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Metropolitan Area Per Capita Income of SEC Metros
Posted on 1/28/21 at 11:33 am
Posted on 1/28/21 at 11:33 am
2019 Data:
1. Fayetteville- $67,771
2. Nashville- $60.680
3. Lexington- $49,606
4. Baton Rouge- $48,159
5. Knoxville- $47,550
6. Columbia, MO- $47,482
7. Columbia, SC- $46,523
8. Gainesville- $44,880
9. Oxford- $42,905
10. College Station- $41,742
11. Athens- $41,495
12. Auburn- $39,781
13. Tuscaloosa- $39,738
14. Stakville- $35,457
Metro Income Growth Since 2010:
1. Fayetteville- 75.4%
2. Nashville- 45.6%
3. Athens- 41.0%
4. Oxford- 39.2%
5. College Station- 37.5%
6. Knoxville- 37.0%
7. Auburn- 35.6%
8. Columbia, SC- 35.0%
9. Lexington- 33.6%
10. Gainesville- 32.0%
11. Columbia, MO- 30.3%
12. Starkville- 29.8%
13. Baton Rouge- 27.4%
14. Tuscaloosa- 26.0%
Interesting that Nashville, Oxford and Auburn have seen per capita incomes grow by +10% more than their in-state counterparts, Knoxville, Starkville and Tuscaloosa.
Fayetteville is freaking wealthy and incomes are absolutely exploding there.
1. Fayetteville- $67,771
2. Nashville- $60.680
3. Lexington- $49,606
4. Baton Rouge- $48,159
5. Knoxville- $47,550
6. Columbia, MO- $47,482
7. Columbia, SC- $46,523
8. Gainesville- $44,880
9. Oxford- $42,905
10. College Station- $41,742
11. Athens- $41,495
12. Auburn- $39,781
13. Tuscaloosa- $39,738
14. Stakville- $35,457
Metro Income Growth Since 2010:
1. Fayetteville- 75.4%
2. Nashville- 45.6%
3. Athens- 41.0%
4. Oxford- 39.2%
5. College Station- 37.5%
6. Knoxville- 37.0%
7. Auburn- 35.6%
8. Columbia, SC- 35.0%
9. Lexington- 33.6%
10. Gainesville- 32.0%
11. Columbia, MO- 30.3%
12. Starkville- 29.8%
13. Baton Rouge- 27.4%
14. Tuscaloosa- 26.0%
Interesting that Nashville, Oxford and Auburn have seen per capita incomes grow by +10% more than their in-state counterparts, Knoxville, Starkville and Tuscaloosa.
Fayetteville is freaking wealthy and incomes are absolutely exploding there.
Posted on 1/28/21 at 11:50 am to BHMKyle
And if anyone is curious about Per Capita Incomes in the Large Metros inside the SEC footprint, here are these:
1. Austin- $61,977
2. Miami- $60,699
3. Nashville- $60,680
4. Houston- $58890
5. Dallas- $58,725
6. St. Louis- $56,923
7. Kansas City- $55,009
8. Atlanta- $54,557
9. Birmingham- $53,374
10. New Orleans- $52,963
11. Jacksonville- $51,421
12. Louisville- $50,437
13. Tampa- $48908
14. San Antonio- $48,684
15. Memphis- $47,985
16. Orlando- $45,156
Per Capita Income Growth Since 2010:
1. Austin- 52.2%
2. Nashville- 45.3%
3. Dallas- 43.3%
4. Atlanta- 42.2%
5. Miami- 42.2%
6. Birmingham- 35.9%
7. Orlando- 35.8%
8. San Antonio- 35.8%
9. St. Louis- 34.2%
10. Kansas City- 33.8%
11. Louisville- 33.3%
12. Jacksonville- 32.8%
13. Houston- 30.9%
14. Memphis- 30.0%
15. Tampa- 27.3%
16. New Orleans- $24.3%
Interesting how closely yoked St. Louis and Kansas City are in both total income as well as income growth, yet the disparity between Nashville and Memphis is striking and only getting worse.
For being one of the smaller metros on the list that has seen nearly stagnant population growth, Birmingham's overall income (9th out of 16 large metros) and especially its growth (6th out of 16 large metros) is fairly impressive. There is a lot of old money in this town.
San Antonio is the obvious ugly stepchild of Texas.
New Orleans... the ancient jewel of the South... is just on a slow, steady decline compared to the rest of the South. No other major metro in the South saw worse growth in incomes... even Memphis saw better income growth.
1. Austin- $61,977
2. Miami- $60,699
3. Nashville- $60,680
4. Houston- $58890
5. Dallas- $58,725
6. St. Louis- $56,923
7. Kansas City- $55,009
8. Atlanta- $54,557
9. Birmingham- $53,374
10. New Orleans- $52,963
11. Jacksonville- $51,421
12. Louisville- $50,437
13. Tampa- $48908
14. San Antonio- $48,684
15. Memphis- $47,985
16. Orlando- $45,156
Per Capita Income Growth Since 2010:
1. Austin- 52.2%
2. Nashville- 45.3%
3. Dallas- 43.3%
4. Atlanta- 42.2%
5. Miami- 42.2%
6. Birmingham- 35.9%
7. Orlando- 35.8%
8. San Antonio- 35.8%
9. St. Louis- 34.2%
10. Kansas City- 33.8%
11. Louisville- 33.3%
12. Jacksonville- 32.8%
13. Houston- 30.9%
14. Memphis- 30.0%
15. Tampa- 27.3%
16. New Orleans- $24.3%
Interesting how closely yoked St. Louis and Kansas City are in both total income as well as income growth, yet the disparity between Nashville and Memphis is striking and only getting worse.
For being one of the smaller metros on the list that has seen nearly stagnant population growth, Birmingham's overall income (9th out of 16 large metros) and especially its growth (6th out of 16 large metros) is fairly impressive. There is a lot of old money in this town.
San Antonio is the obvious ugly stepchild of Texas.
New Orleans... the ancient jewel of the South... is just on a slow, steady decline compared to the rest of the South. No other major metro in the South saw worse growth in incomes... even Memphis saw better income growth.
This post was edited on 1/28/21 at 11:57 am
Posted on 1/28/21 at 5:39 pm to BHMKyle
quote:
Fayetteville is freaking wealthy and incomes are absolutely exploding there.
NW Arkansas as a whole started at pretty much the baseline for poverty for the US but has gone absolutely bonkers in the last couple of decades. The wealth creation in that neck of the Ozarks is unreal.
It is why I said, and I know it upset some folks, Arkansas can elect a sub par Governor. As long as they leave NW Arkansas alone it doesn't matter. They will be able to show economic numbers that look insane.
The problem, for the state as a whole, is that Eastern Arkansas is the mirror opposite of NW Arkansas. The Arkansas delta is a complete economic basket case. I live here, there are some wonderful people here, but this area has flat lined economically speaking.
Posted on 1/28/21 at 10:06 pm to BHMKyle
quote:
Fayetteville is freaking wealthy and incomes are absolutely exploding there.
Nah, we're podunk and hillbillies and nobody should move here, especially Califnornians.
Posted on 1/29/21 at 10:01 am to Arksulli
quote:
NW Arkansas as a whole started at pretty much the baseline for poverty for the US but has gone absolutely bonkers in the last couple of decades
True, but that timeline is a little off.
Fayetteville and NWA have been prosperous for more than 20 years. The region was booming in the 1990s and late 80s, too. But in general, that's true. Northwest Arkansas didn't have much of an economy when the state was solely agricultural.
There isn't any good farmland west or north of Little Rock. No oil until you get around Tulsa.
This post was edited on 1/29/21 at 10:10 am
Posted on 1/29/21 at 11:12 am to BHMKyle
Does Auburn include Opelika? I wouldnt say they share a metro together, they are almost opposites.
Posted on 1/29/21 at 12:43 pm to Numberwang
quote:
Fayetteville and NWA have been prosperous for more than 20 years. The region was booming in the 1990s and late 80s, too. But in general, that's true. Northwest Arkansas didn't have much of an economy when the state was solely agricultural.
There isn't any good farmland west or north of Little Rock. No oil until you get around Tulsa.
Couple of decades wasn't precise enough, you are correct. About... what would you say? 35 Years? Maybe a bit longer?
I sometimes wonder if the lack of good farmland wasn't a boon for Western Arkansas in the long run. They had to turn to other industries to generate income and as of now there are several areas in Western Arkansas that are doing quite well thank you. Maybe not the Borg like growth of NW Arkansas but fairly well.
The shifting economic tides of Arkansas over the years is fascinating for anyone with an interest in the history of the state.
Posted on 1/30/21 at 7:31 pm to BHMKyle
They finally booted McDonald County Missouri out of the Northwest Arkansas metro definition in 2018.
Helped incomes grow significantly once those government teat sucking meth dealers stopped bringing down our averages
Helped incomes grow significantly once those government teat sucking meth dealers stopped bringing down our averages
This post was edited on 1/30/21 at 7:32 pm
Posted on 1/30/21 at 7:52 pm to Porker Face
That's one reason, but McDonald County is pretty small.
Benton County is destined to become like Collin County, Texas. High-incomes, and wealthy suburbia as far as the eye can see. It's kinda sad, honestly. Plano, Texas in the early 80s was like the areas around Centerton to Cave Springs today---little narrow county roads grid, with big subdivisions being built in between.
In 20 years those little county roads will all be big parkways and every intersection will have commercial and you won't know when you've left Lowell/Rogers/Cave Springs/Highfill/Elm Springs. Development will eventually stretch from I-49 to Gentry.
Benton County is destined to become like Collin County, Texas. High-incomes, and wealthy suburbia as far as the eye can see. It's kinda sad, honestly. Plano, Texas in the early 80s was like the areas around Centerton to Cave Springs today---little narrow county roads grid, with big subdivisions being built in between.
In 20 years those little county roads will all be big parkways and every intersection will have commercial and you won't know when you've left Lowell/Rogers/Cave Springs/Highfill/Elm Springs. Development will eventually stretch from I-49 to Gentry.
This post was edited on 1/31/21 at 9:02 am
Posted on 1/30/21 at 8:13 pm to BHMKyle
Lexington has been growing more the last decade or so than at any other time I can recall. Lived here my whole life. Almost 40.
We do not want to be a large city. Good solid place to grow up and raise a family. Plenty of amenities. You want big city stuff, head to Louisville, Cincinnati or Nashville. Keep out.
We do not want to be a large city. Good solid place to grow up and raise a family. Plenty of amenities. You want big city stuff, head to Louisville, Cincinnati or Nashville. Keep out.
Posted on 1/30/21 at 9:03 pm to Numberwang
I concur. And I try to stay away from Benton County as much as I can for the reasons listed
Posted on 1/31/21 at 9:01 am to Porker Face
quote:
I concur. And I try to stay away from Benton County as much as I can for the reasons listed
Honestly, West Fork is where it's at, as long as you can work in the south end of the metro. Still rural, country, sparsely populated, hill country people. Good schools and no traffic.
Posted on 2/1/21 at 12:04 am to Numberwang
I remember reading 10-15 years ago or so that by 2050, they predicted the Springfield MO area would become the largest metropolitan area in the state. Plenty of room for expansion with having a lot of natural outdoors access & entertainment nearby.
I can see that, but maybe not by 2050.
I can see that, but maybe not by 2050.
Posted on 2/1/21 at 6:18 am to Numberwang
quote:
Fayetteville and NWA have been prosperous for more than 20 years. The region was booming in the 1990s and late 80s, too.
Thanks to Slick Willie.
Posted on 2/1/21 at 6:02 pm to mingoswamp
???
The numbers are not close. Am I missing something?
The numbers are not close. Am I missing something?
Posted on 2/3/21 at 2:26 pm to BHMKyle
NW Arkansas is growing really fast. Holy shite.
Posted on 2/3/21 at 5:16 pm to VADawg
We were starting at a low base with respect to incomes
Our economy is so strong now I sat in a meeting last week where they were having trouble telling a business they probably shouldn't move here because they said they were making 200-300 jobs. The industry thought this was gods gift to man. The chamber guy just said "not at __/hr you aren't in NWA. You'll build a plant and never fill it with employees at that wage"
Wages are high by the demand of labor alone. Construction, electrical, plumbing, can name their price.
This economic development here and now is very different than most places. We just can't build houses any faster than we are. And during a pandemic. Who would've thought it'd be this crazy
Our economy is so strong now I sat in a meeting last week where they were having trouble telling a business they probably shouldn't move here because they said they were making 200-300 jobs. The industry thought this was gods gift to man. The chamber guy just said "not at __/hr you aren't in NWA. You'll build a plant and never fill it with employees at that wage"
Wages are high by the demand of labor alone. Construction, electrical, plumbing, can name their price.
This economic development here and now is very different than most places. We just can't build houses any faster than we are. And during a pandemic. Who would've thought it'd be this crazy
This post was edited on 2/3/21 at 5:28 pm
Posted on 2/3/21 at 11:56 pm to Porker Face
quote:
Wages are high by the demand of labor alone. Construction, electrical, plumbing, can name their price.
It's true. Only lazy, stupid motherfrickers can't make a living in NWA right now. I know plumbers making 200k. Tradesmen of all stripes are killing it. The new WMHQ is going to create a giant demand for trades and construction alone during it's 5 year build-out.
The kuntfartz in Fayetteville constantly bitching about "muh affordable housing" are mostly useless academics and artists who work in retail but want to live downtown. People with actual skills and work-ethic are doing well here.
Posted on 2/4/21 at 7:28 am to Numberwang
Seriously. The small city Walmart is constructing will bring hundreds of people here for good. Construction folks move in "for the job" then stay.
All the new houses are selling to people with California and Illinois addresses. Even though price/square foot is at an all time high for us, it still looks cheap to them. Also lots of people moving from small town Arkansas to NWA right now, but finding it hard to find housing. I don't know how many trades folks I deal with that "just bought in Madison County". I hear that all the time.
All the new houses are selling to people with California and Illinois addresses. Even though price/square foot is at an all time high for us, it still looks cheap to them. Also lots of people moving from small town Arkansas to NWA right now, but finding it hard to find housing. I don't know how many trades folks I deal with that "just bought in Madison County". I hear that all the time.
This post was edited on 2/4/21 at 7:30 am
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