Income and Poverty in Norwich-New London, CT
When analyzed against other Metropolitan Statistical Areas in the US, the Norwich-New London metro area had a medium-high household income of $45,123 (2005 Dollars). This median is 39.8 percent lower than the household income median in State of Connecticut of $63,104 and the income level is 8.9 percent lower than the median household income in the United States of $49,133.
While household income level experienced a growth since 2000 in the Norwich-New London, CT metro area, the Race/Ethnicity category that felt the biggest growth in median household income was the Race/Ethnicity category. This group experienced an of . percent in the last five years. The population category was least influenced by the median household income growth in Norwich-New London, encountering a . percent in median income, since the values reporting the 2000 Decennial Census.
The poverty rate in the Norwich-New London, CT Metro has declined by 7.2 percent since the 2000 rates, moving from 12.7 percent to 5.5 percent.
When compared to other Metro Areas across the United States, the Norwich-New London metro area can be considered to have a medium-high rate of poverty among its population, accounting a rate of 12.7 percent of the individuals existing in families with incomes under the poverty level in 1999. The Black or African American race/ethnicity demographic group, represents the largest rate of poverty with 35.5 percent of the 2000 population living in poverty. People that are of the age Under 5 years are experiencing most percent people in poverty in Norwich-New London, with 23.4 percent of this demographic group living with incomes under poverty.
The areas median household income has increased sharply from the values (adjusted for inflation) in 2000. The median has increased to $59,268, which amounts to a 31.3 percent growth. The Norwich-New London, CT MSA, in terms of percentage of growth, ranks 4 of 7 metro area in percent of growth for median household income in the State of Connecticut. Norwich-New London ranks 48 of 233 metro area when comparing the growth in median income level for the United States.
Datasource: U.S. Bureau of the Census. 2000 Decennial Census. 2005 American Community Survey.
While household income level experienced a growth since 2000 in the Norwich-New London, CT metro area, the Race/Ethnicity category that felt the biggest growth in median household income was the Race/Ethnicity category. This group experienced an of . percent in the last five years. The population category was least influenced by the median household income growth in Norwich-New London, encountering a . percent in median income, since the values reporting the 2000 Decennial Census.
The poverty rate in the Norwich-New London, CT Metro has declined by 7.2 percent since the 2000 rates, moving from 12.7 percent to 5.5 percent.
When compared to other Metro Areas across the United States, the Norwich-New London metro area can be considered to have a medium-high rate of poverty among its population, accounting a rate of 12.7 percent of the individuals existing in families with incomes under the poverty level in 1999. The Black or African American race/ethnicity demographic group, represents the largest rate of poverty with 35.5 percent of the 2000 population living in poverty. People that are of the age Under 5 years are experiencing most percent people in poverty in Norwich-New London, with 23.4 percent of this demographic group living with incomes under poverty.
The areas median household income has increased sharply from the values (adjusted for inflation) in 2000. The median has increased to $59,268, which amounts to a 31.3 percent growth. The Norwich-New London, CT MSA, in terms of percentage of growth, ranks 4 of 7 metro area in percent of growth for median household income in the State of Connecticut. Norwich-New London ranks 48 of 233 metro area when comparing the growth in median income level for the United States.
Datasource: U.S. Bureau of the Census. 2000 Decennial Census. 2005 American Community Survey.
0 Comments:
Post a Comment
<< Home