Fresno County vs. California
Comparative Trends Analysis:
Total Personal Income Growth and Change, 1969-2022
Introduction
Fresno County vs. California
Fresno County:
2022 TPI = $51,316,407K
2022 Percent of State = 1.71%
California:
2022 TPI = $3,006,647,281K
2022 Percent of U.S. = 13.78%
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 2017 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, 1970-2022
Current vs. Constant Dollars (Millions)
Fresno County Total Personal Income, 1970-2022
Current vs. Constant Dollars (Millions)
Figure 1.
Figure 1 depicts Fresno County's annual total personal income over 1970-2022 in current and constant (2017) 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 3,004.25%, from $1,653M in 1970 to $51,316M in 2022. When measured in constant 2017 dollars to adjust for inflation, it advanced 428.76%, from $8,363M in 1970 to $44,222M in 2022.
Real Total Personal Income, 1969-2022 (Millions)
Real Total Personal Income, 1969-2022 (Millions)
Figure 2.
Figure 2 tracks Fresno County's and California's annual real total personal income for the period 1969-2022 to illustrate real total personal income patterns over time. During this 54-year period, Fresno County's real total personal income rose from $7,946M in 1969 to $44,222M in 2022, for a net gain of $36,276M, or 456.51%. In comparison, California's real total personal income advanced from $488,058M in 1969 to $2,590,977M in 2022, for a net advance of $2,102,919M, or 430.87%.
Real Total Personal Income Indices (1969=100): 1969-2022
Real Total Personal Income Indices (1969=100): 1969-2022
Figure 3.
Figure 3 portrays 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 456.51% over 1969-2022 outpaced California's increase of 430.87%, and topped the United States' increase of 348.76%.
Total Personal Income as a Percent of the California Total: 1969-2022
Total Personal Income as a Percent of the California Total: 1969-2022
Figure 4.
Another interesting and insightful way of contrasting 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 totaled 1.63% of California's total personal income, while in 2022 it comprised 1.71% thereby yielding a +0.08% share-shift.
   
 
Total Personal Income Share-Shift
2022 vs. 1969
 
Share-
Shift*
 
2022
vs.
1969
+0.08%
=
1.71%
-
1.63%
 
   
Fresno County Real Total Personal Income:
Annual Percent Change, 1970-2022
Fresno County Real Total Personal Income:
Annual Percent Change, 1970-2022
Figure 5.
Figure 5 highlights the short-run pattern of Fresno County's real total personal income growth by tracking the year-to-year percent change over 1970-2022. The average annual percent change for the entire 53-year period is also illustrated 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 3.34% over 1970-2022. The county recorded its highest growth in 2020 (12.15%) and posted its lowest growth in 2022 (-7.95%). In 2022, Fresno County's real total personal income declined by -7.95%
Fresno County Real Total Personal Income:
Annual Percent Change and Decade Averages Over 1970-2022
Fresno County Real Total Personal Income:
Annual Percent Change and Decade Averages Over 1970-2022
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 depicts 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, 2010s, and 2020-2022.
During the 1970s, Fresno County's annual real total personal income growth rate averaged 5.60%. It averaged 2.92% throughout the 1980s, 2.78% throughout the 1990s, 2.79% during the 2000s, 2.86% in the 2010s, 2.58% thus far this decade (2020-2022).
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%), amounted to less than California's average in the 1980s (2.92% vs. 3.95%), posted below California's average during the 1990s (2.78% vs. 3.11%), outperformed California's average in the 2000s (2.79% vs. 2.04%), lagged California's average throughout the 2010s (2.86% vs. 3.55%), and recorded above California's average over the 3 year period of the current decade, 2020-2022 (2.58% vs. 2.04%).
Finally, relative to nationwide real total personal income growth trends, Fresno County outpaced the nation throughout the 1970s (5.60% vs. 3.50%), fell below the nation over the 1980s (2.92% vs. 3.16%), recorded underneath the nation throughout the 1990s (2.78% vs. 3.27%), registered above the nation throughout the 2000s (2.79% vs. 2.06%), led the nation during the 2010s (2.86% vs. 2.72%), and outperformed the nation over 2020-2022 (2.58% vs. 2.10%).
   
 
Real* Total Personal Income Growth:
Average Annual Percent Change
 
 
 
3.34
5.60
2.92
2.78
2.79
2.86
2.58
-7.95
 
3.23
3.86
3.95
3.11
2.04
3.55
2.04
-6.29
 
2.89
3.50
3.16
3.27
2.06
2.72
2.10
-4.19
 
   

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, 1969-2022
 
1969
 
1,500,510
0.189
7,946,354
100.0
N
1.63
1970
 
1,653,102
0.198
8,363,361
105.2
5.25
1.66
1971
 
1,799,992
0.206
8,735,705
109.9
4.45
1.70
1972
 
2,036,193
0.213
9,556,002
120.3
9.39
1.75
1973
 
2,339,957
0.225
10,420,650
131.1
9.05
1.83
1974
 
2,740,807
0.248
11,054,761
139.1
6.09
1.92
1975
 
2,963,789
0.269
11,034,211
138.9
-0.19
1.88
1976
 
3,397,744
0.283
11,992,179
150.9
8.68
1.94
1977
 
3,628,639
0.302
12,024,917
151.3
0.27
1.87
1978
 
4,040,140
0.323
12,517,474
157.5
4.10
1.83
1979
 
4,792,411
0.351
13,636,886
171.6
8.94
1.92
1980
 
5,542,361
0.389
14,237,467
179.2
4.40
1.95
1981
 
5,807,285
0.424
13,691,583
172.3
-3.83
1.82
1982
 
6,123,544
0.448
13,677,479
172.1
-0.10
1.79
1983
 
6,445,527
0.467
13,809,082
173.8
0.96
1.74
1984
 
7,113,502
0.484
14,685,485
184.8
6.35
1.73
1985
 
7,643,191
0.501
15,247,349
191.9
3.83
1.72
1986
 
8,157,589
0.512
15,926,881
200.4
4.46
1.71
1987
 
8,884,599
0.528
16,826,255
211.7
5.65
1.74
1988
 
9,566,290
0.549
17,436,052
219.4
3.62
1.72
1989
 
10,370,017
0.573
18,110,087
227.9
3.87
1.73
1990
 
11,303,948
0.598
18,910,829
238.0
4.42
1.76
1991
 
11,862,727
0.618
19,203,430
241.7
1.55
1.78
1992
 
12,608,219
0.634
19,880,509
250.2
3.53
1.80
1993
 
13,348,277
0.650
20,535,811
258.4
3.30
1.86
1994
 
13,661,123
0.664
20,587,623
259.1
0.25
1.84
1995
 
14,205,895
0.678
20,966,873
263.9
1.84
1.82
1996
 
14,842,295
0.692
21,447,473
269.9
2.29
1.79
1997
 
15,261,271
0.704
21,675,786
272.8
1.06
1.74
1998
 
16,165,777
0.710
22,779,288
286.7
5.09
1.70
1999
 
17,127,818
0.720
23,788,306
299.4
4.43
1.67
2000
 
18,484,717
0.738
25,039,578
315.1
5.26
1.64
2001
 
19,073,727
0.753
25,329,642
318.8
1.16
1.63
2002
 
20,421,046
0.763
26,767,307
336.9
5.68
1.72
2003
 
21,910,996
0.779
28,129,247
354.0
5.09
1.77
2004
 
23,181,267
0.798
29,039,381
365.4
3.24
1.76
2005
 
24,077,832
0.821
29,317,803
368.9
0.96
1.73
2006
 
25,753,508
0.844
30,499,180
383.8
4.03
1.72
2007
 
27,140,658
0.866
31,337,719
394.4
2.75
1.74
2008
 
27,702,269
0.892
31,066,804
391.0
-0.86
1.74
2009
 
27,806,136
0.889
31,270,606
393.5
0.66
1.81
2010
 
29,066,562
0.905
32,112,780
404.1
2.69
1.81
2011
 
30,713,635
0.928
33,095,163
416.5
3.06
1.79
2012
 
31,502,991
0.945
33,324,509
419.4
0.69
1.74
2013
 
32,824,378
0.958
34,270,239
431.3
2.84
1.78
2014
 
35,044,607
0.971
36,083,450
454.1
5.29
1.79
2015
 
37,251,040
0.973
38,285,121
481.8
6.10
1.78
2016
 
38,323,050
0.983
38,992,155
490.7
1.85
1.75
2017
 
39,208,890
1.000
39,208,890
493.4
0.56
1.71
2018
 
40,504,743
1.020
39,692,243
499.5
1.23
1.68
2019
 
42,828,739
1.035
41,375,227
520.7
4.24
1.69
2020
 
48,552,515
1.046
46,401,792
583.9
12.15
1.75
2021
 
52,363,942
1.090
48,039,873
604.6
3.53
1.74
2022
 
51,316,407
1.160
44,221,889
556.5
-7.95
1.71
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 2023
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, 1969-2022
 
1969
 
92,160,048
0.189
488,058,296
100.0
N
11.65
1970
 
99,417,462
0.198
502,972,083
103.1
3.06
11.62
1971
 
105,987,186
0.206
514,376,054
105.4
2.27
11.46
1972
 
116,351,066
0.213
546,044,049
111.9
6.16
11.45
1973
 
127,777,265
0.225
569,037,030
116.6
4.21
11.27
1974
 
142,507,421
0.248
574,788,936
117.8
1.01
11.45
1975
 
157,639,903
0.269
586,894,650
120.3
2.11
11.57
1976
 
174,924,788
0.283
617,388,868
126.5
5.20
11.70
1977
 
194,032,902
0.302
643,004,050
131.7
4.15
11.75
1978
 
220,640,055
0.323
683,604,087
140.1
6.31
11.89
1979
 
250,181,567
0.351
711,895,874
145.9
4.14
12.07
1980
 
284,416,652
0.389
730,622,308
149.7
2.63
12.29
1981
 
319,356,852
0.424
752,933,755
154.3
3.05
12.33
1982
 
342,144,678
0.448
764,210,489
156.6
1.50
12.32
1983
 
369,925,812
0.467
792,539,661
162.4
3.71
12.46
1984
 
410,321,649
0.484
847,089,430
173.6
6.88
12.53
1985
 
443,888,531
0.501
885,510,156
181.4
4.54
12.65
1986
 
476,484,468
0.512
930,288,502
190.6
5.06
12.82
1987
 
511,613,010
0.528
968,927,332
198.5
4.15
13.01
1988
 
557,618,023
0.549
1,016,345,617
208.2
4.89
13.08
1989
 
600,193,593
0.573
1,048,171,693
214.8
3.13
13.03
1990
 
643,623,777
0.598
1,076,744,085
220.6
2.73
13.14
1991
 
666,607,620
0.618
1,079,107,100
221.1
0.22
13.14
1992
 
702,023,479
0.634
1,106,943,360
226.8
2.58
12.98
1993
 
719,014,905
0.650
1,106,176,777
226.6
-0.07
12.74
1994
 
741,651,785
0.664
1,117,686,095
229.0
1.04
12.50
1995
 
779,604,724
0.678
1,150,640,145
235.8
2.95
12.42
1996
 
828,147,235
0.692
1,196,692,680
245.2
4.00
12.43
1997
 
876,440,299
0.704
1,244,819,832
255.1
4.02
12.40
1998
 
953,360,541
0.710
1,343,385,716
275.3
7.92
12.57
1999
 
1,022,682,748
0.720
1,420,372,978
291.0
5.73
12.82
2000
 
1,127,550,078
0.738
1,527,390,315
313.0
7.53
13.08
2001
 
1,169,366,357
0.753
1,552,902,123
318.2
1.67
13.01
2002
 
1,187,280,934
0.763
1,556,252,945
318.9
0.22
12.98
2003
 
1,240,604,169
0.779
1,592,682,580
326.3
2.34
13.09
2004
 
1,315,172,209
0.798
1,647,528,041
337.6
3.44
13.14
2005
 
1,387,883,820
0.821
1,689,923,923
346.3
2.57
13.17
2006
 
1,493,216,996
0.844
1,768,376,357
362.3
4.64
13.22
2007
 
1,561,307,156
0.866
1,802,749,381
369.4
1.94
13.09
2008
 
1,588,294,546
0.892
1,781,198,325
365.0
-1.20
12.78
2009
 
1,539,818,660
0.889
1,731,670,427
354.8
-2.78
12.77
2010
 
1,609,997,470
0.905
1,778,727,567
364.4
2.72
12.83
2011
 
1,713,428,004
0.928
1,846,286,802
378.3
3.80
12.88
2012
 
1,814,763,034
0.945
1,919,693,480
393.3
3.98
13.05
2013
 
1,840,885,251
0.958
1,921,973,305
393.8
0.12
13.09
2014
 
1,955,718,006
0.971
2,013,692,205
412.6
4.77
13.23
2015
 
2,097,049,575
0.973
2,155,263,235
441.6
7.03
13.56
2016
 
2,191,138,011
0.983
2,229,394,419
456.8
3.44
13.79
2017
 
2,295,048,653
1.000
2,295,048,653
470.2
2.94
13.78
2018
 
2,411,055,136
1.020
2,362,690,854
484.1
2.95
13.77
2019
 
2,537,950,599
1.035
2,451,818,225
502.4
3.77
13.84
2020
 
2,767,521,379
1.046
2,644,928,923
541.9
7.88
14.11
2021
 
3,013,676,929
1.090
2,764,815,854
566.5
4.53
14.09
2022
 
3,006,647,281
1.160
2,590,976,863
530.9
-6.29
13.78
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 2023
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, 1969-2022
 
1969
 
791,229,000
0.189
4,190,165,758
100.0
N
1970
 
855,525,000
0.198
4,328,265,709
103.3
3.30
1971
 
924,613,000
0.206
4,487,323,465
107.1
3.67
1972
 
1,016,408,000
0.213
4,770,076,966
113.8
6.30
1973
 
1,133,468,000
0.225
5,047,731,018
120.5
5.82
1974
 
1,244,912,000
0.248
5,021,223,733
119.8
-0.53
1975
 
1,362,505,000
0.269
5,072,617,275
121.1
1.02
1976
 
1,495,704,000
0.283
5,279,017,400
126.0
4.07
1977
 
1,651,632,000
0.302
5,473,329,799
130.6
3.68
1978
 
1,855,849,000
0.323
5,749,934,936
137.2
5.05
1979
 
2,073,296,000
0.351
5,899,598,782
140.8
2.60
1980
 
2,313,972,000
0.389
5,944,235,512
141.9
0.76
1981
 
2,590,995,000
0.424
6,108,676,176
145.8
2.77
1982
 
2,777,640,000
0.448
6,204,105,336
148.1
1.56
1983
 
2,969,333,000
0.467
6,361,584,112
151.8
2.54
1984
 
3,275,415,000
0.484
6,761,937,695
161.4
6.29
1985
 
3,508,482,000
0.501
6,999,046,441
167.0
3.51
1986
 
3,717,756,000
0.512
7,258,548,586
173.2
3.71
1987
 
3,931,800,000
0.528
7,446,308,852
177.7
2.59
1988
 
4,264,433,000
0.549
7,772,592,728
185.5
4.38
1989
 
4,605,107,000
0.573
8,042,309,775
191.9
3.47
1990
 
4,897,332,000
0.598
8,192,943,538
195.5
1.87
1991
 
5,072,291,000
0.618
8,211,045,100
196.0
0.22
1992
 
5,406,546,000
0.634
8,524,985,809
203.5
3.82
1993
 
5,643,648,000
0.650
8,682,535,385
207.2
1.85
1994
 
5,933,938,000
0.664
8,942,579,420
213.4
3.00
1995
 
6,278,125,000
0.678
9,266,058,093
221.1
3.62
1996
 
6,660,854,000
0.692
9,625,094,288
229.7
3.87
1997
 
7,068,422,000
0.704
10,039,373,926
239.6
4.30
1998
 
7,584,003,000
0.710
10,686,661,406
255.0
6.45
1999
 
7,978,449,000
0.720
11,081,025,264
264.5
3.69
2000
 
8,620,234,000
0.738
11,677,052,911
278.7
5.38
2001
 
8,990,104,000
0.753
11,938,732,039
284.9
2.24
2002
 
9,146,700,000
0.763
11,989,225,466
286.1
0.42
2003
 
9,474,684,000
0.779
12,163,560,736
290.3
1.45
2004
 
10,008,929,000
0.798
12,538,275,270
299.2
3.08
2005
 
10,540,800,000
0.821
12,834,755,927
306.3
2.36
2006
 
11,291,446,000
0.844
13,372,153,008
319.1
4.19
2007
 
11,925,044,000
0.866
13,769,145,681
328.6
2.97
2008
 
12,423,410,000
0.892
13,932,275,429
332.5
1.18
2009
 
12,058,253,000
0.889
13,560,635,845
323.6
-2.67
2010
 
12,547,501,000
0.905
13,862,497,514
330.8
2.23
2011
 
13,299,818,000
0.928
14,331,082,712
342.0
3.38
2012
 
13,905,749,000
0.945
14,709,785,897
351.1
2.64
2013
 
14,063,283,000
0.958
14,682,748,144
350.4
-0.18
2014
 
14,778,160,000
0.971
15,216,235,418
363.1
3.63
2015
 
15,467,113,000
0.973
15,896,476,839
379.4
4.47
2016
 
15,884,741,000
0.983
16,162,082,333
385.7
1.67
2017
 
16,658,962,000
1.000
16,658,962,000
397.6
3.07
2018
 
17,514,402,000
1.020
17,163,073,878
409.6
3.03
2019
 
18,343,601,000
1.035
17,721,060,157
422.9
3.25
2020
 
19,609,985,000
1.046
18,741,324,605
447.3
5.76
2021
 
21,392,812,000
1.090
19,626,252,970
468.4
4.72
2022
 
21,820,248,000
1.160
18,803,588,325
448.8
-4.19
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 2023
REAP_PI_CA1400_300_PN
 
   
Copyright © 2023. Pacific Northwest Regional Economic Analysis Project (PNREAP). All Rights Reserved.

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