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AZ per capita personal income still far below average.(Quarterly Economic Forecast)

Publication: AZB/Arizona Business
Publication Date: 01-AUG-04
Format: Online - approximately 1728 words
Delivery: Immediate Online Access

Article Excerpt
Arizona continues to lag behind other western states and the national average on such measures as average wage per job and per capita personal income. Both metropolitan and nonmetropolitan areas in Arizona compare unfavorably.

Personal income and employment data through 2002 by county and...

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...metropolitan area recently were released by the U.S. Department of Commerce's Bureau of Economic Analysis. This article focuses on two measures: average wage per job and per capita personal income (PCPI).

The average wage per job and PCPI are considerably higher in metropolitan areas than in nonmetropolitan areas nationally and in Arizona. Nationally, the average wage in metro areas in 2002 was 44 percent higher than in nonmetro areas. The PCPI differential was 39 percent.

The federal government designates six counties in Arizona to be metropolitan: Maricopa and Pinal (the Phoenix-Mesa-Scottsdale metro area), Pima (Tucson), Yuma (Yuma), Coconino (Flagstaff), and Yavapai (Prescott). Arizona's five micropolitan areas include six other counties, which are considered to be nonmetropolitan.

AVERAGE WAGE PER JOB

The average wage per job is calculated as total wages and salaries divided by wage and salary employment. The number of hours worked is not taken into consideration. Those working for themselves and certain other members of the work force are not included. A person working more than one job is counted more than once in the employment figures.

Several factors affect the average wage of an area, including industrial mix, occupational mix, work force demographics (such as educational attainment and years of experience), the number...

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