Buena Vista charter Township, Michigan median household income diversity
Based on our analysis of the distribution of Buena Vista charter township population by race & ethnicity, the population is predominantly Black or African American. This particular racial category constitutes the majority, accounting for 60.80% of the total residents in Buena Vista charter township. Notably, the median household income for Black or African American households is $39,891.
Interestingly, despite the Black or African American population being the most populous, it is worth noting that White households actually reports the highest median household income, with a median income of $58,961. This reveals that, while Black or African Americans may be the most numerous in Buena Vista charter township, White 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 Buena Vista charter township, we observe that White households report a median income of about $58,961, Some Other Race households report a median income of about $58,099 and Black or African American households earn roughly $39,891. These differences shed light on the income distribution within the township of Buena Vista charter township.
Buena Vista charter Township, Michigan median household income trends across races
A decade typically encompasses substantial economic changes. To conduct a comprehensive analysis of these changes in Buena Vista charter township, we have analysed how these changes have unfolded among the racial categories identified by the U.S. Census Bureau for the township of Buena Vista charter township.
Key stats for each racial category as per our analysis of U.S. Census Bureau American Community Survey:
- White: In Buena Vista charter township, the median household income for the households where the householder is White increased by $9,566(19.37%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $49,395 in 2011 and $58,961 in 2021.
- Black or African American: In Buena Vista charter township, the median household income for the households where the householder is Black or African American increased by $3,011(8.16%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $36,880 in 2011 and $39,891 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 Buena Vista charter township, based on U.S. Census Bureau population data, households with Asian householders are non existent. Therefore, the median household income for the Asian population cannot be determined.
- Native Hawaiian and Other Pacific Islander: According to the U.S. Census Bureau population data for Buena Vista charter township, 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 Buena Vista charter township, the median household income for the households where the householder is Some other race decreased by $18,480(24.13%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $76,579 in 2011 and $58,099 in 2021.
- Two or more races (multiracial): Even though there is a population where the householder is multiracial, there was no median household income reported by the U.S. Census Bureau for both 2011 and 2021.
- Above analysis reconfirms that there are 3 race households in Buena Vista charter township. Households are categorized based on the self-identified race of the head of household.
Buena Vista charter township 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 | $39,944 | $49,395 | $39,825 | $36,541 | $44,509 | $44,357 | $35,928 | $50,150 | $53,626 | $54,569 | $58,361 | $58,961 | N/A |
| Black or African American | $40,080 | $36,880 | $37,055 | $27,829 | $24,706 | $25,850 | $32,950 | $32,357 | $33,828 | $37,476 | $40,968 | $39,891 | N/A |
| Some Other Race | $76,319 | $76,579 | $74,675 | $74,125 | N/A | N/A | $25,566 | $45,958 | $44,674 | N/A | $27,909 | $58,099 | N/A |
| Two or More Races | $27,792 | N/A | $25,921 | N/A | N/A | $3,096 | $3,056 | N/A | N/A | N/A | N/A | N/A | N/A |
Key observations: Households with White householders witnessed significant growth in median household income, marking an impressive increase of $9,566. On the other hand, households where householder is Some other race experienced a notable decline, with a decrease of $18,480 in median income.