Data Report 3

High Country Income

Wilkes County
 
1990 Census
 
2000 Census
% Change
Total Households
22,943
 
26,667
16.23%
 
 
% of Total
 
% of Total
Income Less than $25,000
12,569
$55
9,744
36.54%
Income $25,000 to $49,999
7,943
3462.00%
9,200
34.50%
Income $50,000 to $74,999
1,542
672.00%
4,687
17.58%
Income $75,000 or More
889
387.00%
3,036
11.38%
 
 
 
 
% Change
Median Household Income
$22,261
 
$34,258
53.89%
Average Household Income
$27,782
 
$42,887
54.37%
 
 
 
 
% Change
Aggregate Household Income
$637,402,051
 
$1,143,675,500
79.43%
 
 
% of Total
 
% of Total
Wage or Salary Income
$494,075,100
77.51%
$824,208,200
72.07%
Self-Employment Income
$43,788,689
6.87%
$87,251,200
7.63%
Interest-Dividends-Net Rental Income
$32,921,030
5.16%
$73,793,300
6.45%
Social Security Income
$40,010,830
6.28%
$79,477,300
6.95%
Supplemental Security Income
 
 
$6,551,500
0.57%
Public Assistance Income
$5,885,585.00
0.92%
$1,026,700
0.09%
Retirement Income
$14,992,906
2.35%
$53,458,300
4.67%
Other Types of Income
$5,727,911
0.90%
$17,909,000
1.57%
 
 
 
 
% Change
Total Families
17,583
 
19,445
10.59%
 
 
% of Total
 
% of Total
Income Less than $25,000
8,159
46.40%
4,972
25.57%
Income $25,000 to $49,999
7,127
40.53%
7,500
38.57%
Income $50,000 to $74,999
1,441
8.20%
4,191
21.55%
Income $75,000 or More
856
4.87%
2,782
14.31%
 
 
 
 
% Change
Median Family Income
$26,476
 
$40,607
53.37%
Average Family Income
$30,119
 
$49,206
63.37%
 
 
 
 
% Change
Per Capita Income
$10,816
 
$17,516
61.95%
         
 
Male
Female
Total
Median Earnings 2000 $24,170 $17,262 $20,814
Average per Job 2000 $30,256 $20,166 $25,699
       
Living Income Standard-2003
Adult & Infant
Adult, Infant, & Preschooler
2 Adults, Infant, & Preschooler
Monthly-Housing $425 $425 $425
Food $256 $345 $497
Misc $211 $239 $286
Child Care $405 $920 $920
Transportation $211 $211 $297
Health Care $247 $263 $300
Taxes $122 $308 $267
Annual Total $22,524 $32,532 $35,904
Hourly Wage to Provide LIS $ 10.83 $15.64 $ 17.26
       
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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