Wasco County’s 2016 Per Capita Personal Income Ranked Ninth Highest in Oregon

by Dallas Fridley

May 4, 2018

Wasco County’s 2016 per capita personal income ranked ninth among Oregon counties at $42,287. Despite ranking in Oregon’s top 10, Wasco County lagged the state’s per capita personal income by about $3,100. Sherman County’s per capita income led the state, at $55,846, with Washington, Multnomah, and Clackamas counties ranked second through fourth, respectively, while Columbia Gorge neighbor Hood River County placed fifth. On a nominal basis, Wasco County’s total personal income reached $1.1 billion in 2016 with 26,115 residents, while Oregon’s totaled $185.8 billion and its population rose to nearly 4.1 million.
Net earnings by place of residence represented 58 percent of Wasco County’s personal income total, at $639.3 million. On a per capita basis, Wasco County’s net earnings ranked ninth in Oregon. Despite its top-10 ranking, Wasco County lagged Oregon’s net earnings per capita by nearly $3,000. Only six counties held a per capita advantage over Oregon, including neighboring Hood River County (ranked fifth) to the west and Sherman County (fourth) to the east. Washington, Multnomah, and Clackamas counties ranked one through three and Morrow County ranked sixth.

Dividends, interest, and rent brought in $186.4 million or about 17 percent of Wasco County’s 2016 personal income total. On a per capita basis, Wasco County ranked in the bottom third of Oregon counties (25th) at $7,137. Twelve Oregon counties held a per capita advantage over the state, with two-thirds lagging. Hood River County led the state, with $11,481 per capita coming from dividends, interest, and rent. In Sherman County, dividends, interest, and rent ranked ninth at $9,570 per capita, nearly $600 above Oregon’s $8,986.
Transfer receipts represented one out of four Wasco County personal income dollars at $278.7 million. On a per capita basis, Wasco County ranked 21st out of 36 counties in 2016 at $10,670. Wasco County held a per capita advantage of $1,720 compared with Oregon’s $8,950. 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 2012 to 2016, Wasco County’s per capita income ranked 10th among Oregon counties three times (2012, 2013, and 2015), it ranked 11th once (2014) and rose to ninth in 2016. On a nominal basis, Wasco County’s total personal income rose by $44.3 million in 2016, an increase of 4.2 percent. Since 2012, Wasco County’s total personal income grew by $157.7 million or 17 percent, well below Oregon’s 22 percent increase.

 


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