The median income figures in Durham, NH, offer a detailed look at the financial landscape for households and families. It's important to note that the data available typically refers to "median" income, which represents the middle value in a set of incomes, where half earn more and half earn less. This differs from the "average" (mean) income, which is calculated by summing all incomes and dividing by the number of incomes, and can be skewed by extremely high or low earners.
Key Income Statistics for Durham, NH
Below is a breakdown of the median income and earnings data for Durham, NH:
| Income Category | Amount |
|---|---|
| Median Family Income | $158,571 |
| Median Household Income | $98,190 |
| Median Earnings (Full-time, Year-round Workers) | |
| Male | $111,958 |
| Female | $57,287 |
These figures highlight different aspects of income within the community:
- Median Household Income reflects the income of all occupied housing units, including single-person households and unrelated individuals.
- Median Family Income specifically looks at income for households that consist of two or more people related by birth, marriage, or adoption. This figure is often higher than household income as it typically represents multiple earners or more established households.
- Median Earnings for Full-time, Year-round Workers provides a clearer picture of individual earning power, distinguishing between male and female workers.
Understanding these different median income metrics helps to paint a comprehensive picture of the economic well-being and earning potential within Durham, NH.
