Strafford County vs. New Hampshire
Comparative Trends Analysis:
Per Capita Personal Income Growth and Change, 1969-2022
Introduction
Strafford County vs. New Hampshire
Strafford County:
2022 PCI = $62,234
2022 Percent of State = 84.20%
New Hampshire:
2022 PCI = $73,910
Per Capita Income (PCI) is one of the most widely used indicators for gauging the economic performance and changing fortunes of local economies. It is used as a yardstick to assess the economic well being of a region's residents and the quality of consumer markets. It serves as a barometer for calibrating the economic performance of a region over time and to judge differences in relative economic prosperity between regions. Shifting trends in local per capita income growth have important social and political ramifications and significant implications in formulating local economic development strategies and initiatives.
Data Definition:
This measure of income is calculated as the total personal income of the residents of an area divided by the population of the area. Per capita personal income is often used as an indicator of consumers' purchasing power and of the economic well-being of the residents of an area.
Personal income is measured as a flow throughout the year, while the measurement of population is at one point in mid-year. Therefore, per capita income is distorted if a significant change in population occurs during the year.
For smaller counties in particular, per capita income in any given year may be exceptionally high or low for the short run because of unusual local conditions, such as a bumper crop, a catastrophe, or a major construction project as the building of a dam or nuclear power plant.
Farm incomes are notorious for being especially volatile year-to-year, owing to changing weather, commodity market conditions, and alterations in government programs. Therefore, the per capita income of farm-dependent counties may exhibit sharp fluctuations over time.
The presence of large institutional populations--such as residents attending a local college or the residents of a local prison or state mental institution--can significantly lower the per capita income estimates of an area. Such results may not reflect the relative economic well being of the non-institutional population and may mislead if care is not given to their interpretation.
Strafford County Per Capita Personal Income, 1970-2022
Current vs. Constant Dollars
Strafford County Per Capita Personal Income, 1970-2022
Current vs. Constant Dollars
Figure 1.
Figure 1 depicts Strafford County's annual per capita personal income over 1970-2022 in current and constant (2017) dollars. Constant dollar measurements remove the effects of inflation. They allow for comparison of changes in the real purchasing power of Strafford County over time.
When measured in current dollars, Strafford County's per capita personal income increased 1,599.01%, from $3,663 in 1970 to $62,234 in 2022. When measured in constant 2017 dollars to adjust for inflation, it advanced 189.40%, from $18,532 in 1970 to $53,630 in 2022.
Real Per Capita Personal Income, 1969-2022
Real Per Capita Personal Income, 1969-2022
Figure 2.
Figure 2 traces Strafford County's and New Hampshire's annual real per capita personal income for the period 1969-2022 to illustrate real per capita personal income patterns over time. During this 54-year period, Strafford County's real per capita personal income rose from $18,814 in 1969 to $53,630 in 2022, for a net gain of $34,816, or 185.05%. In comparison, New Hampshire's real per capita personal income increased from $20,344 in 1969 to $63,692 in 2022, for a net gain of $43,348, or 213.07%.
Real Per Capita Personal Income Indices (1969=100): 1969-2022
Real Per Capita Personal Income Indices (1969=100): 1969-2022
Figure 3.
Figure 3 shows Strafford County's real per capita personal income growth in a broader context by offering direct comparisons across time with New Hampshire, the United States. The growth indices shown here express each region's real per capita personal income in 1969 as a base figure of 100, and the real per capita personal incomes in later years as a percentage of the 1969 base figure. This method allows for more direct comparison of differences in real per capita personal income growth between regions that may differ vastly in size.
Strafford County's overall real per capita personal income growth was 185.05% over 1969-2022 trailed New Hampshire's increase of 213.07%, and outpaced the United States' increase of 171.04%.
Per Capita Personal Income as a Percent of the U.S. Average: 1969-2022
Per Capita Personal Income as a Percent of the U.S. Average: 1969-2022
Figure 4.
Figure 4 portrays the trends for per capita personal income relative to the national average by tracing Strafford County and New Hampshire per capita personal income as a percent of the national average over 1969-2022.
In 1969, Strafford County's per capita personal income amounted to 90.39% of the national average; in 2022, it approximated 95.06%. Similarly, in 1969, New Hampshire's per capita personal income totaled 97.74% of the national average; in 2022, it consisted of 112.89%.
Strafford County Real Per Capita Personal Income:
Annual Percent Change, 1970-2022
Strafford County Real Per Capita Personal Income:
Annual Percent Change, 1970-2022
Figure 5.
Figure 5 displays the short-run pattern of Strafford County's real per capita personal income growth by tracking the year-to-year percent change over 1970-2022. The average annual percent change for the entire 53-year period is also illustrated on this chart to provide a benchmark for gauging periods of relative high--and relative low--growth against the backdrop of the long-term average.
On average, Strafford County's real per capita personal income grew at an annual rate of 2.03% over 1970-2022. The county recorded its highest growth in 1978 (7.67%) and recorded its lowest growth in 1974 (-4.43%). In 2022, Strafford County's real per capita personal income declined by -3.47%
Strafford County Real Per Capita Personal Income:
Annual Percent Change and Decade Averages Over 1970-2022
Strafford County Real Per Capita Personal Income:
Annual Percent Change and Decade Averages Over 1970-2022
Figure 6.
Over the past five decades some counties have experienced extreme swings in growth, and often such swings have tended to coincide with the decades themselves. Figure 6 again shows the annual percent change in Strafford County's real per capita personal income since 1970, but this time they are overlayed with average growth rates for the decade of the 1970s, 1980s, 1990s, 2000s, 2010s, and 2020-2022.
During the 1970s, Strafford County's annual real per capita personal income growth rate averaged 2.04%. It averaged 3.03% throughout the 1980s, 1.56% in the 1990s, 1.63% throughout the 2000s, 2.08% during the 2010s, 1.36% thus far this decade (2020-2022).
Real Per Capita Personal Income Growth:
Average Annual Percent Change by Decade
Real Per Capita Personal Income Growth:
Average Annual Percent Change by Decade
Figure 7.
Figure 7 compares the decade average growth rates for Strafford County noted in the previous graph with the corresponding decade averages for New Hampshire and the nation. As the chart reveals, Strafford County's average annual real per capita personal income growth amounted to less than New Hampshire's average throughout the 1970s (2.04% vs. 2.24%), posted below New Hampshire's average in the 1980s (3.03% vs. 3.62%), amounted to less than New Hampshire's average throughout the 1990s (1.56% vs. 2.10%), led New Hampshire's average during the 2000s (1.63% vs. 1.41%), exceeded New Hampshire's average in the 2010s (2.08% vs. 2.00%), and topped New Hampshire's average over the 3 year period of the current decade, 2020-2022 (1.36% vs. 1.10%).
Finally, relative to nationwide real per capita personal income growth trends, Strafford County lagged the nation over the 1970s (2.04% vs. 2.37%), led the nation during the 1980s (3.03% vs. 2.19%), fell below the nation over the 1990s (1.56% vs. 2.01%), surpassed the nation over the 2000s (1.63% vs. 1.10%), led the nation over the 2010s (2.08% vs. 1.97%), and recorded underneath the nation over 2020-2022 (1.36% vs. 1.78%).
   
 
Real* Per Capita Personal Income Growth:
Average Annual Percent Change
 
 
 
2.03
2.04
3.03
1.56
1.63
2.08
1.36
-3.47
 
2.21
2.24
3.62
2.10
1.41
2.00
1.10
-3.86
 
1.92
2.37
2.19
2.01
1.10
1.97
1.78
-4.55
 
   

Interactive TableTip: To augment your analysis click on the column headers in the following table to rank and/or sort the data.

   
 
Strafford County:
Per Capita Personal Income, 1969-2022
 
1969
 
3,553
0.189
18,814
100.0
N
92.48
90.39
1970
 
3,663
0.198
18,532
98.5
-1.50
91.64
87.26
1971
 
3,828
0.206
18,576
98.7
0.24
90.60
85.62
1972
 
3,987
0.213
18,712
99.5
0.73
87.50
82.09
1973
 
4,294
0.225
19,121
101.6
2.18
85.78
80.06
1974
 
4,531
0.248
18,274
97.1
-4.43
83.81
77.64
1975
 
4,926
0.269
18,339
97.5
0.36
85.14
77.90
1976
 
5,572
0.283
19,666
104.5
7.23
86.82
81.05
1977
 
6,150
0.302
20,381
108.3
3.63
87.24
81.83
1978
 
7,083
0.323
21,944
116.6
7.67
89.30
84.76
1979
 
8,045
0.351
22,892
121.7
4.32
90.43
87.14
1980
 
9,012
0.389
23,150
123.0
1.13
89.74
88.49
1981
 
9,950
0.424
23,460
124.7
1.34
88.71
88.12
1982
 
10,668
0.448
23,827
126.6
1.57
87.44
88.97
1983
 
11,529
0.467
24,701
131.3
3.67
86.88
90.78
1984
 
12,434
0.484
25,670
136.4
3.93
84.63
89.53
1985
 
13,386
0.501
26,703
141.9
4.02
84.28
90.77
1986
 
14,338
0.512
27,994
148.8
4.83
83.99
92.61
1987
 
15,298
0.528
28,973
154.0
3.50
83.63
94.27
1988
 
16,594
0.549
30,246
160.8
4.39
84.31
95.14
1989
 
17,647
0.573
30,818
163.8
1.89
85.39
94.58
1990
 
18,069
0.598
30,228
160.7
-1.91
87.37
92.10
1991
 
18,646
0.618
30,184
160.4
-0.15
86.89
93.00
1992
 
19,451
0.634
30,670
163.0
1.61
87.14
92.29
1993
 
19,635
0.650
30,207
160.6
-1.51
86.07
90.43
1994
 
20,683
0.664
31,170
165.7
3.19
85.92
91.72
1995
 
21,551
0.678
31,808
169.1
2.04
85.50
91.41
1996
 
22,059
0.692
31,875
169.4
0.21
83.88
89.22
1997
 
23,207
0.704
32,961
175.2
3.41
82.93
89.52
1998
 
24,607
0.710
34,674
184.3
5.19
81.08
89.50
1999
 
25,836
0.720
35,882
190.7
3.49
81.10
90.36
2000
 
28,377
0.738
38,440
204.3
7.13
80.34
92.89
2001
 
30,345
0.753
40,298
214.2
4.83
82.50
96.19
2002
 
30,546
0.763
40,039
212.8
-0.64
82.53
96.06
2003
 
31,191
0.779
40,043
212.8
0.01
83.46
95.51
2004
 
32,744
0.798
41,018
218.0
2.43
83.27
95.79
2005
 
33,749
0.821
41,093
218.4
0.18
83.53
94.62
2006
 
34,836
0.844
41,255
219.3
0.39
81.27
92.05
2007
 
36,271
0.866
41,880
222.6
1.52
81.65
91.62
2008
 
38,058
0.892
42,681
226.9
1.91
83.26
93.16
2009
 
37,395
0.889
42,055
223.5
-1.47
82.88
95.14
2010
 
38,354
0.905
42,374
225.2
0.76
81.63
94.57
2011
 
39,945
0.928
43,043
228.8
1.58
81.37
93.66
2012
 
40,974
0.945
43,343
230.4
0.70
80.79
92.62
2013
 
41,459
0.958
43,285
230.1
-0.13
82.21
93.37
2014
 
43,092
0.971
44,369
235.8
2.50
82.88
93.10
2015
 
45,447
0.973
46,709
248.3
5.27
83.90
94.56
2016
 
46,652
0.983
47,467
252.3
1.62
83.78
95.26
2017
 
48,180
1.000
48,180
256.1
1.50
83.24
94.46
2018
 
50,373
1.020
49,363
262.4
2.45
83.49
94.49
2019
 
53,423
1.035
51,610
274.3
4.55
83.56
96.17
2020
 
57,102
1.046
54,573
290.1
5.74
84.12
96.53
2021
 
60,558
1.090
55,558
295.3
1.81
83.86
93.99
2022
 
62,234
1.160
53,630
285.0
-3.47
84.20
95.06
Source: Calculations by the New Hampshire Regional Economic Analysis Project (NH-REAP)
with data provided by the U.S. Department of Commerce, Bureau of Economic Analysis
November 2023
REAP_PI_CA1400_700_PSN
 
   

Interactive TableTip: To augment your analysis click on the column headers in the following table to rank and/or sort the data.

   
 
New Hampshire:
Per Capita Personal Income, 1969-2022
 
1969
 
3,842
0.189
20,344
100.0
N
97.74
1970
 
3,997
0.198
20,223
99.4
-0.60
95.22
1971
 
4,225
0.206
20,504
100.8
1.39
94.50
1972
 
4,557
0.213
21,385
105.1
4.29
93.82
1973
 
5,005
0.225
22,290
109.6
4.23
93.33
1974
 
5,406
0.248
21,805
107.2
-2.18
92.64
1975
 
5,786
0.269
21,540
105.9
-1.21
91.49
1976
 
6,418
0.283
22,651
111.3
5.16
93.35
1977
 
7,050
0.302
23,362
114.8
3.14
93.80
1978
 
7,932
0.323
24,575
120.8
5.19
94.92
1979
 
8,896
0.351
25,315
124.4
3.01
96.36
1980
 
10,043
0.389
25,798
126.8
1.91
98.61
1981
 
11,217
0.424
26,445
130.0
2.51
99.34
1982
 
12,199
0.448
27,248
133.9
3.04
101.75
1983
 
13,270
0.467
28,430
139.7
4.34
104.48
1984
 
14,693
0.484
30,333
149.1
6.69
105.79
1985
 
15,883
0.501
31,684
155.7
4.46
107.71
1986
 
17,072
0.512
33,331
163.8
5.20
110.27
1987
 
18,292
0.528
34,642
170.3
3.93
112.72
1988
 
19,682
0.549
35,874
176.3
3.56
112.85
1989
 
20,665
0.573
36,090
177.4
0.60
110.76
1990
 
20,681
0.598
34,598
170.1
-4.13
105.41
1991
 
21,459
0.618
34,738
170.8
0.41
107.03
1992
 
22,323
0.634
35,198
173.0
1.32
105.91
1993
 
22,812
0.650
35,095
172.5
-0.29
105.06
1994
 
24,071
0.664
36,276
178.3
3.36
106.74
1995
 
25,205
0.678
37,200
182.9
2.55
106.90
1996
 
26,298
0.692
38,001
186.8
2.15
106.36
1997
 
27,985
0.704
39,748
195.4
4.60
107.95
1998
 
30,348
0.710
42,763
210.2
7.59
110.38
1999
 
31,857
0.720
44,246
217.5
3.47
111.42
2000
 
35,323
0.738
47,849
235.2
8.14
115.62
2001
 
36,782
0.753
48,845
240.1
2.08
116.59
2002
 
37,013
0.763
48,515
238.5
-0.68
116.39
2003
 
37,374
0.779
47,981
235.8
-1.10
114.44
2004
 
39,324
0.798
49,262
242.1
2.67
115.04
2005
 
40,404
0.821
49,197
241.8
-0.13
113.27
2006
 
42,866
0.844
50,765
249.5
3.19
113.27
2007
 
44,422
0.866
51,291
252.1
1.04
112.21
2008
 
45,713
0.892
51,265
252.0
-0.05
111.89
2009
 
45,119
0.889
50,741
249.4
-1.02
114.79
2010
 
46,983
0.905
51,907
255.1
2.30
115.84
2011
 
49,088
0.928
52,894
260.0
1.90
115.10
2012
 
50,719
0.945
53,651
263.7
1.43
114.65
2013
 
50,428
0.958
52,649
258.8
-1.87
113.57
2014
 
51,993
0.971
53,534
263.1
1.68
112.33
2015
 
54,166
0.973
55,670
273.6
3.99
112.71
2016
 
55,681
0.983
56,654
278.5
1.77
113.70
2017
 
57,882
1.000
57,882
284.5
2.17
113.49
2018
 
60,338
1.020
59,128
290.6
2.15
113.18
2019
 
63,934
1.035
61,764
303.6
4.46
115.10
2020
 
67,883
1.046
64,876
318.9
5.04
114.76
2021
 
72,214
1.090
66,250
325.6
2.12
112.08
2022
 
73,910
1.160
63,692
313.1
-3.86
112.89
Source: Calculations by the New Hampshire Regional Economic Analysis Project (NH-REAP)
with data provided by the U.S. Department of Commerce, Bureau of Economic Analysis
November 2023
REAP_PI_CA1400_700_PSN
 
   

Interactive TableTip: To augment your analysis click on the column headers in the following table to rank and/or sort the data.

   
 
United States:
Per Capita Personal Income, 1969-2022
 
1969
 
3,931
0.189
20,816
100.0
N
1970
 
4,198
0.198
21,238
102.0
2.03
1971
 
4,471
0.206
21,697
104.2
2.16
1972
 
4,857
0.213
22,793
109.5
5.05
1973
 
5,363
0.225
23,883
114.7
4.78
1974
 
5,836
0.248
23,537
113.1
-1.45
1975
 
6,324
0.269
23,544
113.1
0.03
1976
 
6,875
0.283
24,265
116.6
3.07
1977
 
7,516
0.302
24,906
119.6
2.64
1978
 
8,356
0.323
25,889
124.4
3.95
1979
 
9,232
0.351
26,271
126.2
1.47
1980
 
10,184
0.389
26,160
125.7
-0.42
1981
 
11,291
0.424
26,621
127.9
1.76
1982
 
11,990
0.448
26,781
128.7
0.60
1983
 
12,701
0.467
27,210
130.7
1.61
1984
 
13,889
0.484
28,674
137.7
5.38
1985
 
14,746
0.501
29,417
141.3
2.59
1986
 
15,482
0.512
30,227
145.2
2.75
1987
 
16,228
0.528
30,733
147.6
1.67
1988
 
17,442
0.549
31,790
152.7
3.44
1989
 
18,658
0.573
32,584
156.5
2.50
1990
 
19,619
0.598
32,821
157.7
0.73
1991
 
20,050
0.618
32,457
155.9
-1.11
1992
 
21,077
0.634
33,234
159.7
2.39
1993
 
21,713
0.650
33,405
160.5
0.51
1994
 
22,552
0.664
33,986
163.3
1.74
1995
 
23,577
0.678
34,798
167.2
2.39
1996
 
24,725
0.692
35,729
171.6
2.67
1997
 
25,925
0.704
36,822
176.9
3.06
1998
 
27,493
0.710
38,740
186.1
5.21
1999
 
28,592
0.720
39,711
190.8
2.51
2000
 
30,551
0.738
41,384
198.8
4.21
2001
 
31,548
0.753
41,895
201.3
1.23
2002
 
31,801
0.763
41,684
200.2
-0.50
2003
 
32,659
0.779
41,928
201.4
0.59
2004
 
34,183
0.798
42,821
205.7
2.13
2005
 
35,669
0.821
43,432
208.6
1.43
2006
 
37,843
0.844
44,816
215.3
3.19
2007
 
39,588
0.866
45,710
219.6
1.99
2008
 
40,854
0.892
45,816
220.1
0.23
2009
 
39,307
0.889
44,204
212.4
-3.52
2010
 
40,557
0.905
44,808
215.3
1.36
2011
 
42,649
0.928
45,956
220.8
2.56
2012
 
44,237
0.945
46,795
224.8
1.83
2013
 
44,401
0.958
46,357
222.7
-0.94
2014
 
46,287
0.971
47,659
229.0
2.81
2015
 
48,060
0.973
49,394
237.3
3.64
2016
 
48,971
0.983
49,826
239.4
0.88
2017
 
51,004
1.000
51,004
245.0
2.36
2018
 
53,309
1.020
52,240
251.0
2.42
2019
 
55,547
1.035
53,662
257.8
2.72
2020
 
59,153
1.046
56,533
271.6
5.35
2021
 
64,430
1.090
59,110
284.0
4.56
2022
 
65,470
1.160
56,419
271.0
-4.55
Source: Calculations by the New Hampshire Regional Economic Analysis Project (NH-REAP)
with data provided by the U.S. Department of Commerce, Bureau of Economic Analysis
November 2023
REAP_PI_CA1400_700_PN
 
   
Copyright © 2023. Pacific Northwest Regional Economic Analysis Project (PNREAP). All Rights Reserved.

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