Household Income in Tract 000300, Iron County, Michigan (Tract)

Household Income Percentiles#1

Scope: households in Iron County and Tract 000300
Tract 000300
Iron County
$0k$50k$100k%95th Percentile80th Percentile60th PercentileMedian40th Percentile20th Percentile$88,906.000000$108,536.000000$88,906.000000$88.9k306.329%306%$56,848.000000$68,655.000000$56,848.000000$56.8k195.872%196%$34,387.000000$42,644.000000$34,387.000000$34.4k118.482%118%$29,023.000000$33,137.000000$29,023.000000$29.0k100.000%100%$22,868.000000$26,327.000000$22,868.000000$22.9k78.793%78.8%$11,822.000000$15,795.000000$11,822.000000$11.8k40.733%40.7%
% as percentage of median household income

Relative Household Income Percentiles#2

Selected measures of household income in Tract 000300, as a percentage more or less than Iron County at large.
Scope: households in Iron County and Tract 000300
25%20%15%10%5%0%$ref.95th Percentile80th Percentile60th PercentileMedian40th Percentile20th Percentile-18.086165%-18.086165%18.1%$88,906.000000$88.9k$108,536.000000$108.5k-17.197582%-17.197582%17.2%$56,848.000000$56.8k$68,655.000000$68.7k-19.362630%-19.362630%19.4%$34,387.000000$34.4k$42,644.000000$42.6k-12.415125%-12.415125%12.4%$29,023.000000$29.0k$33,137.000000$33.1k-13.138603%-13.138603%13.1%$22,868.000000$22.9k$26,327.000000$26.3k-25.153530%-25.153530%25.2%$11,822.000000$11.8k$15,795.000000$15.8k
$ given measure of household income in Tract 000300
ref. given measure of household income in Iron County

Household Income Interval Means#3

Scope: households in Iron County and Tract 000300
Tract 000300
Iron County
$0k$50k$100k$150k%Mean of Top 5%Mean of Top 20%Mean of 4th QuintileMean of 3rd QuintileMean of 2nd QuintileMean of Bottom 20%$136,461.000000$186,550.000000$136,461.000000$136.5k470.182%470%$86,124.000000$109,776.000000$86,124.000000$86.1k296.744%297%$43,821.000000$54,208.000000$43,821.000000$43.8k150.987%151%$28,683.000000$33,623.000000$28,683.000000$28.7k98.829%98.8%$16,690.000000$20,765.000000$16,690.000000$16.7k57.506%57.5%$7,698.000000$9,557.000000$7,698.000000$7.7k26.524%26.5%
% as percentage of median household income

Relative Household Income Interval Means#4

Selected measures of household income in Tract 000300, as a percentage more or less than Iron County at large.
Scope: households in Iron County and Tract 000300
20%10%0%$ref.Mean of Top 5%Mean of Top 20%Mean of 4th QuintileMean of 3rd QuintileMean of 2nd QuintileMean of Bottom 20%-26.850174%-26.850174%26.9%$136,461.000000$136.5k$186,550.000000$186.6k-21.545693%-21.545693%21.5%$86,124.000000$86.1k$109,776.000000$109.8k-19.161378%-19.161378%19.2%$43,821.000000$43.8k$54,208.000000$54.2k-14.692324%-14.692324%14.7%$28,683.000000$28.7k$33,623.000000$33.6k-19.624368%-19.624368%19.6%$16,690.000000$16.7k$20,765.000000$20.8k-19.451711%-19.451711%19.5%$7,698.000000$7.7k$9,557.000000$9.6k
$ given measure of household income in Tract 000300
ref. given measure of household income in Iron County

Shares of Household Income#5

By quintiles and the top 5%.
Scope: households in Iron County and Tract 000300
Tract 000300
Iron County
0%10%20%30%40%%Top 5%Top 20%4th Quintile3rd Quintile2nd QuintileBottom 20%18.640000%20.460000%18.640000%18.6%372.800000%373%47.060000%48.160000%47.060000%47.1%235.300000%235%23.940000%23.780000%23.940000%23.9%119.700000%120%15.670000%14.750000%15.670000%15.7%78.350000%78%9.120000%9.110000%9.120000%9.1%45.600000%46%4.210000%4.190000%4.210000%4.2%21.050000%21%
% share as percentage of interval size

Relative Shares of Household Income#6

By quintiles and the top 5% in Tract 000300, as a percentage more or less than in Iron County at large.
Scope: households in Iron County and Tract 000300
8%6%4%2%0%2%4%6%%ref.Top 5%Top 20%4th Quintile3rd Quintile2nd QuintileBottom 20%-8.895406%-8.895406%8.9%18.640000%19%20.460000%20%-2.284053%-2.284053%2.3%47.060000%47%48.160000%48%0.672834%0.672834%0.7%23.940000%24%23.780000%24%6.237288%6.237288%6.2%15.670000%16%14.750000%15%0.109769%0.109769%0.1%9.120000%9%9.110000%9%0.477327%0.477327%0.5%4.210000%4%4.190000%4%
% given interval's share of household income in Tract 000300
ref. given interval's share of household income in Iron County

Household Income Distribution#7

Normalized with respect to a standard interval of $5k. Gray areas represent percentile bands from the tracts in Iron County.
Scope: households in Iron County, Tract 000300, and other tracts in Iron County
Tract 000300
Iron County
Percentile:
0th - 100th
10th - 90th
20th - 80th
30th - 70th
40th - 60th
0%2%4%6%8%10%12%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< $10k2171.185%1.18%30.209%0.21%00.000%0%201.394%1.39%1087.526%7.53%996.899%6.90%996.899%6.90%654.530%4.53%553.833%3.83%956.620%6.62%1198.293%8.29%1238.571%8.57%1168.084%8.08%14910.383%10.4%17412.125%12.1%19313.449%13.4%
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 Iron County and Tract 000300
Tract 000300
Iron County
$0k$10k$20k$30k%All1Non-Hispanic WhiteAll White2$29,023.000000$33,137.000000$29,023.000000$29.0k100.000000%100%$28,737.000000$33,065.000000$28,737.000000$28.7k99.014575%99%$28,633.000000$33,000.000000$28,633.000000$28.6k98.656238%99%
% 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 Tract 000300
White1
Hispanic2
Mixed3
Black3
Other3
Asian3
> $200k$150-200k$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%34100.000000%100%0.000000%0.000000%0.000000%0.000000%0.000000%6100.000000%100%0.000000%0.000000%0.000000%0.000000%0.000000%4089.552239%90%0.000000%0.000000%0.000000%10.447761%10%0.000000%18897.979798%98%0.000000%2.020202%0.000000%0.000000%0.000000%196100.000000%100%0.000000%0.000000%0.000000%0.000000%0.000000%198100.000000%100%0.000000%0.000000%0.000000%0.000000%0.000000%130100.000000%100%0.000000%0.000000%0.000000%0.000000%0.000000%110100.000000%100%0.000000%0.000000%0.000000%0.000000%0.000000%190100.000000%100%0.000000%0.000000%0.000000%0.000000%0.000000%238100.000000%100%0.000000%0.000000%0.000000%0.000000%0.000000%24693.103448%93%6.896552%7%0.000000%0.000000%0.000000%0.000000%224100.000000%100%0.000000%0.000000%0.000000%0.000000%0.000000%298100.000000%100%0.000000%0.000000%0.000000%0.000000%0.000000%348100.000000%100%0.000000%0.000000%0.000000%0.000000%0.000000%3860%20%40%60%80%100%Count
Count number of people in interval
1non-Hispanic white 2white Hispanic 3including Hispanic

Household Income by Tract in Iron County

There are 5 tracts in Iron County. This section compares Tract 000300 to all of the tracts in Iron County and to those entities that contain or substantially overlap with Tract 000300.

Median Household Income by Tract#10

Scope: households in Tract 000300, selected other tracts in Iron County, and entities that contain Tract 000300
$0k$20k$40k%#United States of AmericaUnited StatesMidwestEast North CentralMichigan000200Tract 000200000100Tract 000100000500Tract 000500Iron CountyIronWest Iron County Public SchoolsW Iron CoZIP Code 49935ZIP 49935000300Tract 000300000400Tract 000400$55,322.000000$55,322.000000$55.3k+90.614%+90.6%$53,593.000000$53,593.000000$53.6k+84.657%+84.7%$52,978.000000$52,978.000000$53.0k+82.538%+82.5%$50,803.000000$50,803.000000$50.8k+75.044%+75.0%$46,071.000000$46,071.000000$46.1k+58.740%+58.7%1$43,000.000000$43,000.000000$43.0k+48.158%+48.2%2$36,174.000000$36,174.000000$36.2k+24.639%+24.6%3$33,137.000000$33,137.000000$33.1k+14.175%+14.2%$30,795.000000$30,795.000000$30.8k+6.106%+6.11%$30,524.000000$30,524.000000$30.5k+5.172%+5.17%$29,023.000000$29,023.000000$29.0k+0.000%0%4$25,934.000000$25,934.000000$25.9k-10.643%-10.6%5
% percentage above or below median household income of Tract 000300
# rank of tract out of 5 by median household income

Six-Figure Incomes by Tract#11

Percentage of households with incomes above $100k.
Scope: households in Tract 000300, selected other tracts in Iron County, and entities that contain Tract 000300
< $25k
$25-50k
$50-100k
$100-200k
$200k+
50%0%Count#United States of AmericaUnited StatesMidwestEast North CentralMichigan000200Tract 000200000500Tract 000500000100Tract 000100Iron CountyIronZIP Code 49935ZIP 49935West Iron County Public SchoolsW Iron Co000400Tract 000400000300Tract 000300-29.966666%-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-30.514346%-25.050655%-24.156990%-79.721992%80%16.479536%3.798472%20.278008%20%782,811783k-33.425414%-25.828729%-25.690608%-84.944751%85%13.812155%1.243094%15.055249%15%1091-28.103277%-28.103277%-34.856008%-91.062562%91%8.540218%0.397219%8.937438%9%902-32.803738%-27.196262%-31.495327%-91.495327%91%6.915888%1.588785%8.504673%9%913-26.402518%-28.457693%-38.122570%-92.982781%93%5.998889%1.018330%7.017219%7%379-23.884077%-29.280480%-40.406396%-93.570953%94%4.996669%1.432378%6.429047%6%193-23.875036%-29.664660%-40.040126%-93.579822%94%5.101748%1.318429%6.420178%6%224-20.944206%-27.381974%-47.467811%-95.793991%96%3.519313%0.686695%4.206009%4%494-21.324042%-31.846690%-44.041812%-97.212544%97%1.602787%1.184669%2.787456%3%405
Count number of households with incomes above $100k
# rank of tract out of 5 by percentage non-white

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

Scope: households in Tract 000300, selected other tracts in Iron County, and entities that contain Tract 000300
$0k$100k$200k$300k%#United States of AmericaUnited StatesEast North CentralMidwestMichigan000100Tract 000100ZIP Code 49935ZIP 49935000200Tract 000200West Iron County Public SchoolsW Iron CoIron CountyIron000400Tract 000400000500Tract 000500000300Tract 000300$358,316.000000$358,316.000000$358.3k+162.578%+163%$318,709.000000$318,709.000000$318.7k+133.553%+134%$317,962.000000$317,962.000000$318.0k+133.006%+133%$299,373.000000$299,373.000000$299.4k+119.384%+119%$252,382.000000$252,382.000000$252.4k+84.948%+84.9%1$209,264.000000$209,264.000000$209.3k+53.351%+53.4%$199,869.000000$199,869.000000$199.9k+46.466%+46.5%2$199,667.000000$199,667.000000$199.7k+46.318%+46.3%$186,550.000000$186,550.000000$186.6k+36.706%+36.7%$177,858.000000$177,858.000000$177.9k+30.336%+30.3%3$151,289.000000$151,289.000000$151.3k+10.866%+10.9%4$136,461.000000$136,461.000000$136.5k+0.000%0%5
% percentage above or below mean household income of the top 5% of Tract 000300
# rank of tract out of 5 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:
Iron
City:
Iron River
Townships:
Bates, Iron River
ZIP Code:
49935
Unified School District:
West Iron County
Congressional District:
MI-1
State Senate District:
MI-38
State House District:
MI-110
Block Groups:
Block Group 000300-1, Block Group 000300-2
Neighboring Tracts:
Tract 000100, Tract 000200, Tract 000400