The U.S. Bureau of Economic Analysis today released 2007 estimates for per capita income in U.S. counties. The lag on federal and state data sources can be frustrating, but given the limited resources dedicated to most statistical programs, we'll take what we can get.
Here are the new figures for the counties in CAPCOG's service area. The inflation-adjusted change from 2006 is noted in parenthesis.
Bastrop $26,011 (0.9%)
Blanco $37,135 (6.7%)
Burnet $33,413 (2.0%)
Caldwell $23,849 (0.6%)
Fayette $35,196 (3.6%)
Hays $28,729 (-0.7%)
Lee $30,524 (4.1%)
Llano $31,698 (3.0%)
Travis $40,430 (-2.0%)
Williamson $35,659 (2.9%)
Note that Blanco County now has the second-highest per capita income in the region, and Fayette County is trailing Williamson County by only a few hundred dollars. I'm not sure yet what to make of the significant gains in the rural counties. Thoughts?
Brian Kelsey
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Great idea of having this blog to keep us up to date on economic data and developments.
ReplyDeleteGreat way to keep us informed of timely economic data. Thanks for setting up datapoints.
ReplyDeleteIbelieve that we are seeing an exodus of people, moving away from the big cities to outlying areas. The 3 counties that you mentioned Surround the Suatin Travis county metroplex. The issue that has been noted in Fayette county is that they bring with the the expectations of the bigger city/are in which they left. We are not up to their level of expectation.
ReplyDeleteStephen Kelly
Commuters moving to the country.
ReplyDeleteSmall base problem. Starting with so few people in Blanco county, a single new development can shift the county per-capita income average.
ReplyDeleteAlso need more than a single year comparison to know whether there is a real trend or a blip.
Thanks for doing this!
Maybe the oil money has helped in Fayette County?
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