Personal income

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Table 4.10 Personal income, 1996, 2006, 2016, and projected 2026

Category

Billions of current dollars

Percent distribution

Annual rate of change

1996

2006

2016

2026

1996

2006

2016

2026

1996–06

2006–16

2016–26

Sources

Personal income

$6,667.0

$11,394.0

$15,928.7

$24,174.5

100.0

100.0

100.0

100.0

5.5

3.4

4.3

Compensation of employees

4,422.1

7,502.4

9,978.6

15,207.0

66.3

65.8

62.6

62.9

5.4

2.9

4.3

Wage & salary disbursements

3,616.5

6,057.4

8,085.3

12,330.0

54.2

53.2

50.8

51.0

5.3

2.9

4.3

Supplements to wages & salary

805.6

1,444.9

1,910.3

2,877.1

12.1

12.7

12.0

11.9

6.0

2.8

4.2

Proprietors' income

547.4

1,053.7

1,341.9

1,746.2

8.2

9.2

8.4

7.2

6.8

2.4

2.7

Rental income

146.9

207.5

707.3

933.0

2.2

1.8

4.4

3.9

3.5

13.0

2.8

Personal income on assets

1,176.5

1,938.4

2,262.9

3,698.2

17.6

17.0

14.2

15.3

5.1

1.6

5.0

Personal interest income

874.3

1,214.8

1,415.3

2,411.6

13.1

10.7

8.9

10.0

3.3

1.5

5.5

Personal dividend income

302.2

723.7

962.5

1,286.7

4.5

6.4

6.0

5.3

9.1

2.9

2.9

Personal current transfer receipts

929.2

1,614.6

2,768.3

4,469.1

13.9

14.2

17.4

18.5

5.7

5.5

4.9

Federal social benefits

682.1

1,189.2

2,018.4

3,357.4

10.2

10.4

12.7

13.9

5.7

5.4

5.2

State & local social benefits

224.2

403.9

692.6

1,029.0

3.4

3.5

4.3

4.3

6.1

5.5

4.0

Other, from business (net)

22.9

21.5

57.4

82.7

0.3

0.2

0.4

0.3

-0.6

10.3

3.7

Less: Social insurance contribution

557.8

927.2

1,250.5

1,886.9

8.4

8.1

7.9

7.8

5.2

3.0

4.2

Use

Personal income

6,667.0

11,394.0

15,928.7

24,174.5

100.0

100.0

100.0

100.0

5.5

3.4

4.3

Personal consumption

5,268.1

9,304.0

12,820.7

19,092.3

79.0

81.7

80.5

79.0

5.9

3.3

4.1

Personal taxes

837.1

1,357.1

1,960.2

2,996.3

12.6

11.9

12.3

12.4

5.0

3.7

4.3

Personal interest payments

159.1

275.1

278.3

463.8

2.4

2.4

1.7

1.9

5.6

0.1

5.2

Personal transfer payments

57.6

126.4

189.0

256.9

0.9

1.1

1.2

1.1

8.2

4.1

3.1

To government:

34.9

76.6

108.9

147.5

0.5

0.7

0.7

0.6

8.2

3.6

3.1

Federal

7.2

17.4

27.3

32.8

0.1

0.2

0.2

0.1

9.2

4.6

1.9

State & local

27.8

59.3

81.6

114.8

0.4

0.5

0.5

0.5

7.9

3.2

3.5

To the rest of the world (net)

22.6

49.7

80.1

109.3

0.3

0.4

0.5

0.5

8.2

4.9

3.2

Personal savings

345.3

331.4

680.5

1,365.3

5.2

2.9

4.3

5.6

-0.4

7.5

7.2

Addenda

Disposable personal income

5,829.9

10,036.9

13,968.6

21,178.2

5.6

3.4

4.2

Disposable personal income, chained 2009 dollars

7,476.1

10,595.5

12,608.7

15,440.4

3.5

1.8

2.0

Per capita disposable income

21,607.6

33,598.2

43,182.6

60,506.5

4.5

2.5

3.4

Per capita disposable income, chained 2009 dollars

27,708.6

35,467.9

39,160.4

44,112.9

2.5

1.0

1.2

Savings rate (percent)

5.9

3.3

4.8

6.4

-5.7

3.9

2.9

Note: Dash indicates data not computable or not applicable.
Source: Historical data: Bureau of Economic Analysis; Projected data: Employment Projections program, U.S. Bureau of Labor Statistics.

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Last Modified Date: October 24, 2017