Douglas County’s Per Capita Personal Income Rises in 2018December 9, 2019 The U.S. Department of Commerce, Bureau of Economic Analysis released its 2018 estimates of personal income for substate areas (counties and townships) in late November.
Personal income includes all forms of income including earnings by place of work, dividends, interest and rent, and government transfer payments (largely Social Security and Medicare). Total personal income is then divided by population to create per capita personal income (PCPI).
Douglas County’s inflation adjusted per capita personal income increased $638 (1.6%) to reach $40,408 in 2018 while the statewide and national figures rose $1,290 (2.6%) and $1,294 (2.4%), respectively.
Douglas County’s total personal income grew by approximately $214 million in 2018 to reach $4.5 billion, a 5.0 percent increase over 2017. When the data are adjusted for inflation, however, total personal income increased by $110 million, or 2.5 percent.
The components of personal income for Douglas County show that 47 percent is from earnings, 19 percent is from dividends, interest, and rent, and 33 percent is from transfer payments mostly in the form of Social Security and Medicare. Douglas County has a high portion of personal income from transfer payments compared with the U.S. and Oregon, which are 17 percent and 19 percent, respectively – an indication of a relatively large retirement age population.
Relative to other areas, Douglas County’s per capita personal income decreased to 79 percent of the statewide and to 74 percent of the U.S. figures. Douglas County’s 2018 per capita personal income ranks 28th among Oregon’s 36 counties.