| 2000 vs. 2019 Total Personal Income Growth and Change Frederick County 2000 vs. 2019 Net Percent Change = 82.79% Rank = #1 Somerset County 2000 vs. 2019 Net Percent Change = 13.07% Rank = #24 Washington County 2000 vs. 2019 Net Percent Change = 51.94% Rank = #11 With a spotlight on Washington County, the chart above displays the distribution of the net percent change of real (inflation adjusted) personal income across Maryland's 24 counties over the period 2000-2019. Those counties whose real personal income growth registered above the statewide average over this period realized an increase in their statewide share of real personal income. Likewise, those counties whose real personal income growth registered below the statewide average experienced a decline in their relative share of real personal income statewide. Statewide Snippets:- Over 2000-2019 real personal income grew in all 24 Maryland counties.
- Real personal income growth in fourteen counties outpaced the statewide average (43.95%), while growth in ten counties trailed.
- At the extremes of the distribution, Frederick County posted the highest growth of real personal income (82.79%), while Somerset County placed last by logging a 13.07% gain.
- The spread in real personal income growth between the highest (Frederick County, 82.79%) and lowest (Somerset County, 13.07%) over 2000-2019 equated to 69.72% ( = 82.79% − 13.07%).
- Real personal income growth statewide is but a weighted metric that stems from each county's share of real personal income statewide. On this point, as the largest county in Maryland, Montgomery County's net real personal income growth over 2000-2019 of $25,702,300K made up 22.91% of the total net growth statewide ($112,175,290K):
Montgomery County: Percent Share of Maryland's Real Personal Income Growth, 2000-2019:22.91% = ($25,702,300K / $112,175,290K) x 100 Washington County Snippets:- Over 2000-2019, Washington County posted a 51.94% net gain in real personal income.
- Washington County was joined by thirteen other counties whose real personal income growth over 2000-2019 registered above the statewide average (43.95%).
- Ranked #11 among Maryland's 24 counties, Washington County's real personal income growth (51.94%) outperformed the statewide average of 43.95% by a 8.00% margin.
- Washington County's net real personal income growth (51.94%, #11) over 2000-2019 registered just above that of Anne Arundel County (50.32%, #12) and just below that of Worcester County (52.08%, #10).
- Washington County's share of real personal income statewide rose from 1.76% in 2000 to 1.86% in 2019, resulting in a share-shift of 0.10%.
| | | | County Distribution of Real Personal Income Growth, 2000 vs. 2019 | More than 80% | 80% to 70% | 70% to 60% | 60% to 50% | 50% to 40% | 40% to 30% | 30% to 20% | 20% or Below | Total | 2000 vs. 2019 | 2 | 2 | 3 | 5 | 4 | 5 | 2 | 1 | 24 | | | | | | Montgomery County 2019 Real Personal Income = $86,835M Percent of State = 23.63% Rank = #1 Somerset County 2019 Real Personal Income = $750M Percent of State = 0.20% Rank = #24 Washington County 2019 Real Personal Income = $6,834M Percent of State = 1.86% Rank = #11 Again highlighting Washington County's position, the bar graph above displays the disposition by county of 2019 real personal income statewide ($367,434M). Tip: Although the visual profile of the bar chart remains unchanged you may opt to display the actual total by using the "Select Indicator" options above the graph Statewide Snippets:- Ranked #1, Montgomery County's 2019 personal income totaled $86,835M, equating to 23.63% of the statewide total.
- Ranked last (#24), Somerset County's real personal income of $750M in 2019 comprised just 0.20% of the total statewide. Somerset County's real personal income in 2019 equates to just 0.9% to that of Montgomery County's.
- Montgomery County's 2019 personal income ($86,835M) exceeded the combined personal income ($79,483M) of Maryland's seventeen smallest counties.
Washington County Snippets:- Washington County's personal income in 2019 ranked #11, amounting to 1.86% of the statewide total.
- Washington County's personal income of $6,834M placed below that of Charles County's ($9,026M, #10), and just above that of St. Mary's County's ($6,384M, #12).
- Washington County's personal income of $6,834M exceeds the combined total ($6,066M) of Maryland's five smallest counties.
| | | | County Distribution of Real Personal Income, 2019 | More than $50,000M | $50,000M to $40,000M | $40,000M to $30,000M | $30,000M to $20,000M | $20,000M to $10,000M | $10,000M or Below | Total | 2019 | 1 | 2 | 1 | 2 | 3 | 15 | 24 | | | | | | Tip: To augment your analysis click on the column headers in the following table to rank and/or sort the data. | | | | Maryland Real* Personal Income by County: 2000 vs. 2019 | 2000 | | 2019 | | 2000 - 2019 | | | | | | | | | | | | | | 2,158,621 | 0.85 | | 2,750,595 | 0.75 | | 27.42 | 591,974 | 0.53 | | | 25,407,922 | 9.95 | | 38,192,138 | 10.39 | | 50.32 | 12,784,216 | 11.40 | | | 37,942,374 | 14.86 | | 49,955,674 | 13.60 | | 31.66 | 12,013,301 | 10.71 | | | 3,208,170 | 1.26 | | 5,661,103 | 1.54 | | 76.46 | 2,452,934 | 2.19 | | | 920,437 | 0.36 | | 1,486,948 | 0.40 | | 61.55 | 566,511 | 0.51 | | | 6,748,032 | 2.64 | | 10,287,240 | 2.80 | | 52.45 | 3,539,208 | 3.16 | | | 3,350,497 | 1.31 | | 4,884,081 | 1.33 | | 45.77 | 1,533,584 | 1.37 | | | 5,169,112 | 2.03 | | 9,025,673 | 2.46 | | 74.61 | 3,856,561 | 3.44 | | | 1,011,633 | 0.40 | | 1,443,302 | 0.39 | | 42.67 | 431,668 | 0.38 | | | 8,745,682 | 3.43 | | 15,986,260 | 4.35 | | 82.79 | 7,240,578 | 6.45 | | | 939,139 | 0.37 | | 1,282,276 | 0.35 | | 36.54 | 343,137 | 0.31 | | | 9,517,157 | 3.73 | | 14,785,725 | 4.02 | | 55.36 | 5,268,568 | 4.70 | | | 15,251,257 | 5.97 | | 24,665,375 | 6.71 | | 61.73 | 9,414,118 | 8.39 | | | 813,229 | 0.32 | | 1,103,172 | 0.30 | | 35.65 | 289,942 | 0.26 | | | 61,132,843 | 23.95 | | 86,835,142 | 23.63 | | 42.04 | 25,702,300 | 22.91 | | | 32,897,365 | 12.89 | | 43,800,227 | 11.92 | | 33.14 | 10,902,862 | 9.72 | | | 1,949,981 | 0.76 | | 3,246,142 | 0.88 | | 66.47 | 1,296,161 | 1.16 | | | 3,541,902 | 1.39 | | 6,383,534 | 1.74 | | 80.23 | 2,841,632 | 2.53 | | | 663,698 | 0.26 | | 750,427 | 0.20 | | 13.07 | 86,730 | 0.08 | | | 1,812,225 | 0.71 | | 2,688,893 | 0.73 | | 48.38 | 876,668 | 0.78 | | | 4,497,472 | 1.76 | | 6,833,576 | 1.86 | | 51.94 | 2,336,104 | 2.08 | | | 2,877,136 | 1.13 | | 4,022,809 | 1.09 | | 39.82 | 1,145,673 | 1.02 | | | 1,872,207 | 0.73 | | 2,847,277 | 0.77 | | 52.08 | 975,070 | 0.87 | | | 22,830,714 | 8.94 | | 28,516,504 | 7.76 | | 24.90 | 5,685,790 | 5.07 | | | | | | | | | | | | | | 255,258,805 | 100.00 | | 367,434,095 | 100.00 | | 43.95 | 112,175,290 | 100.00 | | | 249,762,141 | 97.85 | | 359,429,505 | 97.82 | | 43.91 | 109,667,364 | 97.76 | | | 5,496,664 | 2.15 | | 8,004,590 | 2.18 | | 45.63 | 2,507,926 | 2.24 | | | | | | | | | | | | | | 11,677,052,911 | | | 17,721,060,157 | | | 51.76 | 6,044,007,246 | | | | 10,325,098,869 | | | 15,852,542,504 | | | 53.53 | 5,527,443,635 | | | | 1,351,954,042 | | | 1,868,517,653 | | | 38.21 | 516,563,611 | |
Source: Calculations by the Maryland Regional Economic Analysis Project (MD-REAP) with data provided by the U.S. Department of Commerce, Bureau of Economic Analysis November 2023 REAP_PI_CA1400_YRVYR_300A | | | | |
Tip: To augment your analysis click on the column headers in the following table to rank and/or sort the data. | | | | Maryland Personal Income by County: 2000 vs. 2019 | 2000 | | 2019 | | 2000 - 2019 | | | | | | | | | | | | | | 1,593,537 | 0.85 | | 2,847,223 | 0.75 | | 78.67 | 1,253,686 | 0.65 | | | 18,756,636 | 9.95 | | 39,533,828 | 10.39 | | 110.77 | 20,777,192 | 10.83 | | | 28,009,819 | 14.86 | | 51,710,617 | 13.60 | | 84.62 | 23,700,798 | 12.35 | | | 2,368,335 | 1.26 | | 5,859,978 | 1.54 | | 147.43 | 3,491,643 | 1.82 | | | 679,485 | 0.36 | | 1,539,184 | 0.40 | | 126.52 | 859,699 | 0.45 | | | 4,981,532 | 2.64 | | 10,648,631 | 2.80 | | 113.76 | 5,667,099 | 2.95 | | | 2,473,404 | 1.31 | | 5,055,659 | 1.33 | | 104.40 | 2,582,255 | 1.35 | | | 3,815,942 | 2.03 | | 9,342,745 | 2.46 | | 144.83 | 5,526,803 | 2.88 | | | 746,808 | 0.40 | | 1,494,005 | 0.39 | | 100.05 | 747,197 | 0.39 | | | 6,456,237 | 3.43 | | 16,547,857 | 4.35 | | 156.31 | 10,091,620 | 5.26 | | | 693,291 | 0.37 | | 1,327,322 | 0.35 | | 91.45 | 634,031 | 0.33 | | | 7,025,756 | 3.73 | | 15,305,148 | 4.02 | | 117.84 | 8,279,392 | 4.31 | | | 11,258,783 | 5.97 | | 25,531,870 | 6.71 | | 126.77 | 14,273,087 | 7.44 | | | 600,342 | 0.32 | | 1,141,926 | 0.30 | | 90.21 | 541,584 | 0.28 | | | 45,129,487 | 23.95 | | 89,885,661 | 23.63 | | 99.17 | 44,756,174 | 23.32 | | | 24,285,493 | 12.89 | | 45,338,929 | 11.92 | | 86.69 | 21,053,436 | 10.97 | | | 1,439,515 | 0.76 | | 3,360,179 | 0.88 | | 133.42 | 1,920,664 | 1.00 | | | 2,614,703 | 1.39 | | 6,607,788 | 1.74 | | 152.72 | 3,993,085 | 2.08 | | | 489,955 | 0.26 | | 776,790 | 0.20 | | 58.54 | 286,835 | 0.15 | | | 1,337,821 | 0.71 | | 2,783,354 | 0.73 | | 108.05 | 1,445,533 | 0.75 | | | 3,320,124 | 1.76 | | 7,073,640 | 1.86 | | 113.05 | 3,753,516 | 1.96 | | | 2,123,959 | 1.13 | | 4,164,130 | 1.09 | | 96.06 | 2,040,171 | 1.06 | | | 1,382,101 | 0.73 | | 2,947,302 | 0.77 | | 113.25 | 1,565,201 | 0.82 | | | 16,854,090 | 8.94 | | 29,518,289 | 7.76 | | 75.14 | 12,664,199 | 6.60 | | | | | | | | | | | | | | 188,437,155 | 100.00 | | 380,342,055 | 100.00 | | 101.84 | 191,904,900 | 100.00 | | | 184,379,408 | 97.85 | | 372,056,264 | 97.82 | | 101.79 | 187,676,856 | 97.80 | | | 4,057,747 | 2.15 | | 8,285,791 | 2.18 | | 104.20 | 4,228,044 | 2.20 | | | | | | | | | | | | | | 8,620,234,000 | | | 18,343,601,000 | | | 112.80 | 9,723,367,000 | | | | 7,622,194,487 | | | 16,409,442,322 | | | 115.29 | 8,787,247,835 | | | | 998,039,513 | | | 1,934,158,678 | | | 93.80 | 936,119,165 | |
Source: Calculations by the Maryland Regional Economic Analysis Project (MD-REAP) with data provided by the U.S. Department of Commerce, Bureau of Economic Analysis November 2023 REAP_PI_CA1400_YRVYR_300A | | | | |
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