Lake 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.) 1,241.3 1,195.0 1,156.5 1,056.1 1,006.0 5.4
Derivation of Total Personal Income
Earnings by Place of Work 533.9 511.9 495.7 479.3 460.4 3.8
Less: Personal Contributions for Social Insurance 72.1 69.3 65.7 60.9 59.7 4.8
Plus: Adjustment for Residence 62.1 57.6 52.0 47.5 53.5 4.2
Equals: Net Earnings by Place of Residence 523.9 500.3 482.0 465.9 454.1 3.6
Plus: Dividends, Interest, and Rent 355.8 350.9 341.5 285.3 273.6 7.0
Plus: Transfer Payments 361.5 343.9 333.0 304.9 278.3 6.8
Earnings by Place of Work
  Earnings by Type
Wages and Salaries 354.1 343.1 332.1 319.1 302.7 4.0
Other Labor Income 98.0 94.9 94.5 88.7 86.9 3.1
Proprietors Income 81.8 73.9 69.1 71.5 70.7 3.9
Earnings by Industry
Mining 3.5 3.5 3.8 2.6 2.5 10.4
Construction 46.7 44.3 42.5 41.7 39.9 4.0
Manufacturing 27.2 25.7 26.1 25.5 23.5 3.8
Non-durable Goods 7.4 7.2 8.0 8.1 8.7 -3.9
Durable Goods 19.8 18.5 18.1 17.3 14.8 7.8
Utilities 4.8 4.3 4.3 13.4 12.8 -13.0
Wholesale Trade 8.1 8.2 8.6 8.4 7.8 1.1
Retail Trade 43.0 42.1 42.3 41.3 38.8 2.6
Transportation and Warehousing 11.2 11.3 10.5 9.3 10.7 1.5
Finance and Insurance 12.6 11.8 11.0 10.6 10.3 5.1
Real Estate 9.0 8.3 8.0 7.3 7.4 5.0
Professional Services 24.9 24.9 22.9 20.2 18.7 7.5
Management of Companies 0.6 0.5 ----- ----- ----- 12.1
Administrative and Waste Services 9.9 8.7 ----- ----- ----- 13.7
Educational Services 2.8 2.5 2.7 2.8 2.4 4.3
Health Care 76.1 72.9 68.7 65.9 62.6 5.0
Entertainment and Recreation 2.9 2.7 2.8 2.5 2.1 8.3
Accommodation and Food Services 17.0 16.3 15.3 15.2 13.8 5.3
Other Services 23.5 22.4 20.6 19.1 18.8 5.7
Government 184.6 180.8 179.9 163.2 156.5 4.3
Millions of 2009 Dollars
Nonfarm Earnings 478.1 468.0 465.7 453.5 439.2 2.1

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