Winnebago County vs. Iowa
Comparative Trends Analysis:
Total Personal Income Growth and Change, 1969-2022
Introduction
Winnebago County vs. Iowa
Winnebago County:
2022 TPI = $584,073K
2022 Percent of State = 0.30%
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 Winnebago 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.
Winnebago County Total Personal Income, 1970-2022
Current vs. Constant Dollars (Millions)
Winnebago County Total Personal Income, 1970-2022
Current vs. Constant Dollars (Millions)
Figure 1.
Figure 1 depicts Winnebago 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 Winnebago County over time.
When measured in current dollars, Winnebago County's total personal income increased 1,151.87%, from $47M in 1970 to $584M in 2022. When measured in constant 2017 dollars to adjust for inflation, it advanced 113.24%, from $236M in 1970 to $503M in 2022.
Real Total Personal Income, 1969-2022 (Millions)
Real Total Personal Income, 1969-2022 (Millions)
Figure 2.
Figure 2 tracks Winnebago 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, Winnebago County's real total personal income rose from $231M in 1969 to $503M in 2022, for a net gain of $272M, or 118.05%. 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
Real Total Personal Income Indices (1969=100): 1969-2022
Figure 3.
Figure 3 shows Winnebago 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.
Winnebago County's overall real total personal income growth was 118.05% 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
Total Personal Income as a Percent of the Iowa Total: 1969-2022
Figure 4.
Another interesting and insightful way of highlighting the total personal income growth of Winnebago County is to compare 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, Winnebago County's total personal income comprised 0.42% of Iowa's total personal income, while in 2022 it equated to 0.30% thereby yielding a -0.12% share-shift.
   
 
Total Personal Income Share-Shift
2022 vs. 1969
 
Share-
Shift*
 
2022
vs.
1969
-0.12%
=
0.30%
-
0.42%
 
   
Winnebago County Real Total Personal Income:
Annual Percent Change, 1970-2022
Winnebago County Real Total Personal Income:
Annual Percent Change, 1970-2022
Figure 5.
Figure 5 shows the short-run pattern of Winnebago 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, Winnebago County's real total personal income grew at an annual rate of 1.81% over 1970-2022. The county recorded its highest growth in 1973 (28.53%) and posted its lowest growth in 1974 (-20.71%). In 2022, Winnebago County's real total personal income grew by 0.03%
Winnebago County Real Total Personal Income:
Annual Percent Change and Decade Averages Over 1970-2022
Winnebago 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 Winnebago County's real total personal income since 1970, but this time they are displayed with average growth rates for the decade of the 1970s, 1980s, 1990s, 2000s, 2010s, and 2020-2022.
During the 1970s, Winnebago County's annual real total personal income growth rate averaged 3.97%. It averaged 1.45% during the 1980s, 0.24% in the 1990s, 1.34% during the 2000s, 0.74% throughout the 2010s, 6.07% 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 Winnebago County noted in the previous graph with the corresponding decade averages for Iowa and the nation. As the chart reveals, Winnebago County's average annual real total personal income growth outperformed Iowa's average throughout the 1970s (3.97% vs. 3.28%), recorded above Iowa's average in the 1980s (1.45% vs. 0.87%), trailed Iowa's average in the 1990s (0.24% vs. 2.56%), posted below Iowa's average in the 2000s (1.34% vs. 2.03%), lagged Iowa's average in the 2010s (0.74% vs. 1.87%), and surpassed Iowa's average over the 3 year period of the current decade, 2020-2022 (6.07% vs. 2.90%).
Finally, relative to nationwide real total personal income growth trends, Winnebago County recorded above the nation during the 1970s (3.97% vs. 3.50%), trailed the nation over the 1980s (1.45% vs. 3.16%), posted below the nation in the 1990s (0.24% vs. 3.27%), recorded underneath the nation over the 2000s (1.34% vs. 2.06%), lagged the nation in the 2010s (0.74% vs. 2.72%), and outgained the nation over 2020-2022 (6.07% vs. 2.10%).
   
 
Real* Total Personal Income Growth:
Average Annual Percent Change
 
 
 
1.81
3.97
1.45
0.24
1.34
0.74
6.07
0.03
 
2.17
3.28
0.87
2.56
2.03
1.87
2.90
-2.47
 
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.

   
 
Winnebago County:
Total Personal Income, 1969-2022
 
1969
 
43,587
0.189
230,827
100.0
N
0.42
1970
 
46,656
0.198
236,042
102.3
2.26
0.42
1971
 
49,893
0.206
242,140
104.9
2.58
0.43
1972
 
62,718
0.213
294,340
127.5
21.56
0.48
1973
 
84,949
0.225
378,308
163.9
28.53
0.54
1974
 
74,372
0.248
299,972
130.0
-20.71
0.46
1975
 
89,776
0.269
334,237
144.8
11.42
0.50
1976
 
91,724
0.283
323,736
140.3
-3.14
0.48
1977
 
104,467
0.302
346,192
150.0
6.94
0.49
1978
 
111,172
0.323
344,442
149.2
-0.51
0.45
1979
 
109,906
0.351
312,739
135.5
-9.20
0.42
1980
 
109,826
0.389
282,126
122.2
-9.79
0.39
1981
 
126,062
0.424
297,211
128.8
5.35
0.40
1982
 
130,554
0.448
291,604
126.3
-1.89
0.40
1983
 
139,312
0.467
298,466
129.3
2.35
0.42
1984
 
171,944
0.484
354,970
153.8
18.93
0.47
1985
 
172,590
0.501
344,299
149.2
-3.01
0.45
1986
 
180,242
0.512
351,905
152.5
2.21
0.46
1987
 
186,572
0.528
353,343
153.1
0.41
0.45
1988
 
198,936
0.549
362,592
157.1
2.62
0.47
1989
 
202,095
0.573
352,937
152.9
-2.66
0.43
1990
 
203,881
0.598
341,081
147.8
-3.36
0.42
1991
 
192,376
0.618
311,419
134.9
-8.70
0.38
1992
 
216,356
0.634
341,148
147.8
9.55
0.40
1993
 
200,418
0.650
308,335
133.6
-9.62
0.37
1994
 
235,700
0.664
355,205
153.9
15.20
0.40
1995
 
234,664
0.678
346,347
150.0
-2.49
0.38
1996
 
259,056
0.692
374,342
162.2
8.08
0.39
1997
 
258,031
0.704
366,485
158.8
-2.10
0.37
1998
 
266,596
0.710
375,662
162.7
2.50
0.36
1999
 
252,495
0.720
350,683
151.9
-6.65
0.34
2000
 
266,622
0.738
361,169
156.5
2.99
0.33
2001
 
265,767
0.753
352,935
152.9
-2.28
0.32
2002
 
271,600
0.763
356,005
154.2
0.87
0.32
2003
 
274,926
0.779
352,949
152.9
-0.86
0.32
2004
 
306,188
0.798
383,564
166.2
8.67
0.33
2005
 
302,551
0.821
368,394
159.6
-3.96
0.31
2006
 
317,276
0.844
375,741
162.8
1.99
0.31
2007
 
354,542
0.866
409,369
177.3
8.95
0.33
2008
 
372,505
0.892
417,747
181.0
2.05
0.32
2009
 
352,761
0.889
396,713
171.9
-5.04
0.31
2010
 
383,813
0.905
424,037
183.7
6.89
0.33
2011
 
412,407
0.928
444,385
192.5
4.80
0.33
2012
 
437,603
0.945
462,905
200.5
4.17
0.33
2013
 
442,649
0.958
462,147
200.2
-0.16
0.33
2014
 
429,833
0.971
442,575
191.7
-4.24
0.31
2015
 
440,398
0.973
452,623
196.1
2.27
0.31
2016
 
410,247
0.983
417,410
180.8
-7.78
0.29
2017
 
421,464
1.000
421,464
182.6
0.97
0.28
2018
 
446,192
1.020
437,242
189.4
3.74
0.29
2019
 
438,064
1.035
423,197
183.3
-3.21
0.28
2020
 
468,059
1.046
447,325
193.8
5.70
0.28
2021
 
548,486
1.090
503,194
218.0
12.49
0.30
2022
 
584,073
1.160
503,325
218.1
0.03
0.30
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 TableTip: 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
 
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
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 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 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
 
   
Copyright © 2023. Pacific Northwest Regional Economic Analysis Project (PNREAP). All Rights Reserved.

Please stay tuned...
while your request is processing:

Please wait while your request is being processed...
To offer the most comprehensive set of interactive options in support of your research, IA-REAP calculates and crunches most of the data and generates the narrative and graphic analysis on demand in response to your request.
Your request will soon be available.
Just a few more seconds....Your request has been generated and is now loading the results.