REOC San Antonio
Commercial Real Estate Since 1974   
Kim_Gatley
Kim Gatley
S
enior Vice President & Director of Research at REOC San Antonio

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Alamo City listed among top three for personal income growth

According to the U.S. Bureau of Economic Analysis, San Antonio was one of only three out of the 52 large metropolitan areas nationwide in which total personal income and net earnings increased in 2009 – thanks in large part to gains in federal goverment compensation – both military and civilian.   Personal income in San Antonio increased by 0.8% last year putting it at $71.5 billion and net workers’ earnings grew by 0.7% to $48.7 billion. 

On a per capita basis, San Antonio’s personal income fell by 1.3% to $34,500, ranking the city 184th among the nation’s metro areas.  By comparison, personal income fell by 4.9% in Austin and Houston, and by 5.2% in Dallas-Fort Worth.  On average, personal income fell by 1.8% nationally and 2.3% among the 52 largest MSAs.

Note: Personal income is income from all sources, including dividends, property income and government payments. Net earnings of workers is mainly salaries and benefits paid by employers.

Read Report (8-9-10); San Antonio area: An income-growth leader in 2009 (MySA.com, 8-9-10).

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