Ottawa County vs. Ohio
Comparative Trends Analysis:
Total Personal Income Growth and Change, 1969-2022
Introduction
Ottawa County vs. Ohio
Ottawa County:
2022 TPI = $2,497,808K
2022 Percent of State = 0.37%
Ohio:
2022 TPI = $679,232,967K
2022 Percent of U.S. = 3.11%
The annual total personal incomes (TPI) estimates compiled by the Bureau of Economic Analysis, (BEA) are among the most comprehensive, consistent, comparable and timely measures of economic activity available statewide and at the national levels. Personal income estimates are also the best available local level indicator of general purchasing power, and are therefore central to tracking and comparing county patterns of economic growth and change.
The following graphs highlight trends in the pattern of growth and change in the total personal income of Ottawa County and Ohio with comparison to the nation. The data used are those compiled by the Regional Income and Product Divisions of the Bureau of Economic Analysis, U.S. Department of Commerce. The 2017 constant dollar (real) estimates of total personal income reported in the tables and portrayed graphically below are determined using the Implicit Price Deflator for Personal Consumption.
Data Definition:
Personal income is the income received by persons from participation in production, plus transfer receipts from government and business, plus government interest (which is treated like a transfer receipt). It is defined as the sum of wages and salaries, supplements to wages and salaries, proprietors' income with inventory valuation and capital consumption adjustments, rental income of persons with capital consumption adjustment, personal dividend income, personal interest income, and personal current transfer receipts, less contributions for government social insurance. Because the personal income of an area represents the income that is received by, or on behalf of, all the persons who live in that area, and because the estimates of some components of personal income (wages and salaries, supplements to wages and salaries, and contributions for government social insurance) are made on a place-of-work basis, state personal income includes an adjustment for residence. The residence adjustment represents the net flow of compensation (less contributions for government social insurance) of interstate commuters.
Ottawa County Total Personal Income, 1970-2022
Current vs. Constant Dollars (Millions)
Ottawa County Total Personal Income, 1970-2022
Current vs. Constant Dollars (Millions)
Figure 1.
Figure 1 depicts Ottawa County's annual total 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 Ottawa County over time.
When measured in current dollars, Ottawa County's total personal income increased 1,647.84%, from $143M in 1970 to $2,498M in 2022. When measured in constant 2017 dollars to adjust for inflation, it advanced 197.72%, from $723M in 1970 to $2,152M in 2022.
Real Total Personal Income, 1969-2022 (Millions)
Real Total Personal Income, 1969-2022 (Millions)
Figure 2.
Figure 2 tracks Ottawa County's and Ohio's annual real total personal income for the period 1969-2022 to illustrate real total personal income patterns over time. During this 54-year period, Ottawa County's real total personal income rose from $702M in 1969 to $2,152M in 2022, for a net gain of $1,451M, or 206.76%. In comparison, Ohio's real total personal income advanced from $221,369M in 1969 to $585,329M in 2022, for a net gain of $363,960M, or 164.41%.
Real Total Personal Income Indices (1969=100): 1969-2022
Real Total Personal Income Indices (1969=100): 1969-2022
Figure 3.
Figure 3 shows Ottawa County's real total 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 total personal income in 1969 as a base figure of 100, and the real total personal incomes in later years as a percentage of the 1969 base figure. This method allows for more direct comparison of differences in real total personal income growth between regions that may differ vastly in size.
Ottawa County's overall real total personal income growth was 206.76% over 1969-2022 outpaced Ohio's increase of 164.41%, and fell below the United States' increase of 348.76%.
Total Personal Income as a Percent of the Ohio Total: 1969-2022
Total Personal Income as a Percent of the Ohio Total: 1969-2022
Figure 4.
Another interesting and insightful way of highlighting the total personal income growth of Ottawa County is to compare its individual percentage contributions to Ohio's statewide total personal income over time, as shown in Figure 4. A rising share means a region's total personal income grew faster, or declined less, than Ohio's total personal income, while a declining share shows it grew more slowly.
In 1969, Ottawa County's total personal income comprised 0.32% of Ohio's total personal income, while in 2022 it comprised 0.37% thereby yielding a +0.05% share-shift.
   
 
Total Personal Income Share-Shift
2022 vs. 1969
 
Share-
Shift*
 
2022
vs.
1969
+0.05%
=
0.37%
-
0.32%
 
   
Ottawa County Real Total Personal Income:
Annual Percent Change, 1970-2022
Ottawa County Real Total Personal Income:
Annual Percent Change, 1970-2022
Figure 5.
Figure 5 displays the short-run pattern of Ottawa County's real total 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 illustrated 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, Ottawa County's real total personal income grew at an annual rate of 2.17% over 1970-2022. The county recorded its highest growth in 1971 (10.96%) and recorded its lowest growth in 2022 (-5.57%). In 2022, Ottawa County's real total personal income declined by -5.57%
Ottawa County Real Total Personal Income:
Annual Percent Change and Decade Averages Over 1970-2022
Ottawa County Real Total 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 shows the annual percent change in Ottawa County's real total 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, Ottawa County's annual real total personal income growth rate averaged 3.79%. It averaged 2.32% during the 1980s, 2.21% throughout the 1990s, 1.11% in the 2000s, 1.81% throughout the 2010s, 0.93% thus far this decade (2020-2022).
Real Total Personal Income Growth:
Average Annual Percent Change by Decade
Real Total Personal Income Growth:
Average Annual Percent Change by Decade
Figure 7.
Figure 7 compares the decade average growth rates for Ottawa County noted in the previous graph with the corresponding decade averages for Ohio and the nation. As the chart reveals, Ottawa County's average annual real total personal income growth led Ohio's average during the 1970s (3.79% vs. 2.37%), led Ohio's average throughout the 1980s (2.32% vs. 1.84%), trailed Ohio's average throughout the 1990s (2.21% vs. 2.48%), recorded above Ohio's average in the 2000s (1.11% vs. 0.79%), lagged Ohio's average during the 2010s (1.81% vs. 2.01%), and amounted to less than Ohio's average over the 3 year period of the current decade, 2020-2022 (0.93% vs. 1.43%).
Finally, relative to nationwide real total personal income growth trends, Ottawa County topped the nation throughout the 1970s (3.79% vs. 3.50%), lagged the nation throughout the 1980s (2.32% vs. 3.16%), fell below the nation during the 1990s (2.21% vs. 3.27%), recorded underneath the nation during the 2000s (1.11% vs. 2.06%), trailed the nation in the 2010s (1.81% vs. 2.72%), and fell below the nation over 2020-2022 (0.93% vs. 2.10%).
   
 
Real* Total Personal Income Growth:
Average Annual Percent Change
 
 
 
2.17
3.79
2.32
2.21
1.11
1.81
0.93
-5.57
 
1.87
2.37
1.84
2.48
0.79
2.01
1.43
-4.90
 
2.89
3.50
3.16
3.27
2.06
2.72
2.10
-4.19
 
   

Interactive TableTip: To augment your analysis click on the column headers in the following table to rank and/or sort the data.

   
 
Ottawa County:
Total Personal Income, 1969-2022
 
1969
 
132,500
0.189
701,689
100.0
N
0.32
1970
 
142,908
0.198
722,999
103.0
3.04
0.32
1971
 
165,300
0.206
802,232
114.3
10.96
0.35
1972
 
177,273
0.213
831,955
118.6
3.70
0.35
1973
 
202,193
0.225
900,436
128.3
8.23
0.36
1974
 
220,600
0.248
889,767
126.8
-1.18
0.36
1975
 
241,168
0.269
897,870
128.0
0.91
0.36
1976
 
267,844
0.283
945,343
134.7
5.29
0.37
1977
 
293,972
0.302
974,191
138.8
3.05
0.37
1978
 
319,351
0.323
989,438
141.0
1.57
0.36
1979
 
355,984
0.351
1,012,958
144.4
2.38
0.36
1980
 
403,945
0.389
1,037,672
147.9
2.44
0.38
1981
 
427,042
0.424
1,006,818
143.5
-2.97
0.37
1982
 
450,509
0.448
1,006,252
143.4
-0.06
0.37
1983
 
475,726
0.467
1,019,209
145.3
1.29
0.37
1984
 
535,550
0.484
1,105,617
157.6
8.48
0.38
1985
 
572,978
0.501
1,143,030
162.9
3.38
0.38
1986
 
620,701
0.512
1,211,857
172.7
6.02
0.39
1987
 
644,805
0.528
1,221,175
174.0
0.77
0.39
1988
 
686,548
0.549
1,251,341
178.3
2.47
0.39
1989
 
726,365
0.573
1,268,516
180.8
1.37
0.38
1990
 
763,835
0.598
1,277,850
182.1
0.74
0.38
1991
 
768,417
0.618
1,243,917
177.3
-2.66
0.37
1992
 
810,311
0.634
1,277,690
182.1
2.72
0.37
1993
 
844,787
0.650
1,299,672
185.2
1.72
0.37
1994
 
894,414
0.664
1,347,902
192.1
3.71
0.37
1995
 
927,297
0.678
1,368,623
195.0
1.54
0.36
1996
 
1,002,336
0.692
1,448,400
206.4
5.83
0.38
1997
 
1,050,982
0.704
1,492,724
212.7
3.06
0.37
1998
 
1,114,594
0.710
1,570,581
223.8
5.22
0.37
1999
 
1,133,699
0.720
1,574,560
224.4
0.25
0.37
2000
 
1,185,957
0.738
1,606,509
228.9
2.03
0.37
2001
 
1,236,906
0.753
1,642,594
234.1
2.25
0.37
2002
 
1,257,121
0.763
1,647,797
234.8
0.32
0.37
2003
 
1,320,842
0.779
1,695,692
241.7
2.91
0.38
2004
 
1,351,736
0.798
1,693,332
241.3
-0.14
0.37
2005
 
1,397,180
0.821
1,701,243
242.4
0.47
0.38
2006
 
1,475,749
0.844
1,747,689
249.1
2.73
0.38
2007
 
1,535,876
0.866
1,773,386
252.7
1.47
0.38
2008
 
1,584,663
0.892
1,777,126
253.3
0.21
0.38
2009
 
1,562,408
0.889
1,757,074
250.4
-1.13
0.38
2010
 
1,614,146
0.905
1,783,311
254.1
1.49
0.38
2011
 
1,693,987
0.928
1,825,338
260.1
2.36
0.38
2012
 
1,763,667
0.945
1,865,643
265.9
2.21
0.38
2013
 
1,771,476
0.958
1,849,507
263.6
-0.86
0.37
2014
 
1,829,774
0.971
1,884,015
268.5
1.87
0.37
2015
 
1,887,018
0.973
1,939,401
276.4
2.94
0.37
2016
 
1,938,572
0.983
1,972,419
281.1
1.70
0.37
2017
 
2,007,688
1.000
2,007,688
286.1
1.79
0.37
2018
 
2,110,236
1.020
2,067,906
294.7
3.00
0.38
2019
 
2,174,535
1.035
2,100,736
299.4
1.59
0.37
2020
 
2,319,546
1.046
2,216,797
315.9
5.52
0.37
2021
 
2,484,614
1.090
2,279,441
324.9
2.83
0.37
2022
 
2,497,808
1.160
2,152,485
306.8
-5.57
0.37
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_300_PSN
 
   

Interactive TableTip: To augment your analysis click on the column headers in the following table to rank and/or sort the data.

   
 
Ohio:
Total Personal Income, 1969-2022
 
1969
 
41,801,043
0.189
221,368,654
100.0
N
5.28
1970
 
44,141,934
0.198
223,322,544
100.9
0.88
5.16
1971
 
46,980,368
0.206
228,004,698
103.0
2.10
5.08
1972
 
50,967,906
0.213
239,196,105
108.1
4.91
5.01
1973
 
56,552,390
0.225
251,847,651
113.8
5.29
4.99
1974
 
61,925,206
0.248
249,768,911
112.8
-0.83
4.97
1975
 
66,162,182
0.269
246,322,346
111.3
-1.38
4.86
1976
 
72,597,505
0.283
256,229,503
115.7
4.02
4.85
1977
 
80,397,208
0.302
266,427,651
120.4
3.98
4.87
1978
 
88,854,711
0.323
275,296,539
124.4
3.33
4.79
1979
 
98,139,943
0.351
279,258,865
126.2
1.44
4.73
1980
 
107,224,402
0.389
275,442,874
124.4
-1.37
4.63
1981
 
116,584,437
0.424
274,866,054
124.2
-0.21
4.50
1982
 
122,010,409
0.448
272,521,072
123.1
-0.85
4.39
1983
 
129,165,178
0.467
276,727,179
125.0
1.54
4.35
1984
 
142,495,944
0.484
294,176,065
132.9
6.31
4.35
1985
 
151,344,813
0.501
301,916,719
136.4
2.63
4.31
1986
 
158,418,410
0.512
309,296,179
139.7
2.44
4.26
1987
 
165,483,900
0.528
313,404,606
141.6
1.33
4.21
1988
 
178,136,781
0.549
324,682,003
146.7
3.60
4.18
1989
 
191,537,126
0.573
334,498,395
151.1
3.02
4.16
1990
 
202,968,115
0.598
339,553,517
153.4
1.51
4.14
1991
 
207,868,447
0.618
336,498,279
152.0
-0.90
4.10
1992
 
221,074,852
0.634
348,588,540
157.5
3.59
4.09
1993
 
230,183,648
0.650
354,128,689
160.0
1.59
4.08
1994
 
243,075,206
0.664
366,319,860
165.5
3.44
4.10
1995
 
254,778,303
0.678
376,034,335
169.9
2.65
4.06
1996
 
266,670,184
0.692
385,344,832
174.1
2.48
4.00
1997
 
282,198,968
0.704
400,810,953
181.1
4.01
3.99
1998
 
298,491,358
0.710
420,605,856
190.0
4.94
3.94
1999
 
307,407,038
0.720
426,948,290
192.9
1.51
3.85
2000
 
323,812,505
0.738
438,639,572
198.1
2.74
3.76
2001
 
333,209,250
0.753
442,497,211
199.9
0.88
3.71
2002
 
338,462,533
0.763
443,646,738
200.4
0.26
3.70
2003
 
348,428,738
0.779
447,311,395
202.1
0.83
3.68
2004
 
361,752,998
0.798
453,171,230
204.7
1.31
3.61
2005
 
371,633,835
0.821
452,511,153
204.4
-0.15
3.53
2006
 
390,090,034
0.844
461,973,039
208.7
2.09
3.45
2007
 
406,786,493
0.866
469,692,396
212.2
1.67
3.41
2008
 
422,085,747
0.892
473,349,498
213.8
0.78
3.40
2009
 
410,350,426
0.889
461,477,521
208.5
-2.51
3.40
2010
 
422,204,427
0.905
466,452,070
210.7
1.08
3.36
2011
 
449,923,823
0.928
484,810,809
219.0
3.94
3.38
2012
 
466,162,071
0.945
493,115,780
222.8
1.71
3.35
2013
 
473,218,777
0.958
494,063,308
223.2
0.19
3.36
2014
 
492,475,624
0.971
507,074,293
229.1
2.63
3.33
2015
 
511,339,811
0.973
525,534,498
237.4
3.64
3.31
2016
 
521,622,549
0.983
530,729,874
239.7
0.99
3.28
2017
 
541,289,443
1.000
541,289,443
244.5
1.99
3.25
2018
 
562,522,960
1.020
551,239,096
249.0
1.84
3.21
2019
 
582,400,407
1.035
562,635,038
254.2
2.07
3.17
2020
 
623,835,973
1.046
596,202,010
269.3
5.97
3.18
2021
 
670,872,723
1.090
615,473,916
278.0
3.23
3.14
2022
 
679,232,967
1.160
585,328,686
264.4
-4.90
3.11
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_300_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:
Total Personal Income, 1969-2022
 
1969
 
791,229,000
0.189
4,190,165,758
100.0
N
1970
 
855,525,000
0.198
4,328,265,709
103.3
3.30
1971
 
924,613,000
0.206
4,487,323,465
107.1
3.67
1972
 
1,016,408,000
0.213
4,770,076,966
113.8
6.30
1973
 
1,133,468,000
0.225
5,047,731,018
120.5
5.82
1974
 
1,244,912,000
0.248
5,021,223,733
119.8
-0.53
1975
 
1,362,505,000
0.269
5,072,617,275
121.1
1.02
1976
 
1,495,704,000
0.283
5,279,017,400
126.0
4.07
1977
 
1,651,632,000
0.302
5,473,329,799
130.6
3.68
1978
 
1,855,849,000
0.323
5,749,934,936
137.2
5.05
1979
 
2,073,296,000
0.351
5,899,598,782
140.8
2.60
1980
 
2,313,972,000
0.389
5,944,235,512
141.9
0.76
1981
 
2,590,995,000
0.424
6,108,676,176
145.8
2.77
1982
 
2,777,640,000
0.448
6,204,105,336
148.1
1.56
1983
 
2,969,333,000
0.467
6,361,584,112
151.8
2.54
1984
 
3,275,415,000
0.484
6,761,937,695
161.4
6.29
1985
 
3,508,482,000
0.501
6,999,046,441
167.0
3.51
1986
 
3,717,756,000
0.512
7,258,548,586
173.2
3.71
1987
 
3,931,800,000
0.528
7,446,308,852
177.7
2.59
1988
 
4,264,433,000
0.549
7,772,592,728
185.5
4.38
1989
 
4,605,107,000
0.573
8,042,309,775
191.9
3.47
1990
 
4,897,332,000
0.598
8,192,943,538
195.5
1.87
1991
 
5,072,291,000
0.618
8,211,045,100
196.0
0.22
1992
 
5,406,546,000
0.634
8,524,985,809
203.5
3.82
1993
 
5,643,648,000
0.650
8,682,535,385
207.2
1.85
1994
 
5,933,938,000
0.664
8,942,579,420
213.4
3.00
1995
 
6,278,125,000
0.678
9,266,058,093
221.1
3.62
1996
 
6,660,854,000
0.692
9,625,094,288
229.7
3.87
1997
 
7,068,422,000
0.704
10,039,373,926
239.6
4.30
1998
 
7,584,003,000
0.710
10,686,661,406
255.0
6.45
1999
 
7,978,449,000
0.720
11,081,025,264
264.5
3.69
2000
 
8,620,234,000
0.738
11,677,052,911
278.7
5.38
2001
 
8,990,104,000
0.753
11,938,732,039
284.9
2.24
2002
 
9,146,700,000
0.763
11,989,225,466
286.1
0.42
2003
 
9,474,684,000
0.779
12,163,560,736
290.3
1.45
2004
 
10,008,929,000
0.798
12,538,275,270
299.2
3.08
2005
 
10,540,800,000
0.821
12,834,755,927
306.3
2.36
2006
 
11,291,446,000
0.844
13,372,153,008
319.1
4.19
2007
 
11,925,044,000
0.866
13,769,145,681
328.6
2.97
2008
 
12,423,410,000
0.892
13,932,275,429
332.5
1.18
2009
 
12,058,253,000
0.889
13,560,635,845
323.6
-2.67
2010
 
12,547,501,000
0.905
13,862,497,514
330.8
2.23
2011
 
13,299,818,000
0.928
14,331,082,712
342.0
3.38
2012
 
13,905,749,000
0.945
14,709,785,897
351.1
2.64
2013
 
14,063,283,000
0.958
14,682,748,144
350.4
-0.18
2014
 
14,778,160,000
0.971
15,216,235,418
363.1
3.63
2015
 
15,467,113,000
0.973
15,896,476,839
379.4
4.47
2016
 
15,884,741,000
0.983
16,162,082,333
385.7
1.67
2017
 
16,658,962,000
1.000
16,658,962,000
397.6
3.07
2018
 
17,514,402,000
1.020
17,163,073,878
409.6
3.03
2019
 
18,343,601,000
1.035
17,721,060,157
422.9
3.25
2020
 
19,609,985,000
1.046
18,741,324,605
447.3
5.76
2021
 
21,392,812,000
1.090
19,626,252,970
468.4
4.72
2022
 
21,820,248,000
1.160
18,803,588,325
448.8
-4.19
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_300_PN
 
   
Copyright © 2023. Pacific Northwest Regional Economic Analysis Project (PNREAP). All Rights Reserved.

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