Pickens County vs. Georgia
Comparative Trends Analysis:
Total Personal Income Growth and Change, 1969-2022
Introduction
Pickens County vs. Georgia
Pickens County:
2022 TPI = $2,111,029K
2022 Percent of State = 0.34%
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 Pickens 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.
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 1.
Another interesting and insightful way of highlighting the total personal income growth of Pickens County is to compare its individual percentage contributions to Georgia's statewide total personal income over time, as shown in Figure 1. 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, Pickens County's total personal income totaled 0.17% of Georgia's total personal income, while in 2022 it comprised 0.34% thereby yielding a +0.17% share-shift.
   
 
Total Personal Income Share-Shift
2022 vs. 1969
 
Share-
Shift*
 
2022
vs.
1969
+0.17%
=
0.34%
-
0.17%
 
   
Pickens County Real Total Personal Income:
Annual Percent Change and Decade Averages Over 1970-2022
Pickens County Real Total Personal Income:
Annual Percent Change and Decade Averages Over 1970-2022
Figure 2.
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 2 again shows the annual percent change in Pickens County's real total personal income since 1970, but this time they are overlayed with average growth rates for the decade of the 1970s, 1980s, 1990s, 2000s, 2010s, and 2020-2022.
During the 1970s, Pickens County's annual real total personal income growth rate averaged 4.98%. It averaged 5.39% throughout the 1980s, 8.28% during the 1990s, 3.76% in the 2000s, 3.00% in the 2010s, 5.42% thus far this decade (2020-2022).

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

   
 
Pickens County:
Total Personal Income, 1969-2022
 
1969
 
25,448
0.189
134,767
100.0
N
0.17
1970
 
27,381
0.198
138,526
102.8
2.79
0.17
1971
 
30,244
0.206
146,780
108.9
5.96
0.17
1972
 
33,865
0.213
158,931
117.9
8.28
0.17
1973
 
39,972
0.225
178,009
132.1
12.00
0.17
1974
 
43,767
0.248
176,530
131.0
-0.83
0.17
1975
 
50,726
0.269
188,853
140.1
6.98
0.19
1976
 
56,381
0.283
198,994
147.7
5.37
0.19
1977
 
63,097
0.302
209,097
155.2
5.08
0.19
1978
 
69,725
0.323
216,027
160.3
3.31
0.18
1979
 
76,590
0.351
217,938
161.7
0.88
0.18
1980
 
85,459
0.389
219,531
162.9
0.73
0.18
1981
 
96,601
0.424
227,752
169.0
3.74
0.18
1982
 
105,176
0.448
234,920
174.3
3.15
0.18
1983
 
116,615
0.467
249,839
185.4
6.35
0.18
1984
 
135,136
0.484
278,982
207.0
11.66
0.19
1985
 
146,718
0.501
292,687
217.2
4.91
0.19
1986
 
164,847
0.512
321,847
238.8
9.96
0.19
1987
 
181,020
0.528
342,828
254.4
6.52
0.20
1988
 
199,737
0.549
364,052
270.1
6.19
0.20
1989
 
209,862
0.573
366,501
272.0
0.67
0.19
1990
 
229,105
0.598
383,279
284.4
4.58
0.20
1991
 
238,107
0.618
385,449
286.0
0.57
0.20
1992
 
264,010
0.634
416,288
308.9
8.00
0.20
1993
 
290,521
0.650
446,955
331.7
7.37
0.21
1994
 
326,396
0.664
491,886
365.0
10.05
0.22
1995
 
365,941
0.678
540,102
400.8
9.80
0.22
1996
 
419,293
0.692
605,888
449.6
12.18
0.24
1997
 
456,287
0.704
648,071
480.9
6.96
0.24
1998
 
522,396
0.710
736,111
546.2
13.59
0.25
1999
 
581,388
0.720
807,472
599.2
9.69
0.27
2000
 
626,480
0.738
848,636
629.7
5.10
0.26
2001
 
688,114
0.753
913,806
678.1
7.68
0.28
2002
 
722,928
0.763
947,593
703.1
3.70
0.28
2003
 
753,420
0.779
967,238
717.7
2.07
0.28
2004
 
845,067
0.798
1,058,623
785.5
9.45
0.30
2005
 
891,391
0.821
1,085,381
805.4
2.53
0.30
2006
 
952,961
0.844
1,128,566
837.4
3.98
0.30
2007
 
1,029,621
0.866
1,188,843
882.1
5.34
0.31
2008
 
1,052,692
0.892
1,180,545
876.0
-0.70
0.31
2009
 
1,033,282
0.889
1,162,022
862.2
-1.57
0.31
2010
 
1,049,040
0.905
1,158,981
860.0
-0.26
0.31
2011
 
1,096,649
0.928
1,181,683
876.8
1.96
0.30
2012
 
1,105,172
0.945
1,169,074
867.5
-1.07
0.30
2013
 
1,133,126
0.958
1,183,038
877.8
1.19
0.30
2014
 
1,186,434
0.971
1,221,604
906.5
3.26
0.30
2015
 
1,265,686
0.973
1,300,821
965.2
6.48
0.30
2016
 
1,363,380
0.983
1,387,184
1,029.3
6.64
0.31
2017
 
1,455,587
1.000
1,455,587
1,080.1
4.93
0.31
2018
 
1,514,833
1.020
1,484,446
1,101.5
1.98
0.31
2019
 
1,611,339
1.035
1,556,654
1,155.1
4.86
0.31
2020
 
1,743,770
1.046
1,666,526
1,236.6
7.06
0.32
2021
 
1,990,869
1.090
1,826,469
1,355.3
9.60
0.33
2022
 
2,111,029
1.160
1,819,178
1,349.9
-0.40
0.34
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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