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Demographics

Buying Income

Income
Per Capita Income* $35,130
Median Household Income** $53,600
Mean (Average) Household Income** $67,800
Median Family Income $57,452

SOURCES: *U.S. Dept. of Commerce, Bureau of Economic Analysis (2008). **Estimates for 2009 by the MD Department of Planning (2010). ***U.S. Census Bureau, 2009 American Community Survey.+

 

Effective Buying Income*
Total EBI ($000) $2,878,663
Per Capita EBI $19,541
Median Household EBI** $42,755


*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.

SOURCE: Nielsen-Claritas, Inc.



Distribution of Income
Households by EBI* Group County Hagerstown Hagerstown (MSA)***
Under $25,000 25.1% 38.1% 25.2%
$25,000 - 74,999 56.6% 52.8% 56.8%
$75,000 $ Over 18.3% 9.1% 18.0%
* * Effective Buying Income (EBI) equals money income less personal tax and non-tax payments, also known as "disposable" or "after-tax" income. **Metropolitan Statistical Area includes Washington County, MD; Berkeley County, WV; and Morgan County, WV.
* SOURCE: Nielsen-Claritas, Inc.

 





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