Personal income in the Baton Rouge metropolitan statistical area increased by 4.7% between 2017 and 2018, according to statistics released today by the U.S. Bureau of Economic Analysis. But it grew at a slower clip than the national rate of 4.9%, and was middling compared to other MSAs in the country, ranking 145th out of 384 overall.Â
With an unchanged population of 853,610 over the year, the per capita personal income in Baton Rouge was $48,042 in 2018, up 4.7% from the previous year.Â
Officials with the Baton Rouge Area Chamber and Mayor Sharon Weston Broome’s office were not immediately available for comment.
Nationally, the personal income percentage change spectrum for MSAs ranged from 1.2% in El Centro, California, to 12.6% in Midland, Texas. Nationally, per capita personal income—personal income divided by population—increased by 4.9% in 2018, up from 4.1% in 2017.
Personal income increased in 3,019 counties across the nation, decreased in 91 and was unchanged in three. Meanwhile, personal income increased 5.7% in the metropolitan portion of the country and rose 4.8% in the nonmetropolitan portion.
