Washington and U.S. per capita personal income
Year | Washington | U.S. |
---|---|---|
2022 | $75,698 | $65,423 |
2021 | $78,373 | $68,132 |
2020 | $75,504 | $66,063 |
2019 | $71,738 | $62,865 |
2018 | $68,307 | $61,008 |
2017 | $66,340 | $59,719 |
2016 | $64,786 | $58,527 |
2015 | $63,248 | $55,005 |
2014 | $60,770 | $55,989 |
2013 | $58,304 | $54,304 |
2012 | $58,138 | $54,732 |
2011 | $55,348 | $53,498 |
2010 | $54,340 | $52,204 |
2009 | $54,325 | $51,406 |
2008 | $57,625 | $53,438 |
2007 | $57,423 | $53,486 |
2006 | $55,057 | $52,433 |
2005 | $52,869 | $50,725 |
2004 | $52,928 | $49,876 |
2003 | $48,026 | $48,783 |
2002 | $50,562 | $48,472 |
Inflation-adjusted to 2022 dollars
1980-2022
- Personal income includes all income earned by Washington households, including wages, self-employment income, interest, dividends, rent, social security, and other transfer payments.
- Washington per capita personal income has been higher than that of the United States overall in almost every year since 1980.
- Income from stock options and software industry wages helped boost Washington's per capita income in the late 1990s.
- In the fourth quarter of 2004 Microsoft paid a dividend of $3 per share, which increased the growth rate of Washington's personal income in 2004 by three percentage points above what it would have been without the dividend.
- In 2022, Washington state ranked 7th among the states in per capita personal income.
Data source:
- Personal income and inflation adjustment: U.S. Bureau of Economic Analysis
E-mail: OFM.Forecasting@ofm.wa.gov
Last updated
Friday, August 18, 2023