BizJournals Portfolio

25 Years of Income Growth: The Top 10

Oct 12 2010

Back to: A Quarter-Century of Growth

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25 Years of Income Growth: The Top 10
Combing through 25 years of federal income data for the nation’s 100 biggest metropolitan areas, Portfolio.com sought to determine what areas were the best in terms of income growth. 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.
1. El Paso, Texas
Portfolio.com income growth index: 54.01

Per capita income (2009): $28,638

25-year income growth rate (1984-2009): 212.1%

20-year income growth rate (1989-2009): 147.4%

15-year income growth rate (1994-2009): 98.2%

10-year income growth rate (1999-2009): 61.9%

5-year income growth rate (2004-2009): 26.1%

Population (2009): 751,296

2: Baton Rouge, Louisiana
Portfolio.com income growth index: 39.89

Per capita income (2009): $36,314

25-year income growth rate (1984-2009): 201.1%

20-year income growth rate (1989-2009): 143.8%

15-year income growth rate (1994-2009): 83.5%

10-year income growth rate (1999-2009): 53.2%

5-year income growth rate (2004-2009): 26.5%

Population (2009): 786,947

3: Baltimore
Portfolio.com income growth index: 36.12

Per capita income (2009): $47,962

25-year income growth rate (1984-2009): 216.4%

20-year income growth rate (1989-2009): 132.1%

15-year income growth rate (1994-2009): 95.0%

10-year income growth rate (1999-2009): 52.3%

5-year income growth rate (2004-2009): 19.3%

Population (2009): 2,690,886

4: Virginia Beach-Norfolk
Portfolio.com income growth index: 35.69

Per capita income (2009): $39,674

25-year income growth rate (1984-2009): 192.2%

20-year income growth rate (1989-2009): 126.9%

15-year income growth rate (1994-2009): 92.9%

10-year income growth rate (1999-2009): 57.4%

5-year income growth rate (2004-2009): 22.2%

Population (2009): 1,674,498

5: New Orleans
Portfolio.com income growth index: 31.45

Per capita income (2009): $39,849

25-year income growth rate (1984-2009): 201.1%

20-year income growth rate (1989-2009): 146.2%

15-year income growth rate (1994-2009): 89.6%

10-year income growth rate (1999-2009): 55.4%

5-year income growth rate (2004-2009): 25.2%

Population (2009): 1,189,981

6: Pittsburgh
Portfolio.com income growth index: 31.06

Per capita income (2009): $42,216

25-year income growth rate (1984-2009): 212.4%

20-year income growth rate (1989-2009): 132.8%

15-year income growth rate (1994-2009): 87.3%

10-year income growth rate (1999-2009): 44.8%

5-year income growth rate (2004-2009): 21.7%

Population (2009): 2,354,957

7: Oklahoma City
Portfolio.com income growth index: 28.29

Per capita income (2009): $37,909

25-year income growth rate (1984-2009): 169.9%

20-year income growth rate (1989-2009): 129.1%

15-year income growth rate (1994-2009): 90.7%

10-year income growth rate (1999-2009): 55.0%

5-year income growth rate (2004-2009): 20.5%

Population (2009): 1,227,278

8: Little Rock, Arkansas
Portfolio.com income growth index: 27.84

Per capita income (2009): $38,750

25-year income growth rate (1984-2009): 208.7%

20-year income growth rate (1989-2009): 137.0%

15-year income growth rate (1994-2009): 86.2%

10-year income growth rate (1999-2009): 47.9%

5-year income growth rate (2004-2009): 19.8%

Population (2009): 685,488

9: Jackson, Mississippi
Portfolio.com income growth index: 25.89

Per capita income (2009): $35,495

25-year income growth rate (1984-2009): 217.4%

20-year income growth rate (1989-2009): 137.3%

15-year income growth rate (1994-2009): 82.1%

10-year income growth rate (1999-2009): 43.6%

5-year income growth rate (2004-2009): 16.9%

Population (2009): 540,866

10: Honolulu
Portfolio.com income growth index: 25.48

Per capita income (2009): $45,486

25-year income growth rate (1984-2009): 188.7%

20-year income growth rate (1989-2009): 112.2%

15-year income growth rate (1994-2009): 71.9%

10-year income growth rate (1999-2009): 55.6%

5-year income growth rate (2004-2009): 26.7%

Population (2009): 907,574

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 Bottom 10

25 Years of Income Growth: The Bottom 10

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. View Slideshow
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U.S. Uncovered

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