Graph and download economic data for Estimate of Median Household Income for Boone County, MO (MHIMO29019A052NCEN) from 1989 to 2023 about Boone County, MO; Columbia; MO; households; median; income; and USA.

About this dataset

Context

The dataset presents median household incomes for various household sizes in Columbia, MO, as reported by the U.S. Census Bureau. The dataset highlights the variation in median household income with the size of the family unit, offering valuable insights into economic trends and disparities within different household sizes, aiding in data analysis and decision-making.

Key observations

• Of the 7 household sizes (1 person to 7-or-more person households) reported by the census bureau, all of the household sizes were found in Columbia. Across the different household sizes in Columbia the mean income is $92,560, and the standard deviation is $41,295. The coefficient of variation (CV) is 44.61%. This high CV indicates high relative variability, suggesting that the incomes vary significantly across different sizes of households.
• In the most recent year, 2021, The smallest household size for which the bureau reported a median household income was 1-person households, with an income of $34,871. It then further increased to $161,662 for 7-person households, the largest household size for which the bureau reported a median household income.

https://i.neilsberg.com/ch/columbia-mo-median-household-income-by-household-size.jpeg" alt="Columbia, MO median household income, by household size (in 2022 inflation-adjusted dollars)">

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates.

Household Sizes:

• 1-person households
• 2-person households
• 3-person households
• 4-person households
• 5-person households
• 6-person households
• 7-or-more-person households

Variables / Data Columns

• Household Size: This column showcases 7 household sizes ranging from 1-person households to 7-or-more-person households (As mentioned above).
• Median Household Income: Median household income, in 2022 inflation-adjusted dollars for the specific household size.

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for Columbia median household income. You can refer the same here

Graph and download economic data for 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Boone County, MO (MHICIUBMO29019A052NCEN) from 1989 to 2023 about Boone County, MO; Columbia; MO; households; median; income; and USA.

Graph and download economic data for Estimate of Median Household Income for Howard County, MO (MHIMO29089A052NCEN) from 1989 to 2023 about Howard County, MO; Columbia; MO; households; median; income; and USA.

Graph and download economic data for 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Howard County, MO (MHICILBMO29089A052NCEN) from 1989 to 2023 about Howard County, MO; Columbia; MO; households; median; income; and USA.

Graph and download economic data for Per Capita Personal Income in Columbia, MO (MSA) (CLMPCPI) from 1969 to 2023 about Columbia, MO, personal income, per capita, personal, income, and USA.

Graph and download economic data for Per Capita Personal Income in Boone County, MO (PCPI29019) from 1969 to 2023 about Boone County, MO; Columbia; MO; personal income; per capita; personal; income; and USA.

Graph and download economic data for Per Capita Personal Income in Howard County, MO (PCPI29089) from 1969 to 2023 about Howard County, MO; Columbia; MO; personal income; per capita; personal; income; and USA.

Graph and download economic data for Real Per Capita Personal Income for Columbia, MO (MSA) (RPIPC17860) from 2008 to 2023 about Columbia, MO, personal income, per capita, personal, income, real, and USA.