Cottle County, TX median household income diversity
Based on our analysis of the distribution of Cottle County population by race & ethnicity, the population is predominantly White. This particular racial category constitutes the majority, accounting for 73.33% of the total residents in Cottle County. Notably, the median household income for White households is $57,648.
Interestingly, White is both the largest group and the one with the highest median household income, which stands at $57,648.
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).
As we explore median household incomes in Cottle County, we observe that White households report a median income of about $57,648, Some Other Race households report a median income of about $43,993 and Black or African American households earn roughly $22,100. These differences shed light on the income distribution within the county of Cottle County.
Cottle County, TX median household income trends across races
A decade typically encompasses substantial economic changes. To conduct a comprehensive analysis of these changes in Cottle County, we have analysed how these changes have unfolded among the racial categories identified by the U.S. Census Bureau for the county of Cottle County.
Key stats for each racial category as per our analysis of U.S. Census Bureau American Community Survey:
- White: In Cottle County, the median household income for the households where the householder is White increased by $6,094(11.82%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $51,554 in 2011 and $57,648 in 2021.
- Black or African American: In Cottle County, the median household income for the households where the householder is Black or African American decreased by $15,820(41.72%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $37,920 in 2011 and $22,100 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 Cottle County, based on U.S. Census Bureau population data, households with Asian householders are non existent. Therefore, the median household income for the Asian population cannot be determined.
- Native Hawaiian and Other Pacific Islander: According to the U.S. Census Bureau population data for Cottle County, there are no households with Native Hawaiian and Other Pacific Islander householders. Consequently, the median household income for the Native Hawaiian and Other Pacific Islander population is not available.
- Some other race: In Cottle County, the median household income for the households where the householder is Some other race increased by $9,669(28.17%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $34,324 in 2011 and $43,993 in 2021.
- 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 Cottle County. Households are categorized based on the self-identified race of the head of household.
Cottle County 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 | $44,731 | $51,554 | $48,208 | $48,815 | $44,544 | $45,921 | $52,108 | $52,740 | $48,224 | $50,455 | $50,090 | $57,648 | N/A |
| Black or African American | $31,483 | $37,920 | $41,826 | $39,166 | $38,296 | $37,388 | $18,632 | $18,713 | $24,550 | $24,514 | $23,592 | $22,100 | N/A |
| Some Other Race | $59,031 | $34,324 | $80,451 | $55,515 | $33,818 | $39,954 | N/A | N/A | N/A | $10,396 | N/A | $43,993 | N/A |
| Two or More Races | $84,161 | N/A | $24,193 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Key observations: Households with Some other race householders witnessed significant growth in median household income, marking an impressive increase of $9,669. On the other hand, households where householder is Black or African American experienced a notable decline, with a decrease of $15,820 in median income.