Income and Poverty in Lake County, Ohio
The American Indian and Alaska Native households in Lake County reported an income level of $31,363, this median was 45 percent less than the areas median level for all households. According to the 2000 Census, the Asian headed households in the area have median household incomes of $75,038. This median is 31.5 percent greater than the reported median for all households in the area. Black or African American householders reported a median household income that was 30.3 percent less than the total 2000 reported median, with a their median reported to be $39,771. Hispanic in Lake County, Ohio , as reported in 2000, had a median household income of $42,768, this median is 25 percent less than reported value of the areas total household median income for all households. In Lake County, Ohio White headed households reported household income (in 2005 Dollars) of $57,455 as reported in 2000 by the census, which was 0.7 percent greater than the median in the year 2000.
The median household income has declined from the inflation-adjusted values in 2000. The income level has decreased to $48,885, which represents a 14.3 percent decline. Lake County, Ohio, in terms of percent of decline, ranks 5 of 38 counties in percent of decline for household income in Ohio. Lake County ranks 63 of 668 counties (or parishes) when comparing total percent of decline in median income in the US.
Compared to counties across the United States, Lake County was reported to have a relatively high median income for households of $57,053 (2005 Dollars). This median is 16 percent higher than the median in State of Ohio of $47,919 and the median is 13.9 percent higher than the median in the US, which is $49,133.
While household income level experienced a decline since 2000 in Lake County, Ohio, the Race/Ethnicity category that felt the biggest decline in median household income was the American Indian and Alaska Native Race/Ethnicity category. This group experienced a decline of 2125745.6 percent from 2000 to 2005. The Asian Race/Ethnicity category has been least effected by the income level decline in Lake County, seeing a 1.3 percent increase in median income, since the values reported in the 2000 Decennial Census.
Evaluated with other counties (or parishes) across the nation, Lake County, Ohio can be recognized as having a very low poverty rate amid the residents with a poverty rate of 5.1 percent with a family income under the 1999 poverty level. The Hispanic race/ethnicity population cohort, has the uppermost poverty rate with 20 percent of the population in 2000 living in poverty. Individuals aged Under 5 years have the most percent of people living in poverty in Lake County, reporting 8.9 percent of the population in this age category living in poverty.
The rate of poverty in Lake County, Ohio has increased by 3.2 percent since the 2000 rates, moving from 5.1 percent to 8.3 percent.
Datasource: U.S. Bureau of the Census. 2000 Decennial Census. 2005 American Community Survey.
The median household income has declined from the inflation-adjusted values in 2000. The income level has decreased to $48,885, which represents a 14.3 percent decline. Lake County, Ohio, in terms of percent of decline, ranks 5 of 38 counties in percent of decline for household income in Ohio. Lake County ranks 63 of 668 counties (or parishes) when comparing total percent of decline in median income in the US.
Compared to counties across the United States, Lake County was reported to have a relatively high median income for households of $57,053 (2005 Dollars). This median is 16 percent higher than the median in State of Ohio of $47,919 and the median is 13.9 percent higher than the median in the US, which is $49,133.
While household income level experienced a decline since 2000 in Lake County, Ohio, the Race/Ethnicity category that felt the biggest decline in median household income was the American Indian and Alaska Native Race/Ethnicity category. This group experienced a decline of 2125745.6 percent from 2000 to 2005. The Asian Race/Ethnicity category has been least effected by the income level decline in Lake County, seeing a 1.3 percent increase in median income, since the values reported in the 2000 Decennial Census.
Evaluated with other counties (or parishes) across the nation, Lake County, Ohio can be recognized as having a very low poverty rate amid the residents with a poverty rate of 5.1 percent with a family income under the 1999 poverty level. The Hispanic race/ethnicity population cohort, has the uppermost poverty rate with 20 percent of the population in 2000 living in poverty. Individuals aged Under 5 years have the most percent of people living in poverty in Lake County, reporting 8.9 percent of the population in this age category living in poverty.
The rate of poverty in Lake County, Ohio has increased by 3.2 percent since the 2000 rates, moving from 5.1 percent to 8.3 percent.
Datasource: U.S. Bureau of the Census. 2000 Decennial Census. 2005 American Community Survey.
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