Income and Poverty in Charlotte-Gastonia-Concord, NC-SC
The poverty rate in the Charlotte-Gastonia-Concord, NC-SC Metro has increased by 2.6 percent since the 2000 rates, moving from 9.3 percent to 11.9 percent.
Compared to other MSAs throughout the nation, the Charlotte-Gastonia-Concord metro area had a relatively high median income for households of $53,959 (Adjusted to 2005 Dollars). This figure is 15 percent higher than the median in State of North Carolina of $45,845 and the median is 8.9 percent higher than the median for the rest of the nation, which is a reported $49,133.
Black or African American headed households had median income levels that were 28.3 percent less than the total 2000 reported median, with a their median reported to be $38,664. It was reported in 2000 that the Asian headed households had median household incomes of $63,109. This income level is 17 percent greater than the all households reported median in the area. Hispanic headed households in Charlotte-Gastonia-Concord, NC-SC , according to the 2000 census, had a median household income of $43,619, this median household income is 19.2 percent less than the median reported for all households in the area. The American Indian and Alaska Native households in Charlotte-Gastonia-Concord reported a median household income of $44,241, which was 18 percent less than the areas median level for all households. In Charlotte-Gastonia-Concord, NC-SC White headed households reported household income (in 2005 Dollars) of $58,913 as reported by the Decennial Census of 2000, which was 9.2 percent greater than the median in 2000.
As the median household income witnessed a decline during the period of 2000 to 2005 in the Charlotte-Gastonia-Concord, NC-SC metro area, the Race/Ethnicity category that saw the sharpest decline in the household income level was the Hispanic Race/Ethnicity category. This category went through a decline of 38.4 percent in the last five years. The Asian population category was least influenced by the median household income decline in Charlotte-Gastonia-Concord, experiencing a 35.4 percent increase in household income level, since the year 2005.
Contrasted against to other Metropolitan Areas throughout the US, the Charlotte-Gastonia-Concord metro area can be recognized as having a rate of poverty among the people, accounting a rate of 9.3 percent of people living in a family with an income below the poverty level in 1999. The Hispanic race/ethnicity population cohort, has the uppermost poverty rate with 24.1 percent of the people in 2000 living in poverty. The population that is aged 5 years have the largest percent of population in poverty in Charlotte-Gastonia-Concord, having 14.1 percent of this age group in the area living in poverty.
The household income has declined from the inflation-adjusted 2000 income levels. The income level has decreased to $47,104, representing a 12.7 percent decline. The Charlotte-Gastonia-Concord, NC-SC MSA, in terms of percentage of decline, ranks 6 of 10 metro area in percent of decline for household income in North Carolina. Charlotte-Gastonia-Concord ranks 45 of 233 metro area when comparing total percent of decline in median income in the US.
Datasource: U.S. Bureau of the Census. 2000 Decennial Census. 2005 American Community Survey.
Compared to other MSAs throughout the nation, the Charlotte-Gastonia-Concord metro area had a relatively high median income for households of $53,959 (Adjusted to 2005 Dollars). This figure is 15 percent higher than the median in State of North Carolina of $45,845 and the median is 8.9 percent higher than the median for the rest of the nation, which is a reported $49,133.
Black or African American headed households had median income levels that were 28.3 percent less than the total 2000 reported median, with a their median reported to be $38,664. It was reported in 2000 that the Asian headed households had median household incomes of $63,109. This income level is 17 percent greater than the all households reported median in the area. Hispanic headed households in Charlotte-Gastonia-Concord, NC-SC , according to the 2000 census, had a median household income of $43,619, this median household income is 19.2 percent less than the median reported for all households in the area. The American Indian and Alaska Native households in Charlotte-Gastonia-Concord reported a median household income of $44,241, which was 18 percent less than the areas median level for all households. In Charlotte-Gastonia-Concord, NC-SC White headed households reported household income (in 2005 Dollars) of $58,913 as reported by the Decennial Census of 2000, which was 9.2 percent greater than the median in 2000.
As the median household income witnessed a decline during the period of 2000 to 2005 in the Charlotte-Gastonia-Concord, NC-SC metro area, the Race/Ethnicity category that saw the sharpest decline in the household income level was the Hispanic Race/Ethnicity category. This category went through a decline of 38.4 percent in the last five years. The Asian population category was least influenced by the median household income decline in Charlotte-Gastonia-Concord, experiencing a 35.4 percent increase in household income level, since the year 2005.
Contrasted against to other Metropolitan Areas throughout the US, the Charlotte-Gastonia-Concord metro area can be recognized as having a rate of poverty among the people, accounting a rate of 9.3 percent of people living in a family with an income below the poverty level in 1999. The Hispanic race/ethnicity population cohort, has the uppermost poverty rate with 24.1 percent of the people in 2000 living in poverty. The population that is aged 5 years have the largest percent of population in poverty in Charlotte-Gastonia-Concord, having 14.1 percent of this age group in the area living in poverty.
The household income has declined from the inflation-adjusted 2000 income levels. The income level has decreased to $47,104, representing a 12.7 percent decline. The Charlotte-Gastonia-Concord, NC-SC MSA, in terms of percentage of decline, ranks 6 of 10 metro area in percent of decline for household income in North Carolina. Charlotte-Gastonia-Concord ranks 45 of 233 metro area when comparing total percent of decline in median income in the US.
Datasource: U.S. Bureau of the Census. 2000 Decennial Census. 2005 American Community Survey.
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