reports: Per-capita income rises 2.7% in Ann Arbor metropolitan area
New government data show per-capita income in the Ann Arbor metropolitan area rose by 2.7 percent in 2011 — among the highest gains in U.S., the Detroit Free Press reported Monday.
Ann Arbor had the highest metropolitan area income level in Michigan in 2011 at $40,821, according to the report. That compares with the national metropolitan average of $41,560.
Experts told the Free Press that inflation adjustments and a low starting point factor into how those numbers should be read, noting that Michigan had a large economic decline to make up for.
Washtenaw County as a whole came in at No. 4 with $40,821 in Michigan in personal income, according to a chart on MLive.com. Oakland County was at the top with $53,297, followed by Leelanau at $43,978 and Midland at $43,446.