Rural Incomes Fall 2008 to 2009

[imgbelt img=0908Incomechange528.jpg]The average per capita income in rural counties in 2009 was 79% of the national average, up slightly from 2000.

0

[imgcontainer] [img:0908Incomechange528.jpg] [source]Daily Yonder/BEA

Counties that gained average personal income from 2008 to 2009 are in blue. Those that had falling incomes are in yellow. Only rural counties are shown.

The average income of Americans has dropped in exurban, urban and rural counties in the last few years. But the changes vary by region, especially in rural America.

The map above shows changes in average per capita income in rural counties from 2008 to 2009. This includes all income — wages, salaries, dividends, rents, interest, social security benefits and employer-provided health insurance. (All figures in this story are in 2009 dollars.)

The counties in blue had increases in average per capita incomes. Those in yellow had decreases in average incomes. (Click on the map to see a larger version.)

Counties with falling incomes are home to 57% of those living in rural America.

The average income in rural America was $31,404 per person in 2009, approximately $200 below the 2008 figure — a result of the recession that began in December 2007.

Urban county per capita income has been falling for the past two years, from $43,520 per person in 2007 to $42,038 in 2009. 

Exurban incomes were in between urban and rural averages, at $33,584. Incomes in these fast-growing counties on the edge of metro areas were also lower in 2009 than in 2007.

Incomes in rural counties were 79% of the national average in 2009. That is a better ratio than when the decade began, when rural per capita income was only 74% of the national average.

Exurban per capita income averaged 85% of the national average in 2009.

The chart below shows the average per capita income in rural, urban and exurban counties from 2000 to 2009. The figures are in constant 2009 dollars. The data comes from the Bureau of Economic Analysis.

ga('send', 'event', 'author','article-view','Bill Bishop', {nonInteraction: true});
X