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Fort Wayne, IN

Income

Household Income (HHI)

Median HHI - $68,877

With a Median Household Income of $68,877 the Fort Wayne, IN Market ranks 89th across STI Markets.

Average HHI - $87,981

The Average Household Income is $87,981 for which this market ranks 112th.

Income Distribution

Income Distribution

Figure 37: Income Distribution

Income Distribtuion Line

Below the multi-colored line represents the same data for household income in the Fort Wayne, IN 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.

Income Distribution Line

Figure 38: Income Distribution Line

Income Inequality - Moderate

The distribution of Household Income in the Fort Wayne, IN market can be considered Moderate with a Gini coefficient of 0.41. This market ranks 167th in Household Income Inequality across all STI Markets.

Average Household Income by Census Tract

The interquartile range of Average Household Income across the market’s Census Tracts, that is its 25th percentile and 75th percentile values, are $68,318 and $95,432, respectively.

Household Income Thematic

Figure 39: Household Income Thematic

HH Income by Age of Head of Householder

Distribtion Comaprison

Income Distribution Line

Figure 40: Income Distribution Line

HHI Age under 25 - $58,268

With an Average Household Income for those head of householders aged under 25 of $58,268 the Fort Wayne, IN market ranks 65th across STI Markets.

HHI 00to25 Thematic

Figure 41: HHI 00to25 Thematic

HHI Age 25 to 45 - $93,288

With an Average Household Income for those head of householders aged 25 to 45 of $93,288 the Fort Wayne, IN market ranks 107th across STI Markets.

HHI 25to45 Thematic

Figure 42: HHI 25to45 Thematic

HHI Age 45 to 65 - $100,472

With an Average Household Income for those head of householders aged 45 to 65 of $100,472 the Fort Wayne, IN market ranks 113th across STI Markets.

HHI 45to65 Thematic

Figure 43: HHI 45to65 Thematic

HHI Age 65 plus - $69,152

With an Average Household Income for those head of householders aged 65 and over of $69,152 the Fort Wayne, IN market ranks 134th across STI Markets.

HHI 65over Thematic

Figure 44: HHI 65over Thematic

HH Income by Age of Head of Householder

Distribtion Comaprison

Income Distribution Line

Figure 45: Income Distribution Line

HHI White - $90,205

With an Average Household Income for those head of householders Non-Hispanic White of $90,205 the Fort Wayne, IN market ranks 127th across STI Markets.

HHI white Thematic

Figure 46: HHI white Thematic

HHI Black - $61,327

With an Average Household Income for those head of householders identifying as Non-Hispanic Black of $61,327 the Fort Wayne, IN market ranks 127th across STI Markets.

HHI black Thematic

Figure 47: HHI black Thematic

HHI Asian - $92,964

With an Average Household Income for those head of householders identifying as Non-Hispanic Asian of $92,964 the Fort Wayne, IN market ranks 133rd across STI Markets.

HHI asian Thematic

Figure 48: HHI asian Thematic

HHI Other - $81,259

With an Average Household Income for those head of householders identifying as Non-Hispanic Other of $81,259 the Fort Wayne, IN market ranks 107th across STI Markets.

HHI other Thematic

Figure 49: HHI other Thematic

HHI Hispanic - $78,162

With an Average Household Income for those head of householders identifying as Hispanic of $78,162 the Fort Wayne, IN market ranks 118th across STI Markets.

HHI hispanic Thematic

Figure 50: HHI hispanic Thematic

Disposible Income - $70,024

Disposable income is defined here as Household Income after accounting for Federal, State, and Local taxes. The Average Household Disposable Income is $70,024 which ranks 117th across STI Markets.

This is a drop of $17,957, or 20.41%, overall this percentage drop ranks 97th across STI Markets.

Disposible Income VS HH Income

Figure 51: Disposible Income VS HH Income

Purple = 15% decrease, Blue = 25% decrease, Green = 35% decrease, Orange = 45% decrease, Red = 55% decrease

Discretionary Income - $51,560

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 $51,560 which ranks 98th across STI Markets.

This is a drop of $36,421, or 41.4%, overall this percentage drop ranks 135th across STI Markets.

Discretionary Income VS HH Income

Figure 52: Discretionary Income VS HH Income

Purple = 15% decrease, Blue = 25% decrease, Green = 35% decrease, Orange = 45% decrease, Red = 55% decrease