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State Population & Personal Income: 2010-2015
December 2015. Using new 2015 U.S. by state demographic and income data .. and trend analysis .. this section focuses on tools and data resources that you can use to examine selected U.S. by state 2015 demographic-economic characteristics. Aside from using predictive models, data on U.S. by state conditions, enabling trend analysis, cannot be developed until December of the corresponding year. ProximityOne integrates these and related other data into the Situation & Outlook database and information system. These data are part of the current/historical "hard data" used in our models to develop projections and perform predictive analyses -- a constantly changing process. Relating State Population and Personal Income Estimates Census-sourced state-level 2015 population estimates became available in December 2015. Separately, state-level 2015 3rd quarter personal income estimates became available from the Bureau of Economic Analysis in December 2015. See more about these data below in this section. ProximityOne develops a 2015 mid-year state per capita personal income (PCPI) by blending the two above sources. Tools to use those and related underlying data are reviewed below. To develop the 2015 mid-year PCPI we use the Census 2015 population estimate (denominator) and an estimate based of the BEA 2015 annual total personal income based on the 2015 quarterly data (numerator). These state PCPI estimates are provisional and in advance of the annual state PCPI to be released in 2016. Patterns of 2015 State PCPI & Population The graphic below shows a thematic pattern map 2015 PCPI by state. Blue states have the highest levels of 2015 state PCPI. Click graphic for larger view with legend and details. States are labeled with the population percent change from 2010 to 2015. It is easy to see how state(s) are changing with respect to population and "where they stand" with regard to PCPI. Using the related GIS project, a very wide range of alternative views and analyses can be performed.  View created with CV XE GIS. Click graphic for larger view. • See Similar view but labels showing 2015 population in millions rather than population percent change. .. create this view easily by clicking one layer in the legend panel and clicking-on a different layer. • See Similar view but labels showing 2015 PCPI. .. create this view easily by modifying label attribute of third layer from top (also renamed) using layer editor. Using State Profiles The state profiles (click link in table below to view a state profile) show how an individual state's population and components of change (births, deaths, migration) have changed annually 2010-2015. Viewing the data organized in this manner may provide insights less apparent in other layouts. Data are presented in a time series manner progressing from left to right, on a continuum, from 2010 to 2015. Possible patterns and trends may be more apparent in this layout compared to alternative layouts. Viewing the North Carolina profile, it can be seen that the population has increased from 9,558,979 (2010) to 10,042,802 (2015). The table shows this is an increase of 483,823 population (5.06%) during the period. It is easy to see what components are contributing to this change and by how much. While the birth rate declines some, births per year have remained around 120,000 per year. Both the death rate and deaths per year have increased some during the period. The natural increase remains large and stable. The most important factor responsible change has been migration, with international and domestic migration continuing to increase annually. North Carolina's net migration rate in 2015 (2014-2015) was 6.33%; it ranked 12th in the U.S. with Florida ranked at number 1 with 16.53%. 19 states experienced negative net migration rate in 2015 led by Alaska and Illinois. Interactive Table Use the interactive table to view, query, rank, compare 2015 population and per capita personal income by state. Click link in State column to view state demographic trend profile. State Population and Per Capita Personal Income: 2010-2015 Click ShowAll button between Find/Queries. See usage notes below table. Use mouseover on column header to view column description. See related tables -- http://proximityone.com/rankingtables.htm. Usage Notes Click ShowAll button between Find/Queries. Click column header cell to sort; click again to sort in other direction. &nsbp; Click Show PCPI button below table to view all PCPI columns. Use mouseover on column header to view column description. U.S. by State 2015 Population & Per Capita Personal Income GIS Project/Datasets 1. Install the ProximityOne CV XE GIS ... omit this step if CV XE GIS software already installed. ... run the CV XE GIS installer ... take all defaults during installation 2. Download the States 2015 GIS project fileset ... requires ProximityOne User Group ID (join now) ... unzip States 2015 GIS project files to local folder c:\states2015 3. Open the c:\states2015\states2015a gis project ... after completing the above steps, click File>Open>Dialog ... open the file named c:\states2015\states2015a.gis 4. Done. The start-up view is similar to the graphic shown at the top of this section. Annual State Total Population Estimates Developing data to examine population change may seem simple, but it is not. The Census Bureau, developer of the official population estimates/counts, operates a continuing annual program to prepare the latest population estimates. A cycle, of sorts, starts in December of the current estimate years -- national level 2015 total population estimates (data for July 1, 2015) are released in December 2015 (corresponding 2016 data will be released in December 2016). National level total population estimates are accompanied by 2015 components of change estimates (births, deaths and migration) and the estimated population 18 years and over. More detailed, model-based, state and county estimates are developed in a progression of steps during January through June of the next year/2016. Here we look only at the estimates released in December 2015. Annual State Personal Income Estimates Population data alone do not provide insights into economic conditions. The Bureau of Economic Analysis (BEA) develops quarterly and annual estimates of state personal income. Personal income is the income received by all persons from all sources. Personal income is the sum of net earnings by place of residence, property income, and personal current transfer receipts. The state personal income data provide a framework for analyzing current economic conditions in each state. Similar to the population data developed by Census, BEA has a progressive annual program to develop state personal income; the 3rd quarter 2015 estimates were released in December 2015. 2015 annual estimates will not be available until later in 2016. ProximityOne User Group Join the ProximityOne User Group to keep up-to-date with new developments relating to metros and component geography decision-making information resources. Receive updates and access to tools and resources available only to members. Use this form to join the User Group. Support Using these Resources Learn more about accessing and using demographic-economic data and related analytical tools. Join us in a Data Analytics Lab session. There is no fee for these one-hour Web sessions. Each informal session is focused on a specific topic. The open structure also provides for Q&A and discussion of application issues of interest to participants. Additional Information ProximityOne develops geodemographic-economic data and analytical tools and helps organizations knit together and use diverse data in a decision-making and analytical framework. We develop custom demographic/economic estimates and projections, develop geographic and geocoded address files, and assist with impact and geospatial analyses. Wide-ranging organizations use our tools (software, data, methodologies) to analyze their own data integrated with other data. Follow ProximityOne on Twitter at www.twitter.com/proximityone. Contact us (888-364-7656) with questions about data covered in this section or to discuss custom estimates, projections or analyses for your areas of interest. |
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