Wednesday, January 10, 2007

Income and Poverty in New London County, Connecticut

The areas median household income has increased a small amount from the values (adjusted for inflation) in 2000. The median has increased to $59,268, representing a 0 percent growth. New London County, Connecticut, in terms of percentage of growth, ranks 3 of 3 counties in percent of growth for the household income level in the State of Connecticut. New London County ranks 119 of 119 counties (or parishes) when comparing total percent of growth in median household income in the United States.

Evaluated with other counties (or parishes) across the nation, New London County, Connecticut can be understood to have a rate of poverty among the people, accounting a rate of 6.4 percent with a family income under the 1999 poverty level. The Hispanic race/ethnicity population category, holds the highest rate of poverty with 19.8 percent of the population in 2000 living in poverty. Individuals aged Under 5 years have the most percent of people living in poverty in New London County, having 11.6 percent of this age cohort living in poverty.

As the median household income witnessed a growth during the period of 2000 to 2005 in New London County, Connecticut, the Race/Ethnicity category that felt the biggest growth in median household income was the Black or African American category. This group felt an increase of 11.8 percent in the last five years. The American Indian and Alaska Native Race/Ethnicity group has been least impacted by the median income growth in New London County, seeing a 11.7 percent decline in median income, since the values reported in the 2000 Decennial Census.

Hispanic headed households in New London County, Connecticut reported a median household income of $42,451, which is 28.4 percent less than the median reported for all households in the area. The American Indian and Alaska Native households in New London County had a median household income level of $62,434, which was 5.4 percent greater than the median income level in this area. The Asian headed households reported median household incomes of $68,073. This income level is 14.9 percent greater than the reported median for all households in the area. Black or African American headed households had median income levels that were 24 percent less than the all population median published in the 2000 Census, with a median of $45,045. In New London County, Connecticut White householders had a median household income (in 2005 Dollars) of $60,573 as reported by the Decennial Census of 2000, which was 2.2 percent greater than the median in 2000.

Compared to other counties (and parishes) throughout the nation, New London County had a relatively high median income for households of $59,256 (Adjusted to 2005 Dollars). This figure is 6.5 percent lower than the household income median in State of Connecticut of $63,104 and this is 17.1 percent higher than the median household income in the United States of $49,133.

The poverty rate in New London County, Connecticut has declined by 0.9 percent from the rates reported in the Decennial Census, moving from 6.4 percent to 5.5 percent.

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

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