About this dataset

Context

The dataset presents the mean household income for each of the five quintiles in Colorado City, TX, as reported by the U.S. Census Bureau. The dataset highlights the variation in mean household income across quintiles, offering valuable insights into income distribution and inequality.

Key observations

• Income disparities: The mean income of the lowest quintile (20% of households with the lowest income) is 13,025, while the mean income for the highest quintile (20% of households with the highest income) is 168,774. This indicates that the top earners earn 13 times compared to the lowest earners.
• *Top 5%: * The mean household income for the wealthiest population (top 5%) is 237,089, which is 140.48% higher compared to the highest quintile, and 1820.26% higher compared to the lowest quintile.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates.

Income Levels:

• Lowest Quintile
• Second Quintile
• Third Quintile
• Fourth Quintile
• Highest Quintile
• Top 5 Percent

Variables / Data Columns

• Income Level: This column showcases the income levels (As mentioned above).
• Mean Household Income: Mean household income, in 2023 inflation-adjusted dollars for the specific income level.

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 Colorado City median household income. You can refer the same here

I have lived all over this great state and have spent time in every corner, so just making a recommendation on a single solitary community will not do. If it pleases the commission, I would like to submit the attached file as a recommendation for 2021's redistricted congressional map. CO-01 - The 1st would shed its northern and eastern portions while shifting south to accommodate the new 8th. It would be an extremely wealthy district containing the upper class suburbs of Denver, as well as Columbine, Ken Caryl, Centennial, and Highlands Ranch. CO-02 - The 2nd would shift eastward, shedding its mountain communities while taking in Greeley and Longmont to become a truly Northern Colorado district. CO-03 - The western-based 3rd would take in the mountain communities of the 2nd while letting go of historically, culturally, and hydrologically separate portions of southern Colorado. CO-04 - The 4th would become a Southern Colorado district, stretching from the south of Colorado Springs to Pueblo, down across the San Luis Valley, and concluding in Durango and Cortez. Additionally, this district would become the 2nd most diverse in the state, and an extremely competitive district at that! CO-05 - The 5th would be based in the north portions of Colorado Springs, an area unique to the south of the city in its demographics, wealth, and ties to the United States Air Force. It would take in the entirety of culturally similar Eastern Colorado, ensuring that this sparsely populated region of ~100,000 people would maintain its voice in Washington. CO-06 - The 6th would move out of Brighton and Thornton, with Parker absorbed in its entirety as it so closely resembles south Aurora in wealth, demographics, and travel habits. Previously the most malformed district the new 6th would be incredibly compact! CO-07 - The 7th remains largely unchanged, save for parts lost to the 8th and a continued move up I-25 as growing neighborhoods continue to sprout up from old farmlands. CO-08 - The 8th would be the most diverse district in the state, taking in the largely Hispanic portions for west Denver and Adams County. Previously divided between the old 1st, 6th, and 7th, this district would ensure a united voice for a previously underrepresented community in Colorado In summary: 4 districts are centered around Denver, matching the 50% of the state's population that lives in Denver, Adams, Arapahoe, Jefferson, Douglas, and Broomfield counties (i.e., the Denver Metro Area minus Boulder County). Four districts represent the four unique "corners" of our state outside of Denver: Southern Colorado, the Eastern Plains, Northern Colorado, and the Western Slope. These districts contain contiguous communities, following highways and major roads to ensure easy travel for our future representatives. Finally, they are of course as equal to one another in population as can be expected, however minor adjustments will likely need to be made once proper census numbers are made available. Thank you for your time. *Please note that previous attempts at this submission were made using .geojson and .csv files, however the website did not recognize them and produced an error. Therefore I have attached a .png, the only other functional format I have available.