Montana vs. United States
Comparative Trends Analysis:
Total Personal Income Growth and Change, 1958-2020
Introduction
Montana vs. United States
Montana:
2020 TPI = $57,626,365K
2020 Percent of U.S. = 0.3%
U.S.:
2020 TPI = $19,679,715,147K
The annual total personal incomes (TPI) estimates compiled by the Bureau of Economic Analysis, (BEA) are among the most comprehensive, consistent, comparable and timely measures of economic activity available statewide and at the national levels. Personal income estimates are also the best available local level indicator of general purchasing power, and are therefore central to tracking and comparing state patterns of economic growth and change.
The following graphs highlight trends in the pattern of growth and change in the total personal income of Montana. The data used are those compiled by the Regional Income and Product Divisions of the Bureau of Economic Analysis, U.S. Department of Commerce. The 2012 constant dollar (real) estimates of total personal income reported in the tables and portrayed graphically below are determined using the Implicit Price Deflator for Personal Consumption.
Data Definition:
Personal Income is the income that is received by all persons from all sources. It is calculated as the sum of wage and salary disbursements, supplements to wages and salaries, proprietors' income with inventory valuation and capital consumption adjustments, rental income of persons with capital consumption adjustment, personal dividend income, personal interest income, and personal current transfer receipts, less contributions for government social insurance. The personal income of an area is the income that is received by, or on behalf of, all the individuals who live in the area; therefore, the estimates of personal income are presented by the place of residence of the income recipients.

Interactive TableTip: To augment your analysis click on the column headers in the following table to rank and/or sort the data.

   
 
Montana:
Total Personal Income, 1958-2020
 
1958
 
1,414,319
0.160
8,856,654
100.0
N
0.38
1959
 
1,392,360
0.162
8,591,103
97.0
-3.00
0.35
1960
 
1,451,336
0.165
8,810,393
99.5
2.55
0.35
1961
 
1,454,604
0.166
8,739,510
98.7
-0.80
0.33
1962
 
1,701,348
0.168
10,103,617
114.1
15.61
0.37
1963
 
1,691,552
0.170
9,926,948
112.1
-1.75
0.35
1964
 
1,727,501
0.173
9,993,064
112.8
0.67
0.33
1965
 
1,856,335
0.175
10,585,852
119.5
5.93
0.33
1966
 
1,989,521
0.180
11,065,805
124.9
4.53
0.32
1967
 
2,029,128
0.184
11,009,321
124.3
-0.51
0.31
1968
 
2,128,349
0.192
11,112,933
125.5
0.94
0.30
1969
 
2,350,491
0.200
11,743,647
132.6
5.68
0.30
1970
 
2,604,190
0.210
12,429,908
140.3
5.84
0.30
1971
 
2,787,297
0.218
12,761,765
144.1
2.67
0.30
1972
 
3,230,256
0.226
14,302,028
161.5
12.07
0.32
1973
 
3,745,221
0.238
15,734,900
177.7
10.02
0.33
1974
 
4,069,917
0.263
15,486,747
174.9
-1.58
0.33
1975
 
4,478,717
0.285
15,731,356
177.6
1.58
0.33
1976
 
4,806,477
0.300
16,004,519
180.7
1.74
0.32
1977
 
5,197,877
0.320
16,250,475
183.5
1.54
0.31
1978
 
6,090,546
0.342
17,802,888
201.0
9.55
0.33
1979
 
6,548,668
0.373
17,579,845
198.5
-1.25
0.32
1980
 
7,211,128
0.413
17,476,438
197.3
-0.59
0.31
1981
 
8,194,340
0.450
18,226,656
205.8
4.29
0.32
1982
 
8,635,647
0.475
18,197,166
205.5
-0.16
0.31
1983
 
9,076,888
0.495
18,346,784
207.2
0.82
0.31
1984
 
9,602,766
0.513
18,703,165
211.2
1.94
0.29
1985
 
9,738,412
0.531
18,328,023
206.9
-2.01
0.28
1986
 
10,125,627
0.543
18,650,998
210.6
1.76
0.27
1987
 
10,398,004
0.560
18,579,808
209.8
-0.38
0.26
1988
 
10,687,855
0.582
18,379,486
207.5
-1.08
0.25
1989
 
11,775,559
0.607
19,402,799
219.1
5.57
0.26
1990
 
12,378,011
0.634
19,537,544
220.6
0.69
0.25
1991
 
13,196,264
0.655
20,155,276
227.6
3.16
0.26
1992
 
14,013,952
0.672
20,848,511
235.4
3.44
0.26
1993
 
15,163,358
0.689
22,010,332
248.5
5.57
0.27
1994
 
15,585,255
0.703
22,160,181
250.2
0.68
0.26
1995
 
16,415,894
0.718
22,859,860
258.1
3.16
0.26
1996
 
17,203,322
0.733
23,455,024
264.8
2.60
0.26
1997
 
17,939,129
0.746
24,039,678
271.4
2.49
0.25
1998
 
19,182,224
0.752
25,502,850
288.0
6.09
0.25
1999
 
19,592,180
0.763
25,665,042
289.8
0.64
0.24
2000
 
20,871,945
0.782
26,678,526
301.2
3.95
0.24
2001
 
21,753,390
0.797
27,281,083
308.0
2.26
0.24
2002
 
22,359,888
0.808
27,676,897
312.5
1.45
0.24
2003
 
23,980,935
0.824
29,117,918
328.8
5.21
0.25
2004
 
25,967,935
0.844
30,763,686
347.4
5.65
0.26
2005
 
28,000,613
0.868
32,254,312
364.2
4.85
0.26
2006
 
30,402,304
0.892
34,093,238
384.9
5.70
0.27
2007
 
32,716,567
0.914
35,780,055
404.0
4.95
0.27
2008
 
34,421,359
0.942
36,548,481
412.7
2.15
0.28
2009
 
33,711,467
0.941
35,827,435
404.5
-1.97
0.28
2010
 
35,561,830
0.957
37,157,756
419.5
3.71
0.28
2011
 
38,077,749
0.981
38,802,977
438.1
4.43
0.29
2012
 
40,471,028
1.000
40,471,028
457.0
4.30
0.29
2013
 
40,720,780
1.013
40,179,958
453.7
-0.72
0.29
2014
 
42,817,532
1.028
41,639,144
470.1
3.63
0.29
2015
 
44,956,123
1.030
43,628,508
492.6
4.78
0.29
2016
 
45,822,495
1.041
44,008,889
496.9
0.87
0.28
2017
 
48,623,308
1.060
45,877,970
518.0
4.25
0.29
2018
 
51,117,360
1.082
47,226,379
533.2
2.94
0.29
2019
 
53,168,005
1.099
48,400,110
546.5
2.49
0.29
2020
 
57,626,365
1.112
51,843,717
585.4
7.11
0.29
Source: Calculations by the United States Regional Economic Analysis Project (US-REAP)
with data provided by the U.S. Department of Commerce, Bureau of Economic Analysis
April 2021
REAP_PI_SA1400_300_PN
 
   

Interactive TableTip: To augment your analysis click on the column headers in the following table to rank and/or sort the data.

   
 
United States:
Total Personal Income, 1958-2020
 
1958
 
376,151,280
0.160
2,355,509,299
100.0
N
1959
 
400,328,786
0.162
2,470,098,019
104.9
4.86
1960
 
417,700,000
0.165
2,535,664,421
107.6
2.65
1961
 
436,047,000
0.166
2,619,844,989
111.2
3.32
1962
 
464,000,000
0.168
2,755,508,047
117.0
5.18
1963
 
487,780,000
0.170
2,862,558,685
121.5
3.88
1964
 
522,633,000
0.173
3,023,271,823
128.3
5.61
1965
 
564,444,000
0.175
3,218,772,810
136.6
6.47
1966
 
612,713,000
0.180
3,407,937,038
144.7
5.88
1967
 
656,828,000
0.184
3,563,713,309
151.3
4.57
1968
 
720,877,000
0.192
3,763,977,653
159.8
5.62
1969
 
791,229,000
0.200
3,953,180,115
167.8
5.03
1970
 
855,525,000
0.210
4,083,456,637
173.4
3.30
1971
 
924,613,000
0.218
4,233,382,171
179.7
3.67
1972
 
1,016,408,000
0.226
4,500,168,246
191.0
6.30
1973
 
1,133,468,000
0.238
4,762,070,414
202.2
5.82
1974
 
1,244,912,000
0.263
4,737,108,067
201.1
-0.52
1975
 
1,362,505,000
0.285
4,785,756,937
203.2
1.03
1976
 
1,495,704,000
0.300
4,980,367,608
211.4
4.07
1977
 
1,651,632,000
0.320
5,163,609,079
219.2
3.68
1978
 
1,855,849,000
0.342
5,424,714,273
230.3
5.06
1979
 
2,073,257,000
0.373
5,565,641,191
236.3
2.60
1980
 
2,313,160,000
0.413
5,606,029,761
238.0
0.73
1981
 
2,592,915,000
0.450
5,767,416,255
244.8
2.88
1982
 
2,779,794,000
0.475
5,857,623,904
248.7
1.56
1983
 
2,968,676,000
0.495
6,000,477,018
254.7
2.44
1984
 
3,279,488,000
0.513
6,387,410,163
271.2
6.45
1985
 
3,510,471,000
0.531
6,606,826,138
280.5
3.44
1986
 
3,719,647,000
0.543
6,851,440,413
290.9
3.70
1987
 
3,946,593,000
0.560
7,052,020,942
299.4
2.93
1988
 
4,267,813,000
0.582
7,339,191,072
311.6
4.07
1989
 
4,609,667,000
0.607
7,595,430,878
322.5
3.49
1990
 
4,897,821,000
0.634
7,730,756,846
328.2
1.78
1991
 
5,067,291,000
0.655
7,739,512,471
328.6
0.11
1992
 
5,409,920,000
0.672
8,048,320,390
341.7
3.99
1993
 
5,648,732,000
0.689
8,199,401,963
348.1
1.88
1994
 
5,940,128,000
0.703
8,446,079,909
358.6
3.01
1995
 
6,286,143,000
0.718
8,753,732,715
371.6
3.64
1996
 
6,673,186,000
0.733
9,098,227,579
386.3
3.94
1997
 
7,086,935,000
0.746
9,496,984,844
403.2
4.38
1998
 
7,601,594,000
0.752
10,106,352,372
429.1
6.42
1999
 
8,001,563,000
0.763
10,481,756,137
445.0
3.71
2000
 
8,650,325,000
0.782
11,056,847,958
469.4
5.49
2001
 
9,001,839,000
0.797
11,289,271,113
479.3
2.10
2002
 
9,155,663,000
0.808
11,332,808,922
481.1
0.39
2003
 
9,480,901,000
0.824
11,511,815,488
488.7
1.58
2004
 
10,028,781,000
0.844
11,880,893,485
504.4
3.21
2005
 
10,593,946,000
0.868
12,203,319,818
518.1
2.71
2006
 
11,372,589,000
0.892
12,753,256,555
541.4
4.51
2007
 
12,002,204,000
0.914
13,126,057,000
557.2
2.92
2008
 
12,438,527,000
0.942
13,207,185,177
560.7
0.62
2009
 
12,051,307,000
0.941
12,807,731,630
543.7
-3.02
2010
 
12,541,995,000
0.957
13,104,848,232
556.3
2.32
2011
 
13,315,478,000
0.981
13,569,084,183
576.1
3.54
2012
 
13,998,383,000
1.000
13,998,383,000
594.3
3.16
2013
 
14,175,503,000
1.013
13,987,234,819
593.8
-0.08
2014
 
14,982,715,000
1.028
14,570,373,432
618.6
4.17
2015
 
15,717,140,000
1.030
15,252,991,470
647.5
4.68
2016
 
16,151,881,000
1.041
15,512,606,487
658.6
1.70
2017
 
16,937,582,000
1.060
15,981,263,210
678.5
3.02
2018
 
17,839,255,000
1.082
16,481,356,073
699.7
3.13
2019
 
18,542,262,000
1.099
16,879,465,822
716.6
2.42
2020
 
19,679,715,147
1.112
17,704,909,537
751.6
4.89
Source: Calculations by the United States Regional Economic Analysis Project (US-REAP)
with data provided by the U.S. Department of Commerce, Bureau of Economic Analysis
April 2021
REAP_PI_SA1400_300_PN
 
   
Copyright © 2021. Pacific Northwest Regional Economic Analysis Project (PNREAP). All Rights Reserved.

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