Sources of Income
What it means
Income comes from three sources: earnings from work; government transfer payments (such as social security and welfare payments); and dividends, interest, and rent. As the Cape has become popular as a retirement destination, the share of total income on the Cape originating from transfer payments and dividends has increased. The share derived from earnings for work has, in turn, declined from 59 percent of total income in 1969 to 51 percent in the most recent estimates.
|Sources of Income - Barnstable County|
|Year||Equals: Net earnings by place of residence ($000)||% Total||Plus: Dividends, interest, and rent ($000)||% Total||Plus: Transfer payments ($000)||% Total||Total Personal income ($000)|
|Source: Bureau of Economic Analysis, Regional Economic Information System|