Data Report 3

High Country Income

North Carolina
 
1990 Census
 
2000 Census
% Change
Total Households 2,517,098   3,133,282 24.48%
    % of Total   % of Total
Income Less than $25,000 1,176,892 46.76% 961,594 30.69%
Income $25,000 to $49,999 876,142 34.81% 989,016 31.56%
Income $50,000 to $74,999 312,349 12.41% 608,777 19.43%
Income $75,000 or More 151,715 6.03% 573,895 18.32%
        %Change
Median Household Income $26,647   $39,184 47.05%
Average Household Income $33,242   $51,225 54.10%
        %Change
Aggregate Household Income $83,674,186,261   $160,501,247,200 91.82%
    % of Total   % of Total
Wage or Salary Income $64,293,490,457 76.84% $120,774,066,000 75.25%
Self-Employment Income $5,106,841,407 6.10% $8,975,846,500 5.59%
Interest-Dividends-Net Rental Income $5,227,235,295 6.25% $9,722,221,800 6.06%
Social Security Income $4,602,969,885 5.50% $8,488,417,400 5.29%
Supplemental Security Income     $747,547,400 0.47%
Public Assistance Income $544,517,305.00 0.65% $196,574,500 0.12%
Retirement Income $3,008,540,189 3.60% $8,667,813,500 5.40%
Other Types of Income $890,591,723 1.06% $2,928,760,100 1.82%
        %Change
Total Families 1,824,465   2,173,346 19.12%
    % of Total   % of Total
Income Less than $25,000 683,216 37.45% 484,372 22.29%
Income $25,000 to $49,999 720,557 39.49% 692,083 31.84%
Income $50,000 to $74,999 282,765 15.50% 497,451 22.89%
Income $75,000 or More 137,927 7.56% 499,440 22.98%
        %Change
Median Family Income $31,548   $46,335 46.87%
Average Family Income $38,064   $58,789 54.45%
        %Change
Per Capita Income $12,885   $20,307 57.60%
         
 
Male
Female
Total
Median Earnings 2000 $26,812 $18,619 $22,276
Average per Job 2000 $35,961 $22,230 $29,486
         
Living Income Standard-2003 Adult & Infant 2 Adults, Infant, & Preschooler Adult & Infant 2 Adults, Infant, & Preschooler
Urban Urban Rural Rural
Monthly-Housing $616 $ 616 $437 $437
Food $256 $ 497 $256 $497
Misc $270 $ 345 $215 $290
Child Care $442 $ 954 $408 $924
Transportation $177 $250 $211 $290
Health Care $247 $300 $247 $300
Taxes $270 $344 $133 $273
Annual Total $27,336 $39,672 $22,884 $36,216
Hourly Wage to Provide LIS $ 13.14 $ 19.07 $11.00 $17.41
         
Poverty Guideline for Family Size $12,207 $17,960 $12,207 $17,960
Hourly Wage to Reach Threshold $5.86 $ 8.63 $5.86 $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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