Wilmington, Ohio's estimated
median household income in 2015:
$33,316
(it was
$34,880
in
2000)
Estimated per capita income in 2015: $20,977 (it was $17,346 in 2000)Population in 2014: 12,375 (99% urban, 1% rural). Population change since 2000: +3.8%
Check it out:
Estimated per capita income in 2015: $20,977 (it was $17,346 in 2000)Population in 2014: 12,375 (99% urban, 1% rural). Population change since 2000: +3.8%
Check it out:
a.
Wilmington's
median household income (most common occurring income) decreased from
$34,880 in 2000 to $33,316 in 2015.
b.
The
population of Wilmington
increased from 11,904 in 2000 to 12,375 in 2014.
c.
The per capita (average) income increased from $17,346 in 2000 to
$20,997
in 2015.
I
conclude that the city's income wealth over the observed period, for
the most part, didn't go away it actually increased and was simply
redistributed to fewer people. This wealth transfer replicates the
national trend.
A
sample calculation
Population
in 2000 was 11,904 with an average income of $17,346
= $206,486,784
total income.
Population
in 2014 was 12,375 with an average income of $20,997 = 259,837,875
total income
Paul
Hunter
For
comment and correction contact paulhunter45177@gmail.com
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