Household Income in the Hofmann Forest, Onslow County, North Carolina (Unorganized Territory)

Map of Household Income by Tract in the Hofmann Forest

Median Household Income by Tract#1

Median household income ($):
$50,570$50,820$51,070$51,330$51,580$51,830

20th Percentile Household Income by Tract#2

20th percentile of household income ($):
$20,100$21,500$22,900$24,400$25,800$27,200

Mean of the Top 5% Household Income by Tract#3

Mean household income of the top 5% of households ($):
$181k$230k$279k$328k$376k$426k

Gini Index Household Income by Tract#4

Gini Index of income inequality (larger Gini Index means more inequality) (%):
38.9%40.4%41.9%43.4%44.9%46.5%
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Definitions

  • Household Income: total income from all people in the household
  • Median: in terms of income, it is the income for which 50% of households have a lower income, and 50% have a higher income
  • Percentile: for example, the 80th percentile of household income is the income for which 80% of household have a lower income and 20% have a higher income
  • Quintile: a quintile is 20% of a population, grouped by percentile; for example, the 2nd quintile is all members of a population between the 20th and 40th percentiles
  • Gini Index: a statistical measure of how unevenly income is distributed in a population (ranging from 0% to 100%, the higher the number, the greater the inequality)

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