Thursday, January 11, 2007

Income and Poverty in Wright County, Minnesota

Hispanic in Wright County, Minnesota reported a median household income of $45,906, this median household income is 27.3 percent less than the areas median income level for all households. The households that were headed by an American Indian and Alaska Native individual in Wright County reported an income level of $33,638, this was 46.7 percent less than the median for all households. Black or African American householders reported household income levels that were 37.2 percent less than the total 2000 reported median, with a their median reported to be $39,650. In Wright County, Minnesota White headed households reported a median household income (2005 Dollars) of $63,278 according to the 2000 Dencennial Census, which was 0.3 percent greater than the median income in 2000. According to the 2000 Census, the Asian headed households in the area have median household incomes of $31,966. This median is 49.4 percent less than the reported median household income for all households in the area.

The household income has declined from the inflation-adjusted 2000 income levels. The income level has decreased to $59,615, which amounts to a 5.5 percent decline. Wright County, Minnesota, when analyzing percentage of decline, ranks 7 of 11 counties in percent of decline for median household income in the State of Minnesota. Wright County ranks 435 of 668 counties (or parishes) when comparing the decline in median household income in the United States.

Compared to other counties (and parishes) throughout the nation, Wright County was reported to have a very high median income for households of $63,116 (2005 Dollars). This median is 12.7 percent higher than the median in State of Minnesota of $55,120 and the median household income is 22.2 percent higher than the median for the rest of the nation, which is a reported $49,133.

When compared to other counties (or parishes) across the United States, Wright County, Minnesota may be understood as having a very low poverty rate amongst the population, with a poverty rate of 4.7 percent of the individuals existing in families with incomes under the poverty level in 1999. The Black or African American race/ethnicity population category, holds the highest rate of poverty with 19.9 percent of the population in 2000 living in poverty. Individuals aged 75 years and over have the largest percent of population in poverty in Wright County, accounting 11.2 percent of this age cohort living in poverty.

The poverty rate in Wright County, Minnesota has increased by 0.1 percent since the 2000 rates, moving from 4.7 percent to 4.8 percent.

As the median income level saw a decline since 2000 in Wright County, Minnesota, the Race/Ethnicity group that experienced the largest decline in the household income level was the White Race/Ethnicity category. This category went through a decline of 6.1 percent from 2000 to 2005. The American Indian and Alaska Native population group was least impacted by the household income decline in Wright County, experiencing a 275.9 percent increase in median household income from 2000 to 2005.

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

 

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