It differs from the average or mean household income because it includes all people in Mountain Brook and not just the people who earn an income (i.e. This is calculated by dividing the total income of all people in Mountain Brook by the total number of people in Mountain Brook. The per capita income is the average income of all people in Mountain Brook, Alabama. You can purchase the raw data above, which will have the full income tiers with smaller jumps in household income. The actual data is more granular than these brackets, but we've simplified them into bigger categories to make reviewing the data for Mountain Brook, Alabama easier to view. The chart below shows the household income brackets to see which age groups have the highest median income. This lets you see how many households fall into each of the earnings brackets and what percentage that bracket is of the total number of households. We can also look at the household income tiers. Household Income Tiers for Mountain Brook The difference between a median and mean household income is that the median income is the middle point of the set of numbers whereas the mean income is an average of all numbers.īoth metrics are important when looking at the income statistics for Mountain Brook but because the median value doesn't depend on other numbers in the dataset, it doesn't change as much when some of the values are extremely low or extremely high. The difference between a median and an average income
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