Page 27 - CityofColleyvilleFY23AdoptedBudget

Economic Analysis

Household income is a key data point in evaluating a community ’s weal th and
spending power. Pay levels and earnings typically var y by geographic regions and
should be looked at in context of the overall cost of living.

H O U S E H O L D I N C O M E

Above $200,000
49%

O v e r $ 2 0 0 , 0 0 0
365%
higher than state average

Median Income
A196,298
$ 1 5 0 , 0 0 0 t o $ 2 0 0 , 0 0 0

$ 1 2 5 , 0 0 0 t o $ 1 5 0 , 0 0 0 169%
higher than state average
$ 1 0 0 , 0 0 0 t o $ 1 2 5 , 0 0 0
Below $25,000
$ 7 5 , 0 0 0 t o $ 1 0 0 , 0 0 0
4%
$ 5 0 , 0 0 0 t o $ 7 5 , 0 0 0
$ 2 5 , 0 0 0 t o $ 5 0 , 0 0 0
76%
B e l o w $ 2 5 , 0 0 0
lower than state average

* Data Source: American Community Sur vey 5-year estimates

City of Colleyville | Budget Book 2023 Page 27