Household Income in Tract 550300, Grand Traverse County, Michigan (Tract)

Household Income Percentiles#1

Scope: households in Grand Traverse County and Tract 550300
Tract 550300
Grand Traverse County
$0k$50k$100k$150k%95th Percentile80th Percentile60th PercentileMedian40th Percentile20th Percentile$146,111.000000$182,743.000000$146,111.000000$146.1k279.553%280%$91,989.000000$99,520.000000$91,989.000000$92.0k176.002%176%$63,155.000000$67,437.000000$63,155.000000$63.2k120.834%121%$52,266.000000$55,597.000000$52,266.000000$52.3k100.000%100%$45,110.000000$45,975.000000$45,110.000000$45.1k86.308%86.3%$26,488.000000$25,600.000000$26,488.000000$26.5k50.679%50.7%
% as percentage of median household income

Relative Household Income Percentiles#2

Selected measures of household income in Tract 550300, as a percentage more or less than Grand Traverse County at large.
Scope: households in Grand Traverse County and Tract 550300
20%15%10%5%0%$ref.95th Percentile80th Percentile60th PercentileMedian40th Percentile20th Percentile-20.045638%-20.045638%20.0%$146,111.000000$146.1k$182,743.000000$182.7k-7.567323%-7.567323%7.6%$91,989.000000$92.0k$99,520.000000$99.5k-6.349630%-6.349630%6.3%$63,155.000000$63.2k$67,437.000000$67.4k-5.991330%-5.991330%6.0%$52,266.000000$52.3k$55,597.000000$55.6k-1.881457%-1.881457%1.9%$45,110.000000$45.1k$45,975.000000$46.0k3.468750%3.468750%3.5%$26,488.000000$26.5k$25,600.000000$25.6k
$ given measure of household income in Tract 550300
ref. given measure of household income in Grand Traverse County

Household Income Interval Means#3

Scope: households in Grand Traverse County and Tract 550300
Tract 550300
Grand Traverse County
$0k$100k$200k$300k%Mean of Top 5%Mean of Top 20%Mean of 4th QuintileMean of 3rd QuintileMean of 2nd QuintileMean of Bottom 20%$209,110.000000$347,492.000000$209,110.000000$209.1k400.088%400%$137,499.000000$180,420.000000$137,499.000000$137.5k263.075%263%$75,377.000000$80,902.000000$75,377.000000$75.4k144.218%144%$53,185.000000$56,161.000000$53,185.000000$53.2k101.758%102%$35,442.000000$35,269.000000$35,442.000000$35.4k67.811%67.8%$16,972.000000$15,049.000000$16,972.000000$17.0k32.472%32.5%
% as percentage of median household income

Relative Household Income Interval Means#4

Selected measures of household income in Tract 550300, as a percentage more or less than Grand Traverse County at large.
Scope: households in Grand Traverse County and Tract 550300
20%0%$ref.Mean of Top 5%Mean of Top 20%Mean of 4th QuintileMean of 3rd QuintileMean of 2nd QuintileMean of Bottom 20%-39.823075%-39.823075%39.8%$209,110.000000$209.1k$347,492.000000$347.5k-23.789491%-23.789491%23.8%$137,499.000000$137.5k$180,420.000000$180.4k-6.829250%-6.829250%6.8%$75,377.000000$75.4k$80,902.000000$80.9k-5.299051%-5.299051%5.3%$53,185.000000$53.2k$56,161.000000$56.2k0.490516%0.490516%0.5%$35,442.000000$35.4k$35,269.000000$35.3k12.778258%12.778258%12.8%$16,972.000000$17.0k$15,049.000000$15.0k
$ given measure of household income in Tract 550300
ref. given measure of household income in Grand Traverse County

Shares of Household Income#5

By quintiles and the top 5%.
Scope: households in Grand Traverse County and Tract 550300
Tract 550300
Grand Traverse County
0%10%20%30%40%%Top 5%Top 20%4th Quintile3rd Quintile2nd QuintileBottom 20%16.410000%23.620000%16.410000%16.4%328.200000%328%43.170000%49.050000%43.170000%43.2%215.850000%216%23.670000%22.000000%23.670000%23.7%118.350000%118%16.700000%15.270000%16.700000%16.7%83.500000%84%11.130000%9.590000%11.130000%11.1%55.650000%56%5.330000%4.090000%5.330000%5.3%26.650000%27%
% share as percentage of interval size

Relative Shares of Household Income#6

By quintiles and the top 5% in Tract 550300, as a percentage more or less than in Grand Traverse County at large.
Scope: households in Grand Traverse County and Tract 550300
30%20%10%0%10%20%30%%ref.Top 5%Top 20%4th Quintile3rd Quintile2nd QuintileBottom 20%-30.524979%-30.524979%30.5%16.410000%16%23.620000%24%-11.987768%-11.987768%12.0%43.170000%43%49.050000%49%7.590909%7.590909%7.6%23.670000%24%22.000000%22%9.364768%9.364768%9.4%16.700000%17%15.270000%15%16.058394%16.058394%16.1%11.130000%11%9.590000%10%30.317848%30.317848%30.3%5.330000%5%4.090000%4%
% given interval's share of household income in Tract 550300
ref. given interval's share of household income in Grand Traverse County

Household Income Distribution#7

Normalized with respect to a standard interval of $5k. Gray areas represent percentile bands from the tracts in Grand Traverse County.
Scope: households in Grand Traverse County, Tract 550300, and other tracts in Grand Traverse County
Tract 550300
Grand Traverse 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< $10k2632.813%2.81%190.848%0.85%1074.777%4.78%2119.420%9.42%24010.714%10.7%31514.063%14.1%29112.991%13.0%1014.509%4.51%1004.464%4.46%1446.429%6.43%1345.982%5.98%1175.223%5.22%914.063%4.06%1717.634%7.63%462.054%2.05%904.018%4.02%
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 Grand Traverse County and Tract 550300
Tract 550300
Grand Traverse County
$0k$10k$20k$30k$40k$50k%All White1Non-Hispanic WhiteAll2Mixed$52,536.000000$56,261.000000$52,536.000000$52.5k100.516588%101%$52,491.000000$56,506.000000$52,491.000000$52.5k100.430490%100%$52,266.000000$55,597.000000$52,266.000000$52.3k100.000000%100%$24,375.000000$32,188.000000$24,375.000000$24.4k46.636437%47%
% as percentage of median household income of the entire population
1including Hispanic whites 2entire population 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 Tract 550300
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%126100.000000%100%0.000000%0.000000%0.000000%0.000000%0.000000%38100.000000%100%0.000000%0.000000%0.000000%0.000000%0.000000%21495.734597%96%4.265403%0.000000%0.000000%0.000000%0.000000%41397.733711%98%0.000000%1.274788%0.000000%0.991501%0.000000%47099.573106%100%0.000000%0.000000%0.000000%0.426894%0.000000%626100.000000%100%0.000000%0.000000%0.000000%0.000000%0.000000%582100.000000%100%0.000000%0.000000%0.000000%0.000000%0.000000%20295.652174%96%0.000000%0.000000%0.000000%4.347826%0.000000%18897.222222%97%0.000000%2.777778%0.000000%0.000000%0.000000%28495.522388%96%4.477612%0.000000%0.000000%0.000000%0.000000%262100.000000%100%0.000000%0.000000%0.000000%0.000000%0.000000%23490.109890%90%0.000000%9.890110%10%0.000000%0.000000%0.000000%17396.491228%96%0.000000%0.000000%3.508772%0.000000%0.000000%336100.000000%100%0.000000%0.000000%0.000000%0.000000%0.000000%9295.564516%96%0.000000%0.000000%0.000000%4.435484%0.000000%1690%20%40%60%80%100%Count
Count number of people in interval
1non-Hispanic white 2white Hispanic 3including Hispanic

Household Income by Tract in Grand Traverse County

There are 17 tracts in Grand Traverse County. This section compares Tract 550300 to all of the tracts in Grand Traverse County and to those entities that contain or substantially overlap with Tract 550300.

Median Household Income by Tract#10

Scope: households in Tract 550300, selected other tracts in Grand Traverse County, and entities that contain Tract 550300
$0k$20k$40k$60k%#550900Tract 550900551500Tract 551500550101Tract 550101550800Tract 550800550102Tract 550102550200Tract 550200551000Tract 551000550400Tract 550400Grand Traverse CountyGrand Traverse550700Tract 550700United States of AmericaUnited States550600Tract 550600MidwestTraverse City Metro AreaTraverse CityEast North Central550300Tract 550300Michigan551400Tract 551400551100Tract 551100551200Tract 551200550500Tract 550500551300Tract 551300$77,193.000000$77,193.000000$77.2k+47.693%+47.7%1$75,156.000000$75,156.000000$75.2k+43.795%+43.8%2$70,500.000000$70,500.000000$70.5k+34.887%+34.9%3$68,800.000000$68,800.000000$68.8k+31.634%+31.6%4$68,281.000000$68,281.000000$68.3k+30.641%+30.6%5$64,909.000000$64,909.000000$64.9k+24.190%+24.2%6$64,190.000000$64,190.000000$64.2k+22.814%+22.8%7$63,964.000000$63,964.000000$64.0k+22.382%+22.4%8$55,597.000000$55,597.000000$55.6k+6.373%+6.37%$55,450.000000$55,450.000000$55.5k+6.092%+6.09%9$55,322.000000$55,322.000000$55.3k+5.847%+5.85%$54,721.000000$54,721.000000$54.7k+4.697%+4.70%10$53,593.000000$53,593.000000$53.6k+2.539%+2.54%$53,215.000000$53,215.000000$53.2k+1.816%+1.82%$52,978.000000$52,978.000000$53.0k+1.362%+1.36%$52,266.000000$52,266.000000$52.3k+0.000%0%11$50,803.000000$50,803.000000$50.8k-2.799%-2.80%$50,378.000000$50,378.000000$50.4k-3.612%-3.61%12$48,438.000000$48,438.000000$48.4k-7.324%-7.32%13$44,698.000000$44,698.000000$44.7k-14.480%-14.5%14$42,333.000000$42,333.000000$42.3k-19.005%-19.0%15$31,865.000000$31,865.000000$31.9k-39.033%-39.0%16
% percentage above or below median household income of Tract 550300
# rank of tract out of 16 by median household income

Six-Figure Incomes by Tract#11

Percentage of households with incomes above $100k.
Scope: households in Tract 550300, selected other tracts in Grand Traverse County, and entities that contain Tract 550300
< $25k
$25-50k
$50-100k
$100-200k
$200k+
50%0%Count#550900Tract 550900550102Tract 550102551000Tract 551000551500Tract 551500550800Tract 550800550101Tract 550101550200Tract 550200United States of AmericaUnited StatesMidwestEast North Central550700Tract 550700MichiganGrand Traverse CountyGrand TraverseTraverse City Metro AreaTraverse City550600Tract 550600550300Tract 550300550400Tract 550400551400Tract 551400550500Tract 550500551200Tract 551200551100Tract 551100551300Tract 551300-37.141557%-14.519800%-12.744652%-64.406008%64%22.803823%12.790168%35.593992%36%7821-36.573759%-15.567641%-18.014956%-70.156356%70%20.122366%9.721278%29.843644%30%4392-41.456883%-17.568291%-12.533476%-71.558650%72%19.657204%8.784146%28.441350%28%5313-33.085502%-16.282528%-22.602230%-71.970260%72%19.851301%8.178439%28.029740%28%3774-38.087387%-19.167354%-15.416323%-72.671063%73%22.547403%4.781533%27.328937%27%6635-48.729890%-16.977138%-8.509738%-74.216765%74%20.660457%5.122777%25.783235%26%6096-42.407407%-19.938272%-12.901235%-75.246914%75%19.197531%5.555556%24.753086%25%4017-29.966666%-23.121086%-22.339882%-75.427634%75%18.905615%5.666751%24.572366%25%28,925,66528.9M-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-32.061944%-24.978492%-22.082019%-79.122455%79%18.296530%2.581015%20.877545%21%7288-30.514346%-25.050655%-24.156990%-79.721992%80%16.479536%3.798472%20.278008%20%782,811783k-36.546432%-24.330682%-19.284194%-80.161308%80%15.520332%4.318360%19.838692%20%7,084-35.087958%-25.862596%-20.148747%-81.099300%81%14.932419%3.968281%18.900700%19%11,13111.1k-36.814621%-26.254714%-18.479838%-81.549173%82%15.346678%3.104149%18.450827%18%6369-37.767857%-26.607143%-17.767857%-82.142857%82%15.044643%2.812500%17.857143%18%40010-50.099641%-19.569550%-13.351933%-83.021124%83%16.381028%0.597848%16.978876%17%42611-34.563758%-22.674976%-26.462128%-83.700863%84%9.587728%6.711409%16.299137%16%34012-31.679925%-40.243332%-16.752457%-88.675714%89%11.324286%0.000000%11.324286%11%24213-30.376344%-34.543011%-23.857527%-88.776882%89%6.989247%4.233871%11.223118%11%16714-36.838624%-33.730159%-18.915344%-89.484127%89%8.994709%1.521164%10.515873%11%15915-23.278315%-33.693796%-37.791690%-94.763802%95%4.780876%0.455322%5.236198%5%18416
Count number of households with incomes above $100k
# rank of tract out of 16 by percentage non-white

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

Scope: households in Tract 550300, selected other tracts in Grand Traverse County, and entities that contain Tract 550300
$0k$200k$400k$600k%#550102Tract 550102550900Tract 550900551400Tract 551400551000Tract 551000United States of AmericaUnited States551500Tract 551500Grand Traverse CountyGrand TraverseTraverse City Metro AreaTraverse City550600Tract 550600East North CentralMidwest550800Tract 550800Michigan550200Tract 550200551200Tract 551200550700Tract 550700550101Tract 550101551300Tract 551300550300Tract 550300550400Tract 550400551100Tract 551100550500Tract 550500$730,529.000000$730,529.000000$730.5k+249.352%+249%1$651,415.000000$651,415.000000$651.4k+211.518%+212%2$541,098.000000$541,098.000000$541.1k+158.762%+159%3$374,235.000000$374,235.000000$374.2k+78.966%+79.0%4$358,316.000000$358,316.000000$358.3k+71.353%+71.4%$349,189.000000$349,189.000000$349.2k+66.988%+67.0%5$347,492.000000$347,492.000000$347.5k+66.177%+66.2%$335,285.000000$335,285.000000$335.3k+60.339%+60.3%$333,359.000000$333,359.000000$333.4k+59.418%+59.4%6$318,709.000000$318,709.000000$318.7k+52.412%+52.4%$317,962.000000$317,962.000000$318.0k+52.055%+52.1%$303,306.000000$303,306.000000$303.3k+45.046%+45.0%7$299,373.000000$299,373.000000$299.4k+43.165%+43.2%$291,349.000000$291,349.000000$291.3k+39.328%+39.3%8$269,714.000000$269,714.000000$269.7k+28.982%+29.0%9$259,626.000000$259,626.000000$259.6k+24.158%+24.2%10$249,910.000000$249,910.000000$249.9k+19.511%+19.5%11$209,818.000000$209,818.000000$209.8k+0.339%+0.34%12$209,110.000000$209,110.000000$209.1k+0.000%0%13$182,516.000000$182,516.000000$182.5k-12.718%-12.7%14$159,621.000000$159,621.000000$159.6k-23.666%-23.7%15$137,081.000000$137,081.000000$137.1k-34.446%-34.4%16
% percentage above or below mean household income of the top 5% of Tract 550300
# rank of tract out of 16 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)

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State:
Michigan
County:
Grand Traverse
Metro Area:
Traverse City Area
Townships:
Fife Lake, Grant, Mayfield, Paradise
Villages:
Fife Lake, Kingsley
ZIP Codes:
49620, 49633, 49637, 49643, 49649, 49683
Unified School Districts:
Benzie County, Buckley, Forest Area, Kingsley, Manton, Traverse City
Congressional District:
MI-1
State Senate District:
MI-37
State House District:
MI-104
Block Groups:
Block Group 550300-1, Block Group 550300-2, Block Group 550300-3, Block Group 550300-4
Neighboring Tracts:
Tract 000100, Tract 000100, Tract 380100, Tract 380200, Tract 550200, Tract 550400, Tract 550500, Tract 550600, Tract 950400, Tract 960100