Income and Sales

 

 

Per Capita Income

 

Per capita income is defined as total income divided by total population.  It is a statistical measure of the potential relative cost of labor in the area.  Changes in per capita income indicate trends in a county’s standard of living, or the availability of resources to an individual, family, or society.  Per capita income tends to follow the business cycle, rising and falling accordingly. 

 

While Yuba County and its cities have seen a significant increase in per capita income between 1990 and 2000, it still is considerably lower than the rest of the state.  In 2000, California’s per capita income was $22,711 whereas Yuba County’s was only $14,124.  Slightly higher than the county per capita income were cities in Yuba County, Yuba City MSA at $15,776, Marysville at $15,315, and Wheatland at $14,889.

 

Table 12- Per Capita Income

Area

1990

2000

California

$16,409

$22,711

Greater Sacramento Area

$14,130

$20,930

Yuba City MSA

$11,319

$15,776

Yuba County

$9,874

$14,124

Cities Within Yuba County

 

 

Marysville

$11,809

$15,315

Wheatland

$10,902

$14,889

Source: U.S. Census Bureau

 

 

Source: U.S. Census Bureau

 

 

Median Household Income

 

Median household income is the level of income at which half of all families are above and half of all families are below.  It is a popular measure of income level for individuals living in the area; however, it is not a major determinant of the standard of living.  It is possible for a region like Yuba County to have a high standard of living, but a low median-household income.  This could be due to a favorable environment or lower cost of living expenses, which can increase the quality of life.  The median household income in 2000 for Yuba County was $30,460 versus the state which was $47,493. 

 

Table 13- Median Household Income

Area

1990

2000

California

$35,798

$47,493

Greater Sacramento Area

$30,407

$43,740

Yuba City MSA

$24,310

$34,418

Yuba County

$21,523

$30,460

Cities Within Yuba County

 

 

Marysville

$21,529

$28,494

Wheatland

$26,591

$34,861

Source: U.S. Census Bureau

 

 

Source: U.S. Census Bureau

 

 

 

 

 

 

Taxable Sales

 

Taxable sales include all transactions subject to sales tax.  California sales and use taxes are imposed on the retail sale or the use of tangible personal property in California.  Total taxable sales do not necessarily indicate the gross sales of retail businesses, because only transactions subject to sales and use tax are included.  Excluded are items for resale, sales of nontaxable items such as food and prescription medicines, and taxable sales disclosed by board audits.  Growth in taxable sales are a measure of expansion in both local government revenue and the economic health of the area.  The total taxable transactions for all outlets in Yuba County for 2003 were 440,571, for Marysville they were 150,633, and for Wheatland they were 8,012.  Taxable sales has been on the rise since 2001 in Yuba County.

 

Table 14- Taxable Transactions - Total All Outlets

Area

2000

2001

2002

2003

% Change 2000-2003

California

441,854,412

441,517,560

440,950,094

460,096,468

4.13%

Greater Sacramento Area

26,488,259

28,649,502

28,427,739

30,114,878

13.69%

Yuba City MSA

1,412,339

1,390,614

1,465,538

1,560,457

10.49%

Yuba County

391,815

383,217

396,196

440,571

12.44%

Cities Within Yuba County

 

 

 

 

 

       Marysville

154,074

147,109

145,424

150,633

-2.23%

       Wheatland

7,259

7,302

7,820

8,012

10.37%

Source: California Board of Equalization