Candler County vs. Georgia
Comparative Trends Analysis:
Total Personal Income Growth and Change, 1969-2022
Introduction
Candler County vs. Georgia
Candler County:
2022 TPI = $446,759K
2022 Percent of State = 0.07%
Georgia:
2022 TPI = $617,552,988K
2022 Percent of U.S. = 2.83%
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 Candler County and Georgia 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.
Candler County Total Personal Income, 1970-2022
Current vs. Constant Dollars (Millions)
Candler County Total Personal Income, 1970-2022
Current vs. Constant Dollars (Millions)
Figure 1.
Figure 1 depicts Candler County's annual total personal income over 1970-2022 in current and constant (2017) dollars. Constant dollar measurements remove the effects of inflation. They allow for comparison of changes in the real purchasing power of Candler County over time.
When measured in current dollars, Candler County's total personal income increased 2,323.69%, from $18M in 1970 to $447M in 2022. When measured in constant 2017 dollars to adjust for inflation, it advanced 312.84%, from $93M in 1970 to $385M in 2022.
Real Total Personal Income, 1969-2022 (Millions)
Real Total Personal Income, 1969-2022 (Millions)
Figure 2.
Figure 2 traces Candler County's and Georgia's annual real total personal income for the period 1969-2022 to illustrate real total personal income patterns over time. During this 54-year period, Candler County's real total personal income rose from $82M in 1969 to $385M in 2022, for a net gain of $303M, or 371.21%. In comparison, Georgia's real total personal income advanced from $79,331M in 1969 to $532,176M in 2022, for a net advance of $452,845M, or 570.83%.
Real Total Personal Income Indices (1969=100): 1969-2022
Real Total Personal Income Indices (1969=100): 1969-2022
Figure 3.
Figure 3 portrays Candler County's real total personal income growth in a broader context by offering direct comparisons across time with Georgia, the United States. The growth indices shown here express each region's real total personal income in 1969 as a base figure of 100, and the real total personal incomes in later years as a percentage of the 1969 base figure. This method allows for more direct comparison of differences in real total personal income growth between regions that may differ vastly in size.
Candler County's overall real total personal income growth was 371.21% over 1969-2022 trailed Georgia's increase of 570.83%, and outpaced the United States' increase of 348.76%.
Total Personal Income as a Percent of the Georgia Total: 1969-2022
Total Personal Income as a Percent of the Georgia Total: 1969-2022
Figure 4.
Another interesting and insightful way of comparing the total personal income growth of Candler County is to compare its individual percentage contributions to Georgia's statewide total personal income over time, as shown in Figure 4. A rising share means a region's total personal income grew faster, or declined less, than Georgia's total personal income, while a declining share shows it grew more slowly.
In 1969, Candler County's total personal income totaled 0.10% of Georgia's total personal income, while in 2022 it equated to 0.07% thereby yielding a -0.03% share-shift.
   
 
Total Personal Income Share-Shift
2022 vs. 1969
 
Share-
Shift*
 
2022
vs.
1969
-0.03%
=
0.07%
-
0.10%
 
   
Candler County Real Total Personal Income:
Annual Percent Change, 1970-2022
Candler County Real Total Personal Income:
Annual Percent Change, 1970-2022
Figure 5.
Figure 5 shows the short-run pattern of Candler County's real total personal income growth by tracking the year-to-year percent change over 1970-2022. The average annual percent change for the entire 53-year period is also illustrated on this chart to provide a benchmark for gauging periods of relative high--and relative low--growth against the backdrop of the long-term average.
On average, Candler County's real total personal income grew at an annual rate of 3.10% over 1970-2022. The county recorded its highest growth in 1973 (21.53%) and posted its lowest growth in 1980 (-14.62%). In 2022, Candler County's real total personal income declined by -6.04%
Candler County Real Total Personal Income:
Annual Percent Change and Decade Averages Over 1970-2022
Candler County Real Total Personal Income:
Annual Percent Change and Decade Averages Over 1970-2022
Figure 6.
Over the past five decades some counties have experienced extreme swings in growth, and often such swings have tended to coincide with the decades themselves. Figure 6 again traces the annual percent change in Candler County's real total personal income since 1970, but this time they are displayed with average growth rates for the decade of the 1970s, 1980s, 1990s, 2000s, 2010s, and 2020-2022.
During the 1970s, Candler County's annual real total personal income growth rate averaged 4.55%. It averaged 4.09% in the 1980s, 3.67% throughout the 1990s, 1.73% throughout the 2000s, 1.54% in the 2010s, 2.90% thus far this decade (2020-2022).
Real Total Personal Income Growth:
Average Annual Percent Change by Decade
Real Total Personal Income Growth:
Average Annual Percent Change by Decade
Figure 7.
Figure 7 compares the decade average growth rates for Candler County noted in the previous graph with the corresponding decade averages for Georgia and the nation. As the chart reveals, Candler County's average annual real total personal income growth outperformed Georgia's average during the 1970s (4.55% vs. 4.30%), trailed Georgia's average throughout the 1980s (4.09% vs. 4.66%), trailed Georgia's average in the 1990s (3.67% vs. 4.85%), posted below Georgia's average throughout the 2000s (1.73% vs. 2.02%), amounted to less than Georgia's average in the 2010s (1.54% vs. 3.05%), and outpaced Georgia's average over the 3 year period of the current decade, 2020-2022 (2.90% vs. 2.28%).
Finally, relative to nationwide real total personal income growth trends, Candler County outperformed the nation over the 1970s (4.55% vs. 3.50%), outgained the nation throughout the 1980s (4.09% vs. 3.16%), outpaced the nation during the 1990s (3.67% vs. 3.27%), lagged the nation over the 2000s (1.73% vs. 2.06%), recorded underneath the nation throughout the 2010s (1.54% vs. 2.72%), and surpassed the nation over 2020-2022 (2.90% vs. 2.10%).
   
 
Real* Total Personal Income Growth:
Average Annual Percent Change
 
 
 
3.10
4.55
4.09
3.67
1.73
1.54
2.90
-6.04
 
3.69
4.30
4.66
4.85
2.02
3.05
2.28
-4.30
 
2.89
3.50
3.16
3.27
2.06
2.72
2.10
-4.19
 
   

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

   
 
Candler County:
Total Personal Income, 1969-2022
 
1969
 
15,428
0.189
81,703
100.0
N
0.10
1970
 
18,433
0.198
93,256
114.1
14.14
0.11
1971
 
20,850
0.206
101,189
123.8
8.51
0.12
1972
 
22,396
0.213
105,106
128.6
3.87
0.11
1973
 
28,683
0.225
127,735
156.3
21.53
0.13
1974
 
30,748
0.248
124,019
151.8
-2.91
0.12
1975
 
31,654
0.269
117,848
144.2
-4.98
0.12
1976
 
32,300
0.283
114,001
139.5
-3.26
0.11
1977
 
34,308
0.302
113,693
139.2
-0.27
0.10
1978
 
37,376
0.323
115,801
141.7
1.85
0.10
1979
 
43,563
0.351
123,959
151.7
7.04
0.10
1980
 
41,200
0.389
105,836
129.5
-14.62
0.09
1981
 
51,198
0.424
120,707
147.7
14.05
0.10
1982
 
57,335
0.448
128,063
156.7
6.09
0.10
1983
 
58,241
0.467
124,777
152.7
-2.57
0.09
1984
 
65,019
0.484
134,229
164.3
7.57
0.09
1985
 
70,685
0.501
141,009
172.6
5.05
0.09
1986
 
76,710
0.512
149,769
183.3
6.21
0.09
1987
 
84,455
0.528
159,947
195.8
6.80
0.09
1988
 
92,545
0.549
168,678
206.5
5.46
0.09
1989
 
103,237
0.573
180,292
220.7
6.89
0.10
1990
 
111,688
0.598
186,847
228.7
3.64
0.10
1991
 
123,724
0.618
200,285
245.1
7.19
0.10
1992
 
134,134
0.634
211,501
258.9
5.60
0.10
1993
 
138,229
0.650
212,660
260.3
0.55
0.10
1994
 
145,796
0.664
219,718
268.9
3.32
0.10
1995
 
154,299
0.678
227,734
278.7
3.65
0.09
1996
 
167,375
0.692
241,861
296.0
6.20
0.10
1997
 
169,446
0.704
240,666
294.6
-0.49
0.09
1998
 
176,460
0.710
248,651
304.3
3.32
0.09
1999
 
185,686
0.720
257,894
315.6
3.72
0.08
2000
 
191,079
0.738
258,837
316.8
0.37
0.08
2001
 
198,837
0.753
264,053
323.2
2.01
0.08
2002
 
206,297
0.763
270,408
331.0
2.41
0.08
2003
 
215,259
0.779
276,349
338.2
2.20
0.08
2004
 
228,846
0.798
286,677
350.9
3.74
0.08
2005
 
236,612
0.821
288,105
352.6
0.50
0.08
2006
 
245,596
0.844
290,853
356.0
0.95
0.08
2007
 
260,264
0.866
300,512
367.8
3.32
0.08
2008
 
268,830
0.892
301,480
369.0
0.32
0.08
2009
 
272,102
0.889
306,004
374.5
1.50
0.08
2010
 
274,147
0.905
302,878
370.7
-1.02
0.08
2011
 
289,367
0.928
311,804
381.6
2.95
0.08
2012
 
287,161
0.945
303,765
371.8
-2.58
0.08
2013
 
290,291
0.958
303,078
371.0
-0.23
0.08
2014
 
294,423
0.971
303,151
371.0
0.02
0.07
2015
 
303,066
0.973
311,479
381.2
2.75
0.07
2016
 
311,443
0.983
316,881
387.8
1.73
0.07
2017
 
330,702
1.000
330,702
404.8
4.36
0.07
2018
 
345,591
1.020
338,659
414.5
2.41
0.07
2019
 
367,951
1.035
355,464
435.1
4.96
0.07
2020
 
403,926
1.046
386,033
472.5
8.60
0.07
2021
 
446,617
1.090
409,737
501.5
6.14
0.07
2022
 
446,759
1.160
384,994
471.2
-6.04
0.07
Source: Calculations by the Georgia Regional Economic Analysis Project (GA-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.

   
 
Georgia:
Total Personal Income, 1969-2022
 
1969
 
14,980,053
0.189
79,330,896
100.0
N
1.89
1970
 
16,310,397
0.198
82,517,439
104.0
4.02
1.91
1971
 
18,009,654
0.206
87,404,290
110.2
5.92
1.95
1972
 
20,206,129
0.213
94,828,839
119.5
8.49
1.99
1973
 
22,848,185
0.225
101,750,991
128.3
7.30
2.02
1974
 
25,067,819
0.248
101,108,454
127.5
-0.63
2.01
1975
 
27,084,317
0.269
100,835,134
127.1
-0.27
1.99
1976
 
30,146,592
0.283
106,400,988
134.1
5.52
2.02
1977
 
33,332,134
0.302
110,459,087
139.2
3.81
2.02
1978
 
37,818,959
0.323
117,173,624
147.7
6.08
2.04
1979
 
42,320,346
0.351
120,423,259
151.8
2.77
2.04
1980
 
47,202,071
0.389
121,254,806
152.8
0.69
2.04
1981
 
53,425,141
0.424
125,958,130
158.8
3.88
2.06
1982
 
57,837,878
0.448
129,186,031
162.8
2.56
2.08
1983
 
63,391,355
0.467
135,811,456
171.2
5.13
2.13
1984
 
71,797,631
0.484
148,222,777
186.8
9.14
2.19
1985
 
78,653,685
0.501
156,905,691
197.8
5.86
2.24
1986
 
85,815,039
0.512
167,545,323
211.2
6.78
2.31
1987
 
92,176,403
0.528
174,569,908
220.1
4.19
2.34
1988
 
100,730,745
0.549
183,597,457
231.4
5.17
2.36
1989
 
108,528,867
0.573
189,533,656
238.9
3.23
2.36
1990
 
116,127,930
0.598
194,275,082
244.9
2.50
2.37
1991
 
121,970,784
0.618
197,446,796
248.9
1.63
2.40
1992
 
131,894,417
0.634
207,969,752
262.2
5.33
2.44
1993
 
140,056,533
0.650
215,471,589
271.6
3.61
2.48
1994
 
150,802,631
0.664
227,262,992
286.5
5.47
2.54
1995
 
162,763,562
0.678
240,227,237
302.8
5.70
2.59
1996
 
175,804,576
0.692
254,041,842
320.2
5.75
2.64
1997
 
187,175,782
0.704
265,848,257
335.1
4.65
2.65
1998
 
205,294,013
0.710
289,280,952
364.7
8.81
2.71
1999
 
218,718,588
0.720
303,771,598
382.9
5.01
2.74
2000
 
236,616,760
0.738
320,523,367
404.0
5.51
2.74
2001
 
248,742,489
0.753
330,326,537
416.4
3.06
2.77
2002
 
255,977,173
0.763
335,527,353
422.9
1.57
2.80
2003
 
265,622,803
0.779
341,005,473
429.9
1.63
2.80
2004
 
280,462,397
0.798
351,337,764
442.9
3.03
2.80
2005
 
297,084,940
0.821
361,738,454
456.0
2.96
2.82
2006
 
316,548,828
0.844
374,880,185
472.6
3.63
2.80
2007
 
331,363,663
0.866
382,606,098
482.3
2.06
2.78
2008
 
335,257,508
0.892
375,975,673
473.9
-1.73
2.70
2009
 
329,158,884
0.889
370,170,021
466.6
-1.54
2.73
2010
 
337,420,548
0.905
372,782,716
469.9
0.71
2.69
2011
 
360,456,247
0.928
388,405,938
489.6
4.19
2.71
2012
 
369,040,241
0.945
390,378,320
492.1
0.51
2.65
2013
 
374,124,564
0.958
390,604,153
492.4
0.06
2.66
2014
 
398,585,712
0.971
410,401,161
517.3
5.07
2.70
2015
 
423,242,013
0.973
434,991,123
548.3
5.99
2.74
2016
 
441,039,056
0.983
448,739,425
565.7
3.16
2.78
2017
 
467,592,473
1.000
467,592,473
589.4
4.20
2.81
2018
 
491,087,953
1.020
481,237,031
606.6
2.92
2.80
2019
 
516,552,121
1.035
499,021,496
629.0
3.70
2.82
2020
 
552,248,854
1.046
527,785,974
665.3
5.76
2.82
2021
 
606,113,593
1.090
556,062,415
700.9
5.36
2.83
2022
 
617,552,988
1.160
532,175,993
670.8
-4.30
2.83
Source: Calculations by the Georgia Regional Economic Analysis Project (GA-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 Georgia Regional Economic Analysis Project (GA-REAP)
with data provided by the U.S. Department of Commerce, Bureau of Economic Analysis
November 2023
REAP_PI_CA1400_300_PN
 
   
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