Kern No. 1 Kern No. 1 in CA for 10-Year Total Personal Income Growth
January 23, 2013
Excerpted from On Numbers
Kern County ranks first among California counties in total personal income (TPI) growth between 2001 and 2011, according to an analysis released today by the business blog On Numbers.
In 2011, Kern's TPI rose 75% over 2001, the largest rate among the 32 California counties analyzed.
TPI is the amount of money earned by all people within a given area during a given year. It is a powerful barometer of economic growth, because it is directly affected by increases in population and per capita income.
The analysis involved all counties with more than $5 billion TPI in 2011, the latest year for which figures are available from the U.S. Bureau of Economic Analysis.
A listing of those 32 California counties is below: