Citrus County, FL median household income diversity
Based on our analysis of the distribution of Citrus County population by race & ethnicity, the population is predominantly White. This particular racial category constitutes the majority, accounting for 90.93% of the total residents in Citrus County. Notably, the median household income for White households is $52,716.
Interestingly, despite the White 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 $67,244. This reveals that, while Whites may be the most numerous in Citrus County, 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.
As we explore median household incomes in Citrus County, we observe that Some Other Race households report a median income of about $67,244, White households report a median income of about $52,716 and Two or More Races households earn roughly $31,765. These differences shed light on the income distribution within the county of Citrus County.
Citrus County, FL median household income trends across races
A decade typically encompasses substantial economic changes. To conduct a comprehensive analysis of these changes in Citrus County, we have analysed how these changes have unfolded among the racial categories identified by the U.S. Census Bureau for the county of Citrus County.
Key stats for each racial category as per our analysis of U.S. Census Bureau American Community Survey:
- White: In Citrus County, the median household income for the households where the householder is White increased by $2,377(4.72%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $50,339 in 2012 and $52,716 in 2022.
- Black or African American: Even though there is a population where the householder is Black or African American, there was no median household income reported by the U.S. Census Bureau for both 2012 and 2022.
- 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 2012 and 2022.
- Asian: Even though there is a population where the householder is Asian, there was no median household income reported by the U.S. Census Bureau for both 2012 and 2022.
- 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 2012 and 2022.
- Some other race: In Citrus County, there was no reported median household income for Some other race households in 2012. However, in 2022, the median household income increased to $67,244, marking a significant change.
- Two or more races (multiracial): In Citrus County, the median household income for the households where the householder is multiracial decreased by $61,800(66.05%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $93,565 in 2012 and $31,765 in 2022.
- Above analysis reconfirms that there are 3 race households in Citrus County. Households are categorized based on the self-identified race of the head of household.
Citrus County median household income by race betwen 2012 and 2022
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 2012 to 2022, 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 | $47,949 | $44,775 | $50,339 | $50,474 | $44,516 | $49,321 | $45,602 | $51,663 | $49,119 | $58,945 | N/A | $52,741 | $52,716 |
| Black or African American | $34,794 | N/A | N/A | $45,257 | $38,730 | N/A | N/A | $97,081 | $19,198 | $27,313 | N/A | $43,735 | N/A |
| American Indian and Alaska Native | N/A | N/A | N/A | N/A | $31,398 | N/A | N/A | $72,626 | N/A | N/A | N/A | N/A | N/A |
| Asian | $58,127 | $326,895 | N/A | $125,119 | N/A | $73,214 | $90,514 | N/A | $46,130 | N/A | N/A | N/A | N/A |
| Some Other Race | $95,516 | N/A | N/A | N/A | $114,806 | N/A | N/A | N/A | N/A | N/A | N/A | $49,371 | $67,244 |
| Two or More Races | $20,624 | $62,328 | $93,565 | N/A | $40,905 | $62,001 | N/A | N/A | $30,694 | N/A | N/A | $44,127 | $31,765 |
Key observations: Households with Some other race householders witnessed significant growth in median household income, marking an impressive increase of $67,244. On the other hand, households where householder is multiracial experienced a notable decline, with a decrease of $61,800 in median income.