Median Household Income by Racial Categories in Alger County, MI (2021, in 2022 inflation-adjusted dollars)
This table presents the median household income across different racial categories in Alger County, based on the latest 5-Year estimates from the American Community Survey, when adjusted for the inflation.
Race Of The Head Of Household | Median Household Income |
---|---|
White | $52,952 |
Some Other Race | $79,868 |
Two or More Races | $48,255 |
TABLE OF CONTENTS
Alger County, MI median household income diversity
Based on our analysis of the distribution of Alger County population by race & ethnicity, the population is predominantly White. This particular racial category constitutes the majority, accounting for 83.32% of the total residents in Alger County. Notably, the median household income for White households is $52,952.
Interestingly, despite the White population being the most populous, it is worth noting that Some Other Race households actually reports the highest median household income, with a median income of $79,868. This reveals that, while Whites may be the most numerous in Alger County, Some Other Race 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).
As we explore median household incomes in Alger County, we observe that Some Other Race households report a median income of about $79,868, White households report a median income of about $52,952 and Two or More Races households earn roughly $48,255. These differences shed light on the income distribution within the county of Alger County.
Alger County, MI median household income trends across races
A decade typically encompasses substantial economic changes. To conduct a comprehensive analysis of these changes in Alger County, we have analysed how these changes have unfolded among the racial categories identified by the U.S. Census Bureau for the county of Alger County.
Key stats for each racial category as per our analysis of U.S. Census Bureau American Community Survey:
- White: In Alger County, the median household income for the households where the householder is White increased by $2,966(5.93%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $49,986 in 2011 and $52,952 in 2021.
- Black or African American: Even though there is a population where the householder is Black or African American, there was no median household income reported by the U.S. Census Bureau for both 2011 and 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 Alger County, the median household income for Asian households was $34,324 in 2011(2022 inflation-adjusted dollars). However there is no reported data for 2021, indicating a lack of information for this specific year.
- Native Hawaiian and Other Pacific Islander: According to the U.S. Census Bureau population data for Alger County, 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: In Alger County, there was no reported median household income for Some other race households in 2011. However, in 2021, the median household income increased to $79,868(2022 inflation-adjusted dollars), marking a significant change.
- Two or more races (multiracial): In Alger County, there was no reported median household income for multiracial households in 2011. However, in 2021, the median household income increased to $48,255(2022 inflation-adjusted dollars), marking a significant change.
- Above analysis reconfirms that there are 3 race households in Alger County. Households are categorized based on the self-identified race of the head of household.
Alger County median household income by race betwen 2011 and 2021
Explore the evolution of median household incomes over the past decade across various racial categories identified by the U.S. Census Bureau. This table showcases the annual income trends, from 2011 to 2021, providing insights into the economic shifts within diverse racial communities.
Race Of The Head Of Household | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
White | $51,575 | $49,986 | $48,677 | $47,268 | $48,382 | $48,134 | $49,812 | $53,410 | $54,486 | $52,313 | $51,235 | $52,952 | N/A |
American Indian and Alaska Native | $51,722 | N/A | $44,085 | $43,934 | $30,680 | $44,652 | $32,523 | $27,321 | $25,427 | $40,188 | N/A | N/A | N/A |
Asian | $32,045 | $34,324 | $33,621 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Some Other Race | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $79,868 | N/A |
Two or More Races | $53,971 | N/A | $72,978 | $54,253 | $57,742 | $72,267 | $92,148 | $48,237 | $48,224 | $67,458 | $47,976 | $48,255 | N/A |
Key observations: Households with Some other race householders witnessed significant growth in median household income, marking an impressive increase of $79,868. On the other hand, households where householder is Asian experienced a notable decline, with a decrease of $34,324 in median income.
Things to know
Which racial group has the highest median household income according to the Census Bureau in Alger County, MI?
Among the racial categories identified by the U.S. Census Bureau, and the American Community Survey 2017-2021 5-Year Estimates, households with Some Other Race householders in Alger County have the highest median household income at $79,868.
How does the median household income vary by race in Alger County, MI?
In Alger County, the median household income As we explore median household incomes in Alger County, we observe that Some Other Race households report a median income of about $79,868, White households report a median income of about $52,952 and Two or More Races households earn roughly $48,255. These differences shed light on the income distribution within the county of Alger County..
Which racial group has the lowest median household income according to the Census Bureau in Alger County, MI?
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 Two or More Races in Alger County exhibit the lowest median household income at $48,255 among the identified racial categories.
What is the median household income for White households in Alger County, MI?
In Alger County, the median household income for the households where the householder is White increased by $2,966(5.93%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $49,986 in 2011 and $52,952 in 2021.
What is the median household income for Black or African American households in Alger County, MI?
Even though there is a population where the householder is Black or African American, there was no median household income reported by the U.S. Census Bureau for both 2011 and 2021.
References
- U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates
- Consumer Price Index retroactive series using current methods (R-CPI-U-RS)