Clark County vs. Wisconsin
Comparative Trends Analysis:
Total Personal Income Growth and Change, 1969-2022
Introduction
Clark County vs. Wisconsin
Clark County:
2022 TPI = $1,781,899K
2022 Percent of State = 0.49%
Wisconsin:
2022 TPI = $362,245,267K
2022 Percent of U.S. = 1.66%
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 Clark County and Wisconsin 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.
Clark County Total Personal Income, 1970-2022
Current vs. Constant Dollars (Millions)
Clark County Total Personal Income, 1970-2022
Current vs. Constant Dollars (Millions)
Figure 1.
Figure 1 depicts Clark 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 Clark County over time.
When measured in current dollars, Clark County's total personal income increased 1,823.72%, from $93M in 1970 to $1,782M in 2022. When measured in constant 2017 dollars to adjust for inflation, it advanced 227.67%, from $469M in 1970 to $1,536M in 2022.
Real Total Personal Income, 1969-2022 (Millions)
Real Total Personal Income, 1969-2022 (Millions)
Figure 2.
Figure 2 tracks Clark County's and Wisconsin'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, Clark County's real total personal income rose from $454M in 1969 to $1,536M in 2022, for a net gain of $1,081M, or 238.04%. In comparison, Wisconsin's real total personal income advanced from $86,981M in 1969 to $312,165M in 2022, for a net advance of $225,184M, or 258.89%.
Real Total Personal Income Indices (1969=100): 1969-2022
Real Total Personal Income Indices (1969=100): 1969-2022
Figure 3.
Figure 3 portrays Clark County's real total 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 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.
Clark County's overall real total personal income growth was 238.04% over 1969-2022 trailed Wisconsin's increase of 258.89%, and fell below the United States' increase of 348.76%.
Total Personal Income as a Percent of the Wisconsin Total: 1969-2022
Total Personal Income as a Percent of the Wisconsin Total: 1969-2022
Figure 4.
Another interesting and insightful way of comparing the total personal income growth of Clark County is to compare its individual percentage contributions to Wisconsin'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 Wisconsin's total personal income, while a declining share shows it grew more slowly.
In 1969, Clark County's total personal income totaled 0.52% of Wisconsin's total personal income, while in 2022 it totaled 0.49% thereby yielding a -0.03% share-shift.
   
 
Total Personal Income Share-Shift
2022 vs. 1969
 
Share-
Shift*
 
2022
vs.
1969
-0.03%
=
0.49%
-
0.52%
 
   
Clark County Real Total Personal Income:
Annual Percent Change, 1970-2022
Clark County Real Total Personal Income:
Annual Percent Change, 1970-2022
Figure 5.
Figure 5 shows the short-run pattern of Clark 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, Clark County's real total personal income grew at an annual rate of 2.38% over 1970-2022. The county recorded its highest growth in 1998 (10.27%) and posted its lowest growth in 2022 (-3.83%). In 2022, Clark County's real total personal income declined by -3.83%
Clark County Real Total Personal Income:
Annual Percent Change and Decade Averages Over 1970-2022
Clark 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 shows the annual percent change in Clark 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, Clark County's annual real total personal income growth rate averaged 3.99%. It averaged 1.15% throughout the 1980s, 2.78% during the 1990s, 0.96% during the 2000s, 3.21% throughout the 2010s, 1.79% 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 Clark County noted in the previous graph with the corresponding decade averages for Wisconsin and the nation. As the chart reveals, Clark County's average annual real total personal income growth surpassed Wisconsin's average throughout the 1970s (3.99% vs. 3.44%), recorded under Wisconsin's average during the 1980s (1.15% vs. 2.07%), posted below Wisconsin's average throughout the 1990s (2.78% vs. 3.32%), trailed Wisconsin's average during the 2000s (0.96% vs. 1.65%), surpassed Wisconsin's average in the 2010s (3.21% vs. 2.04%), and outgained Wisconsin's average over the 3 year period of the current decade, 2020-2022 (1.79% vs. 1.71%).
Finally, relative to nationwide real total personal income growth trends, Clark County exceeded the nation during the 1970s (3.99% vs. 3.50%), trailed the nation throughout the 1980s (1.15% vs. 3.16%), lagged the nation throughout the 1990s (2.78% vs. 3.27%), trailed the nation in the 2000s (0.96% vs. 2.06%), surpassed the nation over the 2010s (3.21% vs. 2.72%), and trailed the nation over 2020-2022 (1.79% vs. 2.10%).
   
 
Real* Total Personal Income Growth:
Average Annual Percent Change
 
 
 
2.38
3.99
1.15
2.78
0.96
3.21
1.79
-3.83
 
2.46
3.44
2.07
3.32
1.65
2.04
1.71
-4.16
 
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.

   
 
Clark County:
Total Personal Income, 1969-2022
 
1969
 
85,776
0.189
454,250
100.0
N
0.52
1970
 
92,628
0.198
468,623
103.2
3.16
0.52
1971
 
103,038
0.206
500,063
110.1
6.71
0.54
1972
 
111,264
0.213
522,170
115.0
4.42
0.54
1973
 
125,986
0.225
561,060
123.5
7.45
0.54
1974
 
133,935
0.248
540,213
118.9
-3.72
0.53
1975
 
143,129
0.269
532,870
117.3
-1.36
0.51
1976
 
162,338
0.283
572,964
126.1
7.52
0.53
1977
 
183,407
0.302
607,791
133.8
6.08
0.54
1978
 
200,123
0.323
620,037
136.5
2.01
0.52
1979
 
234,431
0.351
667,077
146.9
7.59
0.55
1980
 
255,673
0.389
656,784
144.6
-1.54
0.54
1981
 
270,061
0.424
636,711
140.2
-3.06
0.52
1982
 
290,444
0.448
648,732
142.8
1.89
0.53
1983
 
304,132
0.467
651,581
143.4
0.44
0.53
1984
 
333,958
0.484
689,440
151.8
5.81
0.53
1985
 
347,491
0.501
693,207
152.6
0.55
0.52
1986
 
366,435
0.512
715,428
157.5
3.21
0.52
1987
 
377,663
0.528
715,244
157.5
-0.03
0.51
1988
 
387,072
0.549
705,499
155.3
-1.36
0.49
1989
 
426,582
0.573
744,978
164.0
5.60
0.50
1990
 
431,422
0.598
721,743
158.9
-3.12
0.48
1991
 
435,615
0.618
705,175
155.2
-2.30
0.46
1992
 
479,199
0.634
755,596
166.3
7.15
0.47
1993
 
490,749
0.650
754,998
166.2
-0.08
0.46
1994
 
521,671
0.664
786,170
173.1
4.13
0.46
1995
 
540,565
0.678
797,835
175.6
1.48
0.45
1996
 
585,527
0.692
846,101
186.3
6.05
0.46
1997
 
610,098
0.704
866,530
190.8
2.41
0.46
1998
 
678,126
0.710
955,551
210.4
10.27
0.47
1999
 
700,583
0.720
973,018
214.2
1.83
0.47
2000
 
724,846
0.738
981,883
216.2
0.91
0.46
2001
 
759,358
0.753
1,008,417
222.0
2.70
0.46
2002
 
776,380
0.763
1,017,656
224.0
0.92
0.45
2003
 
819,071
0.779
1,051,520
231.5
3.33
0.47
2004
 
846,284
0.798
1,060,148
233.4
0.82
0.46
2005
 
852,593
0.821
1,038,140
228.5
-2.08
0.45
2006
 
854,924
0.844
1,012,463
222.9
-2.47
0.43
2007
 
917,330
0.866
1,059,187
233.2
4.61
0.44
2008
 
959,728
0.892
1,076,290
236.9
1.61
0.44
2009
 
949,385
0.889
1,067,672
235.0
-0.80
0.44
2010
 
1,012,941
0.905
1,119,099
246.4
4.82
0.46
2011
 
1,097,834
0.928
1,182,960
260.4
5.71
0.47
2012
 
1,157,978
0.945
1,224,933
269.7
3.55
0.47
2013
 
1,174,392
0.958
1,226,122
269.9
0.10
0.48
2014
 
1,274,336
0.971
1,312,112
288.9
7.01
0.50
2015
 
1,275,941
0.973
1,311,361
288.7
-0.06
0.48
2016
 
1,279,191
0.983
1,301,525
286.5
-0.75
0.47
2017
 
1,360,598
1.000
1,360,598
299.5
4.54
0.48
2018
 
1,449,033
1.020
1,419,966
312.6
4.36
0.49
2019
 
1,511,918
1.035
1,460,607
321.5
2.86
0.49
2020
 
1,648,638
1.046
1,575,609
346.9
7.87
0.50
2021
 
1,740,456
1.090
1,596,734
351.5
1.34
0.49
2022
 
1,781,899
1.160
1,535,551
338.0
-3.83
0.49
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_300_PSN
 
   

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

   
 
Wisconsin:
Total Personal Income, 1969-2022
 
1969
 
16,424,603
0.189
86,980,898
100.0
N
2.08
1970
 
17,648,753
0.198
89,288,440
102.7
2.65
2.06
1971
 
18,959,244
0.206
92,012,832
105.8
3.05
2.05
1972
 
20,731,568
0.213
97,294,763
111.9
5.74
2.04
1973
 
23,157,827
0.225
103,129,935
118.6
6.00
2.04
1974
 
25,436,474
0.248
102,595,386
118.0
-0.52
2.04
1975
 
27,871,968
0.269
103,767,565
119.3
1.14
2.05
1976
 
30,609,129
0.283
108,033,491
124.2
4.11
2.05
1977
 
34,210,389
0.302
113,369,529
130.3
4.94
2.07
1978
 
38,209,862
0.323
118,384,750
136.1
4.42
2.06
1979
 
42,797,838
0.351
121,781,971
140.0
2.87
2.06
1980
 
47,299,027
0.389
121,503,871
139.7
-0.23
2.04
1981
 
51,586,511
0.424
121,623,272
139.8
0.10
1.99
1982
 
54,425,987
0.448
121,565,270
139.8
-0.05
1.96
1983
 
57,213,708
0.467
122,576,288
140.9
0.83
1.93
1984
 
62,839,302
0.484
129,728,735
149.1
5.84
1.92
1985
 
66,243,939
0.501
132,149,575
151.9
1.87
1.89
1986
 
69,881,373
0.512
136,436,426
156.9
3.24
1.88
1987
 
73,507,230
0.528
139,212,965
160.1
2.04
1.87
1988
 
78,389,485
0.549
142,877,035
164.3
2.63
1.84
1989
 
85,446,559
0.573
149,222,960
171.6
4.44
1.86
1990
 
90,418,024
0.598
151,263,946
173.9
1.37
1.85
1991
 
94,089,052
0.618
152,311,736
175.1
0.69
1.85
1992
 
101,342,383
0.634
159,795,621
183.7
4.91
1.87
1993
 
106,615,006
0.650
164,023,086
188.6
2.65
1.89
1994
 
113,266,452
0.664
170,695,117
196.2
4.07
1.91
1995
 
119,152,526
0.678
175,860,504
202.2
3.03
1.90
1996
 
125,937,358
0.692
181,982,512
209.2
3.48
1.89
1997
 
133,808,682
0.704
190,050,254
218.5
4.43
1.89
1998
 
143,130,045
0.710
201,685,354
231.9
6.12
1.89
1999
 
148,737,033
0.720
206,576,343
237.5
2.43
1.86
2000
 
158,494,204
0.738
214,697,792
246.8
3.93
1.84
2001
 
166,593,201
0.753
221,233,435
254.3
3.04
1.85
2002
 
171,010,014
0.763
224,154,899
257.7
1.32
1.87
2003
 
175,794,284
0.779
225,683,986
259.5
0.68
1.86
2004
 
183,721,399
0.798
230,149,447
264.6
1.98
1.84
2005
 
189,779,153
0.821
231,080,099
265.7
0.40
1.80
2006
 
201,058,382
0.844
238,107,984
273.7
3.04
1.78
2007
 
210,529,869
0.866
243,086,435
279.5
2.09
1.77
2008
 
219,194,538
0.892
245,816,461
282.6
1.12
1.76
2009
 
216,211,889
0.889
243,150,537
279.5
-1.08
1.79
2010
 
222,260,933
0.905
245,554,205
282.3
0.99
1.77
2011
 
234,631,562
0.928
252,824,837
290.7
2.96
1.76
2012
 
244,508,303
0.945
258,645,887
297.4
2.30
1.76
2013
 
245,762,269
0.958
256,587,704
295.0
-0.80
1.75
2014
 
255,165,329
0.971
262,729,306
302.1
2.39
1.73
2015
 
266,132,029
0.973
273,519,799
314.5
4.11
1.72
2016
 
270,846,626
0.983
275,575,502
316.8
0.75
1.71
2017
 
281,979,549
1.000
281,979,549
324.2
2.32
1.69
2018
 
295,996,804
1.020
290,059,290
333.5
2.87
1.69
2019
 
307,907,603
1.035
297,457,907
342.0
2.55
1.68
2020
 
326,836,532
1.046
312,358,706
359.1
5.01
1.67
2021
 
355,048,009
1.090
325,729,130
374.5
4.28
1.66
2022
 
362,245,267
1.160
312,164,686
358.9
-4.16
1.66
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_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 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_300_PN
 
   
Copyright © 2023. Pacific Northwest Regional Economic Analysis Project (PNREAP). All Rights Reserved.

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