Missouri personal income rises 4.5 percent in 2004

The state ranked 20th nationally in personal income totals. Among neighboring states, only Illinois, $437 billion, and Tennessee, $177 billion, were higher than Missouri.

Missouri continued to lag behind the nation as a whole, which saw personal income grow by 5.7 percent last year.

On a per capita basis, income in Missouri increased by 3.9 percent to an average of $30,608, while national personal income grew by 4.7 percent to an average of $32,937. Although the state’s annual per capita increase in 2004 was the largest in three years, Missouri ranked 46th nationally in per capita income growth for the year.