BEARFACTS 1996 – 2006
← Miami-Fort Lauderdale-Pompano Beach, FL (33100)
PER CAPITA PERSONAL INCOME
In 2006 Miami-Fort Lauderdale-Pompano Beach had a per capita personal income (PCPI) of $40,737. This PCPI ranked 36th in the United States and was 111 percent of the national average, $36,714. The 2006 PCPI reflected an increase of 6.2 percent from 2005. The 2005-2006 national change was 5.6 percent. In 1996 the PCPI of Miami-Fort Lauderdale-Pompano Beach was $26,319 and ranked 39th in the United States. The 1996-2006 average annual growth rate of PCPI was 4.5 percent. The average annual growth rate for the nation was 4.3 percent.
TOTAL PERSONAL INCOME
In 2006 Miami-Fort Lauderdale-Pompano Beach had a total personal income (TPI) of $220,610,052*. This TPI ranked 10th in the United States. In 1996 the TPI of Miami-Fort Lauderdale-Pompano Beach was $122,448,806* and ranked 8th in the United States. The 2006 TPI reflected an increase of 6.8 percent from 2005. The 2005-2006 national change was 6.7 percent. The 1996-2006 average annual growth rate of TPI was 6.1 percent. The average annual growth rate for the nation was 5.4 percent.
COMPONENTS OF TOTAL PERSONAL INCOME
Total personal income includes net earnings by place of residence; dividends, interest, and rent; and personal current transfer receipts received by the residents of Miami-Fort Lauderdale-Pompano Beach. In 2006 net earnings accounted for 58.6 percent of TPI (compared with 56.2 in 1996); dividends, interest, and rent were 27.0 percent (compared with 28.6 in 1996); and personal current transfer receipts were 14.4 percent (compared with 15.2 in 1996). From 2005 to 2006 net earnings increased 6.2 percent; dividends, interest, and rent increased 10.4 percent; and personal current transfer receipts increased 3.0 percent. From 1996 to 2006 net earnings increased on average 6.5 percent each year; dividends, interest, and rent increased on average 5.5 percent; and personal current transfer receipts increased on average 5.5 percent.
EARNINGS BY PLACE OF WORK
Earnings of persons employed in Miami-Fort Lauderdale-Pompano Beach increased from $137,380,567* in 2005 to $145,998,017* in 2006, an increase of 6.3 percent. The 2005-2006 national change was 5.7 percent. The average annual growth rate from the 1996 estimate of $77,747,268* to the 2006 estimate was 6.5 percent. The average annual growth rate for the nation was 5.5 percent.
*Note: All income estimates with the exception of PCPI are in thousands of dollars, not adjusted for inflation.
