16 Feb 2017 Counties with Fastest Growing Median Household Income are McPherson County (NE), Schleicher County (TX) and McKenzie County (ND); Slowest are Crisp County (GA), Chattahoochee County (GA), Bell County (KY)
Recently released data from the Bureau of Economic Analysis illuminates which counties have the fastest growing Median Household Income (MHHI). Growth is measured by the percentage change in MHHI between 2010 and 2015. Headlight Data ranks growth for all the counties in the U.S.
In the last five years, Median Household Income grew 12% in the United States. Among counties, the highest growth is found in McPherson County, NE (68%). Schleicher County, TX (64%), McKenzie County, ND (61%), and Wheeler County, NE (60%) follow. Other counties with rapidly growing MHHI are Williams County (ND), Stark County (ND) and Harding County (SD).
The slowest growth in Median Household Income is found in Crisp County, GA (-12%). Chattahoochee County, GA (-11%), Bell County, KY (-11%) and Greene County, NC (-9%) follow.
The point change in the 5-year growth rate from 2010 to 2015 for the U.S. is 3 percentage points. The counties showing the most improvement (with the greatest increase in the 5-year growth rate) are Schleicher County, TX (+74 pts.), McPherson County, NE (+68 pts.) and Wheeler County, NE (+61 pts.). Perkins County (SD), Blaine County (NE), and Meagher County (MT) also experienced a substantial improvement.
Growth has slowed in some counties since 2010. The counties with the largest decreases in growth rate are Blaine County, OK (-49 pts.), Leslie County, KY (-44 pts.) and Letcher County, KY (-38 pts.). Other counties with a declining 5-year growth rate since 2010 are Bell County (KY), Crisp County (GA) and Ness County (KS).
Research, analysis and content developed by Headlight Data. Original data from the Bureau of Labor Statistics.
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