Income

Household Income (HHI)

Median HHI - $77,654

With a Median Household Income of $77,654 the Pittsburgh-Erie-Sharon, PA Market ranks 81st across STI Markets.

Average HHI - $105,592

The Average Household Income is $105,592 for which this market ranks 73rd.

Income Distribution

Figure 37: Income Distribution

Income Distribtuion Line

Below the multi-colored line represents the same data for household income in the Pittsburgh-Erie-Sharon, PA 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 - High

The distribution of Household Income in the Pittsburgh-Erie-Sharon, PA market can be considered High with a Gini coefficient of 0.455. This market ranks 34th 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 $74,999 and $112,617, 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 - $60,598

With an Average Household Income for those head of householders aged under 25 of $60,598 the Pittsburgh-Erie-Sharon, PA market ranks 104th across STI Markets.

Figure 41: HHI 00to25 Thematic

HHI Age 25 to 45 - $119,157

With an Average Household Income for those head of householders aged 25 to 45 of $119,157 the Pittsburgh-Erie-Sharon, PA market ranks 60th across STI Markets.

Figure 42: HHI 25to45 Thematic

HHI Age 45 to 65 - $120,545

With an Average Household Income for those head of householders aged 45 to 65 of $120,545 the Pittsburgh-Erie-Sharon, PA market ranks 75th across STI Markets.

Figure 43: HHI 45to65 Thematic

HHI Age 65 plus - $81,084

With an Average Household Income for those head of householders aged 65 and over of $81,084 the Pittsburgh-Erie-Sharon, PA market ranks 97th 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 - $107,785

With an Average Household Income for those head of householders Non-Hispanic White of $107,785 the Pittsburgh-Erie-Sharon, PA market ranks 84th across STI Markets.

Figure 46: HHI white Thematic

HHI Black - $69,897

With an Average Household Income for those head of householders identifying as Non-Hispanic Black of $69,897 the Pittsburgh-Erie-Sharon, PA market ranks 114th across STI Markets.

Figure 47: HHI black Thematic

HHI Asian - $135,190

With an Average Household Income for those head of householders identifying as Non-Hispanic Asian of $135,190 the Pittsburgh-Erie-Sharon, PA market ranks 44th across STI Markets.

Figure 48: HHI asian Thematic

HHI Other - $98,995

With an Average Household Income for those head of householders identifying as Non-Hispanic Other of $98,995 the Pittsburgh-Erie-Sharon, PA market ranks 71st across STI Markets.

Figure 49: HHI other Thematic

HHI Hispanic - $105,527

With an Average Household Income for those head of householders identifying as Hispanic of $105,527 the Pittsburgh-Erie-Sharon, PA market ranks 46th across STI Markets.

Figure 50: HHI hispanic Thematic

Disposible Income - $80,892

Disposable income is defined here as Household Income after accounting for Federal, State, and Local taxes. The Average Household Disposable Income is $80,892 which ranks 79th across STI Markets.

This is a drop of $24,700, or 23.39%, overall this percentage drop ranks 44th 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 - $59,565

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 $59,565 which ranks 72nd across STI Markets.

This is a drop of $46,027, or 43.59%, overall this percentage drop ranks 81st 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