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2022 Change in Personal Income

U.S. Total
2022 Change in Personal Income

What is Change in Personal Income?

Personal income is the total of all the money and benefits that residents receive from work, certain investments, and other sources such as government benefits. Changes in total state income matter because tax revenue and spending demands may rise or fall along with residents’ incomes. These aggregate changes should not be used to describe trends for individuals and households.

Source: Pew Charitable Trusts's Fiscal 50: State Trends and Analysis. Kauffman Foundation -