Upshur County vs. West Virginia
Comparative Trends Analysis:
Per Capita Personal Income Growth and Change, 1969-2022
Introduction
Upshur County vs. West Virginia
Upshur County:
2022 PCI = $41,230
2022 Percent of State = 82.47%
West Virginia:
2022 PCI = $49,993
Per Capita Income (PCI) is one of the most widely used indicators for gauging the economic performance and changing fortunes of local economies. It is used as a yardstick to assess the economic well being of a region's residents and the quality of consumer markets. It serves as a barometer for calibrating the economic performance of a region over time and to judge differences in relative economic prosperity between regions. Shifting trends in local per capita income growth have important social and political ramifications and significant implications in formulating local economic development strategies and initiatives.
Data Definition:
This measure of income is calculated as the total personal income of the residents of an area divided by the population of the area. Per capita personal income is often used as an indicator of consumers' purchasing power and of the economic well-being of the residents of an area.
Personal income is measured as a flow throughout the year, while the measurement of population is at one point in mid-year. Therefore, per capita income is distorted if a significant change in population occurs during the year.
For smaller counties in particular, per capita income in any given year may be exceptionally high or low for the short run because of unusual local conditions, such as a bumper crop, a catastrophe, or a major construction project as the building of a dam or nuclear power plant.
Farm incomes are notorious for being especially volatile year-to-year, owing to changing weather, commodity market conditions, and alterations in government programs. Therefore, the per capita income of farm-dependent counties may exhibit sharp fluctuations over time.
The presence of large institutional populations--such as residents attending a local college or the residents of a local prison or state mental institution--can significantly lower the per capita income estimates of an area. Such results may not reflect the relative economic well being of the non-institutional population and may mislead if care is not given to their interpretation.
Upshur County Per Capita Personal Income, 1970-2022
Current vs. Constant Dollars
Upshur County Per Capita Personal Income, 1970-2022
Current vs. Constant Dollars
Figure 1.
Figure 1 depicts Upshur County's annual per capita 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 Upshur County over time.
When measured in current dollars, Upshur County's per capita personal income increased 1,576.97%, from $2,459 in 1970 to $41,230 in 2022. When measured in constant 2017 dollars to adjust for inflation, it advanced 185.64%, from $12,438 in 1970 to $35,530 in 2022.
Real Per Capita Personal Income, 1969-2022
Real Per Capita Personal Income, 1969-2022
Figure 2.
Figure 2 traces Upshur County's and West Virginia's annual real per capita personal income for the period 1969-2022 to illustrate real per capita personal income patterns over time. During this 54-year period, Upshur County's real per capita personal income rose from $11,339 in 1969 to $35,530 in 2022, for a net gain of $24,191, or 213.34%. In comparison, West Virginia's real per capita personal income advanced from $14,996 in 1969 to $43,081 in 2022, for a net gain of $28,085, or 187.28%.
Real Per Capita Personal Income Indices (1969=100): 1969-2022
Real Per Capita Personal Income Indices (1969=100): 1969-2022
Figure 3.
Figure 3 portrays Upshur County's real per capita personal income growth in a broader context by offering direct comparisons across time with West Virginia, the United States. The growth indices shown here express each region's real per capita personal income in 1969 as a base figure of 100, and the real per capita personal incomes in later years as a percentage of the 1969 base figure. This method allows for more direct comparison of differences in real per capita personal income growth between regions that may differ vastly in size.
Upshur County's overall real per capita personal income growth was 213.34% over 1969-2022 outpaced West Virginia's increase of 187.28%, and outpaced the United States' increase of 171.04%.
Per Capita Personal Income as a Percent of the U.S. Average: 1969-2022
Per Capita Personal Income as a Percent of the U.S. Average: 1969-2022
Figure 4.
Figure 4 depicts the trends for per capita personal income relative to the national average by tracing Upshur County and West Virginia per capita personal income as a percent of the national average over 1969-2022.
In 1969, Upshur County's per capita personal income amounted to 54.47% of the national average; in 2022, it approximated 62.98%. Similarly, in 1969, West Virginia's per capita personal income totaled 72.04% of the national average; in 2022, it consisted of 76.36%.
Upshur County Real Per Capita Personal Income:
Annual Percent Change, 1970-2022
Upshur County Real Per Capita Personal Income:
Annual Percent Change, 1970-2022
Figure 5.
Figure 5 shows the short-run pattern of Upshur County's real per capita 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, Upshur County's real per capita personal income grew at an annual rate of 2.23% over 1970-2022. The county posted its highest growth in 1970 (9.70%) and recorded its lowest growth in 2022 (-5.45%). In 2022, Upshur County's real per capita personal income declined by -5.45%
Upshur County Real Per Capita Personal Income:
Annual Percent Change and Decade Averages Over 1970-2022
Upshur County Real Per Capita 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 depicts the annual percent change in Upshur County's real per capita personal income since 1970, but this time they are overlayed with average growth rates for the decade of the 1970s, 1980s, 1990s, 2000s, 2010s, and 2020-2022.
During the 1970s, Upshur County's annual real per capita personal income growth rate averaged 4.06%. It averaged 1.83% throughout the 1980s, 1.53% in the 1990s, 2.88% throughout the 2000s, 1.28% in the 2010s, 0.72% thus far this decade (2020-2022).
Real Per Capita Personal Income Growth:
Average Annual Percent Change by Decade
Real Per Capita Personal Income Growth:
Average Annual Percent Change by Decade
Figure 7.
Figure 7 compares the decade average growth rates for Upshur County noted in the previous graph with the corresponding decade averages for West Virginia and the nation. As the chart reveals, Upshur County's average annual real per capita personal income growth topped West Virginia's average during the 1970s (4.06% vs. 3.38%), surpassed West Virginia's average during the 1980s (1.83% vs. 1.32%), amounted to less than West Virginia's average during the 1990s (1.53% vs. 2.09%), outpaced West Virginia's average in the 2000s (2.88% vs. 2.02%), fell below West Virginia's average during the 2010s (1.28% vs. 1.48%), and trailed West Virginia's average over the 3 year period of the current decade, 2020-2022 (0.72% vs. 1.60%).
Finally, relative to nationwide real per capita personal income growth trends, Upshur County topped the nation during the 1970s (4.06% vs. 2.37%), posted below the nation in the 1980s (1.83% vs. 2.19%), recorded underneath the nation throughout the 1990s (1.53% vs. 2.01%), outperformed the nation throughout the 2000s (2.88% vs. 1.10%), fell under the nation in the 2010s (1.28% vs. 1.97%), and fell under the nation over 2020-2022 (0.72% vs. 1.78%).
   
 
Real* Per Capita Personal Income Growth:
Average Annual Percent Change
 
 
 
2.23
4.06
1.83
1.53
2.88
1.28
0.72
-5.45
 
2.03
3.38
1.32
2.09
2.02
1.48
1.60
-4.30
 
1.92
2.37
2.19
2.01
1.10
1.97
1.78
-4.55
 
   

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

   
 
Upshur County:
Per Capita Personal Income, 1969-2022
 
1969
 
2,141
0.189
11,339
100.0
N
75.61
54.47
1970
 
2,459
0.198
12,438
109.7
9.70
77.91
58.57
1971
 
2,662
0.206
12,918
113.9
3.86
77.87
59.54
1972
 
2,806
0.213
13,167
116.1
1.93
75.24
57.77
1973
 
3,111
0.225
13,854
122.2
5.22
76.58
58.01
1974
 
3,360
0.248
13,553
119.5
-2.17
74.99
57.58
1975
 
3,761
0.269
14,002
123.5
3.31
75.35
59.47
1976
 
3,998
0.283
14,111
124.4
0.78
73.29
58.15
1977
 
4,667
0.302
15,464
136.4
9.59
77.62
62.09
1978
 
5,259
0.323
16,293
143.7
5.36
79.19
62.93
1979
 
5,901
0.351
16,792
148.1
3.06
80.45
63.92
1980
 
6,510
0.389
16,724
147.5
-0.40
81.24
63.93
1981
 
7,164
0.424
16,890
149.0
0.99
82.13
63.45
1982
 
7,706
0.448
17,212
151.8
1.91
83.19
64.27
1983
 
7,964
0.467
17,061
150.5
-0.88
83.48
62.70
1984
 
8,770
0.484
18,106
159.7
6.12
84.86
63.14
1985
 
9,360
0.501
18,673
164.7
3.13
85.99
63.48
1986
 
9,456
0.512
18,461
162.8
-1.14
83.75
61.07
1987
 
9,637
0.528
18,252
161.0
-1.13
82.44
59.39
1988
 
10,635
0.549
19,385
171.0
6.20
83.82
60.98
1989
 
11,484
0.573
20,056
176.9
3.46
84.41
61.55
1990
 
12,318
0.598
20,608
181.7
2.75
84.33
62.79
1991
 
12,532
0.618
20,287
178.9
-1.56
82.48
62.50
1992
 
12,936
0.634
20,397
179.9
0.54
79.51
61.37
1993
 
13,083
0.650
20,127
177.5
-1.32
78.02
60.25
1994
 
13,436
0.664
20,248
178.6
0.60
76.94
59.58
1995
 
13,665
0.678
20,169
177.9
-0.39
75.85
57.96
1996
 
14,249
0.692
20,591
181.6
2.09
76.05
57.63
1997
 
15,184
0.704
21,565
190.2
4.73
77.53
58.57
1998
 
16,154
0.710
22,763
200.8
5.55
78.99
58.76
1999
 
16,759
0.720
23,276
205.3
2.25
79.74
58.61
2000
 
18,088
0.738
24,502
216.1
5.27
81.20
59.21
2001
 
19,411
0.753
25,778
227.3
5.21
81.80
61.53
2002
 
19,984
0.763
26,195
231.0
1.62
81.55
62.84
2003
 
19,918
0.779
25,571
225.5
-2.38
80.30
60.99
2004
 
21,121
0.798
26,458
233.3
3.47
82.41
61.79
2005
 
22,531
0.821
27,435
242.0
3.69
83.96
63.17
2006
 
24,341
0.844
28,826
254.2
5.07
85.32
64.32
2007
 
25,365
0.866
29,288
258.3
1.60
85.86
64.07
2008
 
27,212
0.892
30,517
269.1
4.20
86.40
66.61
2009
 
27,429
0.889
30,847
272.0
1.08
86.66
69.78
2010
 
29,059
0.905
32,104
283.1
4.08
89.02
71.65
2011
 
30,734
0.928
33,118
292.1
3.16
89.11
72.06
2012
 
31,399
0.945
33,215
292.9
0.29
89.12
70.98
2013
 
30,774
0.958
32,129
283.4
-3.27
87.70
69.31
2014
 
31,666
0.971
32,604
287.5
1.48
87.37
68.41
2015
 
31,615
0.973
32,493
286.6
-0.34
85.29
65.78
2016
 
30,509
0.983
31,041
273.8
-4.47
82.29
62.30
2017
 
31,899
1.000
31,899
281.3
2.76
82.13
62.54
2018
 
33,694
1.020
33,019
291.2
3.51
82.18
63.21
2019
 
36,108
1.035
34,882
307.6
5.64
84.71
65.00
2020
 
38,304
1.046
36,607
322.8
4.95
84.99
64.75
2021
 
40,959
1.090
37,577
331.4
2.65
83.47
63.57
2022
 
41,230
1.160
35,530
313.3
-5.45
82.47
62.98
Source: Calculations by the West Virginia Regional Economic Analysis Project (WV-REAP)
with data provided by the U.S. Department of Commerce, Bureau of Economic Analysis
November 2023
REAP_PI_CA1400_700_PSN
 
   

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

   
 
West Virginia:
Per Capita Personal Income, 1969-2022
 
1969
 
2,832
0.189
14,996
100.0
N
72.04
1970
 
3,156
0.198
15,965
106.5
6.46
75.17
1971
 
3,418
0.206
16,590
110.6
3.92
76.46
1972
 
3,729
0.213
17,501
116.7
5.49
76.78
1973
 
4,062
0.225
18,090
120.6
3.37
75.74
1974
 
4,481
0.248
18,074
120.5
-0.09
76.79
1975
 
4,991
0.269
18,581
123.9
2.81
78.92
1976
 
5,455
0.283
19,253
128.4
3.61
79.34
1977
 
6,012
0.302
19,924
132.9
3.49
80.00
1978
 
6,641
0.323
20,575
137.2
3.27
79.47
1979
 
7,335
0.351
20,871
139.2
1.44
79.45
1980
 
8,014
0.389
20,586
137.3
-1.37
78.69
1981
 
8,723
0.424
20,565
137.1
-0.10
77.25
1982
 
9,263
0.448
20,691
138.0
0.61
77.26
1983
 
9,539
0.467
20,437
136.3
-1.23
75.11
1984
 
10,335
0.484
21,335
142.3
4.40
74.41
1985
 
10,885
0.501
21,715
144.8
1.78
73.82
1986
 
11,291
0.512
22,044
147.0
1.51
72.93
1987
 
11,690
0.528
22,139
147.6
0.43
72.04
1988
 
12,688
0.549
23,126
154.2
4.46
72.75
1989
 
13,606
0.573
23,761
158.4
2.75
72.92
1990
 
14,607
0.598
24,437
163.0
2.85
74.46
1991
 
15,195
0.618
24,598
164.0
0.66
75.78
1992
 
16,269
0.634
25,652
171.1
4.29
77.19
1993
 
16,767
0.650
25,796
172.0
0.56
77.22
1994
 
17,463
0.664
26,318
175.5
2.02
77.44
1995
 
18,016
0.678
26,590
177.3
1.04
76.41
1996
 
18,736
0.692
27,074
180.5
1.82
75.78
1997
 
19,585
0.704
27,817
185.5
2.75
75.55
1998
 
20,451
0.710
28,817
192.2
3.60
74.39
1999
 
21,017
0.720
29,190
194.7
1.29
73.51
2000
 
22,275
0.738
30,174
201.2
3.37
72.91
2001
 
23,731
0.753
31,514
210.1
4.44
75.22
2002
 
24,506
0.763
32,122
214.2
1.93
77.06
2003
 
24,804
0.779
31,844
212.3
-0.86
75.95
2004
 
25,628
0.798
32,104
214.1
0.82
74.97
2005
 
26,836
0.821
32,676
217.9
1.78
75.24
2006
 
28,528
0.844
33,785
225.3
3.39
75.39
2007
 
29,544
0.866
34,112
227.5
0.97
74.63
2008
 
31,494
0.892
35,319
235.5
3.54
77.09
2009
 
31,653
0.889
35,597
237.4
0.79
80.53
2010
 
32,642
0.905
36,063
240.5
1.31
80.48
2011
 
34,490
0.928
37,164
247.8
3.05
80.87
2012
 
35,233
0.945
37,270
248.5
0.28
79.64
2013
 
35,092
0.958
36,637
244.3
-1.70
79.03
2014
 
36,242
0.971
37,316
248.8
1.85
78.30
2015
 
37,067
0.973
38,096
254.0
2.09
77.13
2016
 
37,074
0.983
37,721
251.5
-0.98
75.71
2017
 
38,840
1.000
38,840
259.0
2.97
76.15
2018
 
41,000
1.020
40,178
267.9
3.44
76.91
2019
 
42,627
1.035
41,180
274.6
2.49
76.74
2020
 
45,071
1.046
43,074
287.2
4.60
76.19
2021
 
49,071
1.090
45,019
300.2
4.51
76.16
2022
 
49,993
1.160
43,081
287.3
-4.30
76.36
Source: Calculations by the West Virginia Regional Economic Analysis Project (WV-REAP)
with data provided by the U.S. Department of Commerce, Bureau of Economic Analysis
November 2023
REAP_PI_CA1400_700_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:
Per Capita Personal Income, 1969-2022
 
1969
 
3,931
0.189
20,816
100.0
N
1970
 
4,198
0.198
21,238
102.0
2.03
1971
 
4,471
0.206
21,697
104.2
2.16
1972
 
4,857
0.213
22,793
109.5
5.05
1973
 
5,363
0.225
23,883
114.7
4.78
1974
 
5,836
0.248
23,537
113.1
-1.45
1975
 
6,324
0.269
23,544
113.1
0.03
1976
 
6,875
0.283
24,265
116.6
3.07
1977
 
7,516
0.302
24,906
119.6
2.64
1978
 
8,356
0.323
25,889
124.4
3.95
1979
 
9,232
0.351
26,271
126.2
1.47
1980
 
10,184
0.389
26,160
125.7
-0.42
1981
 
11,291
0.424
26,621
127.9
1.76
1982
 
11,990
0.448
26,781
128.7
0.60
1983
 
12,701
0.467
27,210
130.7
1.61
1984
 
13,889
0.484
28,674
137.7
5.38
1985
 
14,746
0.501
29,417
141.3
2.59
1986
 
15,482
0.512
30,227
145.2
2.75
1987
 
16,228
0.528
30,733
147.6
1.67
1988
 
17,442
0.549
31,790
152.7
3.44
1989
 
18,658
0.573
32,584
156.5
2.50
1990
 
19,619
0.598
32,821
157.7
0.73
1991
 
20,050
0.618
32,457
155.9
-1.11
1992
 
21,077
0.634
33,234
159.7
2.39
1993
 
21,713
0.650
33,405
160.5
0.51
1994
 
22,552
0.664
33,986
163.3
1.74
1995
 
23,577
0.678
34,798
167.2
2.39
1996
 
24,725
0.692
35,729
171.6
2.67
1997
 
25,925
0.704
36,822
176.9
3.06
1998
 
27,493
0.710
38,740
186.1
5.21
1999
 
28,592
0.720
39,711
190.8
2.51
2000
 
30,551
0.738
41,384
198.8
4.21
2001
 
31,548
0.753
41,895
201.3
1.23
2002
 
31,801
0.763
41,684
200.2
-0.50
2003
 
32,659
0.779
41,928
201.4
0.59
2004
 
34,183
0.798
42,821
205.7
2.13
2005
 
35,669
0.821
43,432
208.6
1.43
2006
 
37,843
0.844
44,816
215.3
3.19
2007
 
39,588
0.866
45,710
219.6
1.99
2008
 
40,854
0.892
45,816
220.1
0.23
2009
 
39,307
0.889
44,204
212.4
-3.52
2010
 
40,557
0.905
44,808
215.3
1.36
2011
 
42,649
0.928
45,956
220.8
2.56
2012
 
44,237
0.945
46,795
224.8
1.83
2013
 
44,401
0.958
46,357
222.7
-0.94
2014
 
46,287
0.971
47,659
229.0
2.81
2015
 
48,060
0.973
49,394
237.3
3.64
2016
 
48,971
0.983
49,826
239.4
0.88
2017
 
51,004
1.000
51,004
245.0
2.36
2018
 
53,309
1.020
52,240
251.0
2.42
2019
 
55,547
1.035
53,662
257.8
2.72
2020
 
59,153
1.046
56,533
271.6
5.35
2021
 
64,430
1.090
59,110
284.0
4.56
2022
 
65,470
1.160
56,419
271.0
-4.55
Source: Calculations by the West Virginia Regional Economic Analysis Project (WV-REAP)
with data provided by the U.S. Department of Commerce, Bureau of Economic Analysis
November 2023
REAP_PI_CA1400_700_PN
 
   
Copyright © 2023. Pacific Northwest Regional Economic Analysis Project (PNREAP). All Rights Reserved.

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