Personal income, which jumped 6.1% in Erie County in 2018, fell back to earth in 2019.
According to figures released this week by the U.S. Bureau of Economic Analysis, personal income per capita in Erie County – an average of all income, including wages, interest and dividends for each man, woman and child – rose 3% to $46,379 in 2019.
At first glance, the growth seems like good news.
But at 3%, the growth rate ranked a disappointing 56th among Pennsylvania’s 67 counties. It was also well below the 4% average growth of metropolitan areas across the country.
Revenue growth remained the norm across the country in 2019. The Bureau of Economic Analysis reported that revenues rose in 2,964 U.S. counties, fell in 139 counties and were unchanged in just 10.
Nationally, the greatest improvement was in Doniphan County, Kansas, where income rose 12.1%. The biggest drop was in Stark County, Illinois, where personal income fell an average of 5.8%.
Although Erie County’s revenues grew at one of the lowest rates in Pennsylvania, individuals per capita ranked in the middle of the pack, 33rd out of 67 counties.
The situation in Crawford County was a little different. With an average per capita income of $42,257, Crawford County ranked 60th among counties in Pennsylvania.
But in a positive sign, Crawford County’s revenue rose 3.8%, better than the national non-metro area average of 3.5%. In fact, revenue growth in Crawford County ranked 18th in Pennsylvania.
The latest revenue numbers were unrelated to the COVID-19 pandemic. The revenue figures were recorded months before the pandemic hit the United States in March.