Lynn Welch on Madison’s 3.9% per capita personal income growth (2002 to 2003), which ranks it 30th among the 360 metropolitan areas measured by the US Bureau of Economic Analysis. (interestingly, Appleton’s personal income growth rate was 4.1%) Here’s the BEA’s data (.xls file – 4.27.2005 BEA news release)

Welch credits the high tech economy for these results – perhaps so. Epic Systems has grown substantially as has Promega (mentioned in the article). Of course, Epic is moving to Verona and Promega is in Fitchburg.

Taxes

Wisconsin ranks 12th in per capita tax collections, according to the US Census Bureau. More on state tax comparisons from Kathleen Murphy.