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Median household income (County Health Rankings)
Median Household Income is the income ($) where half of households in a county earn more and half of households earn less.
Income, defined as Total income, is the sum of the amounts reported separately for: wage or salary income; net self-employment income; interest, dividends, or net rental or royalty income or income from estates and trusts; Social Security or Railroad Retirement income; Supplemental Security Income (SSI); public assistance or welfare payments; retirement, survivor, or disability pensions; and all other income. Receipts from the following sources are not included as income: capital gains; money received from the sale of property (unless the recipient was engaged in the business of selling such property); the value of income â€œin kindâ€ from food stamps, public housing subsidies, medical care, employer contributions for individuals, etc.; withdrawal of bank deposits; money borrowed; tax refunds; exchange of money between relatives living in the same household; gifts and lump-sum inheritances, insurance payments, and other types of lump-sum receipts.
Measurement Period: 2015
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Peers included in this indicator:
- Peer counties are those counties similar in population composition and selected demographics.
Of the peer counties, only the ones that have data for the same indicator/time frame have been included.
This county has 22 peer counties
Peer counties (counties and county-like geographic areas) in stratum number 73
were stratified on the basis of the following factors: Frontier Status, Population Size, Poverty, Age, Population Density
All Peer Counties for Somerset
Prince Edward, VA;