Household Income in Fairmont, New Albany, Indiana (Neighborhood)

Household Income Percentiles#1

Scope: households in New Albany and Fairmont
Fairmont
New Albany
$0k$50k$100k%95th Percentile80th Percentile60th PercentileMedian40th Percentile20th Percentile$97,815.271357$133,262.000000$97,815.271357$97.8k291.324%291%$59,283.973050$79,204.000000$59,283.973050$59.3k176.566%177%$37,694.171329$51,106.000000$37,694.171329$37.7k112.265%112%$33,576.093485$41,456.000000$33,576.093485$33.6k100.000%100%$27,894.194492$32,777.000000$27,894.194492$27.9k83.078%83.1%$15,254.370872$16,615.000000$15,254.370872$15.3k45.432%45.4%
% as percentage of median household income

Relative Household Income Percentiles#2

Selected measures of household income in Fairmont, as a percentage more or less than New Albany at large.
Scope: households in New Albany and Fairmont
20%10%0%$ref.95th Percentile80th Percentile60th PercentileMedian40th Percentile20th Percentile-26.599277%-26.599277%26.6%$97,815.271357$97.8k$133,262.000000$133.3k-25.150279%-25.150279%25.2%$59,283.973050$59.3k$79,204.000000$79.2k-26.243159%-26.243159%26.2%$37,694.171329$37.7k$51,106.000000$51.1k-19.007879%-19.007879%19.0%$33,576.093485$33.6k$41,456.000000$41.5k-14.897048%-14.897048%14.9%$27,894.194492$27.9k$32,777.000000$32.8k-8.189161%-8.189161%8.2%$15,254.370872$15.3k$16,615.000000$16.6k
$ given measure of household income in Fairmont
ref. given measure of household income in New Albany

Household Income Interval Means#3

Scope: households in New Albany and Fairmont
Fairmont
New Albany
$0k$100k$200k$300k$400k%Mean of Top 5%Mean of Top 20%Mean of 4th QuintileMean of 3rd QuintileMean of 2nd QuintileMean of Bottom 20%$403,581.177564$204,018.000000$403,581.177564$403.6k1,201.990%1,202%$159,177.388549$125,897.000000$159,177.388549$159.2k474.080%474%$48,662.301503$63,966.000000$48,662.301503$48.7k144.931%145%$32,888.326047$41,659.000000$32,888.326047$32.9k97.952%98.0%$19,504.038314$24,485.000000$19,504.038314$19.5k58.089%58.1%$6,757.956517$9,167.000000$6,757.956517$6.8k20.127%20.1%
% as percentage of median household income

Relative Household Income Interval Means#4

Selected measures of household income in Fairmont, as a percentage more or less than New Albany at large.
Scope: households in New Albany and Fairmont
0%50%$ref.Mean of Top 5%Mean of Top 20%Mean of 4th QuintileMean of 3rd QuintileMean of 2nd QuintileMean of Bottom 20%97.816456%97.816456%97.8%$403,581.177564$403.6k$204,018.000000$204.0k26.434616%26.434616%26.4%$159,177.388549$159.2k$125,897.000000$125.9k-23.924739%-23.924739%23.9%$48,662.301503$48.7k$63,966.000000$64.0k-21.053491%-21.053491%21.1%$32,888.326047$32.9k$41,659.000000$41.7k-20.342911%-20.342911%20.3%$19,504.038314$19.5k$24,485.000000$24.5k-26.279519%-26.279519%26.3%$6,757.956517$6.8k$9,167.000000$9.2k
$ given measure of household income in Fairmont
ref. given measure of household income in New Albany

Shares of Household Income#5

By quintiles and the top 5%.
Scope: households in New Albany and Fairmont
Fairmont
New Albany
0%10%20%30%40%50%%Top 5%Top 20%4th Quintile3rd Quintile2nd QuintileBottom 20%37.799910%19.230000%37.799910%37.8%755.998209%756%59.627453%47.480000%59.627453%59.6%298.137263%298%18.226193%24.120000%18.226193%18.2%91.130965%91%12.315208%15.710000%12.315208%12.3%61.576039%62%7.303182%9.230000%7.303182%7.3%36.515912%37%2.527964%3.460000%2.527964%2.5%12.639822%13%
% share as percentage of interval size

Relative Shares of Household Income#6

By quintiles and the top 5% in Fairmont, as a percentage more or less than in New Albany at large.
Scope: households in New Albany and Fairmont
20%0%20%40%60%80%%ref.Top 5%Top 20%4th Quintile3rd Quintile2nd QuintileBottom 20%96.567397%96.567397%96.6%37.799910%38%19.230000%19%25.584357%25.584357%25.6%59.627453%60%47.480000%47%-24.435352%-24.435352%24.4%18.226193%18%24.120000%24%-21.609117%-21.609117%21.6%12.315208%12%15.710000%16%-20.875598%-20.875598%20.9%7.303182%7%9.230000%9%-26.937447%-26.937447%26.9%2.527964%3%3.460000%3%
% given interval's share of household income in Fairmont
ref. given interval's share of household income in New Albany

Household Income Distribution#7

Normalized with respect to a standard interval of $5k. Gray areas represent percentile bands from the neighborhoods in New Albany.
Scope: households in New Albany, Fairmont, and other neighborhoods in New Albany
Fairmont
New Albany
Percentile:
0th - 100th
10th - 90th
20th - 80th
30th - 70th
40th - 60th
0%5%10%15%Count%> $200k1$150-200k2$125-150k2$100-125k2$75-100k2$60-75k2$50-60k2$45-50k$40-45k$35-40k$30-35k$25-30k$20-25k$15-20k$10-15k< $10k2102.412%2.41%00.000%0%00.046%0.05%102.379%2.38%32337.709%7.71%245.661%5.66%41429.848%9.85%266.208%6.21%15163.683%3.68%41429.815%9.81%484911.536%11.5%17184.210%4.21%276.373%6.37%666715.741%15.7%194.492%4.49%41429.887%9.89%
Count number of households with incomes in the interval
% unnormalized percentage of households with incomes in the interval
1normalized assuming interval of $50k 2normalized

Median Household Income by Race#8

Scope: households in New Albany and Fairmont
Fairmont
New Albany
$0k$5k$10k$15k$20k$25k$30k$35k$40k%All1$33,576.093485$41,456.000000$33,576.093485$33.6k100.000000%100%
% as percentage of median household income of the entire population
1entire population 2including Hispanic whites 3American Indian and Alaska Native 4and other Pacific Islander

Household Income Distribution by Race#9

Ethno-racial composition of the given household income intervals.
Scope: households in Fairmont
White1
Hispanic2
Mixed3
Black3
Other3
Asian3
> $200k$150-200k$125-150k$100-125k$75-100k$60-75k$50-60k$45-50k$40-45k$35-40k$30-35k$25-30k$20-25k$15-20k$10-15k< $10k100.000000%100%0.000000%0.000000%0.000000%0.000000%0.000000%1415100.000000%100%0.000000%0.000000%0.000000%0.000000%0.000000%0100.000000%100%0.000000%0.000000%0.000000%0.000000%0.000000%099.895428%100%0.000000%0.000000%0.000000%0.104572%0.000000%2499.880094%100%0.000000%0.000000%0.119906%0.000000%0.000000%697081.589333%82%18.292518%18%0.000000%0.118149%0.000000%0.000000%4890.104695%90%0.000000%0.000000%9.895305%10%0.000000%0.000000%818299.595812%100%0.404188%0.000000%0.000000%0.000000%0.000000%3999.886350%100%0.000000%0.000000%0.113650%0.000000%0.000000%44100.000000%100%0.000000%0.000000%0.000000%0.000000%0.000000%7075.619121%76%0.000000%0.000000%6.012569%18.368310%18%0.000000%6587.055739%87%0.000000%12.844706%13%0.099555%0.000000%0.000000%35100.000000%100%0.000000%0.000000%0.000000%0.000000%0.000000%5099.967806%100%0.000000%0.000000%0.032194%0.000000%0.000000%11611799.533830%100%0.000000%0.000000%0.466170%0.000000%0.000000%4285.742351%86%0.000000%0.000000%14.257649%14%0.000000%0.000000%1101110%20%40%60%80%100%Count
Count number of people in interval
1non-Hispanic white 2white Hispanic 3including Hispanic

Map of Household Income by Tract in Fairmont

Median Household Income by Tract#10

Median household income ($):
$33,800$37,400$41,000$44,500$48,100$51,700

20th Percentile Household Income by Tract#11

20th percentile of household income ($):
$15,200$17,000$18,800$20,500$22,300$24,100

Mean of the Top 5% Household Income by Tract#12

Mean household income of the top 5% of households ($):
$182k$227k$271k$316k$360k$405k

Gini Index Household Income by Tract#13

Gini Index of income inequality (larger Gini Index means more inequality) (%):
37.2%41.1%45.0%48.9%52.8%56.7%
Road Data ©OpenStreetMap

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Household Income by Neighborhood in New Albany

There are 3 neighborhoods in New Albany. This section compares Fairmont to all of the neighborhoods in New Albany and to those entities that contain or substantially overlap with Fairmont.

Median Household Income by Neighborhood#14

Scope: households in Fairmont, selected other neighborhoods in New Albany, and entities that contain Fairmont
$0k$20k$40k%#Floyd CountyFloydNew Albany-Floyd County Consolidated SchoolsNew Albany-Floyd …United States of AmericaUnited StatesMidwestEast North CentralLouisville and Jefferson County Metro AreaLouisvilleIndianaNew Albany TownshipNew AlbanyZIP Code 47150ZIP 47150New AlbanyFairmont NeighborhoodFairmontMidtown NeighborhoodMidtownDowntown NeighborhoodDowntown$57,494.000000$57,494.000000$57.5k+71.235%+71.2%$57,494.000000$57,494.000000$57.5k+71.235%+71.2%$55,322.000000$55,322.000000$55.3k+64.766%+64.8%$53,593.000000$53,593.000000$53.6k+59.617%+59.6%$52,978.000000$52,978.000000$53.0k+57.785%+57.8%$52,437.000000$52,437.000000$52.4k+56.174%+56.2%$50,433.000000$50,433.000000$50.4k+50.205%+50.2%$47,755.000000$47,755.000000$47.8k+42.229%+42.2%$46,351.000000$46,351.000000$46.4k+38.048%+38.0%$41,456.000000$41,456.000000$41.5k+23.469%+23.5%$33,576.093485$33,576.093485$33.6k+0.000%0%1$25,675.766706$25,675.766706$25.7k-23.530%-23.5%2$17,277.000000$17,277.000000$17.3k-48.544%-48.5%3
% percentage above or below median household income of Fairmont
# rank of neighborhood out of 3 by median household income

Six-Figure Incomes by Neighborhood#15

Percentage of households with incomes above $100k.
Scope: households in Fairmont, selected other neighborhoods in New Albany, and entities that contain Fairmont
< $25k
$25-50k
$50-100k
$100-200k
$200k+
50%0%Count#United States of AmericaUnited StatesFloyd CountyFloydNew Albany-Floyd County Consolidated SchoolsNew Albany-Floyd …MidwestEast North CentralLouisville and Jefferson County Metro AreaLouisvilleIndianaNew Albany TownshipNew AlbanyZIP Code 47150ZIP 47150New AlbanyDowntown NeighborhoodDowntownFairmont NeighborhoodFairmontMidtown NeighborhoodMidtown-29.966666%-23.121086%-22.339882%-75.427634%75%18.905615%5.666751%24.572366%25%28,925,66528.9M-32.461941%-22.728525%-21.712475%-76.902941%77%19.046635%4.050424%23.097059%23%6,706-32.461941%-22.728525%-21.712475%-76.902941%77%19.046635%4.050424%23.097059%23%6,706-31.411728%-24.244948%-22.410939%-78.067616%78%17.679798%4.252586%21.932384%22%5,775,7825.78M-31.037441%-24.231391%-22.936945%-78.205777%78%17.522445%4.271778%21.794223%22%3,942,1483.94M-31.483947%-24.854880%-22.854373%-79.193200%79%16.700189%4.106611%20.806800%21%103,446103k-31.991409%-26.268066%-23.287910%-81.547385%82%15.413704%3.038911%18.452615%18%463,867464k-31.045375%-25.209326%-26.532966%-82.787666%83%14.855854%2.356480%17.212334%17%3,433-31.168162%-25.698526%-27.343025%-84.209712%84%14.022064%1.768224%15.790288%16%3,063-30.205259%-27.765755%-30.992196%-88.963211%89%9.843268%1.193521%11.036789%11%1,683-18.877551%-17.006803%-58.333333%-94.217687%94%5.782313%0.000000%5.782313%6%91-23.218066%-35.451410%-36.493216%-95.162692%95%2.424809%2.412499%4.837308%5%20212-24.454912%-20.608384%-50.401322%-95.464618%95%3.901992%0.633390%4.535382%5%45463
Count number of households with incomes above $100k
# rank of neighborhood out of 3 by percentage non-white

Mean Household Income of the Top 5% by Neighborhood#16

Scope: households in Fairmont, selected other neighborhoods in New Albany, and entities that contain Fairmont
$0k$100k$200k$300k$400k%#Fairmont NeighborhoodFairmontMidtown NeighborhoodMidtownUnited States of AmericaUnited StatesEast North CentralMidwestLouisville and Jefferson County Metro AreaLouisvilleFloyd CountyFloydNew Albany-Floyd County Consolidated SchoolsNew Albany-Floyd …IndianaNew Albany TownshipNew AlbanyZIP Code 47150ZIP 47150New AlbanyDowntown NeighborhoodDowntown$403,581.177564$403,581.177564$403.6k+0.000%0%1$371,192.198251$371,192.198251$371.2k-8.025%-8.03%2$358,316.000000$358,316.000000$358.3k-11.216%-11.2%$318,709.000000$318,709.000000$318.7k-21.030%-21.0%$317,962.000000$317,962.000000$318.0k-21.215%-21.2%$315,118.000000$315,118.000000$315.1k-21.920%-21.9%$303,402.000000$303,402.000000$303.4k-24.823%-24.8%$303,402.000000$303,402.000000$303.4k-24.823%-24.8%$281,321.000000$281,321.000000$281.3k-30.294%-30.3%$232,727.000000$232,727.000000$232.7k-42.335%-42.3%$217,729.000000$217,729.000000$217.7k-46.051%-46.1%$204,018.000000$204,018.000000$204.0k-49.448%-49.4%$108,817.000000$108,817.000000$108.8k-73.037%-73.0%3
% percentage above or below mean household income of the top 5% of Fairmont
# rank of neighborhood out of 3 by mean household income of the top 5%

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)

Unlike the other geographical entities detailed on this site, neighborhoods are not recognized by the U.S. Census Bureau. To overcome this we have computed reasonable estimates of the same statistics that are presented for other the entity types. Each statistic is computed as the weighted sum or average of the census tracts or block groups that overlap the neighborhood. A weighted sum is used for counts of people or households, and a weighted average is used for statistics that are themselves some form of average, such as median household income. Census block groups are preferred when the statistic in question is available on the block group level. The weight for a given tract (or block group) is computed as the population of the census tabulation blocks that occupy the intersection between the tract and the neighborhood as a fraction of the total population of the neighborhood.

For additional information about the data presented on this site, including our sources, please see the About Page.

More Topics to Explore

Demographics

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More Maps to Explore

State:
Indiana
County:
Floyd
Metro Area:
Louisville Area
City:
New Albany
Township:
New Albany
ZIP Code:
47150
Unified School District:
New Albany-Floyd County
Congressional District:
IN-9
State Senate District:
IN-46
State House District:
IN-72
Nearby Neighborhoods:
California, Central Business District, Chickasaw, Downtown, Midtown, Park Hill, Parkland, Portland, Russell, Shawnee