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Ris ing Income Level
Seen in County
A larger proportion of families in Rappahannock County is to be found today in the middle and upper income brackets than ever before.
The income gains achieved in recent years have carried many of them tto new and higher levels.
Families who had been in the $5,000 to $8,000 bracket have moved into the $8,000 to $10,000 category. Their former position has been occupied, in turn, by families who had been in the $3,000 to $5,000 group.
The facts and figures are brought out in a copyrighted study, made by Sales Management, to determine the makeup of each community in terms of income levels. Every section of the country is covered in the breakdown.
What was sought was a better financial picture of each area than was possible through the “average income” figure that is usually given.
Is that average made up of a small proportion of families with big incomes counterbalancing a much larger proportion with low incomes, or are earnings more evenly divided?
In Rappahannock County, it is shown, no less than 39.3 percent of the households had disposable cash incomes of $5,000 or more last year after payment of their income taxes.
90.0%