100 W. Washington St., Room 103
Hagerstown, MD 21740
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| Income | |||||
|---|---|---|---|---|---|
| Per Capita Income* | $31,015 | ||||
| Median Household Income** | $51,650 | ||||
| Mean (Average) Household Income** | $67,350 | ||||
| Median Family Income | $60,721 | ||||
SOURCES: *U.S. Dept. of Commerce, Bureau of Economic Analysis (2005). **Estimates for 2006 by the MD Department of Planning (2007). ***U.S. Census Bureau, 2006 American Community Survey.+
| Effective Buying Income* | |||||
|---|---|---|---|---|---|
| Total EBI ($000) | $2,675,660 | ||||
| Per Capita EBI | $18,409 | ||||
| Median Household EBI** | $40,335 | ||||
SOURCE: Demographics USA® 2007, a publication of ACNielsen Trade Dimensions, Wilton, CT.
*Effective Buying Income (EBI) equals money income less personal and non-tax payments, also known as “disposable” or “after-tax” income.
**Median Household EBI has proven to be a more statistically reliable indicator of an area’s income levels than mean (average) figures.
| Distribution of Income | |||||
|---|---|---|---|---|---|
| Households by EBI* Group | County | Hagerstown** | Hagerstown (MSA)*** | ||
| Under $25,000 | 27% | 35% | 26.3% | ||
| $25,000 - 74,999 | 57.6% | 55.5% | 59.3% | ||
| $75,000 $ Over | 15.3% | 9.6% | 14.6% | ||