GDP Per Capita

From Open Source Ecology
Jump to: navigation, search

Definitions and Statistics

  • US is around $63k [1]
  • Note that wages are just a part of Per Capita Income - for the US it is about $30k/person
  • Gross National Income - is GDP + factor incomes [2]

Empoyment as function of GDP

  • Per capita income is national income divided by population [3]
  • National income is GDP + salary + rent + profit. [4]
  • Per capita income is thus >> salary.
  • Average us salary is $31k. [5]
  • Lower, mid, upper income - per person is about <30 for lower, >80 for upper.
  • Average houshold (2.2) is 68k - so this checks out with average income.
  • Distribution - shocking that 10% are above 200k! That's a lot of wealth at the top, skewing median to a much higher mean.

Usincomedist.png - 2019, source [6]

  • Maysville, Missouri, statistics - [7]