Idaho Posts Above Average Personal Income Growth
Idaho posted above average personal income growth from 2010 to 2011, thanks largely to increases in farm earnings. Other top industries, in terms of earnings growth, included health care and professional services. The construction industry had the most notable earnings losses.
Idaho’s personal income grew 5.4 percent from 2010 to 2011. That’s higher than the national average of 5.1 percent, according to a Bureau of Economic Analysis report issued today.
Per capita personal income growth was not as substantial, rising from $31,897 in 2010 to $33,326 last year. That 4.5 percent increase put Idaho slightly ahead of the national rate of 4.3 percent.