Midland, Odessa dominate income growth ranksMidland, Odessa dominate income growth rankshttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=89482012-11-29T10:27:00Z2012-11-27T00:00:00Z

MIDLAND, ODESSA - Odessa and Midland had the highest personal income growth between 2010 and 2011 among all MSAs in the United States, according to the U.S. Bureau of Economic Analysis.

In fact, Midland and Odessa were the only MSAs to achieve double-digit percent changes.

Odessa came in first with a 14.8 percent change in total personal income and a 12.4 percent change in personal income per capita.

Midland came in second with a 14.6 percent change in total personal income and an 11.9 percent change in personal income per capita.

Personal income in the United States rose 5.2 percent in 2011 and increased in all of the nation’s 366 MSAs for the first time since 2007.

Midland also had the second highest per capita personal income in the nation in 2011 with $65,173 per capita, behind only Bridgeport Conn. at $78,504 per capita.

Personal Income (PI) Growth by MSA
MSA 2010 PI* 2011 PI* Change 2010 PI Per Capita 2011 PI Per Capita Change
Odessa $4,686 $5,378 14.8% $34,163 $38,385 12.4%
Midland $7,982 $9,144 14.6% $58,262 $65,173 11.9%
Hanford-Corcoran, Calif. $4,121 $4,522 9.7% $26,905 $29,407 9.3%
Clarksville, Tenn.-Ky. $10,022 $11,015 9.9% $36,425 $39,666 8.9%

*Personal income in millions of dollars

Online news
http://www.bea.gov/newsreleases/regional/lapi/2012/pdf/lapi1112.pdfRead more at {Source}

 Search NewsTalk Texas