Hood River County’s 2017 Per Capita Personal Income Rises to Fourth Highest in OregonMarch 7, 2019 Hood River County’s 2017 per capita personal income ranked fourth among Oregon counties at $52,100. Hood River County held a per capita personal income advantage of nearly $4,000 over Oregon’s $48,137. Per capita incomes in Washington, Clackamas, and Multnomah counties ranked first through third, respectively, while Deschutes County ranked fifth. On a nominal basis, Hood River County’s total personal income reached $1.2 billion in 2017 with 23,377 residents, while Oregon’s totaled $199.4 billion and its population rose to 4,142,776.
Net earnings by place of residence represented 62 percent of Hood River County’s personal income total, at $751.7 million. On a per capita basis, Hood River County’s net earnings ranked fourth in Oregon at $32,156. Only five counties – Washington, Clackamas, Multnomah, Hood River, and Deschutes – held an advantage in net earnings. From 2007 to 2017, Hood River County’s net earnings rose by $285.3 million or 61.2 percent, considerably higher than the state’s 40.6 percent gain.
Dividends, interest, and rent brought in $282.8 million or 23 percent of Hood River County’s 2017 personal income total. On a per capita basis, dividends, interest, and rent earned a second place ranking for Hood River County at $12,096. Ten Oregon counties held a per capita advantage over the state in 2017, with more than two-thirds lagging. Between 2007 and 2017, dividends, interest, and rent rose by $97.2 million or 52.4 percent, slightly above the state’s 49.0 percent gain.
Transfer receipts represented 15 percent of Hood River County 2017 personal income total, at $183.5 million. On a per capita basis, Hood River County ranked 32nd out of 36 counties in 2017 at $7,848. All but eight of Oregon’s counties held a per capita advantage over the state, with transfer receipts in six metro counties (Clackamas, Multnomah, Washington, Benton, Yamhill, and Polk) and two rural (Hood River and Morrow) lagging. From 2007 to 2017, transfer receipts rose by $80.4 million or 78.1 percent in Hood River County, well below Oregon’s 84.6 percent, $17.3 billion increase.
Hood River County’s per capita personal income rose by $2,861 in 2017, an increase of 5.8 percent. Hood River County’s per capita income ranked sixth among Oregon counties in 2015 and 2016, falling from fifth in 2014. Over the decade, Hood River County’s per capita income rose by $16,614 or 4.7 percent on an annual basis. Comparatively, Oregon’s per capita income rose by $12,182 between 2007 and 2017, an increase of 3.4 percent annually.