BEARFACTS 1995 – 2005
← San Patricio, Texas → (48409)
PER CAPITA PERSONAL INCOME
In 2005 San Patricio had a per capita personal income (PCPI) of $25,365. This PCPI ranked 135th in the state and was 76 percent of the state average, $33,253, and 73 percent of the national average, $34,757. The 2005 PCPI reflected an increase of 7.2 percent from 2004. The 2004-2005 state change was 7.4 percent and the national change was 4.9 percent. In 1995 the PCPI of San Patricio was $15,214 and ranked 188th in the state. The 1995-2005 average annual growth rate of PCPI was 5.2 percent. The average annual growth rate for the state was 4.7 percent and for the nation was 4.2 percent.
TOTAL PERSONAL INCOME
In 2005 San Patricio had a total personal income (TPI) of $1,739,158*. This TPI ranked 49th in the state and accounted for 0.2 percent of the state total. In 1995 the TPI of San Patricio was $967,648* and ranked 49th in the state. The 2005 TPI reflected an increase of 8.6 percent from 2004. The 2004-2005 state change was 9.3 percent and the national change was 5.9 percent. The 1995-2005 average annual growth rate of TPI was 6.0 percent. The average annual growth rate for the state was 6.7 percent and for the nation was 5.3 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 San Patricio. In 2005 net earnings accounted for 66.9 percent of TPI (compared with 66.1 in 1995); dividends, interest, and rent were 12.3 percent (compared with 13.2 in 1995); and personal current transfer receipts were 20.8 percent (compared with 20.7 in 1995). From 2004 to 2005 net earnings increased 6.5 percent; dividends, interest, and rent increased 20.9 percent; and personal current transfer receipts increased 9.2 percent. From 1995 to 2005 net earnings increased on average 6.2 percent each year; dividends, interest, and rent increased on average 5.3 percent; and personal current transfer receipts increased on average 6.1 percent.
EARNINGS BY PLACE OF WORK
Earnings of persons employed in San Patricio increased from $935,781* in 2004 to $959,412* in 2005, an increase of 2.5 percent. The 2004-2005 state change was 7.6 percent and the national change was 5.4 percent. The average annual growth rate from the 1995 estimate of $545,439* to the 2005 estimate was 5.8 percent. The average annual growth rate for the state was 6.9 percent and 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.
