MERIC NEWS LETTER

Kansas City and St. Louis MSAs Per Capita Personal Income Rank High in the Nation


The Kansas City and St. Louis Metropolitan Statistical Areas (MSAs) ranked in the top 65 in per capita personal income among the 363 MSAs in the country. St. Louis ranked 61st with per capita personal income of $39,602 in 2007, while Kansas City ranked 63rd in the U.S. with per capita personal income of $39,402.

Each of Missouri's seven MSAs had an increase of at least $1,000 from 2006-2007, with St. Louis experiencing the largest increase ($1,950), followed by Kansas City ($1,836), St. Joseph ($1,687), and Jefferson City ($1,365). The U.S. had a $1,918 increase and the metropolitan portions of the country combined averaged a $1,972 increase.

2007 Per Capita Personal Income
Area Dollars Percent change  Per Capita Personal Income Rank in U.S.
  2006 2007p Difference 2007p 2007p
Columbia, MO  $31,325 $32,548 $1,223 3.9 202
Jefferson City, MO  $30,325 $31,690 $1,365 4.5 225
Joplin, MO  $26,601 $27,652 $1,051 4.0 329
Kansas City, MO-KS  $37,566 $39,402 $1,836 4.9 63
St. Joseph, MO-KS  $28,032 $29,719 $1,687 6.0 278
St. Louis, MO-IL  $37,652 $39,602 $1,950 5.2 61
Springfield, MO  $28,518 $29,577 $1,059 3.7 282
United States $36,714 $38,632 $1,918 5.2 ****
MSA portion of the United States $38,564 $40,536 $1,972 5.1 ****
Notes: P=Preliminary; Percent change based on unrounded figures

The St. Joseph MSA ranked the highest in percentage increase among the Missouri metros and 62nd in the country with a 6.0 percent increase. St. Louis MSA was next with a 5.2 percent increase, followed by Kansas City (4.9%), Jefferson City (4.5) and Columbia (3.9%).

Nationally, per capita personal income rose 5.2 percent. Pascagoula, MS MSA had the largest increase with a 17.2 percent rise from 2006-07.

This upward trend in per capita personal income growth is seen along the gulf coastal region affected by Hurricane Katrina, with the top five highest growth rates occurring in this area.

The highest per capita personal income was in the Bridgeport-Stamford-Norwalk, CT MSA with $80,192. Other MSAs with high income were Naples-Marco Island, FL ($61,788), San Francisco-Oakland-Fremont, CA ($61,337), San Jose-Sunnyvale-Santa Clara, CA ($58,716), and Sebastian-Vero Beach, FL ($58,144).

Source: Bureau of Economic Analysis

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