Cromwell, Connecticut Median Household Income By Race

Cromwell, Connecticut median household income diversity

Based on our analysis of the distribution of Cromwell town population by race & ethnicity, the population is predominantly White. This particular racial category constitutes the majority, accounting for 82.99% of the total residents in Cromwell town. Notably, the median household income for White households is $107,990.

Interestingly, despite the White population being the most populous, it is worth noting that Two or More Races households actually reports the highest median household income, with a median income of $119,768. This reveals that, while Whites may be the most numerous in Cromwell town, Two or More Races households experience greater economic prosperity in terms of median household income.

For a better visual representation of these income disparities, take a look at the bar chart below. It illustrates the varying median household incomes across races, providing a clear comparison for each of the racial categories defined by the U.S. Census Bureau. All incomes have been adjusted for 2022 inflation using the Consumer Price Index retroactive series (R-CPI-U-RS).

In Cromwell town, a diversity of median household incomes is evident among households of different races. The Two or More Races households boast the highest median household income at about $119,768. White households have a median income of approximately $107,990. Black or African American households have a median income of approximately $82,223. Conversely, Asian households reveal the lowest median income at $48,572. These disparities underscore the varied income distribution within the town of Cromwell town.

Cromwell, Connecticut median household income trends across races

A decade typically encompasses substantial economic changes. To conduct a comprehensive analysis of these changes in Cromwell town, we have analysed how these changes have unfolded among the racial categories identified by the U.S. Census Bureau for the town of Cromwell town.

Key stats for each racial category as per our analysis of U.S. Census Bureau American Community Survey:

• White: In Cromwell town, the median household income for the households where the householder is White increased by $2,496(2.37%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $105,494 in 2011 and $107,990 in 2021.
• Black or African American: In Cromwell town, the median household income for the households where the householder is Black or African American decreased by $8,457(9.33%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $90,680 in 2011 and $82,223 in 2021.
• American Indian and Alaska Native: Even though there is a population where the householder is American Indian and Alaska Native, there was no median household income reported by the U.S. Census Bureau for both 2011 and 2021.
• Asian: In Cromwell town, the median household income for the households where the householder is Asian decreased by $87,743(64.37%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $136,315 in 2011 and $48,572 in 2021.
• Native Hawaiian and Other Pacific Islander: According to the U.S. Census Bureau population data for Cromwell town, there are no households with Native Hawaiian and Other Pacific Islander householders. Consequently, the median household income for the Native Hawaiian and Other Pacific Islander population is not available.
• Some other race: Even though there is a population where the householder is Some other race, there was no median household income reported by the U.S. Census Bureau for both 2011 and 2021.
• Two or more races (multiracial): In Cromwell town, there was no reported median household income for multiracial households in 2011. However, in 2021, the median household income increased to $119,768(2022 inflation-adjusted dollars), marking a significant change.
• Above analysis reconfirms that there are 4 race households in Cromwell town. Households are categorized based on the self-identified race of the head of household.

Key observations: Households with multiracial householders witnessed significant growth in median household income, marking an impressive increase of $119,768. On the other hand, households where householder is Asian experienced a notable decline, with a decrease of $87,743 in median income.

Things to know

Which racial group has the highest median household income according to the Census Bureau in Cromwell, Connecticut?

Among the racial categories identified by the U.S. Census Bureau, and the American Community Survey 2017-2021 5-Year Estimates, households with Two or More Races householders in Cromwell town have the highest median household income at $119,768.

How does the median household income vary by race in Cromwell, Connecticut?

In Cromwell town, the median household income In Cromwell town, a diversity of median household incomes is evident among households of different races. The Two or More Races households boast the highest median household income at about $119,768. White households have a median income of approximately $107,990. Black or African American households have a median income of approximately $82,223. Conversely, Asian households reveal the lowest median income at $48,572. These disparities underscore the varied income distribution within the town of Cromwell town..

Which racial group has the lowest median household income according to the Census Bureau in Cromwell, Connecticut?

Of the racial categories outlined by the U.S. Census Bureau and the American Community Survey 2017-2021 5-Year Estimates, households headed by individuals identifying as Asian in Cromwell town exhibit the lowest median household income at $48,572 among the identified racial categories.

What is the median household income for White households in Cromwell, Connecticut?

In Cromwell town, the median household income for the households where the householder is White increased by $2,496(2.37%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $105,494 in 2011 and $107,990 in 2021.

What is the median household income for Black or African American households in Cromwell, Connecticut?

In Cromwell town, the median household income for the households where the householder is Black or African American decreased by $8,457(9.33%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $90,680 in 2011 and $82,223 in 2021.

References