A View Of Wilmington Economics

During the several candidate forums for Wilmington city offices a lot of rhetoric concerning the economic state of the city and its residents have been discussed.

Here I present some information that might shed some light on the actual situation. Warning mind numbing data ahead!

To me the demographic data indicates that even though median household income has fallen since 2000 total wealth has increased. It’s just been shifted to fewer people. This shift reflects the national situation.

Paul Hunter paulhunter45177@gmail.com

Estimated median household income in 2012: $30,542 (it was $34,880 in 2000)

Wilmington:	$30,542
OH:	$46,829

Estimated per capita income in 2012: $19,455 (it was $17,346 in 2000)

Read more: http://www.city-data.com/city/Wilmington-Ohio.html#ixzz3XdpqMXrt

Estimated median household income in 2012: $36,378 (it was $33,702 in 2000)

Urbana:	$36,378
OH:	$46,829

Estimated per capita income in 2012: $19,518 (it was $17,831 in 2000)
Item: If we increase property taxes to build a connecting bridge between the business district and the residential area are we taking money out of the community or investing in economic development of the community?

Wilmington property tax on a $100,000 owner occupied residence.

2015 – $1246

2014 – $1258

2013 – $1344

2012 – $1398

2011 – $1392

Ohio income tax rates for Wilmington median household income

2014 - 3.17

2010 – 3.71

Fixed income?

Social Security and other COLA adjusted pensions and wages.

$15,000 annual income

2010 – $15,000

2015 – $16,314