Lac du Flambeau has been identified as the poorest town in Wisconsin based on typical household income.
According to a list compiled by The Childfree Guide to Money w/ Dr. Jay Zigmont #920, Lac du Flambeau stands out for its significantly lower household incomes compared to state and national averages. The typical household incomes in communities designated as "poorest" on this list range from $9,100 to $43,800. This figure is well below the $69,000 or more that most American households earn annually, highlighting a substantial economic disparity.
Understanding the Designation
The identification of Lac du Flambeau as the poorest town is based on an analysis of household income data. This metric provides a crucial insight into the economic well-being and financial challenges faced by a community.
- Key Indicator: Household income is a primary measure used to assess the economic prosperity and standard of living within a geographical area. Lower incomes often correlate with higher rates of poverty and limited access to resources.
- Source of Data: The specific designation for Lac du Flambeau originates from a particular study focused on identifying towns with the lowest economic resources, based on available income data.
- Income Disparity: The reported income figures for such communities illustrate a significant economic gap when compared to the broader economic landscape of the United States, underscoring areas where residents may struggle with financial stability.
The table below summarizes the income ranges referenced in this context:
| Location Category | Typical Household Income Range |
|---|---|
| Poorest Towns (per list) | $9,100 - $43,800 |
| Most American Households | $69,000+ |
For more information regarding Wisconsin's poorest town, you can refer to insights provided on iHeart.com.
