The income at which one-half of North Carolina households earn more or less.
Price inflation causes the value of a dollar to fall over time, and so the same dollar amount in two different years will usually represent different amounts of purchasing power. To counteract this problem, analysts typically adjust dollar figures to account for inflation using the following formula:
Dollars data year = Dollars base year x Price Index data year / Price Index base year
Consumer Price Index Consumer Price Index data are available U.S. Department of Labor, Bureau of Labor Statistics.
U.S.Census Bureau, Small Area Income and Poverty Estimates (SAIPE).
Last updated May 2018.