Nevada - Income

According to the Bureau of Economic Analysis, in 2001, Nevada had a per capita personal income (PCPI) of $30,128 which ranked 18th in the United States (including the District of Columbia) and was 99% of the national average, $30,413. The 2001 PCPI reflected an increase of 1.1% from 2000 compared to the national change of 2.2%. In 2001, Nevada had a total personal income (TPI) of $63,200,370,000 which ranked 32nd in the United States and accounted for 0.7% of the national total. The 2001 TPI reflected an increase of 5.1% from 2000 compared to the national change of 3.3%.

Earnings of persons employed in Nevada increased from $44,299,834,000 in 2000 to $46,554,959,000 in 2001, an increase of 5.1%. The largest industries in 2001 were services, 39.2% of earnings; state and local government, 11.4%; and retail trade, 10.1%. Of the industries that accounted for at least 5% of earnings in 2001, the slowest growing from 2000 to 2001 was construction (10.1% of earnings in 2001), which increased 3.1%; the fastest was state and local government, which increased 8.3%.

According to data released by the US Census Bureau, in 2000, the median household income was $44,755 compared to the national average of $42,148. In 2001, the median income for a family of four was $59,283 compared to the national average of $63,278. For the period 1999 to 2001, the average poverty rate was 9.0% which placed it 14th among the 50 states and the District of Columbia ranked lowest to highest.