Bellwood, IL Median Household Income By Race

Bellwood, IL median household income diversity

Based on our analysis of the distribution of Bellwood population by race & ethnicity, the population is predominantly Black or African American. This particular racial category constitutes the majority, accounting for 71.20% of the total residents in Bellwood. Notably, the median household income for Black or African American households is $73,012.

Interestingly, despite the Black or African American 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 $73,412. This reveals that, while Black or African Americans may be the most numerous in Bellwood, 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).

In Bellwood, a diversity of median household incomes is evident among households of different races. The Some Other Race households boast the highest median household income at about $73,412. Black or African American households have a median income of approximately $73,012. White households have a median income of approximately $71,397. Two or More Races households have a median income of approximately $54,637. Conversely, Asian households reveal the lowest median income at $34,859. These disparities underscore the varied income distribution within the village of Bellwood.

Bellwood, IL median household income trends across races

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

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

• White: In Bellwood, the median household income for the households where the householder is White increased by $5,427(8.23%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $65,970 in 2011 and $71,397 in 2021.
• Black or African American: In Bellwood, the median household income for the households where the householder is Black or African American decreased by $2,575(3.41%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $75,587 in 2011 and $73,012 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 Bellwood, there was no reported median household income for Asian households in 2011. However, in 2021, the median household income increased to $34,859(2022 inflation-adjusted dollars), marking a significant change.
• Native Hawaiian and Other Pacific Islander: According to the U.S. Census Bureau population data for Bellwood, 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 Bellwood, the median household income for the households where the householder is Some other race increased by $6,042(8.97%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $67,370 in 2011 and $73,412 in 2021.
• Two or more races (multiracial): In Bellwood, there was no reported median household income for multiracial households in 2011. However, in 2021, the median household income increased to $54,637(2022 inflation-adjusted dollars), marking a significant change.
• Above analysis reconfirms that there are 5 race households in Bellwood. 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 $54,637. On the other hand, households where householder is Black or African American experienced a notable decline, with a decrease of $2,575 in median income.

Things to know

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

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 Bellwood have the highest median household income at $73,412.

How does the median household income vary by race in Bellwood, IL?

In Bellwood, the median household income In Bellwood, a diversity of median household incomes is evident among households of different races. The Some Other Race households boast the highest median household income at about $73,412. Black or African American households have a median income of approximately $73,012. White households have a median income of approximately $71,397. Two or More Races households have a median income of approximately $54,637. Conversely, Asian households reveal the lowest median income at $34,859. These disparities underscore the varied income distribution within the village of Bellwood..

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

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 Bellwood exhibit the lowest median household income at $34,859 among the identified racial categories.

What is the median household income for White households in Bellwood, IL?

In Bellwood, the median household income for the households where the householder is White increased by $5,427(8.23%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $65,970 in 2011 and $71,397 in 2021.

What is the median household income for Black or African American households in Bellwood, IL?

In Bellwood, the median household income for the households where the householder is Black or African American decreased by $2,575(3.41%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $75,587 in 2011 and $73,012 in 2021.

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