Alaska: still better than the average.
Author | Ainsworth, Joel |
Position | Alaska Trends - Brief article |
The U.S. Bureau of Economic Analysis calculates average personal income for each state. Personal income is calculated as the sum of one's wages and salary, plus income from interest and rental property, less contributions for government social insurance. All estimates of state personal income are in current dollars (not adjusted for inflation).
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The data can be compared in different ways. Frequently, the income levels may be shown in whole dollars and compared to another state, or the U.S. average. The chart shows personal wages as a percentage of personal income in the United States, with the national average as the baseline. It allows the data to clearly illustrate the highest and lowest levels of...
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