Crawford County vs. Iowa | Total Personal Income Trends over 1969-2022

Introduction

Crawford County:

2022 TPI = $882,106K

2022 Percent of State = 0.46%

Iowa:

2022 TPI = $192,742,369K

2022 Percent of U.S. = 0.88%

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 Crawford County and Iowa 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.

Crawford County Total Personal Income, 1970-2022
Current vs. Constant Dollars (Millions)

Figure 1.

Figure 1 depicts Crawford 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 Crawford County over time.

When measured in current dollars, Crawford County's total personal income increased 1,187.26%, from $69M in 1970 to $882M in 2022. When measured in constant 2017 dollars to adjust for inflation, it advanced 119.26%, from $347M in 1970 to $760M in 2022.

Real Total Personal Income, 1969-2022 (Millions)

Figure 2.

Figure 2 tracks Crawford County's and Iowa'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, Crawford County's real total personal income rose from $345M in 1969 to $760M in 2022, for a net gain of $415M, or 120.46%. In comparison, Iowa's real total personal income advanced from $54,939M in 1969 to $166,096M in 2022, for a net advance of $111,157M, or 202.33%.

Real Total Personal Income Indices (1969=100): 1969-2022

Figure 3.

Figure 3 portrays Crawford County's real total personal income growth in a broader context by offering direct comparisons across time with Iowa, 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.

Crawford County's overall real total personal income growth was 120.46% over 1969-2022 trailed Iowa's increase of 202.33%, and fell below the United States' increase of 348.76%.

Total Personal Income as a Percent of the Iowa Total: 1969-2022

Figure 4.

Another interesting and insightful way of comparing the total personal income growth of Crawford County is to trace its individual percentage contributions to Iowa'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 Iowa's total personal income, while a declining share shows it grew more slowly.

In 1969, Crawford County's total personal income totaled 0.63% of Iowa's total personal income, while in 2022 it equated to 0.46% thereby yielding a -0.17% share-shift.

Total Personal Income Share-Shift

2022 vs. 1969

	Share- Shift*		2022	vs.	1969
Crawford County	-0.17%	=	0.46%	-	0.63%

*Percent figures may not add due to rounding by a factor of ± 0.01%.

Crawford County Real Total Personal Income:
Annual Percent Change, 1970-2022

Figure 5.

Figure 5 shows the short-run pattern of Crawford 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 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, Crawford County's real total personal income grew at an annual rate of 1.79% over 1970-2022. The county recorded its highest growth in 1981 (20.12%) and posted its lowest growth in 1974 (-13.97%). In 2022, Crawford County's real total personal income declined by -3.74%

Crawford 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 illustrates the annual percent change in Crawford 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, Crawford County's annual real total personal income growth rate averaged 2.57%. It averaged 0.60% throughout the 1980s, 1.43% in the 1990s, 3.05% throughout the 2000s, 0.57% in the 2010s, 4.24% thus far this decade (2020-2022).

Real Total Personal Income Growth:
Average Annual Percent Change by Decade

Figure 7.

Figure 7 compares the decade average growth rates for Crawford County noted in the previous graph with the corresponding decade averages for Iowa and the nation. As the chart reveals, Crawford County's average annual real total personal income growth recorded under Iowa's average during the 1970s (2.57% vs. 3.28%), fell below Iowa's average throughout the 1980s (0.60% vs. 0.87%), amounted to less than Iowa's average throughout the 1990s (1.43% vs. 2.56%), registered above Iowa's average throughout the 2000s (3.05% vs. 2.03%), recorded under Iowa's average in the 2010s (0.57% vs. 1.87%), and outgained Iowa's average over the 3 year period of the current decade, 2020-2022 (4.24% vs. 2.90%).

Finally, relative to nationwide real total personal income growth trends, Crawford County lagged the nation in the 1970s (2.57% vs. 3.50%), recorded underneath the nation during the 1980s (0.60% vs. 3.16%), trailed the nation in the 1990s (1.43% vs. 3.27%), outpaced the nation throughout the 2000s (3.05% vs. 2.06%), recorded underneath the nation over the 2010s (0.57% vs. 2.72%), and outpaced the nation over 2020-2022 (4.24% vs. 2.10%).

Real* Total Personal Income Growth:

Average Annual Percent Change

	1970-2022	1970-1979	1980-1989	1990-1999	2000-2009	2010-2019	2020-2022	2022
	%	%	%	%	%	%	%	%
Crawford	1.79	2.57	0.60	1.43	3.05	0.57	4.24	-3.74
Iowa	2.17	3.28	0.87	2.56	2.03	1.87	2.90	-2.47
United States	2.89	3.50	3.16	3.27	2.06	2.72	2.10	-4.19

*Real total personal income growth determined using the Implicit Price Deflator for
Personal Consumption (2017=1.00).

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

Crawford County:
Total Personal Income, 1969-2022


Year	Current Dollars (1000s)	Implicit Price Deflator2	Constant Dollars (1000s)	Index1	Percent Change	Percent of Statewide Total
1969	65,110	0.189	344,807	100.0	N	0.63
1970	68,526	0.198	346,686	100.5	0.54	0.62
1971	67,741	0.206	328,760	95.3	-5.17	0.58
1972	78,610	0.213	368,922	107.0	12.22	0.60
1973	98,570	0.225	438,967	127.3	18.99	0.63
1974	93,628	0.248	377,639	109.5	-13.97	0.58
1975	104,317	0.269	388,373	112.6	2.84	0.58
1976	99,541	0.283	351,325	101.9	-9.54	0.52
1977	115,694	0.302	383,397	111.2	9.13	0.54
1978	146,165	0.323	452,860	131.3	18.12	0.60
1979	147,329	0.351	419,227	121.6	-7.43	0.56
1980	147,246	0.389	378,252	109.7	-9.77	0.53
1981	192,711	0.424	454,346	131.8	20.12	0.61
1982	187,984	0.448	419,879	121.8	-7.59	0.58
1983	180,700	0.467	387,137	112.3	-7.80	0.54
1984	210,617	0.484	434,809	126.1	12.31	0.57
1985	212,806	0.501	424,525	123.1	-2.37	0.56
1986	223,940	0.512	437,221	126.8	2.99	0.57
1987	231,445	0.528	438,326	127.1	0.25	0.56
1988	235,071	0.549	428,453	124.3	-2.25	0.55
1989	245,610	0.573	428,931	124.4	0.11	0.53
1990	259,107	0.598	433,471	125.7	1.06	0.53
1991	252,757	0.618	409,164	118.7	-5.61	0.50
1992	278,205	0.634	438,671	127.2	7.21	0.52
1993	271,888	0.650	418,289	121.3	-4.65	0.50
1994	308,619	0.664	465,096	134.9	11.19	0.52
1995	310,460	0.678	458,216	132.9	-1.48	0.51
1996	344,504	0.692	497,817	144.4	8.64	0.52
1997	356,473	0.704	506,303	146.8	1.70	0.51
1998	353,161	0.710	497,641	144.3	-1.71	0.48
1999	351,031	0.720	487,536	141.4	-2.03	0.47
2000	390,515	0.738	528,995	153.4	8.50	0.49
2001	399,696	0.753	530,791	153.9	0.34	0.48
2002	407,593	0.763	534,261	154.9	0.65	0.48
2003	414,839	0.779	532,569	154.5	-0.32	0.48
2004	474,987	0.798	595,020	172.6	11.73	0.51
2005	493,760	0.821	601,215	174.4	1.04	0.51
2006	521,357	0.844	617,429	179.1	2.70	0.51
2007	569,731	0.866	657,835	190.8	6.54	0.52
2008	654,442	0.892	733,926	212.9	11.57	0.56
2009	572,807	0.889	644,175	186.8	-12.23	0.51
2010	598,342	0.905	661,049	191.7	2.62	0.51
2011	673,865	0.928	726,116	210.6	9.84	0.54
2012	697,790	0.945	738,137	214.1	1.66	0.53
2013	701,479	0.958	732,378	212.4	-0.78	0.53
2014	660,082	0.971	679,649	197.1	-7.20	0.48
2015	655,975	0.973	674,185	195.5	-0.80	0.46
2016	633,922	0.983	644,990	187.1	-4.33	0.44
2017	659,483	1.000	659,483	191.3	2.25	0.45
2018	694,695	1.020	680,760	197.4	3.23	0.45
2019	699,149	1.035	675,421	195.9	-0.78	0.44
2020	731,781	1.046	699,365	202.8	3.55	0.44
2021	860,812	1.090	789,729	229.0	12.92	0.46
2022	882,106	1.160	760,154	220.5	-3.74	0.46

1 1969 = 100

2 Implicit Price Deflator for Personal Consumption (2017=1.00).

*Real total personal income determined using the Implicit Price Deflator for
Personal Consumption (2017=1.00).

N Data not available for this year or not meaningful.

Source: Calculations by the Iowa Regional Economic Analysis Project (IA-REAP)
with data provided by the U.S. Department of Commerce, Bureau of Economic Analysis

November 2023

REAP_PI_CA1400_300_PSN

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

Iowa:
Total Personal Income, 1969-2022


Year	Current Dollars (1000s)	Implicit Price Deflator2	Constant Dollars (1000s)	Index1	Percent Change	Percent of Nationwide Total
1969	10,374,042	0.189	54,938,527	100.0	N	1.31
1970	11,094,958	0.198	56,131,529	102.2	2.17	1.30
1971	11,641,612	0.206	56,498,966	102.8	0.65	1.26
1972	13,040,147	0.213	61,198,362	111.4	8.32	1.28
1973	15,654,782	0.225	69,716,241	126.9	13.92	1.38
1974	16,224,999	0.248	65,441,855	119.1	-6.13	1.30
1975	18,133,702	0.269	67,511,921	122.9	3.16	1.33
1976	19,280,266	0.283	68,048,798	123.9	0.80	1.29
1977	21,275,256	0.302	70,503,897	128.3	3.61	1.29
1978	24,537,218	0.323	76,023,107	138.4	7.83	1.32
1979	26,300,036	0.351	74,837,197	136.2	-1.56	1.27
1980	28,010,088	0.389	71,953,576	131.0	-3.85	1.21
1981	31,683,533	0.424	74,698,887	136.0	3.82	1.22
1982	32,544,966	0.448	72,692,069	132.3	-2.69	1.17
1983	33,176,068	0.467	71,077,359	129.4	-2.22	1.12
1984	36,915,948	0.484	76,211,210	138.7	7.22	1.13
1985	38,212,569	0.501	76,229,989	138.8	0.02	1.09
1986	39,474,436	0.512	77,069,908	140.3	1.10	1.06
1987	41,225,071	0.528	78,074,829	142.1	1.30	1.05
1988	42,726,732	0.549	77,876,118	141.8	-0.25	1.00
1989	46,504,223	0.573	81,214,479	147.8	4.29	1.01
1990	49,020,192	0.598	82,007,849	149.3	0.98	1.00
1991	50,210,881	0.618	81,281,576	148.0	-0.89	0.99
1992	53,763,230	0.634	84,773,305	154.3	4.30	0.99
1993	54,005,634	0.650	83,085,591	151.2	-1.99	0.96
1994	58,888,902	0.664	88,746,914	161.5	6.81	0.99
1995	61,256,400	0.678	90,410,013	164.6	1.87	0.98
1996	66,724,719	0.692	96,418,824	175.5	6.65	1.00
1997	69,908,244	0.704	99,291,610	180.7	2.98	0.99
1998	73,147,507	0.710	103,072,565	187.6	3.81	0.96
1999	74,998,667	0.720	104,163,369	189.6	1.06	0.94
2000	80,082,603	0.738	108,480,674	197.5	4.14	0.93
2001	82,519,741	0.753	109,585,059	199.5	1.02	0.92
2002	84,518,170	0.763	110,783,933	201.7	1.09	0.92
2003	86,330,620	0.779	110,830,898	201.7	0.04	0.91
2004	93,377,873	0.798	116,975,300	212.9	5.54	0.93
2005	96,079,986	0.821	116,989,524	212.9	0.01	0.91
2006	101,998,567	0.844	120,794,134	219.9	3.25	0.90
2007	109,069,046	0.866	125,935,601	229.2	4.26	0.91
2008	116,112,823	0.892	130,215,121	237.0	3.40	0.93
2009	112,963,427	0.889	127,037,963	231.2	-2.44	0.94
2010	116,535,730	0.905	128,748,845	234.4	1.35	0.93
2011	125,499,836	0.928	135,231,063	246.1	5.03	0.94
2012	131,136,968	0.945	138,719,369	252.5	2.58	0.94
2013	133,435,138	0.958	139,312,743	253.6	0.43	0.95
2014	137,733,486	0.971	141,816,380	258.1	1.80	0.93
2015	142,521,151	0.973	146,477,509	266.6	3.29	0.92
2016	143,839,853	0.983	146,351,240	266.4	-0.09	0.91
2017	147,911,455	1.000	147,911,455	269.2	1.07	0.89
2018	154,686,050	1.020	151,583,143	275.9	2.48	0.88
2019	158,118,510	1.035	152,752,321	278.0	0.77	0.86
2020	167,778,898	1.046	160,346,823	291.9	4.97	0.86
2021	185,621,741	1.090	170,293,613	310.0	6.20	0.87
2022	192,742,369	1.160	166,095,645	302.3	-2.47	0.88

1 1969 = 100

2 Implicit Price Deflator for Personal Consumption (2017=1.00).

*Real total personal income determined using the Implicit Price Deflator for
Personal Consumption (2017=1.00).

N Data not available for this year or not meaningful.

Source: Calculations by the Iowa Regional Economic Analysis Project (IA-REAP)
with data provided by the U.S. Department of Commerce, Bureau of Economic Analysis

November 2023

REAP_PI_CA1400_300_PSN

Interactive Table Tip: 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


Year	Current Dollars (1000s)	Implicit Price Deflator2	Constant Dollars (1000s)	Index1	Percent Change
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

1 1969 = 100

2 Implicit Price Deflator for Personal Consumption (2017=1.00).

*Real total personal income determined using the Implicit Price Deflator for
Personal Consumption (2017=1.00).

N Data not available for this year or not meaningful.

Source: Calculations by the Iowa Regional Economic Analysis Project (IA-REAP)
with data provided by the U.S. Department of Commerce, Bureau of Economic Analysis

November 2023

REAP_PI_CA1400_300_PN

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