Thursday, January 11, 2007

Income and Poverty in Grand Forks, ND-MN

While the median household income saw a decline from 2000 to 2005 in the Grand Forks, ND-MN metro area, the Race/Ethnicity category that felt the biggest decline in household income was the American Indian and Alaska Native Race/Ethnicity category. This category went through a decline of 32 percent since the year 2000. The Hispanic population group was least impacted by the household income decline in Grand Forks, seeing a 3.4 percent decline in median income, since the values reporting the 2000 Decennial Census.

The median household income has declined a small amount from the 2000 values (inflation adjusted). The median income has decreased to $41,519, which amounts to a 0.2 percent decline. The Grand Forks, ND-MN MSA, in terms of percentage of decline, ranks 8 of 10 metro area in percent of decline for household income in North Dakota. Grand Forks ranks 232 of 233 metro area when comparing the decline in median household income in the United States.

When put side-by-side with other Metros throughout the United States, the Grand Forks metro area may be understood as having a medium-low rate of poverty among its population, accounting a rate of 11.9 percent of the population with family incomes below the 1999 poverty level. The American Indian and Alaska Native race/ethnicity population cohort, has the uppermost poverty rate with 38.3 percent of the people in 2000 living in poverty. The population that is aged Under 5 years are experiencing most percent people in poverty in Grand Forks, reporting 19 percent of the population in this age category living in poverty.

In Grand Forks, ND-MN White householders had a median household income (in 2005 Dollars) of $42,325 as reported by the Decennial Census of 2000, which was 1.7 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 $40,950. This median is 1.6 percent less than the reported median for all households in the area. The households that were headed by an American Indian and Alaska Native individual in Grand Forks had a median household income level of $30,629, this was 26.4 percent less than the median income level in this area. Black or African American headed households had a median household income that was 12.3 percent less than the overall median reported in 2000, with a reported median of $36,510. Hispanic in Grand Forks, ND-MN reported a median household income of $31,013, which is 25.5 percent less than the median reported for all households in the area.

The poverty rate in the Grand Forks, ND-MN Metro has increased by 0.4 percent from the levels reported in the Decennial Census of 2000, moving from 11.9 percent to 12.3 percent.

Compared to other MSAs throughout the nation, the Grand Forks metro area accounted a medium-low household income of $41,608 (Adjusted to 2005 Dollars). This is 2.7 percent higher than the median in State of North Dakota of $40,487 and the income level is 18.1 percent lower than the median household income level in the US of $49,133.

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

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