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Tuesday, July 7, 2009

Oregon’s Metro Area Residents Dominate Income Levels

Between 2002 and 2007 the inflation-adjusted per capita personal income of Oregon's metro counties rose from $about 36,500 to $38,500 -- a 5 percent increase. Non-metropolitan counties throughout the state experienced a 4 percent increase over the same time period, from $28,400 in 2002 to $29,600. In 2007, the average person in one of Oregon's non-metropolitan counties was receiving an income that amounted to 77 percent of the average income in the state's metro counties.

Of Oregon's metro areas, the Portland metropolitan statistical area (MSA) had the greatest per capita personal income in 2007 ($40,300) while the Salem MSA had the smallest figure ($31,500). However, the Medford MSA enjoyed the greatest income growth over the period (10%) while the Corvallis area experienced just 2 percent growth from 2002 to 2007, the lowest rate of any metro area. The other two metro areas, Bend and Eugene-Springfield, both enjoyed robust 8 percent growth in per capita personal income over the period.

While the metro versus non-metro comparison holds true for most counties throughout the state, those counties in north-central Oregon - bordering the Columbia River - definitely broke the trend, and the charts. Hood River, Wasco, Sherman, Gilliam, and Morrow counties posted a collective 26 percent increase, from $25,300 to $31,800 in per capita personal income from 2002 to 2007.

Read more about the personal income levels of different counties throughout the state at our website, http://www.qualityinfo.org/

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