Fresno County vs. California
Comparative Trends Analysis:
Total Personal Income Growth and Change, 1969-2020
Introduction
Fresno County vs. California
Fresno County:
2020 TPI = $48,539,267K
2020 Percent of State = 1.8%
California:
2020 TPI = $2,763,311,977K
2020 Percent of U.S. = 14.1%
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 Fresno County and California 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 2012 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.
Fresno County Total Personal Income, 1970-2020
Current vs. Constant Dollars (Millions)
Fresno County Total Personal Income, 1970-2020
Current vs. Constant Dollars (Millions)
Figure 1.
Figure 1 depicts Fresno County's annual total personal income over 1970-2020 in current and constant (2012) dollars. Constant dollar measurements remove the effects of inflation. They allow for comparison of changes in the real purchasing power of Fresno County over time.
When measured in current dollars, Fresno County's total personal income increased 2,836.3%, from $1,653M in 1970 to $48,539M in 2020. When measured in constant 2012 dollars to adjust for inflation, it advanced 452.0%, from $7,906M in 1970 to $43,641M in 2020.
Real Total Personal Income, 1969-2020 (Millions)
Real Total Personal Income, 1969-2020 (Millions)
Figure 2.
Figure 2 traces Fresno County's and California's annual real total personal income for the period 1969-2020 to illustrate real total personal income patterns over time. During this 52-year period, Fresno County's real total personal income rose from $7,512M in 1969 to $43,641M in 2020, for a net gain of $36,129M, or 481.0%. In comparison, California's real total personal income increased from $461,354M in 1969 to $2,484,434M in 2020, for a net gain of $2,023,080M, or 438.5%.
Real Total Personal Income Indices (1969=100): 1969-2020
Real Total Personal Income Indices (1969=100): 1969-2020
Figure 3.
Figure 3 shows Fresno County's real total personal income growth in a broader context by offering direct comparisons across time with California, the United States. The growth indices shown here express each region's real total personal income in 1969 as a base figure of 100, and the real total personal incomes in later years as a percentage of the 1969 base figure. This method allows for more direct comparison of differences in real total personal income growth between regions that may differ vastly in size.
Fresno County's overall real total personal income growth was 481.0% over 1969-2020 outpaced California's increase of 438.5%, and outpaced the United States' increase of 345.1%.
Total Personal Income as a Percent of the California Total: 1969-2020
Total Personal Income as a Percent of the California Total: 1969-2020
Figure 4.
Another interesting and insightful way of highlighting the total personal income growth of Fresno County is to compare its individual percentage contributions to California's statewide total personal income over time, as shown in Figure 4. A rising share means a region's total personal income grew faster, or declined less, than California's total personal income, while a declining share shows it grew more slowly.
In 1969, Fresno County's total personal income comprised 1.6% of California's total personal income, while in 2020 it comprised 1.8% thereby yielding a +0.1% share-shift.
   
 
Total Personal Income Share-Shift
2020 vs. 1969
 
Share-
Shift*
 
2020
vs.
1969
+0.13%
=
1.76%
-
1.63%
 
   
Fresno County Real Total Personal Income:
Annual Percent Change, 1970-2020
Fresno County Real Total Personal Income:
Annual Percent Change, 1970-2020
Figure 5.
Figure 5 shows the short-run pattern of Fresno County's real total personal income growth by tracking the year-to-year percent change over 1970-2020. The average annual percent change for the entire 51-year period is also traced on this chart to provide a benchmark for gauging periods of relative high--and relative low--growth against the backdrop of the long-term average.
On average, Fresno County's real total personal income grew at an annual rate of 3.55% over 1970-2020. The county recorded its highest growth in 2020 (11.75%) and recorded its lowest growth in 1981 (-3.77%). In 2020, Fresno County's real total personal income grew by 11.75%
Fresno County Real Total Personal Income:
Annual Percent Change and Decade Averages Over 1970-2020
Fresno County Real Total Personal Income:
Annual Percent Change and Decade Averages Over 1970-2020
Figure 6.
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 6 again traces the annual percent change in Fresno 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, and 2010-2020.
During the 1970s, Fresno County's annual real total personal income growth rate averaged 5.60%. It averaged 2.93% during the 1980s, 2.76% in the 1990s, 2.80% in the 2000s, and 2.84% thus far this decade (2010 to 2020).
Real Total Personal Income Growth:
Average Annual Percent Change by Decade
Real Total Personal Income Growth:
Average Annual Percent Change by Decade
Figure 7.
Figure 7 compares the decade average growth rates for Fresno County noted in the previous graph with the corresponding decade averages for California and the nation. As the chart reveals, Fresno County's average annual real total personal income growth led California's average in the 1970s (5.60% vs. 3.86%), lagged California's average during the 1980s (2.93% vs. 3.97%), posted below California's average throughout the 1990s (2.76% vs. 3.19%), outgained California's average throughout the 2000s (2.80% vs. 1.97%), and recorded under California's average over the 11 year period of the last decade, 2010-2020 (2.84% vs. 3.53%).
Finally, relative to nationwide real total personal income growth trends, Fresno County outpaced the nation in the 1970s (5.60% vs. 3.50%), recorded underneath the nation in the 1980s (2.93% vs. 3.17%), fell below the nation over the 1990s (2.76% vs. 3.30%), outpaced the nation throughout the 2000s (2.80% vs. 2.04%), and outgained the nation over 2010-2020 (2.84% vs. 2.70%).
   
 
Real* Total Personal Income Growth:
Average Annual Percent Change
 
 
 
3.55
5.60
2.93
2.76
2.80
2.84
11.75
 
3.38
3.86
3.97
3.19
1.97
3.53
7.34
 
2.99
3.50
3.17
3.30
2.04
2.70
5.30
 
   

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

   
 
Fresno County:
Total Personal Income, 1969-2020
 
1969
 
1,500,510
0.200
7,511,564
100.0
N
1.63
1970
 
1,653,102
0.209
7,905,796
105.2
5.25
1.66
1971
 
1,799,992
0.218
8,257,602
109.9
4.45
1.70
1972
 
2,036,193
0.225
9,032,885
120.3
9.39
1.75
1973
 
2,339,957
0.238
9,849,962
131.1
9.05
1.83
1974
 
2,740,807
0.262
10,449,529
139.1
6.09
1.92
1975
 
2,963,789
0.284
10,430,368
138.9
-0.18
1.88
1976
 
3,397,744
0.300
11,335,638
150.9
8.68
1.94
1977
 
3,628,639
0.319
11,366,848
151.3
0.28
1.87
1978
 
4,040,140
0.341
11,832,303
157.5
4.09
1.83
1979
 
4,792,511
0.372
12,890,718
171.6
8.95
1.92
1980
 
5,540,745
0.412
13,454,288
179.1
4.37
1.95
1981
 
5,809,316
0.449
12,946,705
172.4
-3.77
1.82
1982
 
6,125,148
0.474
12,932,348
172.2
-0.11
1.79
1983
 
6,443,188
0.494
13,048,702
173.7
0.90
1.74
1984
 
7,119,275
0.512
13,893,166
185.0
6.47
1.73
1985
 
7,644,924
0.530
14,415,953
191.9
3.76
1.72
1986
 
8,160,310
0.542
15,060,368
200.5
4.47
1.71
1987
 
8,910,556
0.559
15,953,014
212.4
5.93
1.74
1988
 
9,572,858
0.580
16,494,121
219.6
3.39
1.72
1989
 
10,378,753
0.606
17,134,572
228.1
3.88
1.73
1990
 
11,305,019
0.632
17,878,919
238.0
4.34
1.76
1991
 
11,853,761
0.653
18,140,272
241.5
1.46
1.78
1992
 
12,614,523
0.671
18,803,230
250.3
3.65
1.80
1993
 
13,359,184
0.688
19,429,280
258.7
3.33
1.86
1994
 
13,672,905
0.702
19,479,015
259.3
0.26
1.84
1995
 
14,222,713
0.717
19,844,446
264.2
1.88
1.82
1996
 
14,865,185
0.732
20,306,520
270.3
2.33
1.79
1997
 
15,268,932
0.745
20,501,265
272.9
0.96
1.73
1998
 
16,150,808
0.751
21,514,331
286.4
4.94
1.68
1999
 
17,122,168
0.762
22,480,658
299.3
4.49
1.66
2000
 
18,468,337
0.781
23,650,067
314.8
5.20
1.63
2001
 
19,156,823
0.797
24,049,441
320.2
1.69
1.63
2002
 
20,487,249
0.807
25,386,296
338.0
5.56
1.72
2003
 
21,972,350
0.824
26,666,121
355.0
5.04
1.77
2004
 
23,242,215
0.844
27,524,146
366.4
3.22
1.76
2005
 
24,166,137
0.869
27,816,816
370.3
1.06
1.73
2006
 
25,850,536
0.893
28,940,839
385.3
4.04
1.72
2007
 
27,263,143
0.916
29,758,708
396.2
2.83
1.73
2008
 
27,788,298
0.943
29,460,162
392.2
-1.00
1.74
2009
 
27,798,393
0.941
29,553,266
393.4
0.32
1.80
2010
 
29,073,705
0.957
30,365,134
404.2
2.75
1.80
2011
 
30,768,390
0.982
31,341,948
417.2
3.22
1.79
2012
 
31,695,916
1.000
31,695,916
422.0
1.13
1.73
2013
 
32,998,669
1.014
32,557,836
433.4
2.72
1.78
2014
 
35,278,492
1.029
34,288,581
456.5
5.32
1.78
2015
 
37,664,739
1.031
36,526,571
486.3
6.53
1.77
2016
 
38,697,763
1.041
37,156,511
494.7
1.72
1.74
2017
 
39,593,851
1.061
37,334,727
497.0
0.48
1.71
2018
 
40,888,952
1.083
37,748,991
502.5
1.11
1.68
2019
 
42,926,067
1.099
39,051,388
519.9
3.45
1.69
2020
 
48,539,267
1.112
43,640,609
581.0
11.75
1.76
Source: Calculations by the California Regional Economic Analysis Project (CA-REAP)
with data provided by the U.S. Department of Commerce, Bureau of Economic Analysis
November 2021
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.

   
 
California:
Total Personal Income, 1969-2020
 
1969
 
92,160,048
0.200
461,353,865
100.0
N
11.65
1970
 
99,417,462
0.209
475,454,146
103.1
3.06
11.62
1971
 
105,987,186
0.218
486,224,360
105.4
2.27
11.46
1972
 
116,351,066
0.225
516,152,364
111.9
6.16
11.45
1973
 
127,777,265
0.238
537,873,653
116.6
4.21
11.27
1974
 
142,507,421
0.262
543,320,069
117.8
1.01
11.45
1975
 
157,639,903
0.284
554,777,065
120.2
2.11
11.57
1976
 
174,924,788
0.300
583,588,403
126.5
5.19
11.70
1977
 
194,032,902
0.319
607,815,374
131.7
4.15
11.75
1978
 
220,640,055
0.341
646,185,547
140.1
6.31
11.89
1979
 
250,173,900
0.372
672,908,440
145.9
4.14
12.07
1980
 
284,307,980
0.412
690,369,530
149.6
2.59
12.29
1981
 
319,557,151
0.449
712,168,552
154.4
3.16
12.32
1982
 
342,342,458
0.474
722,805,688
156.7
1.49
12.32
1983
 
369,808,779
0.494
748,934,301
162.3
3.61
12.46
1984
 
410,796,416
0.512
801,663,478
173.8
7.04
12.53
1985
 
444,066,873
0.530
837,372,241
181.5
4.45
12.65
1986
 
476,682,239
0.542
879,747,230
190.7
5.06
12.82
1987
 
513,377,058
0.559
919,124,623
199.2
4.48
13.01
1988
 
558,041,138
0.580
961,509,938
208.4
4.61
13.08
1989
 
600,755,071
0.606
991,803,261
215.0
3.15
13.03
1990
 
643,684,926
0.632
1,017,989,477
220.7
2.64
13.14
1991
 
665,992,598
0.653
1,019,194,427
220.9
0.12
13.14
1992
 
702,449,072
0.671
1,047,071,820
227.0
2.74
12.98
1993
 
719,730,984
0.688
1,046,759,627
226.9
-0.03
12.74
1994
 
742,429,143
0.702
1,057,696,840
229.3
1.04
12.50
1995
 
780,642,835
0.717
1,089,203,213
236.1
2.98
12.42
1996
 
829,666,598
0.732
1,133,362,382
245.7
4.05
12.43
1997
 
882,677,306
0.745
1,185,151,731
256.9
4.57
12.45
1998
 
959,693,523
0.751
1,278,398,192
277.1
7.87
12.62
1999
 
1,030,884,656
0.762
1,353,506,455
293.4
5.88
12.88
2000
 
1,135,543,382
0.781
1,454,146,987
315.2
7.44
13.12
2001
 
1,173,878,608
0.797
1,473,685,106
319.4
1.34
13.03
2002
 
1,190,223,778
0.807
1,474,838,019
319.7
0.08
13.00
2003
 
1,243,465,494
0.824
1,509,096,694
327.1
2.32
13.10
2004
 
1,318,744,308
0.844
1,561,697,604
338.5
3.49
13.14
2005
 
1,394,854,877
0.869
1,605,569,866
348.0
2.81
13.16
2006
 
1,503,754,405
0.893
1,683,520,751
364.9
4.86
13.22
2007
 
1,572,721,399
0.916
1,716,682,384
372.1
1.97
13.09
2008
 
1,594,742,475
0.943
1,690,689,080
366.5
-1.51
12.78
2009
 
1,540,872,603
0.941
1,638,145,694
355.1
-3.11
12.76
2010
 
1,614,040,770
0.957
1,685,735,083
365.4
2.91
12.82
2011
 
1,715,226,969
0.982
1,747,200,743
378.7
3.65
12.87
2012
 
1,827,166,863
1.000
1,827,166,863
396.0
4.58
13.05
2013
 
1,857,200,859
1.014
1,832,390,294
397.2
0.29
13.09
2014
 
1,980,736,837
1.029
1,925,157,539
417.3
5.06
13.23
2015
 
2,125,430,316
1.031
2,061,203,224
446.8
7.07
13.55
2016
 
2,218,457,774
1.041
2,130,101,177
461.7
3.34
13.79
2017
 
2,318,644,417
1.061
2,186,348,471
473.9
2.64
13.76
2018
 
2,431,821,953
1.083
2,245,076,491
486.6
2.69
13.75
2019
 
2,544,234,978
1.099
2,314,582,138
501.7
3.10
13.83
2020
 
2,763,311,977
1.112
2,484,434,234
538.5
7.34
14.09
Source: Calculations by the California Regional Economic Analysis Project (CA-REAP)
with data provided by the U.S. Department of Commerce, Bureau of Economic Analysis
November 2021
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, 1969-2020
 
1969
 
791,229,000
0.200
3,960,898,078
100.0
N
1970
 
855,525,000
0.209
4,091,463,415
103.3
3.30
1971
 
924,613,000
0.218
4,241,733,187
107.1
3.67
1972
 
1,016,408,000
0.225
4,508,952,178
113.8
6.30
1973
 
1,133,468,000
0.238
4,771,291,463
120.5
5.82
1974
 
1,244,912,000
0.262
4,746,318,960
119.8
-0.52
1975
 
1,362,505,000
0.284
4,795,020,236
121.1
1.03
1976
 
1,495,704,000
0.300
4,990,004,671
126.0
4.07
1977
 
1,651,632,000
0.319
5,173,799,455
130.6
3.68
1978
 
1,855,849,000
0.341
5,435,199,883
137.2
5.05
1979
 
2,073,257,000
0.372
5,576,569,477
140.8
2.60
1980
 
2,313,160,000
0.412
5,616,920,014
141.8
0.72
1981
 
2,592,915,000
0.449
5,778,598,650
145.9
2.88
1982
 
2,779,794,000
0.474
5,869,125,689
148.2
1.57
1983
 
2,968,676,000
0.494
6,012,143,060
151.8
2.44
1984
 
3,279,488,000
0.512
6,399,875,105
161.6
6.45
1985
 
3,510,471,000
0.530
6,619,658,313
167.1
3.43
1986
 
3,719,647,000
0.542
6,864,843,865
173.3
3.70
1987
 
3,946,593,000
0.559
7,065,782,831
178.4
2.93
1988
 
4,267,813,000
0.580
7,353,480,478
185.7
4.07
1989
 
4,609,667,000
0.606
7,610,227,498
192.1
3.49
1990
 
4,897,821,000
0.632
7,745,917,351
195.6
1.78
1991
 
5,067,291,000
0.653
7,754,672,890
195.8
0.11
1992
 
5,409,920,000
0.671
8,064,036,251
203.6
3.99
1993
 
5,648,732,000
0.688
8,215,381,483
207.4
1.88
1994
 
5,940,128,000
0.702
8,462,564,643
213.7
3.01
1995
 
6,286,143,000
0.717
8,770,831,996
221.4
3.64
1996
 
6,673,186,000
0.732
9,115,876,182
230.1
3.93
1997
 
7,086,935,000
0.745
9,515,474,368
240.2
4.38
1998
 
7,601,594,000
0.751
10,126,007,726
255.6
6.42
1999
 
8,006,585,000
0.762
10,512,295,835
265.4
3.81
2000
 
8,654,561,000
0.781
11,082,803,176
279.8
5.43
2001
 
9,009,842,000
0.797
11,310,939,540
285.6
2.06
2002
 
9,157,682,000
0.807
11,347,527,942
286.5
0.32
2003
 
9,491,393,000
0.824
11,518,960,412
290.8
1.51
2004
 
10,037,313,000
0.844
11,886,495,032
300.1
3.19
2005
 
10,599,603,000
0.869
12,200,841,429
308.0
2.64
2006
 
11,374,142,000
0.893
12,733,863,998
321.5
4.37
2007
 
12,014,107,000
0.916
13,113,833,039
331.1
2.98
2008
 
12,475,898,000
0.943
13,226,501,988
333.9
0.86
2009
 
12,073,407,000
0.941
12,835,583,977
324.1
-2.96
2010
 
12,586,509,000
0.957
13,145,590,985
331.9
2.42
2011
 
13,330,436,000
0.982
13,578,930,427
342.8
3.30
2012
 
14,003,346,000
1.000
14,003,346,000
353.5
3.13
2013
 
14,189,228,000
1.014
13,999,672,435
353.4
-0.03
2014
 
14,969,527,000
1.029
14,549,483,414
367.3
3.93
2015
 
15,681,233,000
1.031
15,207,371,310
383.9
4.52
2016
 
16,092,713,000
1.041
15,451,773,438
390.1
1.61
2017
 
16,845,028,000
1.061
15,883,893,598
401.0
2.80
2018
 
17,681,159,000
1.083
16,323,380,232
412.1
2.77
2019
 
18,402,004,000
1.099
16,740,965,412
422.7
2.56
2020
 
19,607,447,000
1.112
17,628,632,951
445.1
5.30
Source: Calculations by the California Regional Economic Analysis Project (CA-REAP)
with data provided by the U.S. Department of Commerce, Bureau of Economic Analysis
November 2021
REAP_PI_CA1400_300_PN
 
   
Copyright © 2021. Pacific Northwest Regional Economic Analysis Project (PNREAP). All Rights Reserved.

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