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Author Topic: Disposable income by state  (Read 4254 times)

JonM

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Disposable income by state
« on: July 18, 2003, 05:28:28 pm »

http://www.bea.doc.gov/bea/regional/spi/default.cfm
There is just a wealth of data at this url.  The disposable income data goes back to 1948.  If someone wants to take the time, there's tons of info on how much people are making from particular industries etc.  Go to town.

For the year 2002, Per capita disposable income per state, rankings based on nationwide position including Wash D.C.:
        
7New Hampshire$30,344
11Alaska$28,741
14Delaware$28,492
18Wyoming$26,818
25Vermont$26,169
35North Dakota$24,463
36South Dakota$24,463
37Maine$24,443
45Montana$22,365
46Idaho$22,340

Missisippi was 51st at $20,410.

Wyoming does better than I thought it would, and it's been slowly catching up over the years.  In 2002 the national average was $27,083.

From 1992 to 2002, NH went from 6.97% over in 92 to 12.04% over in 2002.  During the same period WY went from 5.8% under in 1992 to 0.98% under in 2002.  Wyoming was always under it, New Hampshire was always over, but way to catch up to the national average Wyoming!

In 93 NH had its worst year, 5.29% over.  96 was WY's worst at 10.38% under.

Idaho was pathetic the entire time.  18.24% under in 92, and 17.51% under in 2002.  Between then it was as good as 15.52% under in 93.

*edit to fix table format
« Last Edit: July 18, 2003, 05:37:18 pm by JonM »
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Mickey

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Re:Disposable income by state
« Reply #1 on: July 18, 2003, 06:04:50 pm »

New Hampshire just sounds better and better! ;)
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jenlee

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Re:Disposable income by state
« Reply #2 on: July 18, 2003, 08:03:07 pm »

Alaska rules  ;D
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Kelton Baker

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Re:Disposable income by state
« Reply #3 on: July 18, 2003, 08:38:06 pm »

Out of curiosity, I decided to look at this disposable income per capita from another angle. . .

So I took the 2000 Census number of eligible voters only (since, I reason, eligible voters also represent people who are earning incomes). . .

Eligible voter population (2000)
Wyoming - 364,909 
Alaska - 436,215
Vermont - 461,304
North Dakota - 481,351
South Dakota - 552,195
Delaware - 589,013
Montana -672,133  
Idaho - 924,923
New Hampshire - 926,224
Maine - 973,685


Plugged them into the same corresponding 2000 data from the BEA govt. site and the four top states remained impressively high, but the other states shifted around a bit. . .


Disposable income per eligible voter, listed by rank

New Hampshire - 37,950
Alaska - 37,696
Delaware -  35,014
Wyoming - 32,219
South Dakota - 31,649
Vermont - 31,209
North Dakota - 29,701
Idaho - 29,066
Maine -  28,945
Montana - 27,003



35
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JonM

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Re:Disposable income by state
« Reply #4 on: July 18, 2003, 09:32:30 pm »

Out of curiosity, I decided to look at this disposable income per capita from another angle. . .

So I took the 2000 Census number of eligible voters only (since, I reason, eligible voters also represent people who are earning incomes). . .


Not in MY commonwealth.  The ones voting to raise taxes aren't the ones paying them.  1 million people voted to keep taxes at 5.85% in MA and 1,433 came through and paid at 5.85% for last year (who earned less than $25,000 a year each, on average).

I'd say the cooralary goes the other way, while there may be a lot of people who earn incomes not voting, few who don't earn incomes miss voting, and they're not voting our way.

I take it you just took total income divided by voters?

For 2000, total income:
37New Hampshire$35,150,866
41Maine$28,183,643
42Idaho$26,883,721
44Delaware$20,623,553
46Montana$18,149,749
47South Dakota$17,476,375
48Alaska$16,443,579
49Vermont$14,396,799
50North Dakota$14,296,595
51Wyoming$11,757,267

Nice to see at least the states close together in some measure! <G>
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JonM

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Re:Disposable income by state
« Reply #5 on: July 18, 2003, 10:30:25 pm »

More data than I know what to do with.  At the top of the page, click on Detailed income and employment tables by SIC industry 1958–2001.  There is a LOT of data there.  I went with Total full-time and part-time employment by industry, drilled into the total for the US, which will then list it by all the states.

Found total employment data for 2000 to go with this, so:

Disposable income per state per worker in 2000 (full and part time):

StateTotal IncomeEmployeesPer Employee
New Hampshire35,150,866786,283$44,705
Alaska16,443,579396,058$41,518
Delaware20,623,553510,462$40,402
Wyoming11,757,267328,532$35,787
Vermont14,396,799404,540$35,588
Maine28,183,643793,362$35,524
Idaho26,883,721788,419$34,098
South Dakota17,476,375521,336$33,522
Montana18,149,749560,994$32,353
North Dakota14,296,595448,542$31,873

I'm sure the fry cooks at the fast food places are skewing this a bit, but still, probably a better indicator than per voter.

If you change to Full-time and part-time wage and salary employment by industry it adds around $10,000 to each one, but doesn't change the rankings.
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Kelton Baker

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Re:Disposable income by state
« Reply #6 on: July 20, 2003, 03:10:38 am »

There was an ABC 20/20 feature by one of my favorite libertarians, John Stossel; he interviewed people on government welfare and found that all of them had two or more 'luxury' expenses like cell phones, cable television, or an expensive vanity car accessorizing project.

Like Neal Boortz says, "welfare allows you to keep from paying for the essentials, it just puts more discretionary income in your pocket"

Anyways, I was reminded of this conversation about disposable income in that light when I read some state- by- state reports on welfare reform:

---------------------------------------

Alaska

Making Good Progress

http://www.fullemployment.org/pdfreports/Alaska.pdf

Two years ago, the Last Frontier was struggling mightily with its welfare caseload. Ranked 44th in the nation for TANF caseload reduction, the state’s program was not assisting participants become self-sufficient. But now the program is beginning to turn around: Alaska now ranks 35th among all the states and the District of Columbia and caseload reduction hovers near 50%. One note of caution: caseload increased by nearly 5% in the quarter ending Dec 01.

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Delaware

Some Positive Results, But A Long Ways To Go

It’s a small wonder that the First State’s TANF program isn’t more successful: the state’s per capita income is above the national average whereas the state’s unemployment rate is well below it. Despite some innovative program features, Delaware still lags far behind the national average in terms of TANF caseload reduction— although it has moved up a bit in the last two years.

----------------------------------------

Idaho

The Gem State’s Welfare Reform Sparkles

http://www.fullemployment.org/pdfreports/Idaho.pdf

Since October 96 (the start of TANF), Idaho’s caseload reduction percentage stands at 83.9%, ranking second among all the states and the District of Columbia.

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Maine

“Stuck In The Middle”

http://www.fullemployment.org/pdfreports/Maine.pdf

Ranked in the middle of the pack, the Pine Tree State appears to be comfortable with rather mediocre welfare reform success. But here’s a question for “Down-Easterners:” if L.L. Bean (Maine’s most famous retailer renown for excellent customer service) settled for mediocrity in its operations, would it even exist today? Maine faces economic challenges as all natural-resource economy states do, but the state owes it to its citizens and TANF recipients to improve its welfare program.

----------------------------------------

Montana

"Time For A Change"

http://www.fullemployment.org/pdfreports/Montana.pdf

The Treasure State is filled with natural resources and beauty. Its citizens possess an incomparable cando self-sufficient spirit. Yet, welfare caseload reduction in Montana lags behind the national average, and recent TANF caseload increases are alarming. Welfare reform, working hand in hand with economic development, must become a top priority for the Governor and Legislature.

-------------------------------------------

New Hampshire

Moderate Success In The Granite State

http://www.fullemployment.org/pdfreports/NewHampshire.pdf

"Yet, New Hampshire, blessed with not only low unemployment and relatively high per capita income, but also with a great state motto, “Live free or die,”has achieved only moderate welfare reform success.

---------------------------------------------

North Dakota

Significant Successes Are Slowly Being Eroded

http://www.fullemployment.org/pdfreports/NorthDakota.pdf

Are the Peace Garden State’s welfare reform efforts falling to pieces? Not quite, but the situation is not particularly rosy.

--------------------------------------------

South Dakota

Good Progress But An Alarming Recent Trend

http://www.fullemployment.org/pdfreports/SouthDakota.pdf

South Dakota’s welfare caseload reduction has exceeded the national average. Caseload flattened in 2000, however, and recently has begun to rise significantly.

-------------------------------------------

Vermont

Some Success In Spite of Itself

http://www.fullemployment.org/pdfreports/Vermont.pdf

Under AFDC-like waivers until July 2001, the Green Mountain State has only recently implemented a TANF program. As would be expected in a state that very reluctantly accepted TANF, Vermont has set in place the most tepid program imaginable. Despite the timid nature of the program, called Reach Up, the state has seen some promising caseload reduction.

At the end of 1999, Vermont’s welfare caseload reduction was near the bottom. Vermont simply did not appear to be interested in moving welfare clients to self-sufficiency in an efficient manner. As the Legislature and administration began to realize its waivers were to end, debates ensued . . .

-----------------------------------

Wyoming

Number One For Caseload Reduction

http://www.fullemployment.org/pdfreports/Wyoming.pdf

Wyoming's TANF caseload reduction is outstanding, having dropped by almost 93% since Jan 93. Wyoming ranks number one in TANF caseload reduction in the United States. With only one in every 578 Wyomingites on TANF, the state's dependency rate is also the best in the United States.

Wyoming state data now indicates that the state has fewer than 400 TANF cases; caseload workers should be on a first name basis with them.


------------------------------------
Here's the ranking, http://www.fullemployment.org/states.html#chart

Is there anyone wish to extract the rankings for our candidate states and start a thread on the subject to start a dialogue on the subject?
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« Last Edit: July 20, 2003, 03:11:26 am by exitus... »
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robmayn

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Re:Disposable income by state
« Reply #7 on: July 20, 2003, 08:13:49 am »

"Wyoming's TANF caseload reduction is outstanding, having dropped by almost 93% since Jan 93. Wyoming ranks number one in TANF caseload reduction in the United States. With only one in every 578 Wyomingites on TANF, the state's dependency rate is also the best in the United States. "


Though I still lean toward New Hampshire, this is is a HUGE plus for Wyoming.
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