Markham Average Income, Population and Demographics
Are you tired of spending 10+ hours searching for demographic and population data for Markham, Illinois? We have all of the data you need by state, county, city, and zip code that will save you many hours of research!
In this article, we'll explore most of the 190+ data points we have for Markham, covering popular demographics statistics like household income, race, age and gender, educational attainment, poverty, housing, and transportation.
The data on this page is from the 2022 American Community Survey (ACS) 5-Year survey from the US Census Bureau.
Median Household Income
According to the latest ACS 5-year survey in 2022, the median household income in Markham is $47,955.00.
The chart below shows the average household income by age in Markham.
Average Household Income
A very commonly asked question is "what is the average household income in Markham, Illinois?". The official term for the average household income is the mean household income. The mean household income is the total income of all households divided by the number of households.
The average (or mean) household income in Markham is $68,091.00.
2.84% of households in Markham, Illinois are classed as high income households (making $200,000+ per year).
The difference between a median and an average income
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.
Both metrics are important when looking at the income statistics for Markham 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.
Household Income Tiers for Markham
We can also look at the household income tiers. 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.
The chart below shows the household income brackets to see which age groups have the highest median income. The actual data is more granular than these brackets, but we've simplified them into bigger categories to make reviewing the data for Markham, Illinois easier to view.
You can purchase the raw data above, which will have the full income tiers with smaller jumps in household income.
Per Capita Income
The per capita income is the average income of all people in Markham, Illinois. This is calculated by dividing the total income of all people in Markham by the total number of people in Markham.
It differs from the average or mean household income because it includes all people in Markham and not just the people who earn an income (i.e. children, retirees, unemployed, etc.).
The per capita income in Markham, Illinois is $22,794.00.
Population in Markham by Race and Ethnicity
The total population in Markham is currently 11,592 people.
The race and ethnicity of the population in Markham can be very important for social research, economics, and marketing to a multi-culturial society.
Whether you want to target products or services to a particular race or ethnicity, or provide housing and new businesses to improve areas with a larger ethnic minority population, this data is very valuable for discovering suitable areas.
The chart below breaks down the population and percentage for each race and ethnicity in Markham, Illinois.
Population of Markham by Age and Gender
Another very important demographics statistic for Markham, Illinois is the age and gender of the population. The age and gender of the population can be used to track trends in population growth or decline, and for businesses, the data can be used to identify people important to you and your business need.
In the table below, we show age groups at a 10 year granularity for ease of use. The raw data, which can be purchased above, includes age and gender at a 5 year granularity.
Education Levels
Educational attainment is a very useful statistic that can give insights into other data such as the average household income, unemployment levels, and literacy.
What this means is that it is likely for areas that have higher levels of education to have higher average household incomes, lower unemployment rates, and higher literacy rates.
The chart below shows the educational attainment of the population in Markham, Illinois.
Unemployment Rates
The unemployment rate is the percentage of the population that is actively looking for work but is unable to find a job. The unemployment rate is a very important statistic for Markham because it can show how many people are actively looking for work and how many people are unable to find a job.
Lower levels of unemployment is generally seen as a positive sign for the economy. It also makes the government in Markham look good because it shows that they are doing a good job of creating jobs, working to capacity, being efficient, and keeping the economy strong.
The unemployment rate is calculated using the total population in Markham, Illinois that are over the age of 16.
The current population in Markham that are over the age of 16 is 8,338 people.
The unemployment rate in Markham is 14.00%, which means 690 people are unemployed.
Median Age in Markham
The median age is an interesting metric because it gives us an idea of the age distribution of people in Markham, Illinois. You know when you see a median age that it is the age where half of the population is older and half is younger than it.
For demographic studies, this can be used to infer and compare date to things such as birth rates, the age of parents, and so on.
An increasing median age can be a sign of an aging population, which can be a sign of a declining population. This is because older people tend to have fewer children and die more often than younger people.
The median age in Markham is 33.2 years old.
We can also look at the median age by gender to compare the see how each group compares to the total median age:
Median age by gender in Markham
33.2
Total
27.2
Male
36.7
Female
Households and Families
There are a total of 3,703 households in Markham, and the average household size is 3.12 people.
For families, the total number is 2,610, and the average family size is 3.81 people.
23.00% of those families in Markham, Illinois are living below the poverty line.
The table below shows the poverty thresholds for Markham in .
Please note that the poverty thresholds shown above are from , while the latest demographics data we have is from 2022.
Households and Families by Marital Status
There are four types of household and family, as defined by the Census Bureau:
- Married-couple
- Male householder, no spouse present
- Female householder, no spouse present
- Nonfamily household
In the table below, you can see the total households and families in Markham, Illinois for each type, as well as the average sizes.
Housing Data in Markham
There are total of 4,170 housing units in Markham, Illinois. Of those units, 3,703 (88.80%) are occupied, and 467 (11.20%) are vacant.
Rental Rates
Of the 4,170 housing units in Markham, 1,149 (27.55%) are occupied by renters. The median rent paid by renters is $1,595.00.
Owner occupied housing units make up the remaining 60.77% of housing units, with 2,534 housing units in total.
The table below breaks down how much rent is paid by renters in Markham, Illinois.
Property Values
The median value of a property in Markham is $101,700.00.
The table below breaks down the range of valuations for all properties in Markham.
Property Age
We can also look at the number of properties built in a given year to see the spread of property age in Markham, Illinois.
Vehicles Available per Household
Finally, we have data on how many vehicles each household in Markham has. The table below breaks down the number of vehicles available per household.
Commuting to Work in Markham
The time and means of commuting to work are useful metrics to look at because they can be correlated against other data such as income and education level.
Does a longer commuting time indicate a higher average income? If so, has the huge increase in home working during the pandemic changed this?
Using these metrics, we can get a better understanding of the demographics of Markham, Illinois, how they commute, and how that correlates to other data points.
The average travel time is 33.7 minutes, and the chart below covers the range of travel times across the population of Markham.
We can also look at the means of transport in Markham to see which modes of transport people are using to commute to work.
Conclusion
Hopefully this article has given you the demographics data you were looking for in Markham, Illinois.
If you need more demographics data, or you need the data listed above in spreadsheet form with more granular grouping, head back to the top of this page where you can purchase the complete demographics data for Markham.
Link To or Reference This Page
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"Markham Average Income, Population and Demographics". NameCensus.com. Accessed on May 21, 2024. https://namecensus.com/demographics/illinois/morgan-county/markham/.
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"Markham Average Income, Population and Demographics". NameCensus.com, https://namecensus.com/demographics/illinois/morgan-county/markham/. Accessed 21 May, 2024
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