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Demographics

Demographics : Income / Retail Sales : Buying Income

Buying Income

Income
Per Capita Income* $33,378
Median Household Income** $52,150
Mean (Average) Household Income** $68,700
Median Family Income $65,300

SOURCES: *U.S. Dept. of Commerce, Bureau of Economic Analysis (2007). **Estimates for 2007 by the MD Department of Planning (2009). ***U.S. Census Bureau, 2008 American Community Survey.+

 

Effective Buying Income*
Total EBI ($000) $2,820,325
Per Capita EBI $19,065
Median Household EBI** $42,327


SOURCE: Demographics USA® 2009, a publication of The Nielsen Company, Ithaca, NY.
*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 25.2% 33.4% 25.4%
$25,000 - 74,999 57.5% 55.9% 57.6%
$75,000 $ Over 17.3% 10.3% 17.0%
* * Effective Buying Income (EBI) equals money income less personal tax and non-tax payments, also known as "disposable" or "after-tax" income. **Hagerstown data only encompasses the 21740 zip code. ***Metropolitan Statistical Area includes Washington County, MD; Berkeley County, WV; and Morgan County, WV.
* SOURCE: Demographics USA® 2009, a publication of The Nielsen Company, Ithaca, NY. .

 





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