How would you interpret this economic data?
I ran across a site with some stats on my home county, in s/w missouri. You will find these at this link..
http://www.epodunk.com/cgi-bin/genIn...locIndex=20484
I find a couple things a bit confusing. You will notice the chart which shows the median household income of our county was found by the 2000 census to be $27,010 as opposed to the national median household income of $41,884 at that time.
Right below that it says this...
Quote:
In 2002, the per capita personal income in McDonald County was $20,107. This was an increase of 25.4% from 1997. The 2002 figure was 65% of the national per capita income, which was $30,906.
It is saying that 2002 is an increase over 1997.. but when I compare that to the 2000 census, it appears to me that we lost $7,000 in income from 2000 to 2002. It also seems to be saying that natioanlly the median dropped from 2000 to 2002 from $41,884 to $30,906.
Is there something I am not getting? Is this flawwed data?
Anyway, one of the things which interests me about this is I wonder how much that loss in average income is due to the high numbers of immigrants, a LARGE number of whom ARE illegals, who are now working in the fields which are the counties 3 main fields of employment.. Tysons, Wal-Mart, and in General Contracting. In any case.. whatever the trends are in income, you can see that this is a very poor county with these median income levels. We can barely afford to survive, and yet we have to pay more and more for increased police (our sheriffs booking report has increased by 8 times in the last 6 years, mostly with names like Gonzalez and Hernandez), as well as having to expand our schools etc.