Dunn County vs. Wisconsin
Comparative Trends Analysis:
Per Capita Personal Income Growth and Change, 1969-2022
Introduction
Dunn County vs. Wisconsin
Dunn County:
2022 PCI = $49,324
2022 Percent of State = 80.23%
Wisconsin:
2022 PCI = $61,475
Per Capita Income (PCI) is one of the most widely used indicators for gauging the economic performance and changing fortunes of local economies. It is used as a yardstick to assess the economic well being of a region's residents and the quality of consumer markets. It serves as a barometer for calibrating the economic performance of a region over time and to judge differences in relative economic prosperity between regions. Shifting trends in local per capita income growth have important social and political ramifications and significant implications in formulating local economic development strategies and initiatives.
Data Definition:
This measure of income is calculated as the total personal income of the residents of an area divided by the population of the area. Per capita personal income is often used as an indicator of consumers' purchasing power and of the economic well-being of the residents of an area.
Personal income is measured as a flow throughout the year, while the measurement of population is at one point in mid-year. Therefore, per capita income is distorted if a significant change in population occurs during the year.
For smaller counties in particular, per capita income in any given year may be exceptionally high or low for the short run because of unusual local conditions, such as a bumper crop, a catastrophe, or a major construction project as the building of a dam or nuclear power plant.
Farm incomes are notorious for being especially volatile year-to-year, owing to changing weather, commodity market conditions, and alterations in government programs. Therefore, the per capita income of farm-dependent counties may exhibit sharp fluctuations over time.
The presence of large institutional populations--such as residents attending a local college or the residents of a local prison or state mental institution--can significantly lower the per capita income estimates of an area. Such results may not reflect the relative economic well being of the non-institutional population and may mislead if care is not given to their interpretation.
Dunn County Per Capita Personal Income, 1970-2022
Current vs. Constant Dollars
Dunn County Per Capita Personal Income, 1970-2022
Current vs. Constant Dollars
Figure 1.
Figure 1 depicts Dunn County's annual per capita 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 Dunn County over time.
When measured in current dollars, Dunn County's per capita personal income increased 1,570.44%, from $2,953 in 1970 to $49,324 in 2022. When measured in constant 2017 dollars to adjust for inflation, it advanced 184.53%, from $14,938 in 1970 to $42,505 in 2022.
Real Per Capita Personal Income, 1969-2022
Real Per Capita Personal Income, 1969-2022
Figure 2.
Figure 2 traces Dunn County's and Wisconsin's annual real per capita personal income for the period 1969-2022 to illustrate real per capita personal income patterns over time. During this 54-year period, Dunn County's real per capita personal income rose from $14,509 in 1969 to $42,505 in 2022, for a net gain of $27,996, or 192.96%. In comparison, Wisconsin's real per capita personal income advanced from $19,868 in 1969 to $52,976 in 2022, for a net gain of $33,109, or 166.64%.
Real Per Capita Personal Income Indices (1969=100): 1969-2022
Real Per Capita Personal Income Indices (1969=100): 1969-2022
Figure 3.
Figure 3 portrays Dunn County's real per capita personal income growth in a broader context by offering direct comparisons across time with Wisconsin, the United States. The growth indices shown here express each region's real per capita personal income in 1969 as a base figure of 100, and the real per capita personal incomes in later years as a percentage of the 1969 base figure. This method allows for more direct comparison of differences in real per capita personal income growth between regions that may differ vastly in size.
Dunn County's overall real per capita personal income growth was 192.96% over 1969-2022 outpaced Wisconsin's increase of 166.64%, and topped the United States' increase of 171.04%.
Per Capita Personal Income as a Percent of the U.S. Average: 1969-2022
Per Capita Personal Income as a Percent of the U.S. Average: 1969-2022
Figure 4.
Figure 4 portrays the trends for per capita personal income relative to the national average by tracing Dunn County and Wisconsin per capita personal income as a percent of the national average over 1969-2022.
In 1969, Dunn County's per capita personal income amounted to 69.70% of the national average; in 2022, it approximated 75.34%. Similarly, in 1969, Wisconsin's per capita personal income totaled 95.45% of the national average; in 2022, it consisted of 93.90%.
Dunn County Real Per Capita Personal Income:
Annual Percent Change, 1970-2022
Dunn County Real Per Capita Personal Income:
Annual Percent Change, 1970-2022
Figure 5.
Figure 5 shows the short-run pattern of Dunn County's real per capita 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, Dunn County's real per capita personal income grew at an annual rate of 2.10% over 1970-2022. The county posted its highest growth in 1973 (9.40%) and recorded its lowest growth in 2022 (-6.95%). In 2022, Dunn County's real per capita personal income declined by -6.95%
Dunn County Real Per Capita Personal Income:
Annual Percent Change and Decade Averages Over 1970-2022
Dunn County Real Per Capita 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 Dunn County's real per capita 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, Dunn County's annual real per capita personal income growth rate averaged 3.24%. It averaged 1.81% in the 1980s, 2.55% during the 1990s, 1.15% during the 2000s, 1.65% throughout the 2010s, 2.40% thus far this decade (2020-2022).
Real Per Capita Personal Income Growth:
Average Annual Percent Change by Decade
Real Per Capita Personal Income Growth:
Average Annual Percent Change by Decade
Figure 7.
Figure 7 compares the decade average growth rates for Dunn County noted in the previous graph with the corresponding decade averages for Wisconsin and the nation. As the chart reveals, Dunn County's average annual real per capita personal income growth recorded above Wisconsin's average in the 1970s (3.24% vs. 2.78%), led Wisconsin's average in the 1980s (1.81% vs. 1.66%), exceeded Wisconsin's average throughout the 1990s (2.55% vs. 2.36%), surpassed Wisconsin's average throughout the 2000s (1.15% vs. 1.03%), amounted to less than Wisconsin's average in the 2010s (1.65% vs. 1.67%), and outpaced Wisconsin's average over the 3 year period of the current decade, 2020-2022 (2.40% vs. 1.64%).
Finally, relative to nationwide real per capita personal income growth trends, Dunn County exceeded the nation in the 1970s (3.24% vs. 2.37%), recorded underneath the nation throughout the 1980s (1.81% vs. 2.19%), outperformed the nation throughout the 1990s (2.55% vs. 2.01%), outgained the nation throughout the 2000s (1.15% vs. 1.10%), recorded underneath the nation in the 2010s (1.65% vs. 1.97%), and outgained the nation over 2020-2022 (2.40% vs. 1.78%).
   
 
Real* Per Capita Personal Income Growth:
Average Annual Percent Change
 
 
 
2.10
3.24
1.81
2.55
1.15
1.65
2.40
-6.95
 
1.89
2.78
1.66
2.36
1.03
1.67
1.64
-4.37
 
1.92
2.37
2.19
2.01
1.10
1.97
1.78
-4.55
 
   

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

   
 
Dunn County:
Per Capita Personal Income, 1969-2022
 
1969
 
2,740
0.189
14,509
100.0
N
73.03
69.70
1970
 
2,953
0.198
14,938
103.0
2.96
74.05
70.34
1971
 
3,275
0.206
15,894
109.5
6.40
77.04
73.25
1972
 
3,482
0.213
16,341
112.6
2.81
75.55
71.69
1973
 
4,014
0.225
17,878
123.2
9.40
78.33
74.85
1974
 
4,335
0.248
17,486
120.5
-2.19
77.35
74.29
1975
 
4,733
0.269
17,620
121.4
0.76
77.59
74.84
1976
 
5,169
0.283
18,245
125.8
3.55
77.43
75.19
1977
 
5,885
0.302
19,501
134.4
6.88
79.35
78.30
1978
 
6,323
0.323
19,590
135.0
0.45
76.65
75.67
1979
 
6,977
0.351
19,852
136.8
1.34
76.06
75.57
1980
 
7,392
0.389
18,989
130.9
-4.35
73.64
72.59
1981
 
7,934
0.424
18,706
128.9
-1.49
72.69
70.27
1982
 
8,307
0.448
18,554
127.9
-0.81
72.18
69.28
1983
 
8,921
0.467
19,112
131.7
3.00
73.62
70.24
1984
 
10,055
0.484
20,759
143.1
8.62
75.78
72.40
1985
 
10,446
0.501
20,839
143.6
0.39
74.87
70.84
1986
 
11,095
0.512
21,662
149.3
3.95
75.51
71.67
1987
 
11,634
0.528
22,033
151.9
1.71
75.62
71.69
1988
 
11,927
0.549
21,739
149.8
-1.33
73.37
68.38
1989
 
13,497
0.573
23,571
162.5
8.43
76.71
72.34
1990
 
14,031
0.598
23,472
161.8
-0.42
76.11
71.52
1991
 
14,161
0.618
22,923
158.0
-2.34
74.72
70.63
1992
 
15,436
0.634
24,339
167.8
6.18
76.54
73.24
1993
 
16,054
0.650
24,699
170.2
1.48
76.57
73.94
1994
 
17,139
0.664
25,829
178.0
4.58
77.68
76.00
1995
 
18,032
0.678
26,614
183.4
3.04
78.47
76.48
1996
 
19,178
0.692
27,713
191.0
4.13
79.64
77.56
1997
 
20,063
0.704
28,496
196.4
2.83
78.96
77.39
1998
 
20,694
0.710
29,160
201.0
2.33
76.60
75.27
1999
 
21,764
0.720
30,227
208.3
3.66
78.03
76.12
2000
 
22,802
0.738
30,888
212.9
2.19
77.31
74.64
2001
 
23,973
0.753
31,836
219.4
3.07
77.81
75.99
2002
 
24,902
0.763
32,641
225.0
2.53
79.29
78.31
2003
 
25,578
0.779
32,837
226.3
0.60
79.72
78.32
2004
 
26,305
0.798
32,953
227.1
0.35
78.95
76.95
2005
 
26,818
0.821
32,655
225.1
-0.90
78.38
75.19
2006
 
27,605
0.844
32,692
225.3
0.11
76.58
72.95
2007
 
29,391
0.866
33,936
233.9
3.81
78.33
74.24
2008
 
30,395
0.892
34,086
234.9
0.44
78.22
74.40
2009
 
30,092
0.889
33,841
233.2
-0.72
78.90
76.56
2010
 
31,510
0.905
34,812
239.9
2.87
80.70
77.69
2011
 
33,363
0.928
35,950
247.8
3.27
81.24
78.23
2012
 
35,259
0.945
37,298
257.1
3.75
82.69
79.71
2013
 
35,433
0.958
36,994
255.0
-0.82
83.00
79.80
2014
 
36,219
0.971
37,293
257.0
0.81
82.02
78.25
2015
 
36,935
0.973
37,960
261.6
1.79
80.41
76.85
2016
 
37,257
0.983
37,907
261.3
-0.14
79.95
76.08
2017
 
38,435
1.000
38,435
264.9
1.39
79.55
75.36
2018
 
39,898
1.020
39,098
269.5
1.73
78.97
74.84
2019
 
41,238
1.035
39,838
274.6
1.89
78.75
74.24
2020
 
44,574
1.046
42,600
293.6
6.93
80.41
75.35
2021
 
49,794
1.090
45,682
314.9
7.23
82.47
77.28
2022
 
49,324
1.160
42,505
293.0
-6.95
80.23
75.34
Source: Calculations by the Wisconsin Regional Economic Analysis Project (WI-REAP)
with data provided by the U.S. Department of Commerce, Bureau of Economic Analysis
November 2023
REAP_PI_CA1400_700_PSN
 
   

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

   
 
Wisconsin:
Per Capita Personal Income, 1969-2022
 
1969
 
3,752
0.189
19,868
100.0
N
95.45
1970
 
3,988
0.198
20,174
101.5
1.54
94.99
1971
 
4,251
0.206
20,631
103.8
2.27
95.09
1972
 
4,609
0.213
21,629
108.9
4.84
94.89
1973
 
5,125
0.225
22,824
114.9
5.53
95.56
1974
 
5,605
0.248
22,607
113.8
-0.95
96.05
1975
 
6,099
0.269
22,708
114.3
0.45
96.45
1976
 
6,676
0.283
23,564
118.6
3.77
97.11
1977
 
7,416
0.302
24,575
123.7
4.29
98.67
1978
 
8,249
0.323
25,558
128.6
4.00
98.72
1979
 
9,172
0.351
26,100
131.4
2.12
99.35
1980
 
10,038
0.389
25,786
129.8
-1.21
98.57
1981
 
10,915
0.424
25,733
129.5
-0.20
96.66
1982
 
11,509
0.448
25,707
129.4
-0.10
95.99
1983
 
12,118
0.467
25,962
130.7
0.99
95.41
1984
 
13,270
0.484
27,395
137.9
5.52
95.54
1985
 
13,953
0.501
27,834
140.1
1.60
94.62
1986
 
14,694
0.512
28,689
144.4
3.07
94.91
1987
 
15,385
0.528
29,137
146.7
1.56
94.81
1988
 
16,255
0.549
29,628
149.1
1.69
93.20
1989
 
17,594
0.573
30,726
154.7
3.71
94.30
1990
 
18,435
0.598
30,841
155.2
0.38
93.97
1991
 
18,953
0.618
30,681
154.4
-0.52
94.53
1992
 
20,166
0.634
31,798
160.0
3.64
95.68
1993
 
20,967
0.650
32,257
162.4
1.44
96.56
1994
 
22,063
0.664
33,250
167.4
3.08
97.83
1995
 
22,981
0.678
33,918
170.7
2.01
97.47
1996
 
24,080
0.692
34,796
175.1
2.59
97.39
1997
 
25,409
0.704
36,089
181.6
3.71
98.01
1998
 
27,018
0.710
38,071
191.6
5.49
98.27
1999
 
27,892
0.720
38,738
195.0
1.75
97.55
2000
 
29,493
0.738
39,951
201.1
3.13
96.54
2001
 
30,812
0.753
40,917
205.9
2.42
97.67
2002
 
31,406
0.763
41,166
207.2
0.61
98.76
2003
 
32,084
0.779
41,189
207.3
0.06
98.24
2004
 
33,319
0.798
41,739
210.1
1.33
97.47
2005
 
34,218
0.821
41,665
209.7
-0.18
95.93
2006
 
36,047
0.844
42,690
214.9
2.46
95.26
2007
 
37,522
0.866
43,325
218.1
1.49
94.78
2008
 
38,857
0.892
43,577
219.3
0.58
95.11
2009
 
38,138
0.889
42,889
215.9
-1.58
97.02
2010
 
39,048
0.905
43,140
217.1
0.59
96.28
2011
 
41,069
0.928
44,253
222.7
2.58
96.29
2012
 
42,641
0.945
45,107
227.0
1.93
96.39
2013
 
42,688
0.958
44,568
224.3
-1.19
96.14
2014
 
44,159
0.971
45,468
228.9
2.02
95.40
2015
 
45,932
0.973
47,207
237.6
3.82
95.57
2016
 
46,598
0.983
47,412
238.6
0.43
95.15
2017
 
48,313
1.000
48,313
243.2
1.90
94.73
2018
 
50,522
1.020
49,509
249.2
2.47
94.77
2019
 
52,364
1.035
50,586
254.6
2.18
94.27
2020
 
55,431
1.046
52,976
266.6
4.72
93.71
2021
 
60,381
1.090
55,395
278.8
4.57
93.72
2022
 
61,475
1.160
52,976
266.6
-4.37
93.90
Source: Calculations by the Wisconsin Regional Economic Analysis Project (WI-REAP)
with data provided by the U.S. Department of Commerce, Bureau of Economic Analysis
November 2023
REAP_PI_CA1400_700_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:
Per Capita Personal Income, 1969-2022
 
1969
 
3,931
0.189
20,816
100.0
N
1970
 
4,198
0.198
21,238
102.0
2.03
1971
 
4,471
0.206
21,697
104.2
2.16
1972
 
4,857
0.213
22,793
109.5
5.05
1973
 
5,363
0.225
23,883
114.7
4.78
1974
 
5,836
0.248
23,537
113.1
-1.45
1975
 
6,324
0.269
23,544
113.1
0.03
1976
 
6,875
0.283
24,265
116.6
3.07
1977
 
7,516
0.302
24,906
119.6
2.64
1978
 
8,356
0.323
25,889
124.4
3.95
1979
 
9,232
0.351
26,271
126.2
1.47
1980
 
10,184
0.389
26,160
125.7
-0.42
1981
 
11,291
0.424
26,621
127.9
1.76
1982
 
11,990
0.448
26,781
128.7
0.60
1983
 
12,701
0.467
27,210
130.7
1.61
1984
 
13,889
0.484
28,674
137.7
5.38
1985
 
14,746
0.501
29,417
141.3
2.59
1986
 
15,482
0.512
30,227
145.2
2.75
1987
 
16,228
0.528
30,733
147.6
1.67
1988
 
17,442
0.549
31,790
152.7
3.44
1989
 
18,658
0.573
32,584
156.5
2.50
1990
 
19,619
0.598
32,821
157.7
0.73
1991
 
20,050
0.618
32,457
155.9
-1.11
1992
 
21,077
0.634
33,234
159.7
2.39
1993
 
21,713
0.650
33,405
160.5
0.51
1994
 
22,552
0.664
33,986
163.3
1.74
1995
 
23,577
0.678
34,798
167.2
2.39
1996
 
24,725
0.692
35,729
171.6
2.67
1997
 
25,925
0.704
36,822
176.9
3.06
1998
 
27,493
0.710
38,740
186.1
5.21
1999
 
28,592
0.720
39,711
190.8
2.51
2000
 
30,551
0.738
41,384
198.8
4.21
2001
 
31,548
0.753
41,895
201.3
1.23
2002
 
31,801
0.763
41,684
200.2
-0.50
2003
 
32,659
0.779
41,928
201.4
0.59
2004
 
34,183
0.798
42,821
205.7
2.13
2005
 
35,669
0.821
43,432
208.6
1.43
2006
 
37,843
0.844
44,816
215.3
3.19
2007
 
39,588
0.866
45,710
219.6
1.99
2008
 
40,854
0.892
45,816
220.1
0.23
2009
 
39,307
0.889
44,204
212.4
-3.52
2010
 
40,557
0.905
44,808
215.3
1.36
2011
 
42,649
0.928
45,956
220.8
2.56
2012
 
44,237
0.945
46,795
224.8
1.83
2013
 
44,401
0.958
46,357
222.7
-0.94
2014
 
46,287
0.971
47,659
229.0
2.81
2015
 
48,060
0.973
49,394
237.3
3.64
2016
 
48,971
0.983
49,826
239.4
0.88
2017
 
51,004
1.000
51,004
245.0
2.36
2018
 
53,309
1.020
52,240
251.0
2.42
2019
 
55,547
1.035
53,662
257.8
2.72
2020
 
59,153
1.046
56,533
271.6
5.35
2021
 
64,430
1.090
59,110
284.0
4.56
2022
 
65,470
1.160
56,419
271.0
-4.55
Source: Calculations by the Wisconsin Regional Economic Analysis Project (WI-REAP)
with data provided by the U.S. Department of Commerce, Bureau of Economic Analysis
November 2023
REAP_PI_CA1400_700_PN
 
   
Copyright © 2023. Pacific Northwest Regional Economic Analysis Project (PNREAP). All Rights Reserved.

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