Income
Household Income (HHI)
Median HHI - $54,125
With a Median Household Income of $54,125 the Rio Grande Valley, TX Market ranks 158th across STI Markets.
Income Distribtuion Line
Below the multi-colored line represents the same data for household income in the Rio Grande Valley, TX market, but more equally lays out the distribution of population versus the income level, correcting for differences in size of income ranges. You will also notice that after 200k the income ranges are scaled down so the focus is more centered on the more numerous Households making under 200k. The black line represents the National Income Distribution for comparison.
HH Income by Age of Head of Householder
HHI Age under 25 - $48,106
With an Average Household Income for those head of householders aged under 25 of $48,106 the Rio Grande Valley, TX market ranks 141st across STI Markets.
HHI Age 25 to 45 - $77,056
With an Average Household Income for those head of householders aged 25 to 45 of $77,056 the Rio Grande Valley, TX market ranks 162nd across STI Markets.
HH Income by Age of Head of Householder
HHI White - $84,640
With an Average Household Income for those head of householders Non-Hispanic White of $84,640 the Rio Grande Valley, TX market ranks 146th across STI Markets.
HHI Black - $79,863
With an Average Household Income for those head of householders identifying as Non-Hispanic Black of $79,863 the Rio Grande Valley, TX market ranks 50th across STI Markets.
HHI Asian - $103,150
With an Average Household Income for those head of householders identifying as Non-Hispanic Asian of $103,150 the Rio Grande Valley, TX market ranks 100th across STI Markets.
Disposible Income - $61,290
Disposable income is defined here as Household Income after accounting for Federal, State, and Local taxes. The Average Household Disposable Income is $61,290 which ranks 157th across STI Markets.
This is a drop of $11,734, or 16.07%, overall this percentage drop ranks 167th across STI Markets.
Purple = 15% decrease, Blue = 25% decrease, Green = 35% decrease, Orange = 45% decrease, Red = 55% decrease
Discretionary Income - $41,470
Discretionary income goes a step further. It takes Disposable Income, which already accounts for taxes, and accounts for the typical cost of Food, Housing, and Clothing. The Average Household Discretionary Income is $41,470 which ranks 163rd across STI Markets.
This is a drop of $31,554, or 43.21%, overall this percentage drop ranks 80th across STI Markets.
Purple = 15% decrease, Blue = 25% decrease, Green = 35% decrease, Orange = 45% decrease, Red = 55% decrease