Photo by Macau Photo Agency on Unsplash

Is Income Correlated to the Chances of Catching the Coronavirus?

While less-refined nationwide data suggests there is no correlation between income and the chances of catching the coronavirus, an analysis of more precise data from New York City indicates otherwise.

Despite all that we now know about the novel coronavirus, there is still so much to learn about this deadly disease.

Nationwide Data

To see if there was a correlation nationwide, we took the 1,808 U.S. counties that have a population of 20,000 or more and overlayed each one’s median household income (HH Income) with both its number of coronavirus cases and deaths as of April 30, 2020.

New York City Data

The NYC Department of Health has been releasing coronavirus testing data daily on Github that is broken down by ZIP Code, which allowed us to compare it to median household income data by NYC ZIP Code.

Methodology

To see if there was a correlation nationwide, we took the 1,808 U.S. counties, parishes, census areas, or independent cities that have a population of 20,000 or more according to the most updated population estimates from the U.S. Census Bureau and GreatData. LendEDU licenses the data from GreatData, which comes from the most recent U.S. Census Bureau update but GreatData will also calculate its own projections based on historical trends to provide the most up-to-date data. Most counties had multiple ZIP Codes, in which case we simply summed together the ZIP Code population projections to get the entire county population.

With the help of LendEDU’s blog, tools, and resources, our goal is to assist you in making educated financial decisions. LendEDU: Educated Financial Decisions.