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Agenda - 06-04-1981
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Agenda - 06-04-1981
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9/19/2016 2:29:23 PM
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BOCC
Date
6/4/1981
Meeting Type
Public Hearing
Document Type
Agenda
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WI' <br /> I*, As shown in Table 2-72 , Orange County was second only to Wake County in <br /> Itc the number of government employees, reflecting the dominance of the state <br /> government in that County. However, Orange County had the largest percea- <br /> rtf tage of its County residents concentrated in that employed sector. <br /> Although government will remain an important employment sector in Orange <br /> County, it is unclear whether it will remain a growth industry given a <br /> ,-. <br /> current economic climate of fiscal austerity. <br /> „2 - , . -- <br /> . . _ - - . . __ <br /> __. <br /> ...;: <br /> ,, <br /> k, Per Capita Income , <br /> .i.: <br /> Per capita income measures the income generating strength of the local <br /> County economy. The per capita income for Orange County rose from $3,187 <br /> t.' in 1970 to $6,770 in 1978. <br /> ';' <br /> g- <br /> i'. <br /> ;,..,. TABLE 2-73 <br /> '.,.:., <br /> PER CAPITA INCOME COMPARISONS: 1970 - 1978 1 <br /> PER CAPITA CHANGE IN POI ii ' 11 11 ' PCI <br /> fi ,INCOME (PCI) 1970-1978 PIC (USMAREA PCI) % OF US P <br /> AREA 1970 1978 . AMOUNG % 1970 1978 1970 1 <br /> U.S. 3,893 7,840 3,947 101.4 0 0 100.0 10 <br /> LI <br /> N.C. 3,200 6,640 3,440 107.5 693 1,200 82.2 8 <br /> REGION J 3,528 7,439 3,911 110.9 365 401 90.6 9 <br /> rf <br /> RALEIGH-DURHAM <br /> SMSA 3,716 7,708 3,992 107.4 117 132 95.5 9 <br /> t. <br /> ORANGE COUNTY 3,187 6,770 3,583 112.4 706 1,070 81.9 a <br /> ,.. <br /> Isourn: U.S. Department of Commerce, Bureau of Economic Analysis. <br /> An Economic Analysis of Region J. Triangle J Council of Govern- <br /> ments. November 1980. Exhibit VI-A. <br /> As shown in Table , throughout the period Orange County's per capita <br /> income was lower than the Raleigh-Durham SMSA, the Triangle J Region and <br /> c the nation. The County's per capita income exceeded that for the state <br /> in 1978. <br /> Although the County's per capita income is rising relative to the nation, <br /> it remains only 86.4% of the national per capita income. It is possible <br /> that this figure is based downward as a result of the large institutional <br /> component of the Orange County population I particularly given the concen- <br /> , <br /> tration of employment opportunities in the high-income white collar sectors. <br /> Recent gains in income, however, have been substantial, an increase of <br /> , $3,583 between 1970 and 1978. This suggests a growing income base increas- <br /> ' iaglYalTentedby high-income workers and in-migrants. <br />
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