20 - Year Growth Plan - City of Kendleton

Fort Bend County had a per capita personal income (PCPI) of $45,798 in 2010. This led to a ranking of10th among the 254 Texas counties that year. This number represents 119 percent of the state averageof $38,609, and 116 percent of the national average, $39,635. This 2010 PCPI for Fort Bend Countyrepresents a decrease of 2.0 perfect from 2008, a smaller decrease than experienced by the state wherethe growth rate was ‐3.1 percent or the national change of ‐2.6 percent. In 1999 the Fort Bend PCPI was$30,328, which ranked 11th in the state. The 1999‐2010 average annual growth rate of PCPI for FortBend County was 4.2 percent. The average annual growth rate for the state was 3.9 percent and 3.4percent for the nation.Total person income (TPI) is “a widely used measure of regional economic health while per capitaincome is generally used to compare the relative well‐being of residents across areas. The personalincome of an area is the income that is received by, or on behalf of, all the individuals who live in thearea; therefore, the estimates of personal income are presented by the place of residence of the incomerecipients”. 4 Total personal income for Texas and counties in the Houston‐Galveston Area Council ofGovernments region are shown in Figure 8.Figure 8: Total Personal IncomeArea2009 TPI(thousands)United StatesTPI % Increase2008‐20091999 TPI(thousands)1999‐2009 Average annualgrowth rate of TPI$12,168,161,000 -1.7 $7,906,131,000 4.4Texas $956,807,519 -1.2 $542,719,630 5.8Austin $1,061,431 0.1 $579,583 6.2Brazoria $11,602,475 1.3 $5,988,589 6.8Chambers $1,422,461 5.4 $661,772 8.0Colorado $754,236 -0.4 $458,492 5.1Fort Bend $25,503,482 2.4 $10,413,675 9.4Galveston $11,937,436 -1.1 $6,810,547 5.8Harris $196,779,227 -4.0 $109,864,459 6.0Liberty $2,555,939 unchanged $1,378,555 6.4Matagorda $1,124,476 1.5 $783,322 3.7Montgomery $20,366,481 2.0 $8,510,524 9.1Walker $1,607,591 3.9 $975,098 5.1Waller $1,234,627 unchanged $606,750 7.4Wharton $1,369,401 -0.5 $886,172 4.4Source: Bureau of Economic AnalysisIn 2010 Fort Bend county had a total personal income (TPI) of $25,503,482*. This TPI ranked 8th in thestate and accounted for 2.7 percent of the state total. In 1999 the TPI of Fort Bend county was4 Bureau of Economic Analysis. 2008.*Total Personal Income estimates are in thousands of dollars, not adjusted for inflation.14