Income

Household Income (HHI)

Median HHI - $77,787

With a Median Household Income of $77,787 the Casper, WY Market ranks 82nd across STI Markets.

Average HHI - $99,558

The Average Household Income is $99,558 for which this market ranks 96th.

Income Distribution

Figure 37: Income Distribution

Income Distribtuion Line

Below the multi-colored line represents the same data for household income in the Casper, WY market, but more equally lays out the distribution of population versus the income level, correcting for differences in size of income ranges. You will also notice that after 200k the income ranges are scaled down so the focus is more centered on the more numerous Households making under 200k. The black line represents the National Income Distribution for comparison.

Figure 38: Income Distribution Line

Income Inequality - Moderate

The distribution of Household Income in the Casper, WY market can be considered Moderate with a Gini coefficient of 0.434. This market ranks 130th in Household Income Inequality across all STI Markets.

Average Household Income by Census Tract

The interquartile range of Average Household Income across the market’s Census Tracts, that is its 25th percentile and 75th percentile values, are $81,374 and $107,044, respectively.

Figure 39: Household Income Thematic

HH Income by Age of Head of Householder

Distribtion Comaprison

Figure 40: Income Distribution Line

HHI Age under 25 - $58,196

With an Average Household Income for those head of householders aged under 25 of $58,196 the Casper, WY market ranks 111th across STI Markets.

Figure 41: HHI 00to25 Thematic

HHI Age 25 to 45 - $106,862

With an Average Household Income for those head of householders aged 25 to 45 of $106,862 the Casper, WY market ranks 92nd across STI Markets.

Figure 42: HHI 25to45 Thematic

HHI Age 45 to 65 - $114,012

With an Average Household Income for those head of householders aged 45 to 65 of $114,012 the Casper, WY market ranks 93rd across STI Markets.

Figure 43: HHI 45to65 Thematic

HHI Age 65 plus - $82,709

With an Average Household Income for those head of householders aged 65 and over of $82,709 the Casper, WY market ranks 88th across STI Markets.

Figure 44: HHI 65over Thematic

HH Income by Age of Head of Householder

Distribtion Comaprison

Figure 45: Income Distribution Line

HHI White - $101,667

With an Average Household Income for those head of householders Non-Hispanic White of $101,667 the Casper, WY market ranks 115th across STI Markets.

Figure 46: HHI white Thematic

HHI Black - $57,926

With an Average Household Income for those head of householders identifying as Non-Hispanic Black of $57,926 the Casper, WY market ranks 159th across STI Markets.

Figure 47: HHI black Thematic

HHI Asian - $103,631

With an Average Household Income for those head of householders identifying as Non-Hispanic Asian of $103,631 the Casper, WY market ranks 130th across STI Markets.

Figure 48: HHI asian Thematic

HHI Other - $88,983

With an Average Household Income for those head of householders identifying as Non-Hispanic Other of $88,983 the Casper, WY market ranks 112th across STI Markets.

Figure 49: HHI other Thematic

HHI Hispanic - $90,055

With an Average Household Income for those head of householders identifying as Hispanic of $90,055 the Casper, WY market ranks 102nd across STI Markets.

Figure 50: HHI hispanic Thematic

Disposible Income - $82,418

Disposable income is defined here as Household Income after accounting for Federal, State, and Local taxes. The Average Household Disposable Income is $82,418 which ranks 71st across STI Markets.

This is a drop of $17,140, or 17.22%, overall this percentage drop ranks 165th across STI Markets.

Figure 51: Disposible Income VS HH Income

Purple = 15% decrease, Blue = 25% decrease, Green = 35% decrease, Orange = 45% decrease, Red = 55% decrease

Discretionary Income - $62,886

Discretionary income goes a step further. It takes Disposable Income, which already accounts for taxes, and accounts for the typical cost of Food, Housing, and Clothing. The Average Household Discretionary Income is $62,886 which ranks 76th across STI Markets.

This is a drop of $36,672, or 36.83%, overall this percentage drop ranks 167th across STI Markets.

Figure 52: Discretionary Income VS HH Income

Purple = 15% decrease, Blue = 25% decrease, Green = 35% decrease, Orange = 45% decrease, Red = 55% decrease

Labor

Housing