El Monte, CA median household income diversity
Based on our analysis of the distribution of El Monte population by race & ethnicity, the population is predominantly Asian. This particular racial category constitutes the majority, accounting for 29.85% of the total residents in El Monte. Notably, the median household income for Asian households is $55,989.
Interestingly, despite the Asian population being the most populous, it is worth noting that White households actually reports the highest median household income, with a median income of $93,977. This reveals that, while Asians may be the most numerous in El Monte, 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.
In El Monte, a diversity of median household incomes is evident among households of different races. The White households boast the highest median household income at about $93,977. Two or More Races households have a median income of approximately $62,370. Some Other Race households have a median income of approximately $57,920. Asian households have a median income of approximately $55,989. Conversely, American Indian and Alaska Native households reveal the lowest median income at $53,623. These disparities underscore the varied income distribution within the city of El Monte.
El Monte, CA median household income trends across races
A decade typically encompasses substantial economic changes. To conduct a comprehensive analysis of these changes in El Monte, we have analysed how these changes have unfolded among the racial categories identified by the U.S. Census Bureau for the city of El Monte.
Key stats for each racial category as per our analysis of U.S. Census Bureau American Community Survey:
- White: In El Monte, the median household income for the households where the householder is White increased by $51,893(123.31%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $42,084 in 2012 and $93,977 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: In El Monte, the median household income for the households where the householder is American Indian and Alaska Native decreased by $20,534(27.69%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $74,157 in 2012 and $53,623 in 2022.
- Asian: In El Monte, the median household income for the households where the householder is Asian decreased by $8,990(13.84%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $64,979 in 2012 and $55,989 in 2022.
- Native Hawaiian and Other Pacific Islander: In El Monte, the median household income for Native Hawaiian and Other Pacific Islander households was $18,290 in 2012(2022 inflation-adjusted dollars). However there is no reported data for 2022, indicating a lack of information for this specific year.
- Some other race: In El Monte, the median household income for the households where the householder is Some other race decreased by $994(1.69%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $58,914 in 2012 and $57,920 in 2022.
- Two or more races (multiracial): In El Monte, there was no reported median household income for multiracial households in 2012. However, in 2022, the median household income increased to $62,370, marking a significant change.
- Above analysis reconfirms that there are 5 race households in El Monte. Households are categorized based on the self-identified race of the head of household.
El Monte 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 | $55,445 | $43,397 | $42,084 | $34,157 | $45,576 | $50,169 | $60,154 | $57,572 | $53,474 | $58,607 | N/A | $83,257 | $93,977 |
| Black or African American | $49,639 | $97,361 | N/A | $161,177 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| American Indian and Alaska Native | N/A | $89,047 | $74,157 | N/A | N/A | $29,534 | N/A | N/A | $67,390 | N/A | N/A | $81,360 | $53,623 |
| Asian | $55,615 | $62,209 | $64,979 | $54,431 | $57,172 | $60,098 | $64,243 | $66,233 | $57,042 | $59,599 | N/A | $67,091 | $55,989 |
| Native Hawaiian and Other Pacific Islander | N/A | N/A | $18,290 | N/A | $95,117 | N/A | $3,056 | N/A | N/A | $125,061 | N/A | N/A | N/A |
| Some Other Race | $56,550 | $38,215 | $58,914 | $51,747 | $58,344 | $49,668 | $50,546 | $59,252 | $58,371 | $58,075 | N/A | $55,633 | $57,920 |
| Two or More Races | $52,644 | N/A | N/A | $23,010 | $100,291 | N/A | N/A | $82,132 | $64,789 | $45,814 | N/A | $54,656 | $62,370 |
Key observations: Households with multiracial householders witnessed significant growth in median household income, marking an impressive increase of $62,370. On the other hand, households where householder is American Indian and Alaska Native experienced a notable decline, with a decrease of $20,534 in median income.