Wyoming Personal Income Ranks 6th In Nation
CHEYENNE, Wyo. (AP) — Personal income in Wyoming was over $47,000 per capita in 2011, placing the state sixth highest in a national ranking.
Jim Robinson, economist with Wyoming's Economic Analysis Division, says the figures are based on estimates released Wednesday by the U.S. Bureau of Economic Analysis. Per capita income nationwide last year was over $41,600.
Wyoming per capita income rose more than 5 percent from 2010. Most of the growth was attributable to mining and farm industries.
The analysis includes all income received by all persons from all sources. That includes wages, interest and dividends, rents, and government transfer payments.
Robinson says Wyoming has seen three consecutive quarters of income growth where it was able to match or exceed income growth in both the Rocky Mountain region and the whole country.