Fairfield County vs. Ohio
Comparative Trends Analysis:
Per Capita Personal Income Growth and Change, 1969-2022
Introduction
Fairfield County vs. Ohio
Fairfield County:
2022 PCI = $55,015
2022 Percent of State = 95.22%
Ohio:
2022 PCI = $57,777
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.
Fairfield County Per Capita Personal Income, 1970-2022
Current vs. Constant Dollars
Fairfield County Per Capita Personal Income, 1970-2022
Current vs. Constant Dollars
Figure 1.
Figure 1 depicts Fairfield 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 Fairfield County over time.
When measured in current dollars, Fairfield County's per capita personal income increased 1,374.76%, from $3,730 in 1970 to $55,015 in 2022. When measured in constant 2017 dollars to adjust for inflation, it advanced 151.20%, from $18,873 in 1970 to $47,410 in 2022.
Real Per Capita Personal Income, 1969-2022
Real Per Capita Personal Income, 1969-2022
Figure 2.
Figure 2 tracks Fairfield County's and Ohio'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, Fairfield County's real per capita personal income rose from $18,615 in 1969 to $47,410 in 2022, for a net gain of $28,795, or 154.69%. In comparison, Ohio's real per capita personal income increased from $20,957 in 1969 to $49,790 in 2022, for a net advance of $28,833, or 137.58%.
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 Fairfield County's real per capita personal income growth in a broader context by offering direct comparisons across time with Ohio, 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.
Fairfield County's overall real per capita personal income growth was 154.69% over 1969-2022 outpaced Ohio's increase of 137.58%, and fell below 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 portrays the trends for per capita personal income relative to the national average by tracing Fairfield County and Ohio per capita personal income as a percent of the national average over 1969-2022.
In 1969, Fairfield County's per capita personal income amounted to 89.43% of the national average; in 2022, it approximated 84.03%. Similarly, in 1969, Ohio's per capita personal income totaled 100.68% of the national average; in 2022, it consisted of 88.25%.
Fairfield County Real Per Capita Personal Income:
Annual Percent Change, 1970-2022
Fairfield County Real Per Capita Personal Income:
Annual Percent Change, 1970-2022
Figure 5.
Figure 5 highlights the short-run pattern of Fairfield 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 traced 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, Fairfield County's real per capita personal income grew at an annual rate of 1.81% over 1970-2022. The county posted its highest growth in 2020 (6.58%) and posted its lowest growth in 2022 (-5.45%). In 2022, Fairfield County's real per capita personal income declined by -5.45%
Fairfield County Real Per Capita Personal Income:
Annual Percent Change and Decade Averages Over 1970-2022
Fairfield 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 traces the annual percent change in Fairfield County's real per capita personal income since 1970, but this time they are displayed with average growth rates for the decade of the 1970s, 1980s, 1990s, 2000s, 2010s, and 2020-2022.
During the 1970s, Fairfield County's annual real per capita personal income growth rate averaged 2.74%. It averaged 1.99% in the 1980s, 2.36% during the 1990s, 0.50% in the 2000s, 1.69% throughout the 2010s, 0.98% 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 Fairfield County noted in the previous graph with the corresponding decade averages for Ohio and the nation. As the chart reveals, Fairfield County's average annual real per capita personal income growth led Ohio's average throughout the 1970s (2.74% vs. 2.15%), led Ohio's average throughout the 1980s (1.99% vs. 1.81%), registered above Ohio's average during the 1990s (2.36% vs. 2.02%), recorded under Ohio's average during the 2000s (0.50% vs. 0.62%), posted below Ohio's average in the 2010s (1.69% vs. 1.78%), and amounted to less than Ohio's average over the 3 year period of the current decade, 2020-2022 (0.98% vs. 1.53%).
Finally, relative to nationwide real per capita personal income growth trends, Fairfield County outpaced the nation in the 1970s (2.74% vs. 2.37%), fell under the nation in the 1980s (1.99% vs. 2.19%), led the nation over the 1990s (2.36% vs. 2.01%), fell under the nation throughout the 2000s (0.50% vs. 1.10%), lagged the nation in the 2010s (1.69% vs. 1.97%), and fell under the nation over 2020-2022 (0.98% vs. 1.78%).
   
 
Real* Per Capita Personal Income Growth:
Average Annual Percent Change
 
 
 
1.81
2.74
1.99
2.36
0.50
1.69
0.98
-5.45
 
1.67
2.15
1.81
2.02
0.62
1.78
1.53
-4.83
 
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.

   
 
Fairfield County:
Per Capita Personal Income, 1969-2022
 
1969
 
3,515
0.189
18,615
100.0
N
88.82
89.43
1970
 
3,730
0.198
18,873
101.4
1.39
90.16
88.87
1971
 
4,086
0.206
19,828
106.5
5.06
93.35
91.39
1972
 
4,457
0.213
20,916
112.4
5.49
93.98
91.77
1973
 
4,865
0.225
21,664
116.4
3.57
92.62
90.71
1974
 
5,310
0.248
21,416
115.1
-1.14
92.31
90.99
1975
 
5,695
0.269
21,204
113.9
-0.99
92.71
90.06
1976
 
6,346
0.283
22,399
120.3
5.64
94.00
92.31
1977
 
7,100
0.302
23,528
126.4
5.04
95.12
94.47
1978
 
7,766
0.323
24,061
129.3
2.26
94.35
92.94
1979
 
8,547
0.351
24,320
130.6
1.08
94.04
92.57
1980
 
9,340
0.389
23,993
128.9
-1.35
94.08
91.71
1981
 
10,183
0.424
24,007
129.0
0.06
94.23
90.18
1982
 
10,897
0.448
24,340
130.8
1.39
96.08
90.89
1983
 
11,768
0.467
25,212
135.4
3.58
97.83
92.65
1984
 
12,957
0.484
26,750
143.7
6.10
97.64
93.29
1985
 
13,782
0.501
27,494
147.7
2.78
97.76
93.46
1986
 
14,318
0.512
27,954
150.2
1.67
96.98
92.48
1987
 
14,819
0.528
28,064
150.8
0.39
96.35
91.32
1988
 
15,634
0.549
28,496
153.1
1.54
94.77
89.64
1989
 
16,928
0.573
29,563
158.8
3.74
95.71
90.73
1990
 
17,969
0.598
30,061
161.5
1.69
96.18
91.59
1991
 
18,473
0.618
29,905
160.7
-0.52
97.28
92.14
1992
 
19,778
0.634
31,186
167.5
4.28
98.67
93.84
1993
 
20,451
0.650
31,463
169.0
0.89
98.63
94.19
1994
 
21,870
0.664
32,959
177.1
4.75
100.34
96.98
1995
 
22,568
0.678
33,308
178.9
1.06
99.23
95.72
1996
 
23,454
0.692
33,892
182.1
1.75
98.88
94.86
1997
 
24,692
0.704
35,070
188.4
3.48
98.67
95.24
1998
 
26,295
0.710
37,052
199.0
5.65
99.65
95.64
1999
 
26,827
0.720
37,259
200.2
0.56
98.92
93.83
2000
 
28,397
0.738
38,467
206.6
3.24
99.65
92.95
2001
 
30,069
0.753
39,932
214.5
3.81
102.76
95.31
2002
 
30,620
0.763
40,136
215.6
0.51
103.21
96.29
2003
 
31,481
0.779
40,415
217.1
0.69
103.31
96.39
2004
 
31,194
0.798
39,076
209.9
-3.31
98.75
91.25
2005
 
31,978
0.821
38,937
209.2
-0.36
98.64
89.65
2006
 
32,970
0.844
39,045
209.8
0.28
97.04
87.12
2007
 
33,809
0.866
39,038
209.7
-0.02
95.58
85.40
2008
 
35,103
0.892
39,367
211.5
0.84
95.77
85.92
2009
 
34,769
0.889
39,102
210.1
-0.67
97.69
88.46
2010
 
35,512
0.905
39,234
210.8
0.34
97.08
87.56
2011
 
37,249
0.928
40,137
215.6
2.30
95.69
87.34
2012
 
38,897
0.945
41,146
221.0
2.51
96.57
87.93
2013
 
39,131
0.958
40,855
219.5
-0.71
96.02
88.13
2014
 
40,282
0.971
41,476
222.8
1.52
95.28
87.03
2015
 
41,740
0.973
42,898
230.5
3.43
95.29
86.85
2016
 
43,027
0.983
43,778
235.2
2.05
96.53
87.86
2017
 
44,597
1.000
44,597
239.6
1.87
96.71
87.44
2018
 
46,027
1.020
45,104
242.3
1.14
96.25
86.34
2019
 
47,840
1.035
46,216
248.3
2.47
96.83
86.12
2020
 
51,542
1.046
49,259
264.6
6.58
97.47
87.13
2021
 
54,653
1.090
50,140
269.4
1.79
95.84
84.83
2022
 
55,015
1.160
47,410
254.7
-5.45
95.22
84.03
Source: Calculations by the Ohio Regional Economic Analysis Project (OH-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.

   
 
Ohio:
Per Capita Personal Income, 1969-2022
 
1969
 
3,957
0.189
20,957
100.0
N
100.68
1970
 
4,137
0.198
20,932
99.9
-0.12
98.56
1971
 
4,376
0.206
21,240
101.3
1.47
97.89
1972
 
4,743
0.213
22,257
106.2
4.79
97.65
1973
 
5,252
0.225
23,390
111.6
5.09
97.94
1974
 
5,752
0.248
23,201
110.7
-0.81
98.57
1975
 
6,143
0.269
22,870
109.1
-1.42
97.14
1976
 
6,752
0.283
23,829
113.7
4.19
98.20
1977
 
7,464
0.302
24,735
118.0
3.80
99.31
1978
 
8,231
0.323
25,501
121.7
3.10
98.50
1979
 
9,088
0.351
25,861
123.4
1.41
98.44
1980
 
9,928
0.389
25,502
121.7
-1.39
97.49
1981
 
10,807
0.424
25,478
121.6
-0.10
95.71
1982
 
11,342
0.448
25,334
120.9
-0.57
94.60
1983
 
12,029
0.467
25,772
123.0
1.73
94.71
1984
 
13,271
0.484
27,396
130.7
6.30
95.55
1985
 
14,098
0.501
28,125
134.2
2.66
95.61
1986
 
14,764
0.512
28,825
137.5
2.49
95.36
1987
 
15,379
0.528
29,127
139.0
1.05
94.77
1988
 
16,496
0.549
30,067
143.5
3.23
94.58
1989
 
17,687
0.573
30,889
147.4
2.73
94.80
1990
 
18,682
0.598
31,254
149.1
1.18
95.23
1991
 
18,991
0.618
30,742
146.7
-1.64
94.72
1992
 
20,044
0.634
31,605
150.8
2.81
95.10
1993
 
20,735
0.650
31,900
152.2
0.93
95.50
1994
 
21,796
0.664
32,847
156.7
2.97
96.65
1995
 
22,742
0.678
33,566
160.2
2.19
96.46
1996
 
23,719
0.692
34,275
163.5
2.11
95.93
1997
 
25,024
0.704
35,541
169.6
3.70
96.52
1998
 
26,388
0.710
37,184
177.4
4.62
95.98
1999
 
27,119
0.720
37,665
179.7
1.29
94.85
2000
 
28,496
0.738
38,601
184.2
2.48
93.27
2001
 
29,261
0.753
38,858
185.4
0.67
92.75
2002
 
29,669
0.763
38,889
185.6
0.08
93.30
2003
 
30,471
0.779
39,118
186.7
0.59
93.30
2004
 
31,588
0.798
39,570
188.8
1.16
92.41
2005
 
32,419
0.821
39,475
188.4
-0.24
90.89
2006
 
33,976
0.844
40,237
192.0
1.93
89.78
2007
 
35,371
0.866
40,841
194.9
1.50
89.35
2008
 
36,654
0.892
41,106
196.1
0.65
89.72
2009
 
35,593
0.889
40,028
191.0
-2.62
90.55
2010
 
36,580
0.905
40,414
192.8
0.96
90.19
2011
 
38,928
0.928
41,946
200.2
3.79
91.27
2012
 
40,280
0.945
42,609
203.3
1.58
91.05
2013
 
40,754
0.958
42,549
203.0
-0.14
91.79
2014
 
42,278
0.971
43,531
207.7
2.31
91.34
2015
 
43,801
0.973
45,017
214.8
3.41
91.14
2016
 
44,576
0.983
45,354
216.4
0.75
91.02
2017
 
46,116
1.000
46,116
220.0
1.68
90.42
2018
 
47,822
1.020
46,863
223.6
1.62
89.71
2019
 
49,404
1.035
47,727
227.7
1.84
88.94
2020
 
52,879
1.046
50,536
241.1
5.89
89.39
2021
 
57,026
1.090
52,317
249.6
3.52
88.51
2022
 
57,777
1.160
49,790
237.6
-4.83
88.25
Source: Calculations by the Ohio Regional Economic Analysis Project (OH-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 Ohio Regional Economic Analysis Project (OH-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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