Thursday, January 11, 2007

Income and Poverty in Wood County, Wisconsin

When put side-by-side with other counties (or parishes) throughout the United States, Wood County, Wisconsin may be understood as having a rate of poverty among the people, accounting a rate of 6.5 percent of the population with family incomes below the 1999 poverty level. The Black or African American race/ethnicity population cohort, has the uppermost poverty rate with 12.8 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 Wood County, reporting 11.5 percent of the population in this age category living in poverty.

The household income has declined from the 2000 values (inflation adjusted). The median income has decreased to $44,062, posting a 9.5 percent decline. Wood County, Wisconsin, when comparing total percent of decline, ranks 12 of 21 counties in percent of decline for income levels in the State of Wisconsin. Wood County ranks 251 of 668 counties (or parishes) when comparing total percent of decline in household income across the nation.

Compared to other counties (and parishes) throughout the nation, Wood County accounted a relatively high median household income of $48,666 (2005 Dollars). The income level is 5.3 percent lower than the median income in State of Wisconsin of $51,235 and this is 1 percent lower than the median household income level in the US of $49,133.

Black or African American headed households had a median household income that was 18.7 percent greater than the total 2000 reported median, with a their median reported to be $57,769. In Wood County, Wisconsin White householders had a median household income (in 2005 Dollars) of $48,752 as reported in 2000 by the census, which was 0.2 percent greater than the median household income in 2000. The Asian householders in the area have reported their median household incomes at $47,812. This household income level is 1.8 percent less than the reported median for all households in the area. Hispanic Householders in Wood County, Wisconsin reported a median household income of $33,379, this median household income is 31.4 percent less than reported value of the areas total household median income for all households. The American Indian and Alaska Native householders in Wood County had a median income of $44,038, this level was 9.5 percent less than the median income level in this area.

As the median household income witnessed a decline during the period of 2000 to 2005 in Wood County, Wisconsin, the Race/Ethnicity category that felt the biggest decline in median income was the Black or African American Race/Ethnicity category. This category went through a decline of 71.9 percent since 2000. The American Indian and Alaska Native Race/Ethnicity category has been least effected by the income level decline in Wood County, seeing a 0.8 percent decline in household income level, since the year 2005.

The rate of poverty in Wood County, Wisconsin has increased by 1.7 percent from the rates reported in the Decennial Census, moving from 6.5 percent to 8.2 percent.

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

 

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