Thursday, January 11, 2007

Income and Poverty in Birmingham-Hoover, AL

When compared to other Metro Areas throughout the United States, the Birmingham-Hoover metro area reported a medium-high median household income of $45,955 (2005 Dollars). The income level is 13.1 percent higher than the median income in State of Alabama of $39,938 and the median household income is 6.9 percent lower than the median in the US, which is $49,133.

Evaluated with other MSAs across the nation, the Birmingham-Hoover metro area can be understood to have a medium-high poverty rate amid the residents with a poverty rate of 13.1 percent of the population with family incomes below the 1999 poverty level. The Black or African American race/ethnicity demographic category, owns the foremost rate of poverty with 25.8 percent of the 2000 population living in poverty. People that are of the age 5 years have the most percent of people living in poverty in Birmingham-Hoover, reporting 18.8 percent of this demographic group living with incomes under poverty.

The household income has declined from the 2000 values (inflation adjusted). The median income has decreased to $43,802, which amounts to a 4.7 percent decline. The Birmingham-Hoover, AL MSA, when analyzing percentage of decline, ranks 7 of 10 metro area in percent of decline for income levels in the State of Alabama. Birmingham-Hoover ranks 183 of 233 metro area in terms of the decline in median household income in the United States.

The American Indian and Alaska Native householders in Birmingham-Hoover reported a median household income of $48,047, this level was 4.6 percent greater than the median level for total households in the area. In Birmingham-Hoover, AL White headed households reported household income (in 2005 Dollars) of $53,645 according to the Decennial Census of 2000, which was 16.7 percent greater than the median in 2000. The Asian householders in the area have reported their median household incomes at $57,363. This median is 24.8 percent greater than the reported median household income, in the area, for all households. Black or African American headed households had median income levels that were 34.3 percent less than the overall reported level in 2000, with a reported median of $30,180. Hispanic households in Birmingham-Hoover, AL , according to the 2000 census, had a median household income of $38,303, this income level is 16.7 percent less than reported value of the areas total household median income for all households.

The poverty rate in the Birmingham-Hoover, AL Metro has increased by 0.2 percent from the rates reported in the Decennial Census, moving from 13.1 percent to 13.3 percent.

While the median household income saw a decline from 2000 to 2005 in the Birmingham-Hoover, AL metro area, the Race/Ethnicity group that experienced the largest decline in median income was the Hispanic Race/Ethnicity category. This group experienced a decline of 40.5 percent since the year 2000. The Asian Race/Ethnicity category has been least effected by the income level decline in Birmingham-Hoover, undergoing a 64.3 percent increase in household income, since the reported levels in 2000.

Datasource: U.S. Bureau of the Census. 2000 Decennial Census. 2005 American Community Survey.

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