Gallatin County Personal Income

.

Description

YearAverage Percent Growth Over Period
2019 2018 2017 2016 2015 2015-2019
Income by Place of Residence
Total Personal Income ($ mill.) 6,659.4 6,306.8 5,802.3 5,285.5 4,952.9 7.7
Derivation of Total Personal Income
Earnings by Place of Work 4,552.0 4,225.5 3,930.2 3,651.6 3,424.5 7.4
Less: Personal Contributions for Social Insurance 541.9 505.2 466.4 420.2 405.4 7.6
Plus: Adjustment for Residence 53.5 54.7 37.9 51.6 55.7 2.1
Equals: Net Earnings by Place of Residence 4,063.6 3,775.0 3,501.7 3,283.0 3,074.7 7.2
Plus: Dividends, Interest, and Rent 1,908.8 1,892.9 1,690.2 1,447.4 1,368.5 8.8
Plus: Transfer Payments 687.0 639.0 610.4 555.1 509.7 7.8
Earnings by Place of Work
  Earnings by Type
Wages and Salaries 3,025.1 2,788.9 2,589.3 2,388.6 2,196.1 8.3
Other Labor Income 701.9 658.8 623.0 552.5 541.2 6.8
Proprietors Income 825.1 777.8 718.0 710.5 687.2 4.7
Earnings by Industry
Mining 22.1 19.5 18.8 16.4 18.1 5.6
Construction 633.3 597.2 550.4 497.9 457.8 8.5
Manufacturing 236.0 215.3 198.3 184.5 171.8 8.3
Non-durable Goods 74.5 68.3 50.3 43.6 40.7 16.8
Durable Goods 161.4 147.0 148.0 140.9 131.0 5.4
Utilities ----- ----- 12.8 ----- 12.2 -----
Wholesale Trade 161.4 151.7 142.8 134.3 128.7 5.8
Retail Trade 559.6 522.7 457.3 410.8 393.2 9.3
Transportation and Warehousing ----- ----- 81.2 ----- 74.3 -----
Finance and Insurance 179.4 167.8 150.2 133.8 125.2 9.4
Real Estate 154.5 143.8 144.7 144.6 126.0 5.4
Professional Services 554.7 498.7 473.5 424.2 388.8 9.3
Management of Companies 21.0 19.9 18.0 17.9 18.9 2.8
Administrative and Waste Services 140.5 131.8 112.8 103.1 93.2 10.9
Educational Services 45.2 40.3 37.6 32.8 30.0 10.8
Health Care 418.2 391.8 374.3 340.1 323.2 6.7
Entertainment and Recreation 68.2 63.6 60.5 61.5 59.9 3.4
Accommodation and Food Services 264.9 244.3 234.9 225.0 210.2 6.0
Other Services 197.0 182.4 167.9 153.4 143.8 8.2
Government 640.6 613.2 596.2 573.3 548.5 4.0
Millions of 2009 Dollars
Nonfarm Earnings 4,093.7 3,865.3 3,681.9 3,461.6 3,295.2 5.6

Data in this table reflect the change to NAICS codes and are not generally compatible with data for previous years.