Income and Poverty in Lynchburg, VA
The areas median household income has declined from the values (adjusted for inflation) in 2000. The median has decreased to $40,598, posting a 6.2 percent decline. The Lynchburg, VA MSA, in terms of percentage of decline, ranks 4 of 5 metro area in percent of decline for income levels in the State of Virginia. Lynchburg ranks 157 of 233 metro area in terms of the decline in median income level for the United States.
Compared to other MSAs throughout the nation, the Lynchburg metro area accounted a medium-low median household income of $43,302 (2005 Dollars). This median is 26.1 percent lower than the median income in State of Virginia of $54,612 and this is 13.5 percent lower than the median household income level in the US of $49,133.
In Lynchburg, VA White headed households reported a median household income (2005 Dollars) of $46,953 according to the 2000 Dencennial Census, which was 8.4 percent greater than the median in 2000. Hispanic households in Lynchburg, VA reported a median household income of $35,563, this median household income is 17.9 percent less than the reported median household income for all households in the area. The Asian householders in the area have reported their median household incomes at $51,919. This median income level is 19.9 percent greater than the all households reported median in the area. Black or African American headed households had a median household income that was 31.5 percent less than the overall reported level in 2000, with a reported median of $29,670. The households that were headed by an American Indian and Alaska Native individual in Lynchburg reported an income level of $45,755, this was 5.7 percent greater than the median for all households.
As the median household income witnessed a decline in the last five year in the Lynchburg, VA metro area, the Race/Ethnicity group that experienced the largest decline in median income was the Hispanic Race/Ethnicity category. This group experienced a decline of 18.2 percent since 2000. The Hispanic population category was least influenced by the median household income decline in Lynchburg, encountering a 18.2 percent decline in household income level, since the year 2005.
Evaluated with other MSAs across the nation, the Lynchburg metro area can be understood to have a medium-low poverty rate amid the residents with a poverty rate of 11.4 percent of the individuals existing in families with incomes under the poverty level in 1999. The Black or African American race/ethnicity demographic category, owns the foremost rate of poverty with 25.7 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 Lynchburg, having 18.1 percent of the population in this age category living in poverty.
The poverty rate in the Lynchburg, VA Metro has increased by 0.6 percent from the rates reported in the Decennial Census, moving from 11.4 percent to 12 percent.
Datasource: U.S. Bureau of the Census. 2000 Decennial Census. 2005 American Community Survey.
Compared to other MSAs throughout the nation, the Lynchburg metro area accounted a medium-low median household income of $43,302 (2005 Dollars). This median is 26.1 percent lower than the median income in State of Virginia of $54,612 and this is 13.5 percent lower than the median household income level in the US of $49,133.
In Lynchburg, VA White headed households reported a median household income (2005 Dollars) of $46,953 according to the 2000 Dencennial Census, which was 8.4 percent greater than the median in 2000. Hispanic households in Lynchburg, VA reported a median household income of $35,563, this median household income is 17.9 percent less than the reported median household income for all households in the area. The Asian householders in the area have reported their median household incomes at $51,919. This median income level is 19.9 percent greater than the all households reported median in the area. Black or African American headed households had a median household income that was 31.5 percent less than the overall reported level in 2000, with a reported median of $29,670. The households that were headed by an American Indian and Alaska Native individual in Lynchburg reported an income level of $45,755, this was 5.7 percent greater than the median for all households.
As the median household income witnessed a decline in the last five year in the Lynchburg, VA metro area, the Race/Ethnicity group that experienced the largest decline in median income was the Hispanic Race/Ethnicity category. This group experienced a decline of 18.2 percent since 2000. The Hispanic population category was least influenced by the median household income decline in Lynchburg, encountering a 18.2 percent decline in household income level, since the year 2005.
Evaluated with other MSAs across the nation, the Lynchburg metro area can be understood to have a medium-low poverty rate amid the residents with a poverty rate of 11.4 percent of the individuals existing in families with incomes under the poverty level in 1999. The Black or African American race/ethnicity demographic category, owns the foremost rate of poverty with 25.7 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 Lynchburg, having 18.1 percent of the population in this age category living in poverty.
The poverty rate in the Lynchburg, VA Metro has increased by 0.6 percent from the rates reported in the Decennial Census, moving from 11.4 percent to 12 percent.
Datasource: U.S. Bureau of the Census. 2000 Decennial Census. 2005 American Community Survey.
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