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Porter County has eighth highest per capita income in Indiana
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Porter County has eighth highest per capita income in Indiana

Porter County has eighth highest per capita income in Indiana

The Porter County Government Center on Indiana Ave. in Valparaiso.

Porter County has the eighth highest per capita income in Indiana, according to a recent report from the U.S. Bureau of Economic Analysis.

The average resident in Porter County earned $46,965 a year in 2016, the most recent year for which data is available, up 2.6 percent from $45,766 in 2015.

Nationally, per capita personal income — income divided by population — grew 2.5 percent in metropolitan areas during that period and by 1 percent in less populous rural areas, according to the U.S. Bureau of Economic Analysis.

LaPorte County outpaced the nation with an even more robust growth of 3.2 percent to $38,216 a year of per capita income in 2016. That placed LaPorte County 53 out of Indiana's 92 counties in per capita personal income.

Lake County, the most urbanized area in Northwest Indiana with pockets of poverty in its northern cities and relatively more affluent suburbs, ranked 33rd statewide with $40,628 in per capita personal income, according to the U.S. Bureau of Economic Analysis. It grew by 2.4 percent in 2016 after a much stronger jump of 4.7 percent the previous year.

Jobs in neighboring Chicago continued to pay significantly more than in Northwest Indiana, with a per capita personal income of $56,669 in Cook County in 2016, up 2.1 percent over 2015.

The U.S. Bureau of Economic Analysis reported personal income grew by 0.8 percent nationally in the third quarter of 2017, and by 0.7 percent in Indiana and 0.6 percent in neighboring Illinois.


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Business Reporter

Joseph S. Pete is a Lisagor Award-winning business reporter who covers steel, industry, unions, the ports, retail, banking and more. The Indiana University grad has been with The Times since 2013 and blogs about craft beer, culture and the military.

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