Introduction
Pittsburgh MSA:
2018 PCI = $58,072
2018 Percent of State = 102.7%
Pennsylvania:
2018 PCI = $56,225
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.
Page 2 of 13
Pittsburgh MSA Per Capita Personal Income, 1970-2018
Current vs. Constant Dollars
Pittsburgh MSA Per Capita Personal Income, 1970-2018
Current vs. Constant Dollars
Figure 1.
Figure 1 depicts the Pittsburgh MSA's annual per capita personal income over 1970-2018 in current and constant (2012) dollars. Constant dollar measurements remove the effects of inflation. They allow for comparison of changes in the real purchasing power of the Pittsburgh MSA over time.
When measured in current dollars, the Pittsburgh MSA's per capita personal income increased 1,319.5%, from $4,091 in 1970 to $58,072 in 2018. When measured in constant 2012 dollars to adjust for inflation, it advanced 175.0%, from $19,527 in 1970 to $53,699 in 2018.
Page 3 of 13
Real Per Capita Personal Income, 1969-2018
Real Per Capita Personal Income, 1969-2018
Figure 2.
Figure 2 traces the Pittsburgh MSA's and Pennsylvania's annual real per capita personal income for the period 1969-2018 to illustrate real per capita personal income patterns over time. During this 50-year period, the Pittsburgh MSA's real per capita personal income rose from $19,082 in 1969 to $53,699 in 2018, for a net gain of $34,617, or 181.4%. In comparison, Pennsylvania's real per capita personal income advanced from $19,297 in 1969 to $51,991 in 2018, for a net advance of $32,695, or 169.4%.
Page 4 of 13
Real Per Capita Personal Income Indices (1969=100): 1969-2018
Real Per Capita Personal Income Indices (1969=100): 1969-2018
Figure 3.
Figure 3 shows the Pittsburgh MSA's real per capita personal income growth in a broader context by offering direct comparisons across time with Pennsylvania, 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.
The Pittsburgh MSA's overall real per capita personal income growth was 181.4% over 1969-2018 outpaced Pennsylvania's increase of 169.4%, and topped the United States' increase of 156.4%.
Page 5 of 13
Per Capita Personal Income as a Percent of the U.S. Average: 1969-2018
Per Capita Personal Income as a Percent of the U.S. Average: 1969-2018
Figure 4.
Figure 4 depicts the trends for per capita personal income relative to the national average by tracing the Pittsburgh MSA and Pennsylvania per capita personal income as a percent of the national average over 1969-2018.
In 1969, the Pittsburgh MSA's per capita personal income amounted to 97.2% of the national average; in 2018, it approximated 106.7%. Similarly, in 1969, Pennsylvania's per capita personal income totaled 98.3% of the national average; in 2018, it consisted of 103.3%.
Page 6 of 13
Pittsburgh MSA Real Per Capita Personal Income:
Annual Percent Change, 1970-2018
Pittsburgh MSA Real Per Capita Personal Income:
Annual Percent Change, 1970-2018
Figure 5.
Figure 5 highlights the short-run pattern of the Pittsburgh MSA's real per capita personal income growth by tracking the year-to-year percent change over 1970-2018. The average annual percent change for the entire 49-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, the Pittsburgh MSA's real per capita personal income grew at an annual rate of 2.15% over 1970-2018. The Pittsburgh MSA posted its highest growth in 1972 (4.95%) and posted its lowest growth in 2009 (-2.30%). In 2018, the Pittsburgh MSA's real per capita personal income grew by 4.43%
Page 7 of 13
Pittsburgh MSA Real Per Capita Personal Income:
Annual Percent Change and Decade Averages Over 1970-2018
Pittsburgh MSA Real Per Capita Personal Income:
Annual Percent Change and Decade Averages Over 1970-2018
Figure 6.
Over the past five decades some msas have experienced extreme swings in growth, and often such swings have tended to coincide with the decades themselves. Figure 6 again depicts the annual percent change in the Pittsburgh MSA'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, and 2010-2018.
During the 1970s, the Pittsburgh MSA's annual real per capita personal income growth rate averaged 2.90%. It averaged 1.71% during the 1980s, 2.33% in the 1990s, 1.50% during the 2000s, and 2.32% thus far this decade (2010 to 2018).
Page 8 of 13
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 the Pittsburgh MSA noted in the previous graph with the corresponding decade averages for Pennsylvania and the nation. As the chart reveals, the Pittsburgh MSA's average annual real per capita personal income growth exceeded Pennsylvania's average in the 1970s (2.90% vs. 2.46%), posted below Pennsylvania's average in the 1980s (1.71% vs. 2.21%), led Pennsylvania's average throughout the 1990s (2.33% vs. 2.01%), exceeded Pennsylvania's average throughout the 2000s (1.50% vs. 1.44%), and exceeded Pennsylvania's average over the 9 year period of the last decade, 2010-2018 (2.32% vs. 2.16%).
Finally, relative to nationwide real per capita personal income growth trends, the Pittsburgh MSA led the nation throughout the 1970s (2.90% vs. 2.37%), recorded underneath the nation over the 1980s (1.71% vs. 2.20%), outpaced the nation during the 1990s (2.33% vs. 2.03%), exceeded the nation during the 2000s (1.50% vs. 1.09%), and outpaced the nation over 2010-2018 (2.32% vs. 2.11%).
   
 
Real* Per Capita Personal Income Growth:
Average Annual Percent Change
 
 
 
2.15
2.90
1.71
2.33
1.50
2.32
4.43
 
2.06
2.46
2.21
2.01
1.44
2.16
3.63
 
1.96
2.37
2.20
2.03
1.09
2.11
2.79
 
   
Page 9 of 13

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

   
 
Pittsburgh MSA:
Per Capita Personal Income, 1969-2018
 
1969
 
3,819
0.200
19,082
100.0
N
92.30
97.17
1970
 
4,091
0.210
19,527
102.3
2.33
92.78
97.46
1971
 
4,306
0.218
19,713
103.3
0.95
91.77
96.31
1972
 
4,673
0.226
20,689
108.4
4.95
91.87
96.21
1973
 
5,137
0.238
21,582
113.1
4.32
92.22
95.78
1974
 
5,762
0.263
21,926
114.9
1.60
94.82
98.74
1975
 
6,371
0.285
22,379
117.3
2.06
96.75
100.75
1976
 
6,960
0.300
23,176
121.5
3.56
97.08
101.24
1977
 
7,693
0.320
24,051
126.0
3.77
98.06
102.36
1978
 
8,484
0.342
24,798
130.0
3.11
97.35
101.53
1979
 
9,452
0.373
25,374
133.0
2.32
98.16
102.38
1980
 
10,426
0.413
25,268
132.4
-0.42
97.85
102.42
1981
 
11,562
0.450
25,718
134.8
1.78
97.94
102.32
1982
 
12,224
0.475
25,758
135.0
0.16
97.43
101.87
1983
 
12,548
0.495
25,364
132.9
-1.53
94.34
98.82
1984
 
13,459
0.513
26,214
137.4
3.35
92.53
96.78
1985
 
14,201
0.531
26,728
140.1
1.96
91.89
96.25
1986
 
14,786
0.543
27,236
142.7
1.90
91.07
95.46
1987
 
15,522
0.560
27,736
145.4
1.84
90.88
95.29
1988
 
16,917
0.582
29,091
152.4
4.88
92.30
96.91
1989
 
18,213
0.607
30,010
157.3
3.16
93.06
97.52
1990
 
19,481
0.634
30,749
161.1
2.46
94.78
99.29
1991
 
20,318
0.655
31,033
162.6
0.93
97.00
101.44
1992
 
21,298
0.672
31,685
166.0
2.10
96.72
100.99
1993
 
21,975
0.689
31,898
167.2
0.67
96.89
101.12
1994
 
22,711
0.703
32,291
169.2
1.23
96.53
100.60
1995
 
23,659
0.718
32,947
172.7
2.03
95.98
100.22
1996
 
24,808
0.733
33,824
177.3
2.66
96.00
100.15
1997
 
26,242
0.746
35,166
184.3
3.97
96.72
100.96
1998
 
27,361
0.752
36,377
190.6
3.44
94.98
99.29
1999
 
28,819
0.763
37,752
197.8
3.78
96.04
100.50
2000
 
30,707
0.782
39,249
205.7
3.97
95.55
100.16
2001
 
31,683
0.797
39,733
208.2
1.23
95.97
100.30
2002
 
32,184
0.808
39,838
208.8
0.26
96.84
101.11
2003
 
32,920
0.824
39,972
209.5
0.34
96.65
100.73
2004
 
34,415
0.844
40,770
213.7
2.00
96.46
100.48
2005
 
35,902
0.868
41,356
216.7
1.44
96.04
100.15
2006
 
38,265
0.892
42,910
224.9
3.76
96.07
100.39
2007
 
40,342
0.914
44,120
231.2
2.82
96.99
101.25
2008
 
42,151
0.942
44,756
234.5
1.44
99.04
103.05
2009
 
41,144
0.941
43,727
229.1
-2.30
100.98
104.74
2010
 
42,857
0.957
44,780
234.7
2.41
102.03
105.70
2011
 
45,153
0.981
46,013
241.1
2.75
102.10
105.66
2012
 
46,794
1.000
46,794
245.2
1.70
101.33
104.92
2013
 
47,163
1.013
46,536
243.9
-0.55
101.76
105.15
2014
 
49,167
1.028
47,814
250.6
2.75
100.98
104.48
2015
 
51,198
1.030
49,685
260.4
3.91
100.89
104.53
2016
 
51,681
1.041
49,650
260.2
-0.07
99.88
103.63
2017
 
54,471
1.059
51,422
269.5
3.57
101.13
104.99
2018
 
58,072
1.081
53,699
281.4
4.43
102.73
106.66
Source: Calculations by the Pennsylvania Regional Economic Analysis Project (PA-REAP)
with data provided by the U.S. Department of Commerce, Bureau of Economic Analysis
November 2019
REAP_PI_CA1400_700_PSN
 
   
Page 10 of 13

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

   
 
Pennsylvania:
Per Capita Personal Income, 1969-2018
 
1969
 
3,862
0.200
19,297
100.0
N
98.26
1970
 
4,135
0.210
19,738
102.3
2.29
98.51
1971
 
4,362
0.218
19,970
103.5
1.18
97.56
1972
 
4,753
0.226
21,043
109.1
5.37
97.86
1973
 
5,219
0.238
21,928
113.6
4.21
97.32
1974
 
5,743
0.263
21,853
113.2
-0.34
98.41
1975
 
6,259
0.285
21,986
113.9
0.61
98.98
1976
 
6,838
0.300
22,768
118.0
3.56
99.46
1977
 
7,505
0.320
23,464
121.6
3.05
99.86
1978
 
8,283
0.342
24,211
125.5
3.18
99.12
1979
 
9,155
0.373
24,577
127.4
1.51
99.17
1980
 
10,034
0.413
24,318
126.0
-1.05
98.57
1981
 
11,088
0.450
24,662
127.8
1.41
98.12
1982
 
11,859
0.475
24,990
129.5
1.33
98.83
1983
 
12,433
0.495
25,131
130.2
0.56
97.92
1984
 
13,455
0.513
26,206
135.8
4.28
96.75
1985
 
14,308
0.531
26,928
139.5
2.75
96.97
1986
 
15,031
0.543
27,687
143.5
2.82
97.04
1987
 
15,885
0.560
28,384
147.1
2.52
97.52
1988
 
17,150
0.582
29,493
152.8
3.91
98.25
1989
 
18,543
0.607
30,553
158.3
3.60
99.29
1990
 
19,566
0.634
30,883
160.0
1.08
99.72
1991
 
20,244
0.655
30,920
160.2
0.12
101.07
1992
 
21,250
0.672
31,614
163.8
2.25
100.76
1993
 
21,930
0.689
31,833
165.0
0.69
100.91
1994
 
22,616
0.703
32,157
166.6
1.02
100.18
1995
 
23,583
0.718
32,841
170.2
2.13
99.90
1996
 
24,743
0.733
33,735
174.8
2.72
99.89
1997
 
25,967
0.746
34,798
180.3
3.15
99.90
1998
 
27,327
0.752
36,332
188.3
4.41
99.17
1999
 
28,451
0.763
37,270
193.1
2.58
99.22
2000
 
30,393
0.782
38,849
201.3
4.24
99.14
2001
 
31,551
0.797
39,569
205.1
1.85
99.88
2002
 
32,066
0.808
39,691
205.7
0.31
100.74
2003
 
33,043
0.824
40,121
207.9
1.08
101.11
2004
 
34,868
0.844
41,308
214.1
2.96
101.80
2005
 
36,301
0.868
41,816
216.7
1.23
101.26
2006
 
38,032
0.892
42,650
221.0
1.99
99.78
2007
 
40,219
0.914
43,985
227.9
3.13
100.94
2008
 
41,512
0.942
44,077
228.4
0.21
101.49
2009
 
40,390
0.941
42,925
222.5
-2.61
102.82
2010
 
42,047
0.957
43,934
227.7
2.35
103.70
2011
 
44,210
0.981
45,052
233.5
2.54
103.45
2012
 
46,019
1.000
46,019
238.5
2.15
103.19
2013
 
46,411
1.013
45,794
237.3
-0.49
103.48
2014
 
48,431
1.028
47,098
244.1
2.85
102.92
2015
 
50,378
1.030
48,889
253.4
3.80
102.86
2016
 
51,614
1.041
49,585
257.0
1.42
103.50
2017
 
53,144
1.059
50,169
260.0
1.18
102.43
2018
 
56,225
1.081
51,991
269.4
3.63
103.27
Source: Calculations by the Pennsylvania Regional Economic Analysis Project (PA-REAP)
with data provided by the U.S. Department of Commerce, Bureau of Economic Analysis
November 2019
REAP_PI_CA1400_700_PSN
 
   
Page 11 of 13

Tip: 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, 1969-2018
 
1969
 
3,931
0.200
19,638
100.0
N
1970
 
4,198
0.210
20,037
102.0
2.03
1971
 
4,471
0.218
20,469
104.2
2.16
1972
 
4,857
0.226
21,504
109.5
5.05
1973
 
5,363
0.238
22,532
114.7
4.78
1974
 
5,836
0.263
22,205
113.1
-1.45
1975
 
6,324
0.285
22,212
113.1
0.03
1976
 
6,875
0.300
22,893
116.6
3.06
1977
 
7,516
0.320
23,496
119.6
2.64
1978
 
8,356
0.342
24,425
124.4
3.95
1979
 
9,232
0.373
24,784
126.2
1.47
1980
 
10,180
0.413
24,672
125.6
-0.45
1981
 
11,300
0.450
25,134
128.0
1.87
1982
 
11,999
0.475
25,285
128.8
0.60
1983
 
12,698
0.495
25,666
130.7
1.51
1984
 
13,906
0.513
27,085
137.9
5.53
1985
 
14,755
0.531
27,769
141.4
2.52
1986
 
15,490
0.543
28,532
145.3
2.75
1987
 
16,289
0.560
29,106
148.2
2.01
1988
 
17,455
0.582
30,017
152.8
3.13
1989
 
18,676
0.607
30,773
156.7
2.52
1990
 
19,621
0.634
30,970
157.7
0.64
1991
 
20,030
0.655
30,593
155.8
-1.22
1992
 
21,090
0.672
31,376
159.8
2.56
1993
 
21,733
0.689
31,546
160.6
0.54
1994
 
22,575
0.703
32,099
163.4
1.75
1995
 
23,607
0.718
32,874
167.4
2.42
1996
 
24,771
0.733
33,773
172.0
2.73
1997
 
25,993
0.746
34,833
177.4
3.14
1998
 
27,557
0.752
36,637
186.6
5.18
1999
 
28,675
0.763
37,564
191.3
2.53
2000
 
30,657
0.782
39,186
199.5
4.32
2001
 
31,589
0.797
39,616
201.7
1.10
2002
 
31,832
0.808
39,401
200.6
-0.54
2003
 
32,681
0.824
39,681
202.1
0.71
2004
 
34,251
0.844
40,576
206.6
2.26
2005
 
35,849
0.868
41,295
210.3
1.77
2006
 
38,114
0.892
42,742
217.6
3.50
2007
 
39,844
0.914
43,575
221.9
1.95
2008
 
40,904
0.942
43,431
221.2
-0.33
2009
 
39,284
0.941
41,750
212.6
-3.87
2010
 
40,546
0.957
42,366
215.7
1.47
2011
 
42,735
0.981
43,549
221.8
2.79
2012
 
44,599
1.000
44,599
227.1
2.41
2013
 
44,851
1.013
44,255
225.4
-0.77
2014
 
47,058
1.028
45,763
233.0
3.41
2015
 
48,978
1.030
47,530
242.0
3.86
2016
 
49,870
1.041
47,910
244.0
0.80
2017
 
51,885
1.059
48,980
249.4
2.23
2018
 
54,446
1.081
50,347
256.4
2.79
Source: Calculations by the Pennsylvania Regional Economic Analysis Project (PA-REAP)
with data provided by the U.S. Department of Commerce, Bureau of Economic Analysis
November 2019
REAP_PI_CA1400_700_PN
 
   
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