Household Income in Tract 040700, Wells County, Indiana (Tract)

Household Income Percentiles#1

Scope: households in Wells County and Tract 040700
Tract 040700
Wells County
$0k$50k$100k$150k%95th Percentile80th Percentile60th PercentileMedian40th Percentile20th Percentile$158,681.000000$139,693.000000$158,681.000000$158.7k290.715%291%$93,214.000000$89,754.000000$93,214.000000$93.2k170.775%171%$62,688.000000$63,826.000000$62,688.000000$62.7k114.849%115%$54,583.000000$51,568.000000$54,583.000000$54.6k100.000%100%$44,154.000000$42,629.000000$44,154.000000$44.2k80.893%80.9%$26,429.000000$24,449.000000$26,429.000000$26.4k48.420%48.4%

Relative Household Income Percentiles#2

Selected measures of household income in Tract 040700, as a percentage more or less than Wells County at large.
Scope: households in Wells County and Tract 040700
0%5%10%$ref.95th Percentile80th Percentile60th PercentileMedian40th Percentile20th Percentile13.592664%13.592664%13.6%$158,681.000000$158.7k$139,693.000000$139.7k3.854981%3.854981%3.9%$93,214.000000$93.2k$89,754.000000$89.8k-1.782972%-1.782972%1.8%$62,688.000000$62.7k$63,826.000000$63.8k5.846649%5.846649%5.8%$54,583.000000$54.6k$51,568.000000$51.6k3.577377%3.577377%3.6%$44,154.000000$44.2k$42,629.000000$42.6k8.098491%8.098491%8.1%$26,429.000000$26.4k$24,449.000000$24.4k

Household Income Interval Means#3

Scope: households in Wells County and Tract 040700
Tract 040700
Wells County
$0k$100k$200k%Mean of Top 5%Mean of Top 20%Mean of 4th QuintileMean of 3rd QuintileMean of 2nd QuintileMean of Bottom 20%$238,610.000000$206,530.000000$238,610.000000$238.6k437.151%437%$145,188.000000$132,638.000000$145,188.000000$145.2k265.995%266%$77,028.000000$75,186.000000$77,028.000000$77.0k141.121%141%$53,337.000000$52,240.000000$53,337.000000$53.3k97.717%97.7%$35,684.000000$33,176.000000$35,684.000000$35.7k65.376%65.4%$15,204.000000$14,296.000000$15,204.000000$15.2k27.855%27.9%

Relative Household Income Interval Means#4

Selected measures of household income in Tract 040700, as a percentage more or less than Wells County at large.
Scope: households in Wells County and Tract 040700
0%5%10%15%$ref.Mean of Top 5%Mean of Top 20%Mean of 4th QuintileMean of 3rd QuintileMean of 2nd QuintileMean of Bottom 20%15.532852%15.532852%15.5%$238,610.000000$238.6k$206,530.000000$206.5k9.461844%9.461844%9.5%$145,188.000000$145.2k$132,638.000000$132.6k2.449924%2.449924%2.4%$77,028.000000$77.0k$75,186.000000$75.2k2.099923%2.099923%2.1%$53,337.000000$53.3k$52,240.000000$52.2k7.559682%7.559682%7.6%$35,684.000000$35.7k$33,176.000000$33.2k6.351427%6.351427%6.4%$15,204.000000$15.2k$14,296.000000$14.3k

Shares of Household Income#5

By quintiles and the top 5%.
Scope: households in Wells County and Tract 040700
Tract 040700
Wells County
0%10%20%30%40%%Top 5%Top 20%4th Quintile3rd Quintile2nd QuintileBottom 20%18.270000%16.790000%18.270000%18.3%365.400000%365%44.480000%43.130000%44.480000%44.5%222.400000%222%23.600000%24.450000%23.600000%23.6%118.000000%118%16.340000%16.990000%16.340000%16.3%81.700000%82%10.930000%10.790000%10.930000%10.9%54.650000%55%4.660000%4.650000%4.660000%4.7%23.300000%23%

Relative Shares of Household Income#6

By quintiles and the top 5% in Tract 040700, as a percentage more or less than in Wells County at large.
Scope: households in Wells County and Tract 040700
2%0%2%4%6%8%%ref.Top 5%Top 20%4th Quintile3rd Quintile2nd QuintileBottom 20%8.814771%8.814771%8.8%18.270000%18%16.790000%17%3.130072%3.130072%3.1%44.480000%44%43.130000%43%-3.476483%-3.476483%3.5%23.600000%24%24.450000%24%-3.825780%-3.825780%3.8%16.340000%16%16.990000%17%1.297498%1.297498%1.3%10.930000%11%10.790000%11%0.215054%0.215054%0.2%4.660000%5%4.650000%5%

Household Income Distribution#7

Normalized with respect to a standard interval of $5k. Gray areas represent percentile bands from the tracts in Wells County.
Scope: households in Wells County, Tract 040700, and other tracts in Wells County
Tract 040700
Wells County
Percentile:
0th - 100th
10th - 90th
20th - 80th
30th - 70th
40th - 60th
0%1%2%3%4%5%6%7%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< $10k2130.932%0.93%614.373%4.37%463.297%3.30%1077.670%7.67%21615.484%15.5%17312.401%12.4%1117.957%7.96%886.308%6.31%765.448%5.45%1047.455%7.46%614.373%4.37%886.308%6.31%594.229%4.23%513.656%3.66%644.588%4.59%775.520%5.52%

Median Household Income by Race#8

Scope: households in Wells County and Tract 040700
Tract 040700
Wells County
$0k$10k$20k$30k$40k$50k%Non-Hispanic WhiteAll1All White2$55,147.000000$51,952.000000$55,147.000000$55.1k101.033289%101%$54,583.000000$51,568.000000$54,583.000000$54.6k100.000000%100%$54,583.000000$51,925.000000$54,583.000000$54.6k100.000000%100%

Household Income Distribution by Race#9

Ethno-racial composition of the given household income intervals.
Scope: households in Tract 040700
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%26100.000000%100%0.000000%0.000000%0.000000%0.000000%0.000000%122100.000000%100%0.000000%0.000000%0.000000%0.000000%0.000000%92100.000000%100%0.000000%0.000000%0.000000%0.000000%0.000000%214100.000000%100%0.000000%0.000000%0.000000%0.000000%0.000000%432100.000000%100%0.000000%0.000000%0.000000%0.000000%0.000000%346100.000000%100%0.000000%0.000000%0.000000%0.000000%0.000000%222100.000000%100%0.000000%0.000000%0.000000%0.000000%0.000000%176100.000000%100%0.000000%0.000000%0.000000%0.000000%0.000000%152100.000000%100%0.000000%0.000000%0.000000%0.000000%0.000000%208100.000000%100%0.000000%0.000000%0.000000%0.000000%0.000000%122100.000000%100%0.000000%0.000000%0.000000%0.000000%0.000000%17688.135593%88%11.864407%12%0.000000%0.000000%0.000000%0.000000%111100.000000%100%0.000000%0.000000%0.000000%0.000000%0.000000%102100.000000%100%0.000000%0.000000%0.000000%0.000000%0.000000%128100.000000%100%0.000000%0.000000%0.000000%0.000000%0.000000%1540%20%40%60%80%100%Count

Household Income by Tract in Wells County

There are 7 tracts in Wells County. This section compares Tract 040700 to all of the tracts in Wells County and to those entities that contain or substantially overlap with Tract 040700.

Median Household Income by Tract#10

Scope: households in Tract 040700, selected other tracts in Wells County, and entities that contain Tract 040700
$0k$20k$40k$60k%#040200Tract 040200040300Tract 040300040100Tract 040100United States of AmericaUnited States040700Tract 040700MidwestEast North CentralSouthern Wells Community SchoolsS WellsWells CountyWells040500Tract 040500IndianaFort Wayne Metro AreaFort Wayne040400Tract 040400040600Tract 040600$66,434.000000$66,434.000000$66.4k+21.712%+21.7%1$60,469.000000$60,469.000000$60.5k+10.784%+10.8%2$60,288.000000$60,288.000000$60.3k+10.452%+10.5%3$55,322.000000$55,322.000000$55.3k+1.354%+1.35%$54,583.000000$54,583.000000$54.6k+0.000%0%4$53,593.000000$53,593.000000$53.6k-1.814%-1.81%$52,978.000000$52,978.000000$53.0k-2.940%-2.94%$52,176.000000$52,176.000000$52.2k-4.410%-4.41%$51,568.000000$51,568.000000$51.6k-5.524%-5.52%$50,665.000000$50,665.000000$50.7k-7.178%-7.18%5$50,433.000000$50,433.000000$50.4k-7.603%-7.60%$50,369.000000$50,369.000000$50.4k-7.720%-7.72%$39,865.000000$39,865.000000$39.9k-26.964%-27.0%6$32,679.000000$32,679.000000$32.7k-40.130%-40.1%7

Six-Figure Incomes by Tract#11

Percentage of households with incomes above $100k.
Scope: households in Tract 040700, selected other tracts in Wells County, and entities that contain Tract 040700
< $25k
$25-50k
$50-100k
$100-200k
$200k+
50%0%Count#040300Tract 040300United States of AmericaUnited States040200Tract 040200MidwestEast North CentralIndianaFort Wayne Metro AreaFort Wayne040700Tract 040700Southern Wells Community SchoolsS WellsWells CountyWells040500Tract 040500040100Tract 040100040400Tract 040400040600Tract 040600-34.901961%-23.986928%-15.032680%-73.921569%74%23.660131%2.418301%26.078431%26%3991-29.966666%-23.121086%-22.339882%-75.427634%75%18.905615%5.666751%24.572366%25%28,925,66528.9M-43.904110%-20.890411%-12.671233%-77.465753%77%20.000000%2.534247%22.534247%23%3292-31.411728%-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-31.991409%-26.268066%-23.287910%-81.547385%82%15.413704%3.038911%18.452615%18%463,867464k-33.242722%-27.612161%-21.973143%-82.828027%83%14.332832%2.839141%17.171973%17%28,42728.4k-35.842294%-29.892473%-17.992832%-83.727599%84%15.340502%0.931900%16.272401%16%2273-35.719298%-29.894737%-18.456140%-84.070175%84%15.017544%0.912281%15.929825%16%227-37.319911%-26.606945%-20.659402%-84.586258%85%14.000739%1.413003%15.413742%15%1,669-36.074271%-26.348364%-22.192750%-84.615385%85%13.881521%1.503095%15.384615%15%1744-50.138632%-19.085028%-17.236599%-86.460259%86%13.539741%0.000000%13.539741%14%2935-29.560915%-28.447743%-32.034632%-90.043290%90%7.482993%2.473717%9.956710%10%1616-25.800131%-40.561724%-28.020901%-94.382756%94%5.029393%0.587851%5.617244%6%867

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

Scope: households in Tract 040700, selected other tracts in Wells County, and entities that contain Tract 040700
$0k$100k$200k$300k%#United States of AmericaUnited StatesEast North CentralMidwestFort Wayne Metro AreaFort WayneIndiana040200Tract 040200040700Tract 040700Southern Wells Community SchoolsS Wells040400Tract 040400040300Tract 040300040500Tract 040500Wells CountyWells040100Tract 040100040600Tract 040600$358,316.000000$358,316.000000$358.3k+50.168%+50.2%$318,709.000000$318,709.000000$318.7k+33.569%+33.6%$317,962.000000$317,962.000000$318.0k+33.256%+33.3%$282,947.000000$282,947.000000$282.9k+18.581%+18.6%$281,321.000000$281,321.000000$281.3k+17.900%+17.9%$243,974.000000$243,974.000000$244.0k+2.248%+2.25%1$238,610.000000$238,610.000000$238.6k+0.000%0%2$236,940.000000$236,940.000000$236.9k-0.700%-0.70%$232,340.000000$232,340.000000$232.3k-2.628%-2.63%3$214,363.000000$214,363.000000$214.4k-10.162%-10.2%4$212,469.000000$212,469.000000$212.5k-10.956%-11.0%5$206,530.000000$206,530.000000$206.5k-13.445%-13.4%$148,660.000000$148,660.000000$148.7k-37.697%-37.7%6$125,758.000000$125,758.000000$125.8k-47.296%-47.3%7

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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