Information from the Bureau of Economic Analysis (BEA)
The Bureau of Economic Analysis (BEA) annually produces income estimates for states and counties.
The BEA makes estimates of total personal income and
of personal income aggregates by source. We use BEA data in two ways. First, the
growth of personal income and the proportion
of total income derived from government transfers are used as
predictor variables in the model of county median household income. Second, we use the data to
categorize counties by growth in personal income per household and use those data for model evaluations.