| ← Median Household Income Trends: Adirondack Park vs United States | ↑Table of Contents | Median Household Income Trends: Adirondack Park vs Rural America → |
Table 3: Change in Median Household Income in Rural America, 1970–2020 (inflation adjusted)
| Area | 1970 | 2020 | Change |
|---|---|---|---|
| Park Towns | $55,083 | $62,574 | +13.6% |
| Rural America | |||
| USDA Nonmetro U.S. | $50,023 | $53,837 | +7.6% |
| Low Density U.S. | $47,078 | $54,378 | +15.5% |
| USDA Nonmetro NE | $58,024 | $60,466 | +4.2% |
| Low Density NE | $51,432 | $51,063 | −0.7% |
Table 3 (above) shows that the growth of median household income of the Park Towns, when adjusted for inflation, was consistent with or better than that of many areas across Rural America.
Note the trends in the rural areas in the Northeast U.S. where the Park Towns experienced significantly better growth in median household income than did many of these counties.
The maps on these pages compare the Park Towns with Rural America. From 1970 to 2020, the Park Towns saw a growth in median household income that was higher than that of areas with 63% of the population of Rural America and 82% of the population of the Rural Northeast U.S. In 2020, the Park Towns had a median household income higher than that of areas with 83% of the population of Rural America and 71% of the population of the Rural Northeast U.S.
In sum, analysis of median household income trends shows that Park Towns’ households saw their income grow at a greater rate than did the majority of areas across New York State, the U.S., and Rural America. ❑
Figure 14: Comparison of changes in median household income from 1970 to 2020 between the Park Towns and the Rural Northeast U.S. counties
From 1970 to 2020, 80% of USDA Nonmetro Northeast U.S. counties had lower growth in median household income than did the Park Towns. These counties were home to 3.5 million people, 82% of the population of the Rural Northeast U.S.
Figure 15: Comparison of median household income in 2020 between the Park Towns and the Rural Northeast U.S. counties
In 2020, 75% of USDA Nonmetro Northeast U.S. counties had a lower median household income than did the Park Towns. These counties were home to 3.0 million people, 71% of the population of the Rural Northeast U.S.