Some counties fared better than others in 2018 when it came to growing personal income, and while overall personal income increased in literally thousands more counties than those in which it fell, the changes in some cases were drastic. That's according to the Bureau of Economic Analysis, which found that 3,019 counties saw personal income rise while 91 saw it fall. Only three were unchanged. Among the counties that saw increases, metropolitan areas saw larger boosts, at 5.7 percent overall, than nonmetropolitan areas, where increases rose 4.8 percent. And the spread was pretty wild, with the percnt change in personal income in metropolitan counties ranging from -3.2 percent in Lynn County, Texas to 17.5 percent in Midland County, Texas and the percent change in nonmetropolitan counties ranging from -20.8 percent in Sherman County, Texas, to 64.5 percent in Issaquena County, Mississippi. The slides above show the details of where the biggest losses in personal income occurred. READ MORE: |
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Marlene Satter
Marlene Y. Satter has worked in and written about the financial industry for decades.
