The median income of Franklin County households was $30,375 in 1989. The majority of the households (69.3%) had incomes between $15,000 and $74,999, falling into what some researchers refer to as the "extended middle class." At the extremes, 22.3% (84,731 households) had incomes below $15,000, and 8.4% (31,682 households) had incomes greater than $75,000.
The median income of $30,375 in 1989 is up from a median income of $17,081 in 1979. When adjusted for inflation this represents a real increase of 10.7% since 1979.
Households by Income Level in Franklin County: 1979 - 1989
Income 1979 1989 Less than $5,000 40,289 23,678 $5,000 to $9,999 48,287 28,988 $10,000 to $14,999 51,907 32,065 $15,000 to $24,999 89,674 69,357 $25,000 to $34,999 52,998 64,051 $35,000 to $49,999 27,879 72,423 $50,000 to $74,999 8,255 56,996 $75,000 to $99,999 * 3,861 18,291 $100,000 to $149,999 8,606 $150,000 or more 4,785 Total Households 323,150 379,240 Median Income $17,081 $30,375
* $75,000 was the highest income level categorized in 1979, therefore, this number represents all households with income of $75,000 or more in 1979.
Source: Census of Population and Housing, U.S. Bureau of the Census
Filename: CD-040