Per capita disposable personal income Disposable personal income
is total personal income minus personal current taxes.This
measure of income is calculated as the disposable personal
income of the residents of a given area divided by the resident
population of the area. In computing disposable per capita
personal income, BEA uses the Census Bureau's annual midyear
population estimates. Personal current taxes is tax payments
(net of refunds) that are made by persons and that are not
chargeable to business expense and certain other payments by
persons to government agencies (except government enterprises)
that are treated like taxes. Personal current taxes includes
taxes on income, including realized net capital gains, and on
personal property. Also included in personal current taxes are
personal licenses. Contributions for government social insurance
are not included.