Missouri

Income

According to the Bureau of Economic Analysis, in 2001, Missouri had a per capita personal income (PCPI) of $28,221, which ranked 31st in the United States (including the District of Columbia) and was 93% of the national average, $30,413. The 2001 PCPI reflected an increase of 2.6% from 2000 compared to the national change of 2.2%. In 2001, Missouri had a total personal income (TPI) of $159,093,214,000 which ranked 18th in the United States and accounted for 1.8% of the national total. The 2001 TPI reflected an increase of 3.2% from 2000 compared to the national change of 3.3%.

Earnings of persons employed in Missouri increased from $110,983,573,000 in 2000 to $113,595,014,000 in 2001, an increase of 2.4%. The largest industries in 2001 were services, 27.9% of earnings; state and local government, 11.3%; and retail trade, 9.2%. Of the industries that accounted for at least 5% of earnings in 2001, the slowest growing from 2000 to 2001 was durable goods manufacturing (9.1% of earnings in 2001), which decreased 3.0%; the fastest was state and local government, which increased 6.3%.

According to data released by the US Census Bureau, in 2000, the median household income was $47,462 compared to the national average of $42,148. In 2001, the median income for a family of four was $61,036 compared to the national average of $63,278. For the period 1999 to 2001, the average poverty rate was 10.2%, which placed it 24th among the 50 states and the District of Columbia ranked lowest to highest.