The poverty rate in St. Charles, Illinois, is 4.32%.
St. Charles, IL: A Snapshot of Demographics
St. Charles, a vibrant community in Illinois, exhibits a relatively low poverty rate compared to national averages. This figure provides insight into the economic well-being of its residents.
Key Demographic Statistics
To provide a broader understanding of the economic and social landscape of St. Charles, IL, here are some key demographic statistics:
| Statistic | Value |
|---|---|
| Poverty Rate | 4.32% |
| Average Household Income | $143,928 |
| Median Age | 41.8 years |
| Median Age (Males) | 41.3 years |
| Median Age (Females) | 42.6 years |
These figures highlight St. Charles as an area with a strong economic foundation and a mature population. The average household income is notably high, contributing to the lower poverty rate.
Understanding Poverty Rates
Poverty rates are crucial indicators of a community's economic health. A lower poverty rate generally suggests:
- Strong Employment: A robust job market with ample opportunities.
- Higher Incomes: Residents earning wages that sufficiently cover living expenses.
- Access to Resources: Better access to education, healthcare, and social services that support financial stability.
For more detailed demographic insights into St. Charles, Illinois, and its population trends, you can explore resources like World Population Review.
