Thursday, January 11, 2007

Income and Poverty in Amarillo, TX

The median household income has declined from the 2000 values (inflation adjusted). The median income has decreased to $36,603, which amounts to a 12.3 percent decline. The Amarillo, TX MSA, in terms of percentage of decline, ranks 6 of 22 metro area in percent of decline for household income in Texas. Amarillo ranks 49 of 233 metro area when comparing total percent of decline in median income level for the United States.

While the median household income saw a decline in the last five year in the Amarillo, TX metro area, the Race/Ethnicity category that saw the sharpest decline in median income was the Hispanic Race/Ethnicity category. This category went through a decline of 35.8 percent from 2000 to 2005. The American Indian and Alaska Native Race/Ethnicity category has been least effected by the income level decline in Amarillo, undergoing a 21.1 percent increase in household income level, since the year 2005.

Contrasted against to other Metropolitan Areas throughout the US, the Amarillo metro area can be considered to have a medium-high rate of poverty among its population, accounting a rate of 13.8 percent of the population with family incomes below the 1999 poverty level. The Black or African American race/ethnicity demographic group, represents the largest rate of poverty with 34.2 percent of the population in 2000 living in poverty. Individuals aged 5 years are witness to the most percent living in poverty in Amarillo, with 22.3 percent of this age group in the area living in poverty.

The poverty rate in the Amarillo, TX Metro has increased by 0.6 percent from the levels reported in the Decennial Census of 2000, moving from 13.8 percent to 14.4 percent.

Compared to other MSAs throughout the nation, the Amarillo metro area accounted a medium-low median household income of $41,744 (2005 Dollars). This median is 11.9 percent lower than the median income in State of Texas of $46,715 and the median is 17.7 percent lower than the median in the US, which is $49,133.

According to the 2000 Census, the Asian headed households in the area have median household incomes of $46,573. This household income level is 11.6 percent greater than the reported median for all households in the area. The American Indian and Alaska Native households in Amarillo reported an income level of $31,444, this was 24.7 percent less than the areas median level for all households. Black or African American householders reported a median household income that was 39 percent less than the overall reported level in 2000, with a reported median of $25,474. Hispanic households in Amarillo, TX , according to the 2000 census, had a median household income of $32,644, this median is 21.8 percent less than the reported median household income for all households in the area. In Amarillo, TX White headed households reported household income (in 2005 Dollars) of $43,707 according to the Decennial Census of 2000, which was 4.7 percent greater than the median in 2000.

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

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