Wyoming - Income




According to the Bureau of Economic Analysis, in 2001, Wyoming had a per capita personal income (PCPI) of $29,587 which ranked 20th in the United States (including the District of Columbia) and was 97% of the national average, $30,413. The 2001 PCPI reflected an increase of 5.9% from 2000 compared to the national change of 2.2%. In 2001, Wyoming had a total personal income (TPI) of $14,608,814,000 which ranked 51st in the United States and accounted for 0.2% of the national total. The 2001 TPI reflected an increase of 5.8% from 2000 compared to the national change of 3.3%.

Earnings of persons employed in Wyoming increased from $9,006,059,000 in 2000 to $9,625,372,000 in 2001, an increase of 6.9%. The largest industries in 2001 were services, 20.3% of earnings; state and local government, 16.8%; and mining, 14.9%. Of the industries that accounted for at least 5% of earnings in 2001, the slowest growing from 2000 to 2001 was transportation and public utilities (7.9% of earnings in 2001), which increased 0.9%; the fastest was state and local government, which increased 9.7%.

According to data released by the US Census Bureau, in 2000, the median household income was $39,026 compared to the national average of $42,148. In 2001, the median income for a family of four was $58,541 compared to the national average of $63,278. For the period 1999 to 2001, the average poverty rate was 10.3% which placed it 26th among the 50 states and the District of Columbia ranked lowest to highest.




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