In 2019, Tucson, AZ had a population of 548k people with a median age of 34.5 and a median household income of $44,365. Between 2018 and 2019 the population of Tucson, AZ grew from 545,987 to 548,082, a 0.384% increase and its median household income grew from $43,676 to $44,365, a 1.58% increase.
What is middle class income Tucson?
The Census ACS 1-year survey reports that the median household income for the Tucson Arizona metro area was $56,169 in 2019, the latest figures available. Tucson median household income is $5,886 lower than the median Arizona household income and $9,543 less than the US median household income.
What is the average household income in Tucson AZ?
Table
Population | |
---|---|
Income & Poverty | |
Median household income (in 2020 dollars), 2016-2020 | $45,227 |
Per capita income in past 12 months (in 2020 dollars), 2016-2020 | $24,468 |
Persons in poverty, percent | 20.8% |
Is Tucson a low income community?
The rate of Tucsonans in poverty then plateaued and hovered just above 25% until 2017 when it began to decline. The most recent U.S. Census Bureau American Community Survey (ACS) 1-year report on poverty providing 2018 data indicates a city-wide poverty rate of 21.9%.
What is considered high income in Arizona?
According to Business Insider, Arizona residents need to make at least $107,120 each year to be considered “upper income” or “rich” — a far cry from the state’s median annual household income, which was $35,880 in 2016.
What percentage of Americans make over 100k?
The individual annual income of 24% of Americans exceeded $100,000 in 2020. The annual income of 34% of American households exceeds $100,000. In the five years to 2022, American households earning over $100,000 a year increased by 4.1%.
What salary is upper class?
In 2021, the median household income is roughly $68,000. An upper class income is usually considered at least 50% higher than the median household income. Therefore, an upper class income in America is $100,000 and higher.
What is middle class in Tucson AZ?
$30,268 is the 25th percentile. Salaries below this are outliers. $69,050 is the 75th percentile.
What is the cost of living in Tucson Arizona?
Tucson cost of living is 91.6
COST OF LIVING | Tucson | Arizona |
---|---|---|
Grocery | 95.5 | 96.1 |
Health | 81.5 | 95.2 |
Housing | 80.4 | 107.8 |
Median Home Cost | $271,800 | $349,300 |
What is the median income in Arizona for a married couple?
Women in the States
Median Household Income by Household Type and State, 2013 | ||
---|---|---|
Married Couple Families | ||
Alabama | $71,000 | $62,500 |
Alaska | $94,300 | $92,300 |
Arizona | $70,000 | $65,730 |
Why is Tucson so poor?
That rate, which was well above the national poverty rate of 15.9 percent last year, was attributed to the region’s high unemployment, slow economic growth, low education levels and low-paying jobs.
What percent of Tucson is black?
Table
Population | ||
---|---|---|
Female persons, percent | 50.5% | 50.5% |
Race and Hispanic Origin | ||
White alone, percent | 69.3% | 75.8% |
Black or African American alone, percent(a) | 4.9% | 13.6% |
What type of people live in Tucson?
The 5 largest ethnic groups in Tucson, AZ are White (Non-Hispanic) (41.6%), White (Hispanic) (30.3%), Other (Hispanic) (9.12%), Black or African American (Non-Hispanic) (4.86%), and Two+ (Hispanic) (3.77%). 0% of the households in Tucson, AZ speak a non-English language at home as their primary language.
What is a livable salary in Arizona?
Living Wage Calculation for Arizona
1 ADULT | 2 ADULTS (1 WORKING) | |
---|---|---|
0 Children | 2 Children | |
Living Wage | $17.43 | $37.82 |
Poverty Wage | $6.19 | $12.74 |
Minimum Wage | $12.80 | $12.80 |
Where do the rich live in AZ?
Nestled in Maricopa County, Paradise Valley is the richest city in Arizona (and one of the richest in the country). Its quiet charm and privacy attract affluent business moguls, celebrities, sports figures, and residents looking for a private oasis. With a population of 14,637, the median household income is $211,393.
What is considered middle class in Arizona?
The middle class is usually defined as the group of earners in the center of the earning scale.
How much you have to earn to be middle class in every state.
State | Middle-class income | Median household income |
---|---|---|
Arizona | $61,699 | $62,055 |
Delaware | $60,015 | $70,176 |
Montana | $59,496 | $57,153 |
Minnesota | $58,903 | $74,593 |
How much does the average American have in savings?
And according to data from the 2019 Survey of Consumer Finances by the US Federal Reserve, the most recent year for which they polled participants, Americans have a weighted average savings account balance of $41,600 which includes checking, savings, money market and prepaid debit cards, while the median was only
What percentage of black men make $100000?
Almost three-in-ten (28%) make $75,000 or more, including 18% that make $100,000 or more. The median household income for single-race Black households in 2019 is $43,200, meaning half of households headed by a single-race Black person earn more than that and half earn less.
How common is a 6 figure salary?
These days, a six-figure income is not as rare as it used to be. However, a 6 figures salary is still not that common in the US. According to a report by IBISWorld, in 2020, about 30.7% of Americans received a salary of more than $100,000.
Are doctors High class?
The upper-middle-class usually evolves out of people from the middle-class tier who are particularly resourceful or who achieve higher levels of education than the rest of the middle class. Examples of these people in today’s society are doctors and lawyers.
What is considered rich by age?
Here’s the net worth each generation says you need to be considered wealthy in 2021: Millennials (ages 24 to 39): $1.4 million. Gen X (ages 40 to 55): $1.9 million. Baby boomers (ages 56 to 74): $2.5 million.