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• In ten years King County Local Regular Property Taxes (home taxes) went up 100.3%! An annual growth rate of 7.2%, (blue line).

• King County is one of 39 counties in Washington. It is part of the Seattle-Bellevue-Everett Metropolitan Area. Its 2000 population of 1,737,290 ranked 1th in the State.
  King County Per Capita Personal Income (PCPI)
  Over the past 10 years county PCPI went up an average of 5.9% each year. State wide PCPI rose 4.5%, 4.2% nation wide.
  The PCPI was $25,723 in 1990 ranking 1th in the State.
  By 2000, the PCPI was $45,536 ranking 1th in the State, 146% of the State average of $31,230, 155% of the national average of $29,469.
• King County Total Personal Income (TPI)
  Over the past 10 years the average annual growth rate of TPI was 7.3%. The average annual growth rate for the State was 6.5%, 5.5% nation wide.
  In 1990, the TPI was $39,026,631* ranking 1th in the State.
  By 2000, TPI was $79,109,294* ranking 1th in the State, 42.9% 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 county residents.
  Earnings were 70.9% of TPI in 1990. By 2000, earnings were 75.4% of TPI. Dividends, interest, and rent were 17.2 % (compared with 20.0% in 1990); and transfer payments were 7.4% (compared with 9.1% in 1990).
  From 1990 to 2000, earnings increased on average 8.0% each year; dividends, interest, and rent increased on average 5.7%; and transfer payments increased on average 5.1%.

• EARNINGS BY INDUSTRY
  Earnings of persons employed in King County increased from $33,398,603* in 1990 to $71,151,919* in 2000, an average annual growth rate of 7.9%.
  The largest industries in 2000 were services, 38.9% of earnings; durable goods manufacturing, 10.0%; and retail trade, 8.5%.
  In 1990, the largest industries were services, 26.0% of earnings; durable goods manufacturing, 17.6%; and state and local government, 9.2%.
  Of the industries that accounted for at least 5% of earnings in 2000, the slowest growing from 1990 to 2000 was durable goods manufacturing which increased at an average annual rate of 1.9%; the fastest was services which increased at an average annual rate of 12.3%.

* 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

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This page last modified on 10/20/2002