Individuals and households get their income from three main sources: net earnings by place of residence; dividends, interest, and rent; and transfer payments (for example, Social Security and Unemployment Compensation).
Among Bear Lake residents in 2019. . .
- net earnings made up 56 percent of personal income, compared to 56 percent in 2010;
- dividends, interest and rent - income from investments - made up 17 percent of personal income, compared to 17 percent in 2010;
- transfer payments made up 24 percent of personal income, compared to 27 percent in 2010.