Personal income rose about 1 percent in Connecticut in 2016 as the state’s population stagnated, according to new federal data.
The average personal income in Connecticut was $69,311 in 2016, up slightly from $68,329 recorded a year earlier, according to the U.S. Department of Commerce’s Bureau of Economic Analysis (BEA).
Meantime, the state’s population shrank to 3,576,452 residents last year, down a little over 8,000 residents from 2015, the BEA data show.
Hartford County’s personal income just over 1 percent, while its population slipped by three-tenths of a percent. Windham County’s per capita personal income level grew the most, at 2.7 percent, even though its population dropped four-tenths of a percent, BEA statistics show. Middlesex County’s personal income grew the least, at five-tenths of a percent.
The state of Maryland posted the most personal income growth, at 3.2 percent, while the state of Wyoming fared the worst, with a drop of just over 2 percent.
The personal income statistics recorded by the BEA are “per-capita” personal income statistics that are adjusted for population size.
