Personal income in Newton County increased in 2019

Posted on April 14, 2021 by Carl Cobb

According to the Neosho Daily News:

Before the pandemic caused widespread job losses last year, personal income per capita in Newton County increased in 2019 compared with the year prior, rising to $39,495, a 2.4% increase.

Personal income per capita is measured as the total personal income of an area divided by the population. In 2019, Newton County ranked 107th in Missouri in terms of personal income per capita growth. In 2018, income grew by 2%.

Nationwide, personal income per capita increased by 3.5% to $56,490 in 2019 compared with 2018. That increase was smaller than the previous year’s 4.8%. The majority of the 3,000-plus counties the U.S. Bureau of Economic Analysis (BEA) tracks continued to see personal income per capita rise in 2019, the latest data available.

The fastest growth could be found in two rural Kansas counties: Sheridan and Greeley.