The median household income in Arlington Heights, Illinois, is $118,532. This figure is based on data from 2019-2023, presented in 2023 dollars.
Understanding Household Income in Arlington Heights
When discussing income statistics, the term "average" can sometimes refer to different measures. The U.S. Census Bureau most commonly reports the median household income, which provides a robust picture of economic well-being by identifying the midpoint of income distribution.
- Median Household Income: This measure indicates the income level at which half of the households in Arlington Heights earn more, and half earn less. It is often preferred over the mean (true average) because it is less affected by extremely high or low incomes, offering a more representative view for the majority of households.
Key Income and Poverty Statistics for Arlington Heights
Below is a summary of important income and poverty data for Arlington Heights, covering the period of 2019-2023 and expressed in 2023 dollars:
| Statistic | Value |
|---|---|
| Median household income | $118,532 |
| Per capita income (past 12 months) | $60,871 |
| Persons in poverty, percent | 6.3% |
- Per Capita Income: In addition to household income, the per capita income in Arlington Heights for the same period was $60,871. Per capita income is calculated by dividing the total income of all individuals by the total population, providing insight into the average income per person regardless of household structure.
- Poverty Rate: The percentage of persons living in poverty in Arlington Heights is relatively low at 6.3%, suggesting a generally affluent community.
These statistics offer a comprehensive overview of the economic landscape for residents in Arlington Heights.
