Thursday, January 11, 2007

Income and Poverty in Faribault County, Minnesota

When compared to other counties (and parishes) throughout the United States, Faribault County was reported to have a medium-high median income for households of $40,295 (Adjusted to 2005 Dollars). This figure is 36.8 percent lower than the median in State of Minnesota of $55,120 and the median is 21.9 percent lower than the median in the US, which is $49,133.

Black or African American householders reported a median household income that was 9.3 percent less than the all population median published in the 2000 Census, with a median of $36,563. According to the 2000 Census, the Asian headed households in the area have median household incomes of $72,029. This household income level is 78.8 percent greater than the reported median for all households in the area. In Faribault County, Minnesota White headed households reported a median household income (2005 Dollars) of $40,324 according to the Decennial Census of 2000, which was 0.1 percent greater than the median income in 2000. The American Indian and Alaska Native households in Faribault County reported an income level of $65,280, this level was 62 percent greater than the median level for total households in the area. Hispanic in Faribault County, Minnesota recorded a median income of $37,398, this median is 7.2 percent less than the areas median income level for all households.

Contrasted against to other counties (or parishes) throughout the US, Faribault County, Minnesota can be considered to have a poverty rate amid the residents with a poverty rate of 8.6 percent of the individuals existing in families with incomes under the poverty level in 1999. The Hispanic race/ethnicity population category, holds the highest rate of poverty with 16.1 percent of the 2000 residents living in poverty. People aged Under 5 years have the largest percent of population in poverty in Faribault County, reporting 14.5 percent of this demographic group living with incomes under poverty.







Datasource: U.S. Bureau of the Census. 2000 Decennial Census.

0 Comments:

Post a Comment

<< Home

 

About - © 2007 Ecanned.com  - Contact