s (1.21% vs. 3.17%), lagged the nation throughout the 1990s (3.14% vs. 3.30%), trailed the nation throughout the 2000s (1.30% vs. 2.04%), and trailed the nation over 2010-2019 (0.91% vs. 2.70%). In 2020, growth for Jackson County has trailed the national average (4.07% vs. 5.30%).
   
 
Real* Total Personal Income Growth:
Average Annual Percent Change
 
 
 
2.71
6.84
1.21
3.14
1.30
0.91
4.07
 
2.88
4.53
2.81
3.14
2.03
1.72
4.70
 
2.99
3.50
3.17
3.30
2.04
2.70
5.30
 
   

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

   
 
Jackson County:
Total Personal Income, 1969-2020
 
1969
 
98,039
0.200
490,784
100.0
N
1.01
1970
 
111,608
0.209
533,754
108.8
8.76
1.05
1971
 
125,666
0.218
576,502
117.5
8.01
1.07
1972
 
142,312
0.225
631,319
128.6
9.51
1.09
1973
 
167,584
0.238
705,439
143.7
11.74
1.14
1974
 
197,332
0.262
752,343
153.3
6.65
1.22
1975
 
229,224
0.284
806,701
164.4
7.23
1.27
1976
 
269,533
0.300
899,223
183.2
11.47
1.33
1977
 
287,628
0.319
901,006
183.6
0.20
1.28
1978
 
328,879
0.341
963,183
196.3
6.90
1.30
1979
 
350,626
0.372
943,101
192.2
-2.09
1.25
1980
 
368,019
0.412
893,640
182.1
-5.24
1.19
1981
 
424,201
0.449
945,379
192.6
5.79
1.23
1982
 
436,003
0.474
920,556
187.6
-2.63
1.20
1983
 
441,050
0.494
893,212
182.0
-2.97
1.13
1984
 
471,420
0.512
919,970
187.4
3.00
1.10
1985
 
511,824
0.530
965,141
196.7
4.91
1.11
1986
 
525,404
0.542
969,666
197.6
0.47
1.08
1987
 
566,529
0.559
1,014,285
206.7
4.60
1.10
1988
 
612,093
0.580
1,054,642
214.9
3.98
1.10
1989
 
640,297
0.606
1,057,084
215.4
0.23
1.06
1990
 
707,372
0.632
1,118,711
227.9
5.83
1.10
1991
 
746,360
0.653
1,142,184
232.7
2.10
1.10
1992
 
791,013
0.671
1,179,085
240.2
3.23
1.08
1993
 
828,724
0.688
1,205,276
245.6
2.22
1.08
1994
 
864,835
0.702
1,232,082
251.0
2.22
1.07
1995
 
907,154
0.717
1,265,720
257.9
2.73
1.06
1996
 
951,022
0.732
1,299,139
264.7
2.64
1.06
1997
 
1,002,919
0.745
1,346,598
274.4
3.65
1.07
1998
 
1,037,538
0.751
1,382,094
281.6
2.64
1.04
1999
 
1,095,942
0.762
1,438,924
293.2
4.11
1.06
2000
 
1,188,143
0.781
1,521,505
310.0
5.74
1.10
2001
 
1,197,259
0.797
1,503,037
306.3
-1.21
1.07
2002
 
1,198,658
0.807
1,485,289
302.6
-1.18
1.04
2003
 
1,260,141
0.824
1,529,334
311.6
2.97
1.05
2004
 
1,343,497
0.844
1,591,011
324.2
4.03
1.04
2005
 
1,412,357
0.869
1,625,716
331.2
2.18
1.03
2006
 
1,462,649
0.893
1,637,501
333.7
0.72
1.00
2007
 
1,530,183
0.916
1,670,250
340.3
2.00
1.00
2008
 
1,587,256
0.943
1,682,752
342.9
0.75
1.00
2009
 
1,535,269
0.941
1,632,188
332.6
-3.00
0.98
2010
 
1,575,965
0.957
1,645,968
335.4
0.84
0.97
2011
 
1,623,234
0.982
1,653,493
336.9
0.46
0.96
2012
 
1,659,256
1.000
1,659,256
338.1
0.35
0.96
2013
 
1,711,101
1.014
1,688,242
344.0
1.75
0.98
2014
 
1,743,137
1.029
1,694,225
345.2
0.35
0.96
2015
 
1,779,583
1.031
1,725,807
351.6
1.86
0.94
2016
 
1,800,392
1.041
1,728,686
352.2
0.17
0.94
2017
 
1,837,565
1.061
1,732,718
353.1
0.23
0.92
2018
 
1,894,084
1.083
1,748,633
356.3
0.92
0.91
2019
 
1,963,648
1.099
1,786,401
364.0
2.16
0.91
2020
 
2,067,884
1.112
1,859,190
378.8
4.07
0.90
Source: Calculations by the Alabama Regional Economic Analysis Project (AL-REAP)
with data provided by the U.S. Department of Commerce, Bureau of Economic Analysis
November 2021
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.

   
 
Alabama:
Total Personal Income, 1969-2020
 
1969
 
9,737,715
0.200
48,747,071
100.0
N
1.23
1970
 
10,628,318
0.209
50,828,876
104.3
4.27
1.24
1971
 
11,699,341
0.218
53,671,626
110.1
5.59
1.27
1972
 
12,999,098
0.225
57,666,125
118.3
7.44
1.28
1973
 
14,638,867
0.238
61,621,767
126.4
6.86
1.29
1974
 
16,241,055
0.262
61,920,222
127.0
0.48
1.30
1975
 
18,100,116
0.284
63,699,159
130.7
2.87
1.33
1976
 
20,324,056
0.300
67,805,618
139.1
6.45
1.36
1977
 
22,394,893
0.319
70,152,846
143.9
3.46
1.36
1978
 
25,339,922
0.341
74,212,687
152.2
5.79
1.37
1979
 
28,151,411
0.372
75,720,617
155.3
2.03
1.36
1980
 
31,037,123
0.412
75,365,750
154.6
-0.47
1.34
1981
 
34,465,512
0.449
76,810,216
157.6
1.92
1.33
1982
 
36,396,094
0.474
76,844,993
157.6
0.05
1.31
1983
 
38,970,502
0.494
78,922,804
161.9
2.70
1.31
1984
 
42,870,184
0.512
83,660,566
171.6
6.00
1.31
1985
 
46,098,732
0.530
86,927,895
178.3
3.91
1.31
1986
 
48,790,314
0.542
90,045,611
184.7
3.59
1.31
1987
 
51,651,951
0.559
92,475,071
189.7
2.70
1.31
1988
 
55,558,831
0.580
95,728,369
196.4
3.52
1.30
1989
 
60,395,710
0.606
99,708,958
204.5
4.16
1.31
1990
 
64,239,770
0.632
101,595,373
208.4
1.89
1.31
1991
 
67,929,940
0.653
103,955,834
213.3
2.32
1.34
1992
 
73,039,777
0.671
108,873,220
223.3
4.73
1.35
1993
 
76,398,045
0.688
111,111,500
227.9
2.06
1.35
1994
 
80,848,446
0.702
115,180,212
236.3
3.66
1.36
1995
 
85,473,600
0.717
119,258,277
244.6
3.54
1.36
1996
 
89,349,999
0.732
122,056,170
250.4
2.35
1.34
1997
 
93,981,379
0.745
126,186,765
258.9
3.38
1.33
1998
 
99,847,704
0.751
133,006,133
272.8
5.40
1.31
1999
 
103,369,398
0.762
135,719,497
278.4
2.04
1.29
2000
 
108,215,370
0.781
138,577,756
284.3
2.11
1.25
2001
 
111,947,357
0.797
140,538,512
288.3
1.41
1.24
2002
 
114,904,537
0.807
142,381,276
292.1
1.31
1.25
2003
 
120,123,434
0.824
145,784,405
299.1
2.39
1.27
2004
 
128,828,691
0.844
152,562,902
313.0
4.65
1.28
2005
 
136,861,148
0.869
157,536,199
323.2
3.26
1.29
2006
 
145,692,271
0.893
163,109,056
334.6
3.54
1.28
2007
 
152,984,377
0.916
166,987,990
342.6
2.38
1.27
2008
 
158,450,580
0.943
167,983,652
344.6
0.60
1.27
2009
 
155,913,476
0.941
165,756,072
340.0
-1.33
1.29
2010
 
162,531,112
0.957
169,750,605
348.2
2.41
1.29
2011
 
168,474,324
0.982
171,614,876
352.1
1.10
1.26
2012
 
173,361,655
1.000
173,361,655
355.6
1.02
1.24
2013
 
175,185,262
1.014
172,844,941
354.6
-0.30
1.23
2014
 
181,078,773
1.029
175,997,719
361.0
1.82
1.21
2015
 
189,115,437
1.031
183,400,672
376.2
4.21
1.21
2016
 
192,363,456
1.041
184,702,016
378.9
0.71
1.20
2017
 
199,336,413
1.061
187,962,785
385.6
1.77
1.18
2018
 
207,053,583
1.083
191,153,440
392.1
1.70
1.17
2019
 
215,930,375
1.099
196,439,634
403.0
2.77
1.17
2020
 
228,748,804
1.112
205,663,119
421.9
4.70
1.17
Source: Calculations by the Alabama Regional Economic Analysis Project (AL-REAP)
with data provided by the U.S. Department of Commerce, Bureau of Economic Analysis
November 2021
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, 1969-2020
 
1969
 
791,229,000
0.200
3,960,898,078
100.0
N
1970
 
855,525,000
0.209
4,091,463,415
103.3
3.30
1971
 
924,613,000
0.218
4,241,733,187
107.1
3.67
1972
 
1,016,408,000
0.225
4,508,952,178
113.8
6.30
1973
 
1,133,468,000
0.238
4,771,291,463
120.5
5.82
1974
 
1,244,912,000
0.262
4,746,318,960
119.8
-0.52
1975
 
1,362,505,000
0.284
4,795,020,236
121.1
1.03
1976
 
1,495,704,000
0.300
4,990,004,671
126.0
4.07
1977
 
1,651,632,000
0.319
5,173,799,455
130.6
3.68
1978
 
1,855,849,000
0.341
5,435,199,883
137.2
5.05
1979
 
2,073,257,000
0.372
5,576,569,477
140.8
2.60
1980
 
2,313,160,000
0.412
5,616,920,014
141.8
0.72
1981
 
2,592,915,000
0.449
5,778,598,650
145.9
2.88
1982
 
2,779,794,000
0.474
5,869,125,689
148.2
1.57
1983
 
2,968,676,000
0.494
6,012,143,060
151.8
2.44
1984
 
3,279,488,000
0.512
6,399,875,105
161.6
6.45
1985
 
3,510,471,000
0.530
6,619,658,313
167.1
3.43
1986
 
3,719,647,000
0.542
6,864,843,865
173.3
3.70
1987
 
3,946,593,000
0.559
7,065,782,831
178.4
2.93
1988
 
4,267,813,000
0.580
7,353,480,478
185.7
4.07
1989
 
4,609,667,000
0.606
7,610,227,498
192.1
3.49
1990
 
4,897,821,000
0.632
7,745,917,351
195.6
1.78
1991
 
5,067,291,000
0.653
7,754,672,890
195.8
0.11
1992
 
5,409,920,000
0.671
8,064,036,251
203.6
3.99
1993
 
5,648,732,000
0.688
8,215,381,483
207.4
1.88
1994
 
5,940,128,000
0.702
8,462,564,643
213.7
3.01
1995
 
6,286,143,000
0.717
8,770,831,996
221.4
3.64
1996
 
6,673,186,000
0.732
9,115,876,182
230.1
3.93
1997
 
7,086,935,000
0.745
9,515,474,368
240.2
4.38
1998
 
7,601,594,000
0.751
10,126,007,726
255.6
6.42
1999
 
8,006,585,000
0.762
10,512,295,835
265.4
3.81
2000
 
8,654,561,000
0.781
11,082,803,176
279.8
5.43
2001
 
9,009,842,000
0.797
11,310,939,540
285.6
2.06
2002
 
9,157,682,000
0.807
11,347,527,942
286.5
0.32
2003
 
9,491,393,000
0.824
11,518,960,412
290.8
1.51
2004
 
10,037,313,000
0.844
11,886,495,032
300.1
3.19
2005
 
10,599,603,000
0.869
12,200,841,429
308.0
2.64
2006
 
11,374,142,000
0.893
12,733,863,998
321.5
4.37
2007
 
12,014,107,000
0.916
13,113,833,039
331.1
2.98
2008
 
12,475,898,000
0.943
13,226,501,988
333.9
0.86
2009
 
12,073,407,000
0.941
12,835,583,977
324.1
-2.96
2010
 
12,586,509,000
0.957
13,145,590,985
331.9
2.42
2011
 
13,330,436,000
0.982
13,578,930,427
342.8
3.30
2012
 
14,003,346,000
1.000
14,003,346,000
353.5
3.13
2013
 
14,189,228,000
1.014
13,999,672,435
353.4
-0.03
2014
 
14,969,527,000
1.029
14,549,483,414
367.3
3.93
2015
 
15,681,233,000
1.031
15,207,371,310
383.9
4.52
2016
 
16,092,713,000
1.041
15,451,773,438
390.1
1.61
2017
 
16,845,028,000
1.061
15,883,893,598
401.0
2.80
2018
 
17,681,159,000
1.083
16,323,380,232
412.1
2.77
2019
 
18,402,004,000
1.099
16,740,965,412
422.7
2.56
2020
 
19,607,447,000
1.112
17,628,632,951
445.1
5.30
Source: Calculations by the Alabama Regional Economic Analysis Project (AL-REAP)
with data provided by the U.S. Department of Commerce, Bureau of Economic Analysis
November 2021
REAP_PI_CA1400_300_PN
 
   
Copyright © 2022. Pacific Northwest Regional Economic Analysis Project (PNREAP). All Rights Reserved.

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