{"iri":"https://lexicon.financial/business/bea/StatePersonalIncome","label":"State personal income","definition":"Income that is received by, or on behalf of, persons who live in the state. It is calculated as the sum of wage and salary disbursements , supplements to wages and salaries , proprietors' income with inventory valuation adjustment (IVA) and private capital consumption adjustment (CCAdj) , rental income of persons with CCAdj , personal dividend income , personal interest income , and personal current transfer receipts , less contributions for government social insurance . Estimates of state personal income are presented by the place of residence of the income recipients. All estimates of state personal income are in current dollars (not adjusted for inflation).","license":"https://www.usa.gov/government-copyright","source":"bea","source_url":"https://www.bea.gov/help/glossary/state-personal-income"}