Personal income in Arkansas rose 3.2 percent in 2017, the U.S. Bureau of Economic Analysis reported late last month. That increase beat the average for all the states of 3.1 percent.
Personal income increased in all the states and the District of Columbia, with the exception of North Dakota. The change ranged from 4.8 percent in Washington to -0.3 percent in North Dakota.
Per capita personal income in Arkansas was $40,791 in 2017, compared with the U.S. average of $50,392.
The bureau defines personal income as the income received by, or on behalf of, all persons from all sources; it doesn’t include realized or unrealized capital gains or losses. Per capita personal income is the total personal income of the residents of a state divided by the state’s population.
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