Data Report 3

High Country Income

Mitchell County
 
1990 Census
 
2000 Census
% Change
Total Households
5,729
 
6,580
14.85%
 
 
% of Total
 
% of Total
Income Less than $25,000
3,392
59.21%
2,707
41.14%
Income $25,000 to $49,999
1,828
31.91%
2,360
35.87%
Income $50,000 to $74,999
353
6.16%
928
14.10%
Income $75,000 or More
156
2.72%
585
8.89%
 
 
 
 
% Change
Median Household Income
$20,554
 
$30,508
48.43%
Average Household Income
$25,651
 
$37,423
45.89%
 
 
 
 
% Change
Aggregate Household Income
$146,954,869
 
$246,243,500
67.56%
 
 
% of Total
 
% of Total
Wage or Salary Income
$103,989,436
70.76%
$171,163,900
69.51%
Self-Employment Income
$6,812,250
4.64%
$14,442,200
5.87%
Interest-Dividends-Net Rental Income
$11,653,998
7.93%
$13,755,800
5.59%
Social Security Income
$13,259,831
9.02%
$23,750,800
9.65%
Supplemental Security Income
 
 
$2,377,700
0.97%
Public Assistance Income
$1,735,093
1.18%
$359,100
0.15%
Retirement Income
$6,846,426
4.66%
$15,074,000
6.12%
Other Types of Income
$2,657,835
1.81%
$5,320,000
2.16%
 
 
 
 
% Change
Total Families
4,483
 
4,776
6.54%
 
 
% of Total
 
% of Total
Income Less than $25,000
2,324
51.84%
1,383
28.96%
Income $25,000 to $49,999
1,700
37.92%
2,005
41.98%
Income $50,000 to $74,999
322
7.18%
830
17.38%
Income $75,000 or More
137
3.06%
558
11.68%
 
 
 
 
% Change
Median Family Income
$24,063
 
$36,367
51.13%
Average Family Income
$27,561
 
$43,345
57.27%
 
 
 
 
% Change
Per Capita Income
$10,219
 
$15,933
55.92%
         
 
Male
Female
Total
Median Earnings 2000 $23,287 $15,780 $20,226
Average per Job 2000 $27,482 $18,299 $23,309
       
Living Income Standard-2003
Adult & Infant
Adult, Infant, & Preschooler
2 Adults, Infant, & Preschooler
Monthly-Housing $443 $443 $443
Food $256 $345 $497
Misc $217 $244 $291
Child Care $438 $953 $953
Transportation $211 $211 $297
Health Care $247 $263 $300
Taxes $151 $351 $285
Annual Total $23,556 $33,720 $36,792
Hourly Wage to Provide LIS $ 11.33 $16.21 $ 17.69
       
Poverty Guideline for Family Size $12,207 $14,269 $17,960
Hourly Wage to Reach Threshold $ 5.86 $6.86 $ 8.63

Source:
Income figures: 1990, 2000 Census, compiled by High Country Council of Governments, December, 2003

Living Income Standard developed by the NC Justice and Community Development Center www.ncjustice.org :
Housing costs based on HUD Fair Market Values for renting in county and include utilities
Food costs use USDA Low Cost Plan for meals prepared at home based on nutritionally sound diet adjusted for age and gender
Miscellaneous costs include clothing, personal care items, telephone, household supplies, and other incidentals
Child Care is based on the 2001 NC Childcare Market Rate Survey for licensed facilities
Transportation is based on ownership and operating costs of a car: gas, insurance, fees, maintenance. The formula used considers only non-social trips for the first adult in the family and only employment-related trips for a second.
Health Care allows for costs involved in purchasing both personal and dependent insurance and out-of-pocket expenses
Taxes are based on family composition and income and include federal and state income taxes, Social Security, and Medicaid as well as any Earned Income or Childcare Credit that may be appropriate

Assumes no periodic debt or savings program

Data Report 3: Narrative

Data for Other Units

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