New Castle County vs. Delaware
Comparative Trends Analysis:
Total Personal Income Growth and Change, 1969-2022
Introduction
New Castle County vs. Delaware
New Castle County:
2022 TPI = $38,211,010K
2022 Percent of State = 59.33%
Delaware:
2022 TPI = $64,406,597K
2022 Percent of U.S. = 0.30%
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 New Castle County and Delaware 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 2017 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.

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

   
 
New Castle County:
Total Personal Income, 1969-2022
 
1969
 
1,852,561
0.189
9,810,735
100.0
N
75.89
1970
 
1,970,847
0.198
9,970,894
101.6
1.63
75.80
1971
 
2,144,881
0.206
10,409,517
106.1
4.40
75.42
1972
 
2,334,212
0.213
10,954,627
111.7
5.24
74.70
1973
 
2,556,144
0.225
11,383,407
116.0
3.91
73.83
1974
 
2,768,293
0.248
11,165,623
113.8
-1.91
73.88
1975
 
2,931,313
0.269
10,913,302
111.2
-2.26
72.75
1976
 
3,221,263
0.283
11,369,297
115.9
4.18
73.14
1977
 
3,482,374
0.302
11,540,211
117.6
1.50
73.45
1978
 
3,810,995
0.323
11,807,520
120.4
2.32
73.27
1979
 
4,213,848
0.351
11,990,576
122.2
1.55
73.69
1980
 
4,776,868
0.389
12,271,034
125.1
2.34
74.24
1981
 
5,223,711
0.424
12,315,716
125.5
0.36
73.74
1982
 
5,592,766
0.448
12,491,939
127.3
1.43
73.38
1983
 
5,932,589
0.467
12,710,149
129.6
1.75
72.95
1984
 
6,529,324
0.484
13,479,477
137.4
6.05
72.91
1985
 
7,072,133
0.501
14,108,149
143.8
4.66
72.73
1986
 
7,441,994
0.512
14,529,753
148.1
2.99
71.91
1987
 
8,036,231
0.528
15,219,558
155.1
4.75
72.14
1988
 
8,835,273
0.549
16,103,660
164.1
5.81
72.14
1989
 
9,869,994
0.573
17,236,852
175.7
7.04
72.46
1990
 
10,473,582
0.598
17,521,676
178.6
1.65
72.88
1991
 
11,047,929
0.618
17,884,432
182.3
2.07
72.61
1992
 
11,458,071
0.634
18,066,968
184.2
1.02
72.29
1993
 
11,936,348
0.650
18,363,612
187.2
1.64
72.52
1994
 
12,334,849
0.664
18,588,898
189.5
1.23
71.89
1995
 
13,000,039
0.678
19,187,117
195.6
3.22
71.60
1996
 
13,791,384
0.692
19,928,882
203.1
3.87
71.07
1997
 
14,454,197
0.704
20,529,489
209.3
3.01
71.18
1998
 
16,036,708
0.710
22,597,416
230.3
10.07
71.35
1999
 
17,141,173
0.720
23,806,854
242.7
5.35
71.08
2000
 
18,942,740
0.738
25,660,020
261.6
7.78
71.25
2001
 
21,267,450
0.753
28,242,875
287.9
10.07
72.40
2002
 
21,898,912
0.763
28,704,450
292.6
1.63
72.13
2003
 
21,897,215
0.779
28,111,555
286.5
-2.07
70.47
2004
 
22,124,946
0.798
27,716,119
282.5
-1.41
68.56
2005
 
22,466,586
0.821
27,355,907
278.8
-1.30
67.93
2006
 
23,646,680
0.844
28,004,121
285.4
2.37
67.56
2007
 
24,223,545
0.866
27,969,500
285.1
-0.12
66.89
2008
 
23,859,623
0.892
26,757,455
272.7
-4.33
65.44
2009
 
23,856,365
0.889
26,828,719
273.5
0.27
65.16
2010
 
24,087,342
0.905
26,611,731
271.3
-0.81
65.13
2011
 
26,114,830
0.928
28,139,768
286.8
5.74
65.68
2012
 
25,928,662
0.945
27,427,869
279.6
-2.53
64.62
2013
 
25,722,462
0.958
26,855,495
273.7
-2.09
63.23
2014
 
26,686,408
0.971
27,477,485
280.1
2.32
62.91
2015
 
27,855,744
0.973
28,629,014
291.8
4.19
62.42
2016
 
28,573,059
0.983
29,071,933
296.3
1.55
62.21
2017
 
29,825,559
1.000
29,825,559
304.0
2.59
62.04
2018
 
31,739,200
1.020
31,102,531
317.0
4.28
62.05
2019
 
32,066,740
1.035
30,978,466
315.8
-0.40
60.80
2020
 
33,466,625
1.046
31,984,159
326.0
3.25
60.48
2021
 
34,767,059
1.090
31,896,092
325.1
-0.28
58.76
2022
 
38,211,010
1.160
32,928,320
335.6
3.24
59.33
Source: Calculations by the Delaware Regional Economic Analysis Project (DE-REAP)
with data provided by the U.S. Department of Commerce, Bureau of Economic Analysis
November 2023
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.

   
 
Delaware:
Total Personal Income, 1969-2022
 
1969
 
2,441,193
0.189
12,927,993
100.0
N
0.31
1970
 
2,599,931
0.198
13,153,552
101.7
1.74
0.30
1971
 
2,844,088
0.206
13,802,902
106.8
4.94
0.31
1972
 
3,124,948
0.213
14,665,609
113.4
6.25
0.31
1973
 
3,462,300
0.225
15,418,838
119.3
5.14
0.31
1974
 
3,747,067
0.248
15,113,407
116.9
-1.98
0.30
1975
 
4,029,225
0.269
15,000,838
116.0
-0.74
0.30
1976
 
4,403,982
0.283
15,543,649
120.2
3.62
0.29
1977
 
4,741,121
0.302
15,711,562
121.5
1.08
0.29
1978
 
5,201,590
0.323
16,115,969
124.7
2.57
0.28
1979
 
5,718,290
0.351
16,271,491
125.9
0.97
0.28
1980
 
6,434,021
0.389
16,528,003
127.8
1.58
0.28
1981
 
7,083,806
0.424
16,701,181
129.2
1.05
0.27
1982
 
7,621,178
0.448
17,022,577
131.7
1.92
0.27
1983
 
8,132,038
0.467
17,422,311
134.8
2.35
0.27
1984
 
8,954,939
0.484
18,487,043
143.0
6.11
0.27
1985
 
9,723,692
0.501
19,397,726
150.0
4.93
0.28
1986
 
10,349,456
0.512
20,206,283
156.3
4.17
0.28
1987
 
11,139,874
0.528
21,097,447
163.2
4.41
0.28
1988
 
12,247,487
0.549
22,322,951
172.7
5.81
0.29
1989
 
13,621,036
0.573
23,787,632
184.0
6.56
0.30
1990
 
14,370,177
0.598
24,040,447
186.0
1.06
0.29
1991
 
15,216,407
0.618
24,632,381
190.5
2.46
0.30
1992
 
15,849,784
0.634
24,991,775
193.3
1.46
0.29
1993
 
16,458,401
0.650
25,320,617
195.9
1.32
0.29
1994
 
17,157,641
0.664
25,856,955
200.0
2.12
0.29
1995
 
18,157,065
0.678
26,798,514
207.3
3.64
0.29
1996
 
19,406,095
0.692
28,042,274
216.9
4.64
0.29
1997
 
20,306,455
0.704
28,841,529
223.1
2.85
0.29
1998
 
22,475,726
0.710
31,670,672
245.0
9.81
0.30
1999
 
24,116,650
0.720
33,494,882
259.1
5.76
0.30
2000
 
26,586,900
0.738
36,014,874
278.6
7.52
0.31
2001
 
29,374,785
0.753
39,009,303
301.7
8.31
0.33
2002
 
30,360,262
0.763
39,795,339
307.8
2.01
0.33
2003
 
31,071,781
0.779
39,889,826
308.6
0.24
0.33
2004
 
32,271,293
0.798
40,426,539
312.7
1.35
0.32
2005
 
33,073,339
0.821
40,270,969
311.5
-0.38
0.31
2006
 
35,003,147
0.844
41,453,277
320.6
2.94
0.31
2007
 
36,211,444
0.866
41,811,221
323.4
0.86
0.30
2008
 
36,462,924
0.892
40,891,470
316.3
-2.20
0.29
2009
 
36,610,712
0.889
41,172,178
318.5
0.69
0.30
2010
 
36,980,808
0.905
40,856,451
316.0
-0.77
0.29
2011
 
39,760,604
0.928
42,843,632
331.4
4.86
0.30
2012
 
40,122,555
0.945
42,442,460
328.3
-0.94
0.29
2013
 
40,677,771
0.958
42,469,562
328.5
0.06
0.29
2014
 
42,422,891
0.971
43,680,451
337.9
2.85
0.29
2015
 
44,626,257
0.973
45,865,073
354.8
5.00
0.29
2016
 
45,928,401
0.983
46,730,293
361.5
1.89
0.29
2017
 
48,077,134
1.000
48,077,134
371.9
2.88
0.29
2018
 
51,150,363
1.020
50,124,318
387.7
4.26
0.29
2019
 
52,740,700
1.035
50,950,798
394.1
1.65
0.29
2020
 
55,338,407
1.046
52,887,090
409.1
3.80
0.28
2021
 
59,172,329
1.090
54,286,042
419.9
2.65
0.28
2022
 
64,406,597
1.160
55,502,354
429.3
2.24
0.30
Source: Calculations by the Delaware Regional Economic Analysis Project (DE-REAP)
with data provided by the U.S. Department of Commerce, Bureau of Economic Analysis
November 2023
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, 1969-2022
 
1969
 
791,229,000
0.189
4,190,165,758
100.0
N
1970
 
855,525,000
0.198
4,328,265,709
103.3
3.30
1971
 
924,613,000
0.206
4,487,323,465
107.1
3.67
1972
 
1,016,408,000
0.213
4,770,076,966
113.8
6.30
1973
 
1,133,468,000
0.225
5,047,731,018
120.5
5.82
1974
 
1,244,912,000
0.248
5,021,223,733
119.8
-0.53
1975
 
1,362,505,000
0.269
5,072,617,275
121.1
1.02
1976
 
1,495,704,000
0.283
5,279,017,400
126.0
4.07
1977
 
1,651,632,000
0.302
5,473,329,799
130.6
3.68
1978
 
1,855,849,000
0.323
5,749,934,936
137.2
5.05
1979
 
2,073,296,000
0.351
5,899,598,782
140.8
2.60
1980
 
2,313,972,000
0.389
5,944,235,512
141.9
0.76
1981
 
2,590,995,000
0.424
6,108,676,176
145.8
2.77
1982
 
2,777,640,000
0.448
6,204,105,336
148.1
1.56
1983
 
2,969,333,000
0.467
6,361,584,112
151.8
2.54
1984
 
3,275,415,000
0.484
6,761,937,695
161.4
6.29
1985
 
3,508,482,000
0.501
6,999,046,441
167.0
3.51
1986
 
3,717,756,000
0.512
7,258,548,586
173.2
3.71
1987
 
3,931,800,000
0.528
7,446,308,852
177.7
2.59
1988
 
4,264,433,000
0.549
7,772,592,728
185.5
4.38
1989
 
4,605,107,000
0.573
8,042,309,775
191.9
3.47
1990
 
4,897,332,000
0.598
8,192,943,538
195.5
1.87
1991
 
5,072,291,000
0.618
8,211,045,100
196.0
0.22
1992
 
5,406,546,000
0.634
8,524,985,809
203.5
3.82
1993
 
5,643,648,000
0.650
8,682,535,385
207.2
1.85
1994
 
5,933,938,000
0.664
8,942,579,420
213.4
3.00
1995
 
6,278,125,000
0.678
9,266,058,093
221.1
3.62
1996
 
6,660,854,000
0.692
9,625,094,288
229.7
3.87
1997
 
7,068,422,000
0.704
10,039,373,926
239.6
4.30
1998
 
7,584,003,000
0.710
10,686,661,406
255.0
6.45
1999
 
7,978,449,000
0.720
11,081,025,264
264.5
3.69
2000
 
8,620,234,000
0.738
11,677,052,911
278.7
5.38
2001
 
8,990,104,000
0.753
11,938,732,039
284.9
2.24
2002
 
9,146,700,000
0.763
11,989,225,466
286.1
0.42
2003
 
9,474,684,000
0.779
12,163,560,736
290.3
1.45
2004
 
10,008,929,000
0.798
12,538,275,270
299.2
3.08
2005
 
10,540,800,000
0.821
12,834,755,927
306.3
2.36
2006
 
11,291,446,000
0.844
13,372,153,008
319.1
4.19
2007
 
11,925,044,000
0.866
13,769,145,681
328.6
2.97
2008
 
12,423,410,000
0.892
13,932,275,429
332.5
1.18
2009
 
12,058,253,000
0.889
13,560,635,845
323.6
-2.67
2010
 
12,547,501,000
0.905
13,862,497,514
330.8
2.23
2011
 
13,299,818,000
0.928
14,331,082,712
342.0
3.38
2012
 
13,905,749,000
0.945
14,709,785,897
351.1
2.64
2013
 
14,063,283,000
0.958
14,682,748,144
350.4
-0.18
2014
 
14,778,160,000
0.971
15,216,235,418
363.1
3.63
2015
 
15,467,113,000
0.973
15,896,476,839
379.4
4.47
2016
 
15,884,741,000
0.983
16,162,082,333
385.7
1.67
2017
 
16,658,962,000
1.000
16,658,962,000
397.6
3.07
2018
 
17,514,402,000
1.020
17,163,073,878
409.6
3.03
2019
 
18,343,601,000
1.035
17,721,060,157
422.9
3.25
2020
 
19,609,985,000
1.046
18,741,324,605
447.3
5.76
2021
 
21,392,812,000
1.090
19,626,252,970
468.4
4.72
2022
 
21,820,248,000
1.160
18,803,588,325
448.8
-4.19
Source: Calculations by the Delaware Regional Economic Analysis Project (DE-REAP)
with data provided by the U.S. Department of Commerce, Bureau of Economic Analysis
November 2023
REAP_PI_CA1400_300_PN
 
   
Copyright © 2024. Pacific Northwest Regional Economic Analysis Project (PNREAP). All Rights Reserved.

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