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Tuesday, December 15, 2020 Contact: Jeannine Aversa, (301) 278-9003 Real Personal Income by Metropolitan Area, 2019 The percent change in real metropolitan area personal income ranged from 7.6 percent in HanfordCorcoran, CA, to –3.2 percent in Panama City, FL, and Wheeling, WV-OH. • Large metropolitan areas—those with populations greater than two million—with the fastest growth in real personal income were Austin-Round Rock-Georgetown, TX (5.3 percent), Denver-AuroraLakewood, CO (4.0 percent), and Riverside-San Bernardino-Ontario, CA (3.7 percent). • Large metropolitan areas with the slowest growth in real personal income were Miami-Fort Lauderdale-Pompano Beach, FL (1.4 percent), Chicago-Naperville-Elgin, IL-IN-WI (1.4 percent), and Detroit-Warren-Dearborn (1.4 percent). Regional price parities (RPPs) measure the differences in price levels across metropolitan areas for a given year and are expressed as a percentage of the overall national price level. • Large metropolitan areas with the highest RPPs were San Francisco-Oakland-Berkeley, CA (134.5), New York-Newark-Jersey City, NY-NJ-PA (125.7), and Los Angeles-Long Beach-Anaheim, CA (118.8). • Large metropolitan areas with the lowest RPPs were Cleveland-Elyria, OH (89.9), St. Louis, MO-IL (90.1), and Cincinnati, OH-KY-IN (90.6). • Across large metropolitan areas, San Francisco-Oakland-Berkeley, CA, had the highest RPP for housing rents (200.3), and Cleveland-Elyria, OH, had the lowest (76.3). Bureau of Economic Analysis statistics—including gross domestic product, personal income, balance of payments, foreign direct investment, input-output data, and economic data for states, local areas, and industries—are available at www.bea.gov. E-mail alerts are also available. Note. Real personal income by state and metropolitan area for 2020 will be released on December 14, 2021.
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