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Baltimore per capita personal income ranks 28th in nation

Aug 7, 2008 12:40 PM (115 days ago) by Andrew Cannarsa, The Examiner
This story ranks Not ranked
Related Topics: BALTIMORE
BALTIMORE (Map, News) - The Baltimore region’s per capita personal income increased more than 5 percent in 2007 to $45,208, according to data released Thursday by the Bureau of Economic Analysis.

The region’s 2007 per capita personal income ranked 28th in the nation, ahead of the U.S. average of $38,362.

While the U.S. average grew at a slower rate in 2007 (5.2 percent) than 2006 (5.6 percent), Baltimore’s growth rate held steady at 5.1 percent.

The region’s per capita personal income was $43,026 in 2006 and $40,933 in 2005, according to the BEA.

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Personal income growth slowed in 280 metro areas, increased in 144 and was unchanged in 11.

The top 10 metro areas:

  1. Bridgeport, Conn. — $80,182
  2. Naples, Fla. — $61,788
  3. San Francisco — $61,337
  4. San Jose, Calif. — $58,716
  5. Vero Beach, Fla. — $58,144
  6. Washington — $54,211
  7. Boston — $53,763
  8. New York — $53,423
  9. Boulder, Colo. — $52,438
  10. Trenton, N.J. — $52,38

acannarsa@baltimoreexaminer.com

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