Per Capita Income

income per person

Per capita income means how much each individual receives, in monetary terms, of the yearly income that is generated in their country through productive activities. That is what each citizen would receive if the yearly income generated by a country from its productive activities were divided equally among everyone. Per capita income is usually reported in units of currency per year. While per capita income reflects gross national product per capita income when comparing nations, it is also used to compare municipalities within nations. When determining the per capita income of a community, however, it is not economic activity that is divided by the population, but the total personal income.
See more at Wikipedia.org...

Noun
1. the total national income divided by the number of people in the nation
(hypernym) income

average income per person in a population.