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ECONOMIC SUPPORT
SOUTHSIDE VIRGINIA
MEANS BUSINESS
WHAT IS YOUR COUNTY DOING TO ENCOURAGE
NEW AND EXPANDING SMALL BUSINESS, MICRO INCUBATORS,
RECREATIONAL SPORTS AND ALTERNATIVE INTUITIVE EDUCATION
AND LEARNING OPPORTUNITIES, HANDS ON ASPECTS AT ALL LEVELS
Lunenburg Economics Overview reproduced
provided by Bureau of Economic Analysis
Lunenburg is one of 105
counties
in
Virginia.
It is not part of a Metropolitan Area.
Its 2011
population
of 12,874 ranked 86th in the state
PER CAPITA PERSONAL INCOME
In 2011 Lunenburg had a per capita personal income (PCPI)
of $26,630. This PCPI ranked 100th in the state and
was 58 percent of the state average, $46,107, and 64
percent of the national average, $41,560. The 2011
PCPI reflected an increase of 3.5 percent from 2010.
The 2010-2011 state change was 4.5 percent and the
national change was 4.4 percent. In 2001 the PCPI of
Lunenburg was $19,618 and ranked 99th in the state.
The 2001-2011 compound annual growth rate of PCPI
was 3.1 percent. The compound annual growth rate for
the state was 3.3 percent and for the nation was 2.9
percent.
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In 2011
Lunenburg had a per capita personal income (PCPI)
of $26,630. This PCPI ranked 100th in the
state and was 58 percent of the state
average, $46,107, and 64 percent of the
national average, $41,560. The 2011 PCPI
reflected an increase of 3.5 percent from
2010. The 2010-2011 state change was 4.5
percent and the national change was 4.4
percent. In 2001 the PCPI of Lunenburg was
$19,618 and ranked 99th in the state. The
2001-2011 compound annual growth rate of
PCPI was 3.1 percent. The compound annual
growth rate for the state was 3.3 percent
and for the nation was 2.9 percent.
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Per Capita Personal Income, 2011 |
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Per Capita Income as a Percent of
the United States |
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TOTAL PERSONAL INCOME
CAGR: compound annual growth rate |
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2010-11 percent change |
2001-2011 CAGR |
Lunenburg |
3.1 % |
3.0 % |
Virginia |
5.4 % |
4.5 % |
U.S. |
5.2 % |
3.8 % |
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In 2011 Lunenburg had a total personal
income (TPI)
of $342,840*. This TPI ranked 95th in the
state and accounted for 0.1 percent of the
state total. In 2001 the TPI of Lunenburg
was $256,020* and ranked 93rd in the state.
*Note:
Total personal income estimates are in
thousands of dollars, not adjusted for
inflation. |
COMPONENTS OF TOTAL PERSONAL INCOME
Total
personal income includes net earnings by
place of residence; dividends, interest, and
rent; and personal current transfer receipts
received by the residents of Lunenburg.
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Percent Contribution to Total
Personal Income |
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Lunenburg |
Virginia |
United States |
2001 |
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2011 |
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Net earnings by place of residence |
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Dividends, interest, and rent |
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Personal current transfer receipts |
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2010-2011 percent change |
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Lunenburg |
Virginia |
U.S. |
Net earnings |
1.6 % |
5.0 % |
5.7 % |
Dividends, interest, and rent |
7.2 % |
8.6 % |
7.5 % |
Personal current transfer receipts |
3.8 % |
4.2 % |
1.5 % |
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2001-2011 compound annual growth
rate |
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Lunenburg |
Virginia |
U.S. |
Net earnings |
1.6 % |
4.3 % |
3.4 % |
Dividends, interest, and rent |
1.7 % |
3.3 % |
2.9 % |
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