Thursday, January 11, 2007

Income and Poverty in Scott County, Minnesota

When analyzed against other counties (and parishes) in the US, Scott County had a very high median income for all households of $77,936 (Adjusted to 2005 Dollars). This figure is 29.3 percent higher than the household income median in State of Minnesota of $55,120 and the median household income is 37 percent higher than the median household income level in the US of $49,133.

The median household income in the area has increased a small amount from the 2000 values (inflation adjusted). The median income has increased to $78,106, representing a 0.2 percent growth. Scott County, Minnesota, in terms of percentage of growth, ranks 1 of 1 counties in percent of growth for household income in Minnesota. Scott County ranks 113 of 119 counties (or parishes) when comparing the growth in median income in the US.

In Scott County, Minnesota White householders had a median household income (in 2005 Dollars) of $78,432 as reported in 2000 by the census, which was 0.6 percent greater than the median in 2000. It was reported in 2000 that the Asian headed households had median household incomes of $77,068. This income level is 1.1 percent less than the reported median household income, in the area, for all households. Hispanic in Scott County, Minnesota recorded a median income of $49,482, this median household income is 36.5 percent less than the median reported for all households in the area. The households that were headed by an American Indian and Alaska Native individual in Scott County reported a median household income of $58,500, this was 24.9 percent less than the median income level in this area. Black or African American headed households had median income levels that were 31.7 percent less than the overall median reported in 2000, with a reported median of $53,260.

When compared to other counties (or parishes) across the United States, Scott County, Minnesota may be understood as having a very low poverty rate amid the residents with a poverty rate of 3.4 percent with a family income under the 1999 poverty level. The Hispanic race/ethnicity population cohort, has the uppermost poverty rate with 21.1 percent of the 2000 population living in poverty. People that are of the age 75 years and over are witness to the most percent living in poverty in Scott County, accounting 12.9 percent of this demographic group living with incomes under poverty.

The rate of poverty in Scott County, Minnesota has declined by 0.9 percent from the rates reported in the Decennial Census, moving from 3.4 percent to 2.5 percent.

While the median household income saw a growth from 2000 to 2005 in Scott County, Minnesota, the Race/Ethnicity category that saw the sharpest growth in the household income level was the Black or African American category. This group felt an increase of 91.9 percent since the year 2000. The American Indian and Alaska Native population group was least impacted by the household income growth in Scott County, encountering a 1 percent decline 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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