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AUGUSTA-AIKEN
MSA INCOME MEASURES
The per capita income will increase by 21.7% by
the year 2005 and will continue to increase, while
the mean household income is in an upward increase
to 23.6% for the year 2005. The total earnings for
the MSA will also increase by 10.5% by the year
2005.
For
the purposes of this study, employees’ earnings
are defined as the sum of wages and salaries, other
labor income and proprietors’ income. Mean household
income is defined as total personal income less
estimated income of group quarters population divided
by the number of households. Per Capita income is
computed by dividing the personal income of an area
by its population. Personal income is the sum of
a resident’s net earnings, transfer payments, dividends,
interest and rent in thousands of current dollars.


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