F L O R I D A TA B L E S
Table 6. Personal Income-Annual
2016
2017
2018
2019
2020
2021
2022
2023
2024
Billions Current Dollars Personal Income
949.7
1016.8
1082.7
1126.0
1202.6
1287.7
1295.1
1349.5
1417.2
Wages & Salaries
424.0
446.1
472.7
497.7
506.1
551.6
584.7
614.0
646.6
Other Labor Income
88.4
94.5
101.4
105.8
107.4
115.2
121.7
128.0
134.7
Nonfarm
55.1
59.8
63.9
66.8
79.0
81.2
83.4
85.6
90.1
1.4
1.9
1.7
2.2
2.9
2.0
1.7
1.7
1.7
Property Income
256.9
284.7
307.8
311.4
307.5
315.1
332.3
344.7
358.5
Transfer Payments
186.2
195.5
205.2
216.7
276.9
306.3
259.7
268.0
283.0
65.6
69.0
73.6
78.3
80.7
87.5
92.2
96.6
101.5
Farm
Social Insurance
Billions 2012 $ Personal Income
914.9
960.1
996.9
1019.0
1075.8
1125.6
1113.0
1139.3
1173.3
Wages & Salaries
408.5
421.2
435.2
450.4
452.6
482.0
502.5
518.4
535.3
Other Labor Income
85.1
89.2
93.4
95.7
96.0
100.7
104.6
108.1
111.5
Nonfarm
53.0
56.4
58.8
60.5
70.6
71.0
71.7
72.3
74.6
1.3
1.8
1.6
2.0
2.6
1.8
1.5
1.4
1.4
Property Income
247.4
268.8
283.4
281.8
275.1
275.3
285.6
291.0
296.8
Transfer Payments
179.4
184.6
188.9
196.1
247.8
268.0
223.2
226.3
234.3
63.2
65.2
67.8
70.9
72.2
76.5
79.3
81.6
84.1
1350.6
1319.6
1339.1
1340.7
1212.5
1334.0
1354.6
1375.5
1373.4
Retail Sales (Billions $)
327.5
340.0
357.6
371.9
385.2
437.5
433.5
446.2
464.7
Real Retail Sales (Billions 2012$)
315.5
321.1
329.3
336.5
344.5
382.4
372.6
376.7
384.7
Farm
Social Insurance
New Passenger Car & Truck Registrations
Institute for Economic Forecasting
19