BizJournals Portfolio

25 Years of Income Growth: The Bottom 10

Oct 12 2010

Back to: A Quarter-Century of Growth

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25 Years of Income Growth:
The Bottom 10
Just as some of the nation’s largest metropolitan areas have shown a significant uptick in income growth over a quarter-century, others have shown a slower rate of growth. Click through to see the bottom 10 areas that have shown the weakest growth over the long term, as measured by movements in per capita income.
91: Austin, Texas
Portfolio.com income growth index: -27.93

Per capita income (2009): $35,522

25-year income growth rate (1984-2009): 151.1%

20-year income growth rate (1989-2009): 116.2%

15-year income growth rate (1994-2009): 65.8%

10-year income growth rate (1999-2009): 13.5%

5-year income growth rate (2004-2009): 8.5%

Population (2009): 1,705,075

92: Grand Rapids, Michigan
Portfolio.com income growth index: -32.34

Per capita income (2009): $32,983

25-year income growth rate (1984-2009): 154.7%

20-year income growth rate (1989-2009): 93.0%

15-year income growth rate (1994-2009): 54.0%

10-year income growth rate (1999-2009): 23.4%

5-year income growth rate (2004-2009): 7.8%

Population (2009): 778,009

93: Riverside-San Bernardino, California
Portfolio.com income growth index: -32.60

Per capita income (2009): $29,930

25-year income growth rate (1984-2009): 120.6%

20-year income growth rate (1989-2009): 73.5%

15-year income growth rate (1994-2009): 62.8%

10-year income growth rate (1999-2009): 33.3%

5-year income growth rate (2004-2009): 10.9%

Population (2009): 4,143,113

94: Greensboro, North Carolina
Portfolio.com income growth index: -33.22

Per capita income (2009): $34,300

25-year income growth rate (1984-2009): 158.7%

20-year income growth rate (1989-2009): 88.3%

15-year income growth rate (1994-2009): 54.2%

10-year income growth rate (1999-2009): 23.8%

5-year income growth rate (2004-2009): 8.9%

Population (2009): 714,765

95: Phoenix
Portfolio.com income growth index: -33.59

Per capita income (2009): $34,282

25-year income growth rate (1984-2009): 144.1%

20-year income growth rate (1989-2009): 92.4%

15-year income growth rate (1994-2009): 63.5%

10-year income growth rate (1999-2009): 27.4%

5-year income growth rate (2004-2009): 7.5%

Population (2009): 4,364,094

96: Charlotte, North Carolina
Portfolio.com income growth index: -36.94

Per capita income (2009): $37,372

25-year income growth rate (1984-2009): 181.9%

20-year income growth rate (1989-2009): 98.0%

15-year income growth rate (1994-2009): 57.4%

10-year income growth rate (1999-2009): 19.5%

5-year income growth rate (2004-2009): 3.5%

Population (2009): 1,745,524

97: Toledo, Ohio
Portfolio.com income growth index: -38.40

Per capita income (2009): $33,069

25-year income growth rate (1984-2009): 136.1%

20-year income growth rate (1989-2009): 82.9%

15-year income growth rate (1994-2009): 47.9%

10-year income growth rate (1999-2009): 22.9%

5-year income growth rate (2004-2009): 9.8%

Population (2009): 672,220

98: Raleigh, North Carolina
Portfolio.com income growth index: -42.24

Per capita income (2009): $37,849

25-year income growth rate (1984-2009): 167.0%

20-year income growth rate (1989-2009): 87.9%

15-year income growth rate (1994-2009): 52.9%

10-year income growth rate (1999-2009): 17.1%

5-year income growth rate (2004-2009): 6.7%

Population (2009): 1,125,827

99: Detroit
Portfolio.com income growth index: -44.09

Per capita income (2009): $37,541

25-year income growth rate (1984-2009): 150.3%

20-year income growth rate (1989-2009): 84.5%

15-year income growth rate (1994-2009): 49.8%

10-year income growth rate (1999-2009): 19.1%

5-year income growth rate (2004-2009): 5.2%

Population (2009): 4,403,437

100: Atlanta
Portfolio.com income growth index: -48.81

Per capita income (2009): $36,482

25-year income growth rate (1984-2009): 154.2%

20-year income growth rate (1989-2009): 87.1%

15-year income growth rate (1994-2009): 50.7%

10-year income growth rate (1999-2009): 16.0%

5-year income growth rate (2004-2009): 5.4%

Population (2009): 5,475,213

How We Calculated Income Growth: A Methodology

How We Calculated Income Growth: A Methodology

From New York City to Daytona Beach, Florida, Portfolio.com and bizjournals looked at 25 factors when considering which city experienced the biggest income growth over the past quarter-century. Read more
25 Years of Income Growth: The Top 10

25 Years of Income Growth: The Top 10

Click through to see the top 10 areas that have shown strong growth over the long term, as measured by movements in per capita income. View Slideshow
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