Personal income

This table also can be found in the article, ""The U.S. economy to 2022: settling into a new normal," published in the December 2013 Monthly Labor Review.

Other available formats: (XLS)

Table 4.10 Personal income, 1992, 2002, 2012, and projected 2022

Category

Billions of current dollars

Percent distribution

Annual rate of change

1992

2002

2012

2022

1992

2002

2012

2022

1992—2002

2002—12

2012—22

Sources:

Personal income

$5,347.3

$9,060.1

$13,407.2

$20,946.8

100.0

100.0

100.0

100.0

5.4

4.0

4.6

Compensation of employees

3,647.2

6,110.8

8,565.8

13,799.9

68.2

67.4

63.9

65.9

5.3

3.4

4.9

Wage & salary disbursements

2,973.6

4,997.3

6,880.7

11,103.9

55.6

55.2

51.3

53.0

5.3

3.2

4.9

Supplements to wages & salary

673.7

1,113.5

1,685.1

2,696.0

12.6

12.3

12.6

12.9

5.2

4.2

4.8

Proprietors' income

414.9

890.3

1,202.3

1,528.9

7.8

9.8

9.0

7.3

7.9

3.1

2.4

Rental income

84.6

218.8

462.6

607.0

1.6

2.4

3.5

2.9

10.0

7.8

2.8

Personal income on assets

909.7

1,309.6

1,749.6

3,076.6

17.0

14.5

13.1

14.7

3.7

2.9

5.8

Personal interest income

722.2

911.9

992.6

2,013.5

13.5

10.1

7.4

9.6

2.4

0.9

7.3

Personal dividend income

187.6

397.7

757.0

1,063.0

3.5

4.4

5.6

5.1

7.8

6.6

3.5

Personal current transfer receipts

745.8

1,282.2

2,375.1

3,603.3

13.9

14.2

17.7

17.2

5.6

6.4

4.3

Federal social benefits

549.5

914.9

1,774.9

2,679.3

10.3

10.1

13.2

12.8

5.2

6.9

4.2

State & local social benefits

180.0

333.0

554.2

852.4

3.4

3.7

4.1

4.1

6.3

5.2

4.4

Other, from business (net)

16.3

34.2

45.9

71.6

0.3

0.4

0.3

0.3

7.7

3.0

4.5

Less: Social insurance contribution

457.1

755.2

952.9

1,676.2

8.5

8.3

7.1

8.0

5.1

2.4

5.8

Uses:

Personal income

5,347.3

9,060.1

13,407.2

20,946.8

100.0

100.0

100.0

100.0

5.4

4.0

4.6

Personal consumption

4,236.9

7,439.2

11,119.6

17,025.0

79.2

82.1

82.9

81.3

5.8

4.1

4.4

Personal taxes

610.6

1,050.4

1,475.8

2,672.2

11.4

11.6

11.0

12.8

5.6

3.5

6.1

Personal interest payments

111.3

191.3

172.7

354.4

2.1

2.1

1.3

1.7

5.6

-1.0

7.5

Personal transfer payments

40.5

97.0

168.0

226.6

0.8

1.1

1.3

1.1

9.1

5.6

3.0

To government

26.0

56.4

91.5

123.2

0.5

0.6

0.7

0.6

8.1

5.0

3.0

Federal

4.1

10.8

20.3

27.5

0.1

0.1

0.2

0.1

10.1

6.6

3.1

State & local

21.9

45.7

71.2

95.7

0.4

0.5

0.5

0.5

7.6

4.5

3.0

To the rest of the world (net)

14.5

40.6

76.4

103.4

0.3

0.4

0.6

0.5

10.9

6.5

3.1

Personal savings

348.1

282.2

471.1

668.5

6.5

3.1

3.5

3.2

-2.1

5.3

3.6

Addenda:

Disposable personal income

4,736.7

8,009.7

11,931.4

18,274.5

-

-

-

-

5.4

4.1

4.4

Disposable personal income, chained 2005 dollars

6,152.5

8,633.4

10,304.3

13,288.7

-

-

-

-

3.4

1.8

2.6

Per capita disposable income

18,435.8

27,818.6

37,876.5

53,869.6

-

-

-

-

4.2

3.1

3.6

Per capita disposable income, chained 2005 dollars

23,946.1

29,984.9

32,711.3

39,172.4

-

-

-

-

2.3

0.9

1.8

Savings rate (percent)

7.3

3.5

3.9

3.7

-

-

-

-

-7.1

1.1

-0.5

Note: Dash indicates data not computable or not applicable.

Source: Historical data: Bureau of Economic Analysis; Projected data: Bureau of Labor Statistics.

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Last Modified Date: January 2, 2014