Cottage City, MD Median Household Income By Race

Cottage City, MD median household income diversity

Based on our analysis of the distribution of Cottage City population by race & ethnicity, the population is predominantly some other race. This particular racial category constitutes the majority, accounting for 40.77% of the total residents in Cottage City. Notably, the median household income for some other race households is $92,300.

Interestingly, despite the some other race population being the most populous, it is worth noting that White households actually reports the highest median household income, with a median income of $100,323. This reveals that, while some other races may be the most numerous in Cottage City, White 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).

In Cottage City, a diversity of median household incomes is evident among households of different races. The White households boast the highest median household income at about $100,323. Asian households have a median income of approximately $96,742. Some Other Race households have a median income of approximately $92,300. Two or More Races households have a median income of approximately $85,573. Conversely, Black or African American households reveal the lowest median income at $33,891. These disparities underscore the varied income distribution within the town of Cottage City.

Cottage City, MD median household income trends across races

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

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

• White: In Cottage City, the median household income for the households where the householder is White increased by $1,846(1.87%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $98,477 in 2011 and $100,323 in 2021.
• Black or African American: In Cottage City, the median household income for the households where the householder is Black or African American decreased by $9,150(21.26%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $43,041 in 2011 and $33,891 in 2021.
• American Indian and Alaska Native: The U.S. Census Bureau population data for Cottage City, indicates a lack of households led by American Indian and Alaska Native individuals. As a result, the median household income for the American Indian and Alaska Native population is not available.
• Asian: In Cottage City, the median household income for the households where the householder is Asian increased by $58,332(151.87%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $38,410 in 2011 and $96,742 in 2021.
• 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 Cottage City, the median household income for the households where the householder is Some other race decreased by $15,826(14.64%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $108,126 in 2011 and $92,300 in 2021.
• Two or more races (multiracial): In Cottage City, there was no reported median household income for multiracial households in 2011. However, in 2021, the median household income increased to $85,573(2022 inflation-adjusted dollars), marking a significant change.
• Above analysis reconfirms that there are 5 race households in Cottage City. Households are categorized based on the self-identified race of the head of household.

Key observations: Households with multiracial householders witnessed significant growth in median household income, marking an impressive increase of $85,573. On the other hand, households where householder is Some other race experienced a notable decline, with a decrease of $15,826 in median income.

Things to know

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

Among the racial categories identified by the U.S. Census Bureau, and the American Community Survey 2017-2021 5-Year Estimates, households with White householders in Cottage City have the highest median household income at $100,323.

How does the median household income vary by race in Cottage City, MD?

In Cottage City, the median household income In Cottage City, a diversity of median household incomes is evident among households of different races. The White households boast the highest median household income at about $100,323. Asian households have a median income of approximately $96,742. Some Other Race households have a median income of approximately $92,300. Two or More Races households have a median income of approximately $85,573. Conversely, Black or African American households reveal the lowest median income at $33,891. These disparities underscore the varied income distribution within the town of Cottage City..

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

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 Cottage City exhibit the lowest median household income at $33,891 among the identified racial categories.

What is the median household income for White households in Cottage City, MD?

In Cottage City, the median household income for the households where the householder is White increased by $1,846(1.87%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $98,477 in 2011 and $100,323 in 2021.

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

In Cottage City, the median household income for the households where the householder is Black or African American decreased by $9,150(21.26%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $43,041 in 2011 and $33,891 in 2021.

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