Income

Household Income (HHI)

Median HHI - $85,501

With a Median Household Income of $85,501 the Kansas City-St. Joseph, KS-MO Market ranks 50th across STI Markets.

Average HHI - $113,024

The Average Household Income is $113,024 for which this market ranks 47th.

Income Distribution

Income Distribution

Figure 37: Income Distribution

Income Distribtuion Line

Below the multi-colored line represents the same data for household income in the Kansas City-St. Joseph, KS-MO 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.

Income Distribution Line

Figure 38: Income Distribution Line

Income Inequality - Moderate

The distribution of Household Income in the Kansas City-St. Joseph, KS-MO market can be considered Moderate with a Gini coefficient of 0.437. This market ranks 117th 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 $76,119 and $127,232, respectively.

Household Income Thematic

Figure 39: Household Income Thematic

HH Income by Age of Head of Householder

Distribtion Comaprison

Income Distribution Line

Figure 40: Income Distribution Line

HHI Age under 25 - $64,530

With an Average Household Income for those head of householders aged under 25 of $64,530 the Kansas City-St. Joseph, KS-MO market ranks 66th across STI Markets.

HHI 00to25 Thematic

Figure 41: HHI 00to25 Thematic

HHI Age 25 to 45 - $120,105

With an Average Household Income for those head of householders aged 25 to 45 of $120,105 the Kansas City-St. Joseph, KS-MO market ranks 52nd across STI Markets.

HHI 25to45 Thematic

Figure 42: HHI 25to45 Thematic

HHI Age 45 to 65 - $128,684

With an Average Household Income for those head of householders aged 45 to 65 of $128,684 the Kansas City-St. Joseph, KS-MO market ranks 51st across STI Markets.

HHI 45to65 Thematic

Figure 43: HHI 45to65 Thematic

HHI Age 65 plus - $88,909

With an Average Household Income for those head of householders aged 65 and over of $88,909 the Kansas City-St. Joseph, KS-MO market ranks 61st across STI Markets.

HHI 65over Thematic

Figure 44: HHI 65over Thematic

HH Income by Age of Head of Householder

Distribtion Comaprison

Income Distribution Line

Figure 45: Income Distribution Line

HHI White - $118,509

With an Average Household Income for those head of householders Non-Hispanic White of $118,509 the Kansas City-St. Joseph, KS-MO market ranks 52nd across STI Markets.

HHI white Thematic

Figure 46: HHI white Thematic

HHI Black - $79,764

With an Average Household Income for those head of householders identifying as Non-Hispanic Black of $79,764 the Kansas City-St. Joseph, KS-MO market ranks 78th across STI Markets.

HHI black Thematic

Figure 47: HHI black Thematic

HHI Asian - $131,807

With an Average Household Income for those head of householders identifying as Non-Hispanic Asian of $131,807 the Kansas City-St. Joseph, KS-MO market ranks 51st across STI Markets.

HHI asian Thematic

Figure 48: HHI asian Thematic

HHI Other - $104,642

With an Average Household Income for those head of householders identifying as Non-Hispanic Other of $104,642 the Kansas City-St. Joseph, KS-MO market ranks 60th across STI Markets.

HHI other Thematic

Figure 49: HHI other Thematic

HHI Hispanic - $99,628

With an Average Household Income for those head of householders identifying as Hispanic of $99,628 the Kansas City-St. Joseph, KS-MO market ranks 59th across STI Markets.

HHI hispanic Thematic

Figure 50: HHI hispanic Thematic

Disposible Income - $87,370

Disposable income is defined here as Household Income after accounting for Federal, State, and Local taxes. The Average Household Disposable Income is $87,370 which ranks 52nd across STI Markets.

This is a drop of $25,654, or 22.7%, overall this percentage drop ranks 57th across STI Markets.

Disposible Income VS HH Income

Figure 51: Disposible Income VS HH Income

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

Discretionary Income - $67,201

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 $67,201 which ranks 52nd across STI Markets.

This is a drop of $45,823, or 40.54%, overall this percentage drop ranks 86th across STI Markets.

Discretionary Income VS HH Income

Figure 52: Discretionary Income VS HH Income

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