Per capita income in Missouri was $55,159 in 2021, a 6.7 percent increase from 2020. The District of Columbia again led the nation in per capita income at $96,873, followed by Massachusetts, Connecticut, New York, and California. The per capita income for the U.S. was $63,444 in 2021.
Missouri’s per capita income growth generally tracks with the national average. The 2021 annual growth rate of 6.7 percent is 0.6 percentage points lower than that of the national average. California and Nebraska had the highest per capita income annual growth at 9.2 percent. States that also had relatively high levels of per capita income growth in 2021 included Indiana (8.6%), South Dakota (8.5%), North Dakota (8.3%), Florida (8.3%) and Illinois (8.3%). In this analysis, per capita income is presented in nominal dollars which means it has not been adjusted for inflation.
In 2021, Missouri’s total personal income was $340.23 billion, a 7.0 percent increase over 2020. The nation’s personal income increased 7.4 percent to $21.06 trillion. California led the nation in total personal income with more than $2.997 trillion. Texas, New York, Florida, and Illinois round out the top five.
Net earnings accounted for 59 percent of Missouri personal income in 2021. Transfer payments accounted for 24 percent and dividends, interest and rent accounted for 17 percent. In the U.S., 61 percent of personal income was accounted for by net earnings, 22 percent by transfer payments and 17 percent by dividends, interest and rent.
The dashboard below can be used to see income data and trends for 2021, 2020, 2019, and 2018 using interactive filters by selecting a desired year. A data table for further analysis can be downloaded as an Excel file by clicking here.
Source: U.S. Bureau of Economic Analysis
Note: All dollar estimates are in current dollars (not adjusted for inflation). Calculations are performed on unrounded data.
Last updated: March 23, 2022—preliminary statistics for 2021; revised statistics for 2010-2020.