Interesting Income and home price data

[bsrsharma]

Income and housing costs

Highest per capita income and median housing cost below $100,000.

Naples, South Dakota. Per capita income: $78,450; median housing cost: $36,300; population: 25.

Highest per capita income and median housing cost below $200,000.

Rex, North Carolina. Per capita income: $148,073; median housing cost: $137,500; population: 55.

Highest median household income and median housing cost below $100,000.

Valley Park, Oklahoma. Median household income: $101,376; median housing cost: $27,500; population: 24.

Highest median household income and median housing cost below $200,000.

Rex, North Carolina. Median household income: above $200,000; median housing cost: $137,500; population: 55.

Lowest per capita income and median housing cost in excess of $1,000,000.

Kirkwood, California. Per capita income: $14,853; population: 96.

Lowest median household income and median housing cost in excess of $1,000,000.

Mountain Village, Colorado. Median household income: $30,663; population: 978.

Population in excess of 10,000

Highest per capita income and median housing cost below $100,000.

Greater Sun Center, Florida. Per capita income: $28,222; median housing cost: $93,100; population: 16,321.

Highest median household income and median housing cost below $100,000.

The Colony, Texas. Median household income: $64,080; median housing cost: $26,661; population: 26,531.

Lowest median household income and median housing cost in excess of $1,000,000.

Beverly Hills, California. Median household income: $70,945; population: 33,784.

Population in excess of 50,000

Income

Highest median household income. Cupertino, California. Median household income: $100,411; population: 50,546.

Highest per capita income and median housing cost below $100,000.

Huntsville, Alabama. Per capita income: $24,015; median housing cost: $97,300; population: 158,216.

Highest median household income and median housing cost below $100,000.

Broken Arrow, Oklahoma. Median household income: $53,507; median housing cost: $99,000; population: 74,859.

[lniles]

Are those income numbers based on tax returns? If so, then the data is meaningless to me. My adjusted gross income after deductions is much lower than my non-adjusted gross. The people in Beverly Hills might have good accountants which makes their income on tax returns look much lower so they pay less taxes.

[bsrsharma]

U.S. Census Bureau data. My guess is, it is probably before taxes to avoid the problem you mentioned.

[bobby]

Naples, SD & Valley Park, OK make no sense. If people makes so much money why would they not spend a little bit more on where they live. I assume the ownership rate in those places is over 90%
spending too little money on your residence is just as silly as spending too much

[bsrsharma]

Both Naples & Valley Park are very small hamlets. Just a couple of folks are very rich skewing the statistics. The towns that merit attention are Huntsville & Broken Arrow. Some one moving there can seriously improve their standard of living, at least statistically!.

[bobby]

if one very rich person moves into town, it won’t affect the median. It’ll affect the mean but not median.
so at least 1/2 the town has to be wealthy.

[bsrsharma]

1/2 the town

= 3 families; Probably a rich farmer and his two sons, all in a village of 24 people!

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