ISLAND COUNTY
LOCAL
REGULAR PROPERTY TAXES FROM 1991 to 2001
- In ten years Island County Local Regular Property Taxes
(home taxes) went up 121.9%! An anual growth rate of 8.3%,
(blue line).
- Island County is one of 39 counties in
Washington State. It is part of a Metropolitan Area. Its 1999 population of
73,490 ranked 13th in the State.
Island County Per Capita Personal
Income (PCPI)
Over the past 10 years county PCPI went up
an average of 4.2% each year. State wide PCPI rose 5.0%, 4.4% nation
wide.
The PCPI was $17,185 in 1989 ranking 7th in the State.
By 1999, the
PCPI was $25,834 ranking 5th in the State, 85% of the State average of $30,380,
90% of the national average of $28,546.
- Island County Total Personal Income (TPI)
Over the past 10 years the average annual growth rate of TPI was
6.7%. The average annual growth rate for the State was 7.0%, 5.4% nation
wide.
In 1989, the TPI was $988,003* ranking 13th in the State.
By 1999,
TPI was $1,898,515* ranking 13th in the State, 1.1% of the State
total.
- COMPONENTS OF TOTAL PERSONAL INCOME (TPI)
TPI includes the earnings (wages and salaries, other labor income,
and proprietors's income); dividends, interest, and rent; and transfer payments
received by the residents of Island County.
Earnings were 61.5% of TPI in
1989. By 1999, earnings were 62.6% of TPI. Dividends, interest, and rent were
27% (compared with 25.5% in 1989); and transfer payments were 10.4% (compared
with 9.4% in 1989).
From 1989 to 1999, earnings increased on average 6.3%
each year; dividends, interest, and rent increased on average 7.4%; and
transfer payments increased on average 7.8%.
- EARNINGS BY INDUSTRY
Earnings of
persons employed in Island County increased from $565,648* in 1989 to $913928*
in 1999, an average annual growth rate of 4.9%.
The largest industries in
1999 were military, 43.0% of earnings; services, 12.4%; state and local
government, 11.1%.
In 1989, the largest industries were military, 51.7% of
earnings; services, 10.7%; state and local government, 11.1%; and retail trade,
13.8%.
Of the industries that accounted for at least 5% of earnings in 1999,
the slowest growing from 1989 to 1999 was militiary; the fastest was state and
local government which increased at an average annual rate of 7.2%.
* All income estimates with the exception of
PCPI are in thousands of dollars.
County information furnished by Regional
Economic Information System Bureau of Economic Analysis.
(http://www.bea.gov/bea/regional/bearfacts/bf10/53/index.htm)
Chart
furnished by Washington State Office of Program
Research.
(http://www.leg.wa.gov/house/opr/)
ACTS
Anonymous Citizens for Tax Sanity
409 Q St.
Port Townsend
WA 98368
Phone: 360-385-0786
E-Mail
to dwren@olympus.net |