Median Household Income by Racial Categories in Castle Rock, CO , in 2023 inflation-adjusted dollars
This table presents the median household income across different racial categories in Castle Rock, 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 | $144,669 |
| Black or African American | $127,786 |
| Asian | $132,247 |
| Two or More Races | $155,508 |
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Castle Rock, CO median household income diversity
Based on our analysis of the distribution of Castle Rock population by race & ethnicity, the population is predominantly White. This particular racial category constitutes the majority, accounting for 83.53% of the total residents in Castle Rock. Notably, the median household income for White households is $144,669.
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 $155,508. This reveals that, while Whites may be the most numerous in Castle Rock, 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).
In Castle Rock, 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 $155,508. White households have a median income of approximately $144,669. Asian households have a median income of approximately $132,247. Conversly, Black or African American households reveal the lowest median income at $127,786. These disparities underscore the varied income distribution within the town of Castle Rock.
Castle Rock, CO median household income trends across races
A decade typically encompasses substantial economic changes. To conduct a comprehensive analysis of these changes in Castle Rock, we have analysed how these changes have unfolded among the racial categories identified by the U.S. Census Bureau for the town of Castle Rock.
Key stats for each racial category as per our analysis of U.S. Census Bureau American Community Survey:
- White: In Castle Rock, the median household income for the households where the householder is White increased by $30,388(26.59%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $114,281 in 2013 and $144,669 in 2023.
- Black or African American: In Castle Rock, the median household income for the households where the householder is Black or African American increased by $95,461(295.32%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $32,325 in 2013 and $127,786 in 2023.
- American Indian and Alaska Native: In Castle Rock, the median household income for American Indian and Alaska Native households was $50,655 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 Castle Rock, the median household income for the households where the householder is Asian decreased by $19,179(12.67%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $151,426 in 2013 and $132,247 in 2023.
- 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: In Castle Rock, the median household income for Some other race households was $90,665 in 2013(2023 inflation-adjusted dollars). However there is no reported data for 2023, indicating a lack of information for this specific year.
- Two or more races (multiracial): In Castle Rock, the median household income for the households where the householder is multiracial increased by $51,093(48.93%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $104,415 in 2013 and $155,508 in 2023.
- Above analysis reconfirms that there are 4 race households in Castle Rock. Households are categorized based on the self-identified race of the head of household.
Castle Rock 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 | $120,249 | $115,968 | $113,248 | $114,281 | $112,003 | $114,250 | $119,450 | $125,321 | $126,001 | $130,435 | $132,591 | $136,495 | $141,777 | $144,669 |
| Black or African American | $114,538 | $113,297 | $63,025 | $32,325 | $73,899 | N/A | $113,334 | $117,620 | $116,077 | $112,086 | $113,477 | $118,359 | $128,153 | $127,786 |
| American Indian and Alaska Native | $129,440 | N/A | $46,193 | $50,655 | $50,719 | $123,740 | N/A | N/A | $166,489 | $160,732 | $157,533 | $130,406 | $130,666 | N/A |
| Asian | $200,468 | $228,220 | $177,592 | $151,426 | $139,373 | $105,400 | $140,353 | $153,051 | $142,270 | $153,931 | $141,165 | $135,160 | $131,982 | $132,247 |
| Native Hawaiian and Other Pacific Islander | $3,511 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Some Other Race | $48,486 | $48,771 | $90,491 | $90,665 | $92,120 | $92,970 | $92,143 | $134,543 | $147,151 | $131,188 | $129,746 | N/A | $38,520 | N/A |
| Two or More Races | $120,330 | N/A | $116,797 | $104,415 | $126,357 | $138,483 | $130,052 | $137,865 | $166,901 | $165,506 | $161,518 | $159,670 | $167,356 | $155,508 |
Things to know
Which racial group has the highest median household income according to the Census Bureau in Castle Rock, CO?
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 Castle Rock have the highest median household income at $155,508.
How does the median household income vary by race in Castle Rock, CO?
In Castle Rock, the median household income In Castle Rock, 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 $155,508. White households have a median income of approximately $144,669. Asian households have a median income of approximately $132,247. Conversly, Black or African American households reveal the lowest median income at $127,786. These disparities underscore the varied income distribution within the town of Castle Rock..
Which racial group has the lowest median household income according to the Census Bureau in Castle Rock, CO?
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 Castle Rock exhibit the lowest median household income at $127,786 among the identified racial categories.
What is the median household income for White households in Castle Rock, CO?
In Castle Rock, the median household income for the households where the householder is White increased by $30,388(26.59%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $114,281 in 2013 and $144,669 in 2023.
What is the median household income for Black or African American households in Castle Rock, CO?
In Castle Rock, the median household income for the households where the householder is Black or African American increased by $95,461(295.32%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $32,325 in 2013 and $127,786 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)
