Source: Bureau of Economic Analysis, Personal Income, and American Community Survey/US Census population data. Black line in chart signifies national average excluding California. Adjusted to 2016 dollars.
Inflation-adjusted personal income per state resident - which includes income received by, or on behalf of, all people from all sources - has generally been increasing nationwide since 1977. In 1977 the state ranked 6th-highest in personal income per capita; after dropping to 12th in 2010, it rose to 7th in 2016.
Chart by John C. Osborn. Updated by Daniel J. Willis, Justin Allen and Yuxuan Xie
Note: Each year in the charts and graphs refers to both the calendar year and the fiscal year. Thus, 2013 incorporated data from the fiscal year 2013-14 (July 1 through June 30) as well as the calendar year 2013.