Golden Valley County Personal Income

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Description

YearAverage Percent Growth Over Period
2019 2018 2017 2016 2015 2015-2019
Income by Place of Residence
Total Personal Income ($ mill.) 43.4 41.7 39.1 42.6 45.4 -0.9
Derivation of Total Personal Income
Earnings by Place of Work 15.9 15.6 15.6 17.7 19.7 -5.0
Less: Personal Contributions for Social Insurance 1.8 1.8 1.8 1.8 1.8 0.5
Plus: Adjustment for Residence 4.1 3.3 2.9 3.5 4.3 0.6
Equals: Net Earnings by Place of Residence 18.2 17.0 16.7 19.4 22.2 -4.5
Plus: Dividends, Interest, and Rent 14.8 14.6 12.9 14.8 15.0 0.1
Plus: Transfer Payments 10.4 10.1 9.5 8.3 8.2 6.4
Earnings by Place of Work
  Earnings by Type
Wages and Salaries 6.8 7.3 7.4 7.3 7.0 -0.5
Other Labor Income 2.4 2.5 2.7 2.4 2.3 1.3
Proprietors Income 6.6 5.8 5.6 8.0 10.4 -8.8
Earnings by Industry
Mining ----- ----- ----- ----- ----- -----
Construction 1.0 0.9 ----- ----- ----- 2.8
Manufacturing ----- ----- ----- ----- ----- -----
Non-durable Goods ----- ----- ----- ----- ----- -----
Durable Goods 0.1 ----- 0.1 0.2 0.1 26.0
Utilities -0.0 -0.0 -0.0 -0.0 -0.0 16.7
Wholesale Trade 0.4 0.3 0.5 0.5 0.3 3.7
Retail Trade ----- ----- ----- ----- ----- -----
Transportation and Warehousing ----- ----- ----- ----- ----- -----
Finance and Insurance 0.1 0.1 0.2 0.1 ----- -6.5
Real Estate 0.3 0.3 0.3 0.3 0.1 43.8
Professional Services ----- ----- ----- ----- ----- -----
Management of Companies 0.0 0.0 0.0 0.0 0.0 -----
Administrative and Waste Services ----- 0.1 0.2 0.2 0.4 -29.6
Educational Services ----- ----- ----- ----- ----- -----
Health Care ----- ----- ----- ----- ----- -----
Entertainment and Recreation 0.1 0.1 0.2 0.2 0.1 2.8
Accommodation and Food Services 0.4 0.4 0.4 0.5 0.5 -5.3
Other Services ----- ----- ----- ----- ----- -----
Government 3.3 3.3 3.4 3.3 3.1 1.2
Millions of 2009 Dollars
Nonfarm Earnings 11.4 11.3 13.1 14.5 15.3 -6.8

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