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Per Capita Personal Income

Inflation-Adjusted
to 2006 Dollars

Year	Washington	U.S.
2006	$37,423	$36,276
2005	$36,465	$35,429
2004	$36,955	$34,983
2003	$35,926	$34,148
2002	$36,017	$34,098
2001	$36,225	$34,304
2000	$36,414	$34,200
1999	$35,269	$32,805
1998	$33,883	$32,092
1997	$31,878	$30,529
1996	$30,731	$29,631
1995	$29,638	$28,870
1994	$29,338	$28,358
1993	$28,995	$27,862
1992	$28,996	$27,854
1991	$28,429	$27,334
1990	$28,280	$27,728

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Washington and U.S. Per Capita Personal Income

1980-2006
Inflation-Adjusted to 2006 Dollars

• 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.

Data Sources:

• Personal income: U.S. Bureau of Economic Analysis
• Inflation adjustment: Washington State Economic and Revenue Forecast Council

Last modified: May 24, 2007
E-mail: OFM.Forecasting@ofm.wa.gov
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