Household Income in Tract 060200, Covington County, Virginia (Tract)

Household Income Percentiles#1

Scope: households in Covington City and Tract 060200
Tract 060200
Covington City
$0k$20k$40k$60k%80th Percentile60th PercentileMedian40th Percentile20th Percentile$69,123.000000$68,865.000000$69,123.000000$69.1k179.126%179%$51,038.000000$43,956.000000$51,038.000000$51.0k132.260%132%$38,589.000000$34,703.000000$38,589.000000$38.6k100.000%100%$31,384.000000$29,208.000000$31,384.000000$31.4k81.329%81.3%$21,000.000000$15,413.000000$21,000.000000$21.0k54.420%54.4%

Relative Household Income Percentiles#2

Selected measures of household income in Tract 060200, as a percentage more or less than Covington City at large.
Scope: households in Covington City and Tract 060200
0%10%20%30%$ref.80th Percentile60th PercentileMedian40th Percentile20th Percentile0.374646%0.374646%0.4%$69,123.000000$69.1k$68,865.000000$68.9k16.111566%16.111566%16.1%$51,038.000000$51.0k$43,956.000000$44.0k11.197879%11.197879%11.2%$38,589.000000$38.6k$34,703.000000$34.7k7.450014%7.450014%7.5%$31,384.000000$31.4k$29,208.000000$29.2k36.248621%36.248621%36.2%$21,000.000000$21.0k$15,413.000000$15.4k

Household Income Interval Means#3

Scope: households in Covington City and Tract 060200
Tract 060200
Covington City
$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%$302,376.000000$209,939.000000$302,376.000000$302.4k783.581%784%$133,465.000000$114,000.000000$133,465.000000$133.5k345.863%346%$58,267.000000$55,374.000000$58,267.000000$58.3k150.994%151%$39,200.000000$35,498.000000$39,200.000000$39.2k101.583%102%$26,908.000000$22,505.000000$26,908.000000$26.9k69.730%69.7%$10,842.000000$7,892.000000$10,842.000000$10.8k28.096%28.1%

Relative Household Income Interval Means#4

Selected measures of household income in Tract 060200, as a percentage more or less than Covington City at large.
Scope: households in Covington City and Tract 060200
0%20%40%$ref.Mean of Top 5%Mean of Top 20%Mean of 4th QuintileMean of 3rd QuintileMean of 2nd QuintileMean of Bottom 20%44.030409%44.030409%44.0%$302,376.000000$302.4k$209,939.000000$209.9k17.074561%17.074561%17.1%$133,465.000000$133.5k$114,000.000000$114.0k5.224474%5.224474%5.2%$58,267.000000$58.3k$55,374.000000$55.4k10.428757%10.428757%10.4%$39,200.000000$39.2k$35,498.000000$35.5k19.564541%19.564541%19.6%$26,908.000000$26.9k$22,505.000000$22.5k37.379625%37.379625%37.4%$10,842.000000$10.8k$7,892.000000$7.9k

Shares of Household Income#5

By quintiles and the top 5%.
Scope: households in Covington City and Tract 060200
Tract 060200
Covington City
0%10%20%30%40%%Top 5%Top 20%4th Quintile3rd Quintile2nd QuintileBottom 20%28.140000%22.310000%28.140000%28.1%562.800000%563%49.670000%48.460000%49.670000%49.7%248.350000%248%21.690000%23.540000%21.690000%21.7%108.450000%108%14.590000%15.090000%14.590000%14.6%72.950000%73%10.010000%9.570000%10.010000%10.0%50.050000%50%4.040000%3.350000%4.040000%4.0%20.200000%20%

Relative Shares of Household Income#6

By quintiles and the top 5% in Tract 060200, as a percentage more or less than in Covington City at large.
Scope: households in Covington City and Tract 060200
0%10%20%%ref.Top 5%Top 20%4th Quintile3rd Quintile2nd QuintileBottom 20%26.131779%26.131779%26.1%28.140000%28%22.310000%22%2.496905%2.496905%2.5%49.670000%50%48.460000%48%-7.858963%-7.858963%7.9%21.690000%22%23.540000%24%-3.313453%-3.313453%3.3%14.590000%15%15.090000%15%4.597701%4.597701%4.6%10.010000%10%9.570000%10%20.597015%20.597015%20.6%4.040000%4%3.350000%3%

Household Income Distribution#7

Normalized with respect to a standard interval of $5k. Gray areas represent percentile bands from the tracts in Covington City.
Scope: households in Covington City, Tract 060200, and other tracts in Covington City
Tract 060200
Covington City
Percentile:
0th - 100th
10th - 90th
20th - 80th
30th - 70th
40th - 60th
0%2%4%6%8%10%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< $10k2322.775%2.78%242.082%2.08%00.000%0%70.607%0.61%857.372%7.37%14912.923%12.9%17515.178%15.2%322.775%2.78%554.770%4.77%675.811%5.81%1049.020%9.02%11810.234%10.2%927.979%7.98%413.556%3.56%746.418%6.42%988.500%8.50%

Median Household Income by Race#8

Scope: households in Covington City and Tract 060200
Tract 060200
Covington City
$0k$10k$20k$30k$40k%All White1Non-Hispanic WhiteAll2Mixed$41,581.000000$37,155.000000$41,581.000000$41.6k107.753505%108%$41,581.000000$37,155.000000$41,581.000000$41.6k107.753505%108%$38,589.000000$34,703.000000$38,589.000000$38.6k100.000000%100%$29,352.000000$29,352.000000$29,352.000000$29.4k76.063127%76%

Household Income Distribution by Race#9

Ethno-racial composition of the given household income intervals.
Scope: households in Tract 060200
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%64100.000000%100%0.000000%0.000000%0.000000%0.000000%0.000000%48100.000000%100%0.000000%0.000000%0.000000%0.000000%0.000000%14100.000000%100%0.000000%0.000000%0.000000%0.000000%0.000000%170100.000000%100%0.000000%0.000000%0.000000%0.000000%0.000000%298100.000000%100%0.000000%0.000000%0.000000%0.000000%0.000000%350100.000000%100%0.000000%0.000000%0.000000%0.000000%0.000000%6478.181818%78%0.000000%21.818182%22%0.000000%0.000000%0.000000%9864.179104%64%0.000000%0.000000%35.820896%36%0.000000%0.000000%11082.692308%83%0.000000%6.730769%0.000000%0.000000%10.576923%11%19077.118644%77%0.000000%22.881356%23%0.000000%0.000000%0.000000%209100.000000%100%0.000000%0.000000%0.000000%0.000000%0.000000%184100.000000%100%0.000000%0.000000%0.000000%0.000000%0.000000%8291.891892%92%0.000000%8.108108%8%0.000000%0.000000%0.000000%14284.693878%85%0.000000%0.000000%15.306122%15%0.000000%0.000000%1810%20%40%60%80%100%Count

Household Income by Tract in Covington City

There are 2 tracts in Covington City. This section compares Tract 060200 to all of the tracts in Covington City and to those entities that contain or substantially overlap with Tract 060200.

Median Household Income by Tract#10

Scope: households in Tract 060200, selected other tracts in Covington City, and entities that contain Tract 060200
$0k$20k$40k$60k%#VirginiaUnited States of AmericaUnited StatesSouth AtlanticSouthZIP Code 24426ZIP 24426060200Tract 060200Covington CityCovingtonCovingtonCovington City Public SchoolsCovington060100Tract 060100$66,149.000000$66,149.000000$66.1k+71.419%+71.4%$55,322.000000$55,322.000000$55.3k+43.362%+43.4%$52,868.000000$52,868.000000$52.9k+37.003%+37.0%$51,236.000000$51,236.000000$51.2k+32.774%+32.8%$42,454.000000$42,454.000000$42.5k+10.016%+10.0%$38,589.000000$38,589.000000$38.6k+0.000%0%1$34,703.000000$34,703.000000$34.7k-10.070%-10.1%$34,703.000000$34,703.000000$34.7k-10.070%-10.1%$34,703.000000$34,703.000000$34.7k-10.070%-10.1%$33,087.000000$33,087.000000$33.1k-14.258%-14.3%2

Six-Figure Incomes by Tract#11

Percentage of households with incomes above $100k.
Scope: households in Tract 060200, selected other tracts in Covington City, and entities that contain Tract 060200
< $25k
$25-50k
$50-100k
$100-200k
$200k+
80%60%40%20%0%20%Count#VirginiaUnited States of AmericaUnited StatesSouth AtlanticSouthZIP Code 24426ZIP 24426060100Tract 060100Covington CityCovingtonCovingtonCovington City Public SchoolsCovington060200Tract 060200-30.058074%-20.306953%-17.801855%-68.166882%68%23.319433%8.513684%31.833118%32%983,700984k-29.966666%-23.121086%-22.339882%-75.427634%75%18.905615%5.666751%24.572366%25%28,925,66528.9M-29.646377%-24.158213%-23.154459%-76.959048%77%17.687023%5.353929%23.040952%23%5,366,4835.37M-29.405566%-24.459315%-24.342644%-78.207526%78%16.946467%4.846007%21.792474%22%9,611,6329.61M-30.056366%-26.657825%-29.542440%-86.256631%86%12.350796%1.392573%13.743369%14%829-21.986353%-32.827900%-38.210766%-93.025019%93%6.974981%0.000000%6.974981%7%921-28.276699%-32.726537%-32.726537%-93.729773%94%4.975728%1.294498%6.270227%6%155-28.276699%-32.726537%-32.726537%-93.729773%94%4.975728%1.294498%6.270227%6%155-28.276699%-32.726537%-32.726537%-93.729773%94%4.975728%1.294498%6.270227%6%155-35.472680%-32.610581%-26.452732%-94.535993%95%2.688638%2.775369%5.464007%5%632

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

Scope: households in Tract 060200, selected other tracts in Covington City, and entities that contain Tract 060200
$0k$100k$200k$300k%#VirginiaUnited States of AmericaUnited StatesSouth AtlanticSouth060200Tract 060200Covington CityCovingtonCovingtonCovington City Public SchoolsCovingtonZIP Code 24426ZIP 24426060100Tract 060100$388,897.000000$388,897.000000$388.9k+28.614%+28.6%$358,316.000000$358,316.000000$358.3k+18.500%+18.5%$347,004.000000$347,004.000000$347.0k+14.759%+14.8%$334,260.000000$334,260.000000$334.3k+10.544%+10.5%$302,376.000000$302,376.000000$302.4k+0.000%0%1$209,939.000000$209,939.000000$209.9k-30.570%-30.6%$209,939.000000$209,939.000000$209.9k-30.570%-30.6%$209,939.000000$209,939.000000$209.9k-30.570%-30.6%$200,381.000000$200,381.000000$200.4k-33.731%-33.7%$129,056.000000$129,056.000000$129.1k-57.319%-57.3%2

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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