Income and Poverty in Raleigh-Cary, NC
When put side-by-side with other Metros throughout the United States, the Raleigh-Cary metro area can be understood to have a poverty rate amongst the population, with a poverty rate of 8.2 percent of the population with family incomes below the 1999 poverty level. The Black or African American race/ethnicity population category, holds the highest rate of poverty with 16 percent of the people in 2000 living in poverty. The population that is aged Under 5 years are witness to the most percent living in poverty in Raleigh-Cary, accounting 17.4 percent of this age cohort living in poverty.
The median household income has increased sharply from the inflation-adjusted 2000 income levels. The income level has increased to $53,216, which amounts to a 25 percent growth. The Raleigh-Cary, NC MSA, in terms of percentage of growth, ranks 3 of 17 metro area in percent of growth for household income in North Carolina. Raleigh-Cary ranks 115 of 233 metro area when comparing total percent of growth in household income across the nation.
As the median household income witnessed a growth during the period of 2000 to 2005 in the Raleigh-Cary, NC metro area, the Race/Ethnicity group that experienced the largest growth in median income was the category. This group felt an of . percent from 2000 to 2005. The Race/Ethnicity category has been least effected by the income level growth in Raleigh-Cary, seeing a . percent in household income level, since the year 2005.
The poverty rate in the Raleigh-Cary, NC Metro has increased by 2.6 percent from the levels reported in the Decennial Census of 2000, moving from 8.2 percent to 10.8 percent.
Hispanic households in Raleigh-Cary, NC recorded a median income of $40,015, this median is 6 percent less than the reported median household income for all households in the area. The American Indian and Alaska Native households in Raleigh-Cary reported an income level of $28,913, this level was 32.1 percent less than the median level for total households in the area. In Raleigh-Cary, NC White householders had a median income (2005 Dollars) of $42,948 according to the Decennial Census of 2000, which was 0.9 percent greater than the median in 2000. The Asian headed households reported median household incomes of $71,370. This median income level is 67.7 percent greater than the reported median for all households in the area. Black or African American headed households had median income levels that were 14.6 percent less than the overall reported level in 2000, with a reported median of $36,365.
When analyzed against other Metropolitan Statistical Areas in the US, the Raleigh-Cary metro area accounted a medium-low median income for all households of $42,563 (2005 Dollars). This median is 7.7 percent lower than the median in North Carolina of $45,845 and the median household income is 15.4 percent lower 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 median household income has increased sharply from the inflation-adjusted 2000 income levels. The income level has increased to $53,216, which amounts to a 25 percent growth. The Raleigh-Cary, NC MSA, in terms of percentage of growth, ranks 3 of 17 metro area in percent of growth for household income in North Carolina. Raleigh-Cary ranks 115 of 233 metro area when comparing total percent of growth in household income across the nation.
As the median household income witnessed a growth during the period of 2000 to 2005 in the Raleigh-Cary, NC metro area, the Race/Ethnicity group that experienced the largest growth in median income was the category. This group felt an of . percent from 2000 to 2005. The Race/Ethnicity category has been least effected by the income level growth in Raleigh-Cary, seeing a . percent in household income level, since the year 2005.
The poverty rate in the Raleigh-Cary, NC Metro has increased by 2.6 percent from the levels reported in the Decennial Census of 2000, moving from 8.2 percent to 10.8 percent.
Hispanic households in Raleigh-Cary, NC recorded a median income of $40,015, this median is 6 percent less than the reported median household income for all households in the area. The American Indian and Alaska Native households in Raleigh-Cary reported an income level of $28,913, this level was 32.1 percent less than the median level for total households in the area. In Raleigh-Cary, NC White householders had a median income (2005 Dollars) of $42,948 according to the Decennial Census of 2000, which was 0.9 percent greater than the median in 2000. The Asian headed households reported median household incomes of $71,370. This median income level is 67.7 percent greater than the reported median for all households in the area. Black or African American headed households had median income levels that were 14.6 percent less than the overall reported level in 2000, with a reported median of $36,365.
When analyzed against other Metropolitan Statistical Areas in the US, the Raleigh-Cary metro area accounted a medium-low median income for all households of $42,563 (2005 Dollars). This median is 7.7 percent lower than the median in North Carolina of $45,845 and the median household income is 15.4 percent lower 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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