CONCENTRATIONS OF NONEMPLOYMENT INCOME IN THE UNITED STATES ∗

Abstract

Nonemployment income from investments, pensions, welfare benefits, and so forth provides one third of total personal income in the United States. Spatial concentrations of this income occur in places such as Florida, Michigan, Arkansas and the Great Plains. These concentrations result largely from the presence of older persons who are the principal recipients of nonemployment income. In turn, spatial concentrations of older persons result from “aging in place,” which typifies the Great Plains, or from amenity-bound immigration by older persons, which characterizes Florida.