Charles County, MD Median Household Income By Race

Charles County, MD median household income diversity

Based on our analysis of the distribution of Charles County population by race & ethnicity, the population is predominantly Black or African American. This particular racial category constitutes the majority, accounting for 49.22% of the total residents in Charles County. Notably, the median household income for Black or African American households is $121,396.

Interestingly, despite the Black or African American population being the most populous, it is worth noting that Asian households actually reports the highest median household income, with a median income of $134,821. This reveals that, while Black or African Americans may be the most numerous in Charles County, Asian 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 Charles County, a diversity of median household incomes is evident among households of different races. The Asian households boast the highest median household income at about $134,821. Two or More Races households have a median income of approximately $123,170. Black or African American households have a median income of approximately $121,396. White households have a median income of approximately $118,014. Some Other Race households have a median income of approximately $114,891. Conversly, American Indian and Alaska Native households reveal the lowest median income at $84,063. These disparities underscore the varied income distribution within the county of Charles County.

Charles County, MD median household income trends across races

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

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

• White: In Charles County, the median household income for the households where the householder is White decreased by $8,143(6.45%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $126,157 in 2013 and $118,014 in 2023.
• Black or African American: In Charles County, the median household income for the households where the householder is Black or African American increased by $2,567(2.16%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $118,829 in 2013 and $121,396 in 2023.
• American Indian and Alaska Native: In Charles County, the median household income for the households where the householder is American Indian and Alaska Native decreased by $21,529(20.39%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $105,592 in 2013 and $84,063 in 2023.
• Asian: In Charles County, the median household income for the households where the householder is Asian increased by $24,024(21.68%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $110,797 in 2013 and $134,821 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 Charles County, the median household income for the households where the householder is Some other race decreased by $22,724(16.51%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $137,615 in 2013 and $114,891 in 2023.
• Two or more races (multiracial): In Charles County, the median household income for the households where the householder is multiracial increased by $35,882(41.11%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $87,288 in 2013 and $123,170 in 2023.
• Above analysis reconfirms that there are 6 race households in Charles County. Households are categorized based on the self-identified race of the head of household.

Things to know

Which racial group has the highest median household income according to the Census Bureau in Charles County, MD?

Among the racial categories identified by the U.S. Census Bureau, and the American Community Survey 2019-2023 5-Year Estimates, households with Asian householders in Charles County have the highest median household income at $134,821.

How does the median household income vary by race in Charles County, MD?

In Charles County, the median household income In Charles County, a diversity of median household incomes is evident among households of different races. The Asian households boast the highest median household income at about $134,821. Two or More Races households have a median income of approximately $123,170. Black or African American households have a median income of approximately $121,396. White households have a median income of approximately $118,014. Some Other Race households have a median income of approximately $114,891. Conversly, American Indian and Alaska Native households reveal the lowest median income at $84,063. These disparities underscore the varied income distribution within the county of Charles County..

Which racial group has the lowest median household income according to the Census Bureau in Charles County, MD?

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 American Indian and Alaska Native in Charles County exhibit the lowest median household income at $84,063 among the identified racial categories.

What is the median household income for White households in Charles County, MD?

In Charles County, the median household income for the households where the householder is White decreased by $8,143(6.45%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $126,157 in 2013 and $118,014 in 2023.

What is the median household income for Black or African American households in Charles County, MD?

In Charles County, the median household income for the households where the householder is Black or African American increased by $2,567(2.16%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $118,829 in 2013 and $121,396 in 2023.

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