Table
| Population | |
|---|---|
| Income & Poverty | |
| Median household income (in 2020 dollars), 2016-2020 | $83,567 |
| Per capita income in past 12 months (in 2020 dollars), 2016-2020 | $42,721 |
| Persons in poverty, percent | 7.4% |
What is considered poverty level income in NC?
In 2019, 13.6 percent of North Carolinians lived in poverty — an income of just $25,750 for a family of four. This means the state entered the pandemic with more than 1.4 million residents in poverty, and many more North Carolinians are likely to experience poverty during their lifetimes.
What is Raleigh poverty rate?
The poverty rate in Raleigh is 14.0%.
What is the poorest County in the state of North Carolina?
Bertie County
Meanwhile, Bertie County is the poorest county in North Carolina, with a median household income of $29,388. Bertie County is located in the northeastern part of the state.
What is the racial makeup of Wake County NC?
The 5 largest ethnic groups in Wake County, NC are White (Non-Hispanic) (59.4%), Black or African American (Non-Hispanic) (20.1%), Asian (Non-Hispanic) (7.52%), White (Hispanic) (5.22%), and Other (Hispanic) (3.89%).
What is the poverty line in NC 2020?
By the numbers: The latest five-year figures from the 2016-2020 American Community Survey reveal 14% of North Carolina residents earned incomes below the federal poverty line ($12,760 for a single person in 2020).
What is the federal poverty guideline for 2021?
For a family or household of 4 persons living in one of the 48 contiguous states or the District of Columbia, the poverty guideline for 2021 is $26,500. Separate poverty guideline figures are developed for Alaska and Hawaii, and different guidelines may apply to the Territories.
What is the average household income in Raleigh NC?
The average household income in Raleigh is $94,359 with a poverty rate of 12.60%. The median rental costs in recent years comes to $1,121 per month, and the median house value is $248,300. The median age in Raleigh is 33.6 years, 32.3 years for males, and 34.8 years for females.
What percent of Raleigh is black?
(28.3%)
The 5 largest ethnic groups in Raleigh, NC are White (Non-Hispanic) (52.5%), Black or African American (Non-Hispanic) (28.3%), Other (Hispanic) (5.69%), White (Hispanic) (5.46%), and Asian (Non-Hispanic) (4.02%).
What is the poverty rate in Durham NC?
The poverty rate in Durham is 17.4%.
Which county in NC has the highest poverty rate?
When looking at poverty as a percent of the population, Bladen county has the highest percent of their population living in poverty at 29.1% or 9,542 people; while Union county has the lowest percent at 7% or 16,361 people.
What is the poorest city in the state of North Carolina?
Goldsboro was ranked the poorest city in North Carolina in a 24/7 Wall St. analysis examining U.S. municipalities where households earn less than the nation’s median annual household income of $65,712.
What’s the wealthiest county in North Carolina?
North Carolina Counties Ranked by Per Capita Income
| Rank | County | Median family income |
|---|---|---|
| 1 | Orange | $79,811 |
| 2 | Wake | $81,461 |
| 3 | Mecklenburg | $67,375 |
| 4 | Dare | $65,778 |
What is Wake County known for?
Consistently rated as one of the best places to live and work in America, Wake County is home to NC State University, Research Triangle Park, and 2006 Stanley Cup Champions, the Carolina Hurricanes.
Is Wake County red or blue?
Politics. For much of the second half of the 20th century, Wake County was a swing county. Since 2008, it has voted for the Democratic Party.
What is the property tax rate in Wake County NC?
Residents of Wake County have an average effective property tax rate of 0.88% and the median annual property tax payment is $2,327.
What income is considered poor?
2021 POVERTY GUIDELINES FOR THE 48 CONTIGUOUS STATES AND THE DISTRICT OF COLUMBIA
| Persons in family/household | Poverty guideline |
|---|---|
| 1 | $12,880 |
| 2 | $17,420 |
| 3 | $21,960 |
| 4 | $26,500 |
What is the poverty line for a single person?
$12,490
For 2019, the U.S Department of health & Human Services enumerate what the line is for different families. For a single person, the line is $12,490 and up to $43,430 for a family of 8, in the lower 48 states.
What is considered low income?
By government standards, “low-income” earners are men and women whose household income is less than double the Federal Poverty Level (FPL). For a single person household, the 2019 FPL was $12,490 a year. That means that a single person making less than $25,000 a year would be considered low income.
Is poverty level based on gross or net income?
The federal poverty guidelines, also known as the federal poverty level (FPL), are used to measure a household’s poverty status based on your annual income. But not just the income you take home—your FPL is based on your modified adjusted gross income.
What is considered low income in the United States 2020?
Lower-income households had incomes less than $48,500 and upper-income households had incomes greater than $145,500 (all figures computed for three-person households, adjusted for the cost of living in a metropolitan area, and expressed in 2018 dollars).
