Median Household Income by Racial Categories in Collegedale, TN (2021, in 2022 inflation-adjusted dollars)
This table presents the median household income across different racial categories in Collegedale, 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 | $73,594 |
Black or African American | $56,124 |
Some Other Race | $122,625 |
TABLE OF CONTENTS
Collegedale, TN median household income diversity
Based on our analysis of the distribution of Collegedale population by race & ethnicity, the population is predominantly White. This particular racial category constitutes the majority, accounting for 71.80% of the total residents in Collegedale. Notably, the median household income for White households is $73,594.
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 $122,625. This reveals that, while Whites may be the most numerous in Collegedale, 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. All incomes have been adjusted for 2022 inflation using the Consumer Price Index retroactive series (R-CPI-U-RS).
![Collegedale, TN median household income diversity across racial categories The bar chart shows Collegedale, TN median household income across all racial categories identified 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).](https://i.neilsberg.com/ch/collegedale-tn-median-household-income-by-race.jpeg)
As we explore median household incomes in Collegedale, we observe that Some Other Race households report a median income of about $122,625, White households report a median income of about $73,594 and Black or African American households earn roughly $56,124. These differences shed light on the income distribution within the city of Collegedale.
Collegedale, TN median household income trends across races
A decade typically encompasses substantial economic changes. To conduct a comprehensive analysis of these changes in Collegedale, we have analysed how these changes have unfolded among the racial categories identified by the U.S. Census Bureau for the city of Collegedale.
Key stats for each racial category as per our analysis of U.S. Census Bureau American Community Survey:
- White: In Collegedale, the median household income for the households where the householder is White increased by $11,135(17.83%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $62,459 in 2011 and $73,594 in 2021.
- Black or African American: In Collegedale, the median household income for the households where the householder is Black or African American increased by $44,199(370.64%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $11,925 in 2011 and $56,124 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 Collegedale, the median household income for Asian households was $96,597 in 2011(2022 inflation-adjusted dollars). However there is no reported data for 2021, indicating a lack of information for this specific year.
- 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 2011 and 2021.
- Some other race: In Collegedale, there was no reported median household income for Some other race households in 2011. However, in 2021, the median household income increased to $122,625(2022 inflation-adjusted dollars), marking a significant change.
- 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 Collegedale. Households are categorized based on the self-identified race of the head of household.
![Collegedale, TN median household income trends across races (2011-2021, in 2022 inflation-adjusted dollars) Line chart showing Collegedale, TN median household income trends for all racial categories identified by the U.S. Census Bureau. The chart illustrates income trends between 2011 and 2021, with incomes values adjusted for inflation using 2022 Consumer Price Index retroactive series using current methods. It provides insights into income disparities and variations across racial categories, aiding in data analysis and decision-making.](https://i.neilsberg.com/ch/collegedale-tn-median-household-income-by-race-trends.jpeg)
Collegedale 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 | $65,061 | $62,459 | $63,562 | $67,836 | $66,377 | $66,008 | $66,291 | $65,099 | $67,070 | $68,419 | $68,642 | $73,594 | N/A |
Black or African American | $23,418 | $11,925 | $12,107 | $11,809 | $13,707 | N/A | N/A | $42,755 | N/A | $45,466 | $59,876 | $56,124 | N/A |
American Indian and Alaska Native | $40,338 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Asian | $94,946 | $96,597 | $94,090 | $118,058 | $120,389 | $140,351 | $139,059 | $140,096 | N/A | $138,368 | $107,723 | N/A | N/A |
Some Other Race | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $122,625 | N/A |
Two or More Races | N/A | N/A | $81,060 | N/A | $62,981 | $62,873 | $62,682 | $65,962 | $66,783 | N/A | $164,856 | N/A | N/A |
Key observations: Households with Some other race householders witnessed significant growth in median household income, marking an impressive increase of $122,625. On the other hand, households where householder is Asian experienced a notable decline, with a decrease of $96,597 in median income.
Things to know
Which racial group has the highest median household income according to the Census Bureau in Collegedale, TN?
Among the racial categories identified by the U.S. Census Bureau, and the American Community Survey 2017-2021 5-Year Estimates, households with Some Other Race householders in Collegedale have the highest median household income at $122,625.
How does the median household income vary by race in Collegedale, TN?
In Collegedale, the median household income As we explore median household incomes in Collegedale, we observe that Some Other Race households report a median income of about $122,625, White households report a median income of about $73,594 and Black or African American households earn roughly $56,124. These differences shed light on the income distribution within the city of Collegedale..
Which racial group has the lowest median household income according to the Census Bureau in Collegedale, TN?
Of the racial categories outlined by the U.S. Census Bureau and the American Community Survey 2017-2021 5-Year Estimates, households headed by individuals identifying as Black or African American in Collegedale exhibit the lowest median household income at $56,124 among the identified racial categories.
What is the median household income for White households in Collegedale, TN?
In Collegedale, the median household income for the households where the householder is White increased by $11,135(17.83%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $62,459 in 2011 and $73,594 in 2021.
What is the median household income for Black or African American households in Collegedale, TN?
In Collegedale, the median household income for the households where the householder is Black or African American increased by $44,199(370.64%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $11,925 in 2011 and $56,124 in 2021.
References
- U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates
- Consumer Price Index retroactive series using current methods (R-CPI-U-RS)