Guam’s Per Capita Income and average income for persons with income increased from 2005 to 2008, but the average Household Income declined due to smaller household sizes and fewer income earner’s per household on average.

Guam’s average (mean) Household Income for calendar year 2008 was $45,786, a decrease of $1,276 or 2.7 percent from calendar year 2005, which was $47,062. Household size decreased from 3.9 persons per household in 2005 to 3.5 in 2008.

Per Capita Income for 2008 is $13,089, an increase of $321 or 2.5 percent from calendar year 2005. Household and Per Capita Income statistics include the total non-institutional civilian population. Whereas, the mean (average) earners incomes are those that are 16 years of age and over, excluding those who have no income. The mean (average) Earner’s Income for 2008 was $25,479, which is $2,854, or 12.6 percent above calendar year 2005 income of $22,625.

 

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