County 5th in personal income growth

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webmaster | 06/13/13
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The federal government released data Wednesday that placed the Madera County metropolitan area fifth in the nation in real personal income growth two years ago.

At a growth rate of 6.2 percent, Madera fell behind two other California counties, Santa Clara (6.4) and Kings (6.7), as well as two Texas counties in the 2010-2011 report released by the U.S. Bureau of Economic Analysis.

The report said personal incomes rose nationally by an average of 2.7 percent in the same period.

The data was adjusted for inflation and regional prices. It included every income source — such as salary and retirement benefits — for all residents within each metropolitan area in the United States...

 

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