Income

Desired Trend

Up

Current Trend

Up
Baseline (2010): $ 49,748
Current (2019): $ 56,923

Theme Prosperous

Definition

Personal income per capita (in 2019 dollars)

Why is it Important?

Personal income per capita is an important measure of the local economy.1 Increases in personal income allow St. Louis area residents to live a higher quality of life and increases circulation of money in the local economy.

How are we Doing?

Personal income increased from the baseline year 2010 to 2019 by $7,174 per capita. This is about a 14.4 percent increase. The average income growth for the country as a whole was larger, $8,951 , or 18.8 percent.

For 2019, this income per capita is the 26th highest among the 50 most populous metropolitan areas. St. Louis is just above the personal income per capita for the United States as a whole ($56,490). This follows a long-term trend of the region’s income levels being about average for the United States. On change in income per capita, the region does not rank as well among the peer regions. The St. Louis region ranks 37th for change in personal income per capita from 2010 to 2019. The United States increased 18.8 percent over this time period compared to about 14.4 percent for the St. Louis MSA. Over a longer time period, 2001 to 2019, the region had a slightly slower average annual change in per capita income compared to the nation as a whole, 3.1 % and 3.3 %, respectively. 

Personal Income Changer in Personal Income

Geographic Level

St. Louis Metropolitan Statistical Area (MSA). View map.

Notes

1BEA personal income includes income received by all persons from all sources, including wages, benefits, rental income, and transfer payments, and is based primarily on administrative data sources. 

Data Sources

Bureau of Economic Analysis