Income and Poverty in Olmsted County, Minnesota
When compared to other counties (or parishes) across the United States, Olmsted County, Minnesota may be understood as having a poverty rate amid the residents with a poverty rate of 6.4 percent of people living in a family with an income below the poverty level in 1999. The Black or African American race/ethnicity demographic category, owns the foremost rate of poverty with 42.6 percent of the population in 2000 living in poverty. Individuals aged 75 years and over are experiencing most percent people in poverty in Olmsted County, having 13.4 percent of this age group in the area living in poverty.
The poverty rate in Olmsted County, Minnesota has declined by 0.6 percent since the amounts published in 2000, moving from 6.4 percent to 5.8 percent.
The household income has declined from the inflation-adjusted 2000 income levels. The income level has decreased to $57,667, which represents a 4 percent decline. Olmsted County, Minnesota, when analyzing percentage of decline, ranks 11 of 11 counties in percent of decline for the household income level in the State of Minnesota. Olmsted County ranks 513 of 668 counties (or parishes) when comparing the decline in median income in the US.
While the median household income saw a decline in the last five year in Olmsted County, Minnesota, the Race/Ethnicity group that went through the most dramatic decline in the household income level was the White Race/Ethnicity category. This category went through a decline of 0.2 percent since 2000. The Hispanic Race/Ethnicity group has been least impacted by the median income decline in Olmsted County, experiencing a 92.1 percent increase in median household income from 2000 to 2005.
The American Indian and Alaska Native households in Olmsted County reported a median household income of $58,968, which was 1.8 percent less than the median level for total households in the area. Black or African American householders reported a median household income that was 58.3 percent less than the all population median published in the 2000 Census, with a median of $25,034. The Asian householders in the area have reported their median household incomes at $51,563. This median is 14.1 percent less than the reported median for all households in the area. In Olmsted County, Minnesota White headed households reported household income (in 2005 Dollars) of $61,048 as reported in 2000 by the census, which was 1.7 percent greater than the median in the year 2000. Hispanic headed households in Olmsted County, Minnesota recorded a median income of $52,358, this income level is 12.8 percent less than the median reported for all households in the area.
When analyzed against other counties (and parishes) in the US, Olmsted County accounted a relatively high median income for households of $60,040 (2005 Dollars). The income level is 8.2 percent higher than the household income median in State of Minnesota of $55,120 and the median household income is 18.2 percent higher than the median in the US, which is $49,133.
Datasource: U.S. Bureau of the Census. 2000 Decennial Census. 2005 American Community Survey.
The poverty rate in Olmsted County, Minnesota has declined by 0.6 percent since the amounts published in 2000, moving from 6.4 percent to 5.8 percent.
The household income has declined from the inflation-adjusted 2000 income levels. The income level has decreased to $57,667, which represents a 4 percent decline. Olmsted County, Minnesota, when analyzing percentage of decline, ranks 11 of 11 counties in percent of decline for the household income level in the State of Minnesota. Olmsted County ranks 513 of 668 counties (or parishes) when comparing the decline in median income in the US.
While the median household income saw a decline in the last five year in Olmsted County, Minnesota, the Race/Ethnicity group that went through the most dramatic decline in the household income level was the White Race/Ethnicity category. This category went through a decline of 0.2 percent since 2000. The Hispanic Race/Ethnicity group has been least impacted by the median income decline in Olmsted County, experiencing a 92.1 percent increase in median household income from 2000 to 2005.
The American Indian and Alaska Native households in Olmsted County reported a median household income of $58,968, which was 1.8 percent less than the median level for total households in the area. Black or African American householders reported a median household income that was 58.3 percent less than the all population median published in the 2000 Census, with a median of $25,034. The Asian householders in the area have reported their median household incomes at $51,563. This median is 14.1 percent less than the reported median for all households in the area. In Olmsted County, Minnesota White headed households reported household income (in 2005 Dollars) of $61,048 as reported in 2000 by the census, which was 1.7 percent greater than the median in the year 2000. Hispanic headed households in Olmsted County, Minnesota recorded a median income of $52,358, this income level is 12.8 percent less than the median reported for all households in the area.
When analyzed against other counties (and parishes) in the US, Olmsted County accounted a relatively high median income for households of $60,040 (2005 Dollars). The income level is 8.2 percent higher than the household income median in State of Minnesota of $55,120 and the median household income is 18.2 percent higher than the median in the US, which is $49,133.
Datasource: U.S. Bureau of the Census. 2000 Decennial Census. 2005 American Community Survey.
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