Bureau of Business and Economic Research, Personal Income

Personal income is the income received by people from all sources: private sector and government wages and salary disbursements, other labor income, farm and non-farm self-employment income, rental income of people, personal dividend income, personal interest income, and transfer payments. Personal income does not have taxes subtracted from it.

The amount of goods and services that people can afford is directly related to their personal income, therefore per capita personal income is a measure of economic well-being. (Per capita personal income is calculated by dividing the annual total personal income of residents by the resident population.)

Montana Personal Income by county