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Median Income

Thursday, January 24, 2013

Pittsburgh Wealthiest Zip Codes: How Do Pine-Richland Communities Fare?

The Pittsburgh Business Times lists the top 50 communities around the region. So how do Wexford, Bakerstown and other PR neighborhoods rank in 2013?

Wexford is the fourth-wealthiest zip code in the Pittsburgh area. The Pittsburgh Business Times each year compiles a list of the top 50 wealthiest zip codes in the Pittsburgh area by examining median incomes. This year, Wexford comes in fourth, although the Business Times ranking also covers the Marshall Township portion of the community. Wexford's median income is $107,767. That's 8 percent higher than in 2010, according to the Business Times. Gibsonia missed the Top 10 list by three slots, coming in at No. 13. The Business Times list also includes portions of Pine and Adams townships in that ranking, which is based on a median income of $75,871. Bakerstown, in Richland, comes in at No. 37, with a median income of $57,142, according to …

Sunday, September 16, 2012

How Do You Define the Middle Class in America?

Both Mitt Romney and Barack Obama define it as up to $250,000. But not all Americans might agree.

How you define "middle-income" Americans might depend on where you view your own household income in relationship to others. On Friday, Republican presidential nominee Mitt Romney defined it as income of $200,000 to $250,000 a year and less. And President Barack Obama, the Democratic candidate, has set his definition for “middle class” as families with income of up to $250,000 a year. But are their viewpoints accurate and in touch with the way the average American views the middle class? The federal Census Bureau reported this week that the median household income — the midpoint for the nation — is just over $50,000. Pennsylvania ranks 37th out of the 50 states with a median household income of $50,087. The Tax Policy Center placed the …

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Janis OD

1:30 am on Thursday, September 20, 2012

Debra...same here. I moved to PA 2 years ago after living in DC Metropolitan area my whole life. Incomes are relatively low here mostly due to the lack of federal govenment's far-reaching effect as compared to DC area. Between federal employee wages and federal contractors plus so many two-income earning homes, the wages are higher but so then is the cost of living - specifically housing costs.   more ›

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