Median Household Income by Racial Categories in Cannon County, TN , in 2023 inflation-adjusted dollars
This table presents the median household income across different racial categories in Cannon 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 | $58,643 |
| Black or African American | $36,113 |
| Two or More Races | $72,000 |
TABLE OF CONTENTS
Cannon County, TN median household income diversity
Based on our analysis of the distribution of Cannon County population by race & ethnicity, the population is predominantly White. This particular racial category constitutes the majority, accounting for 94.11% of the total residents in Cannon County. Notably, the median household income for White households is $58,643.
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 $72,000. This reveals that, while Whites may be the most numerous in Cannon County, 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 2023 inflation using the Consumer Price Index retroactive series (R-CPI-U-RS).
As we explore median household incomes in Cannon County, we observe that Two or More Races households report a median income of about $72,000, White households report a median income of about $58,643 and Black or African American households earn roughly $36,113. These differences shed light on the income distribution within the county of Cannon County.
Cannon County, TN median household income trends across races
A decade typically encompasses substantial economic changes. To conduct a comprehensive analysis of these changes in Cannon County, we have analysed how these changes have unfolded among the racial categories identified by the U.S. Census Bureau for the county of Cannon County.
Key stats for each racial category as per our analysis of U.S. Census Bureau American Community Survey:
- White: In Cannon County, the median household income for the households where the householder is White increased by $4,828(8.97%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $53,815 in 2013 and $58,643 in 2023.
- Black or African American: In Cannon County, the median household income for the households where the householder is Black or African American decreased by $11,510(24.17%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $47,623 in 2013 and $36,113 in 2023.
- American Indian and Alaska Native: In Cannon County, the median household income for American Indian and Alaska Native households was $25,571 in 2013(2023 inflation-adjusted dollars). However there is no reported data for 2023, indicating a lack of information for this specific year.
- Asian: In Cannon County, 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: Even though there is a population where the householder is Native Hawaiian and Other Pacific Islander, there was no median household income reported by the U.S. Census Bureau for both 2013 and 2023.
- 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 2013 and 2023.
- Two or more races (multiracial): In Cannon County, the median household income for the households where the householder is multiracial increased by $15,121(26.58%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $56,879 in 2013 and $72,000 in 2023.
- Above analysis reconfirms that there are 3 race households in Cannon County. Households are categorized based on the self-identified race of the head of household.
Cannon County median household income by race betwen 2013 and 2023
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 2013 to 2023, 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 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| White | $53,795 | $50,192 | $55,247 | $53,815 | $51,780 | $54,200 | $55,368 | $59,259 | $59,962 | $66,789 | $63,001 | $63,684 | $60,143 | $58,643 |
| Black or African American | $64,979 | $42,015 | $46,010 | $47,623 | $48,781 | $48,535 | $50,145 | N/A | $57,568 | $58,285 | $82,782 | N/A | N/A | $36,113 |
| American Indian and Alaska Native | $66,910 | N/A | $55,846 | $25,571 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Two or More Races | $57,102 | N/A | $57,050 | $56,879 | $55,458 | N/A | $63,222 | $61,104 | $61,907 | $61,211 | $56,782 | $37,313 | $60,155 | $72,000 |
Things to know
Which racial group has the highest median household income according to the Census Bureau in Cannon County, TN?
Among the racial categories identified by the U.S. Census Bureau, and the American Community Survey 2019-2023 5-Year Estimates, households with Two or More Races householders in Cannon County have the highest median household income at $72,000.
How does the median household income vary by race in Cannon County, TN?
In Cannon County, the median household income As we explore median household incomes in Cannon County, we observe that Two or More Races households report a median income of about $72,000, White households report a median income of about $58,643 and Black or African American households earn roughly $36,113. These differences shed light on the income distribution within the county of Cannon County..
Which racial group has the lowest median household income according to the Census Bureau in Cannon County, TN?
Of the racial categories outlined by the U.S. Census Bureau and the American Community Survey 2019-2023 5-Year Estimates, households headed by individuals identifying as Black or African American in Cannon County exhibit the lowest median household income at $36,113 among the identified racial categories.
What is the median household income for White households in Cannon County, TN?
In Cannon County, the median household income for the households where the householder is White increased by $4,828(8.97%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $53,815 in 2013 and $58,643 in 2023.
What is the median household income for Black or African American households in Cannon County, TN?
In Cannon County, the median household income for the households where the householder is Black or African American decreased by $11,510(24.17%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $47,623 in 2013 and $36,113 in 2023.
References
- U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates
- Consumer Price Index retroactive series using current methods (R-CPI-U-RS)
