Fayette County, IN Median Household Income By Race

Fayette County, IN median household income diversity

Based on our analysis of the distribution of Fayette County population by race & ethnicity, the population is predominantly White. This particular racial category constitutes the majority, accounting for 94.71% of the total residents in Fayette County. Notably, the median household income for White households is $52,994.

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 $56,169. This reveals that, while Whites may be the most numerous in Fayette 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. All incomes have been adjusted for 2022 inflation using the Consumer Price Index retroactive series (R-CPI-U-RS).

In Fayette County, a diversity of median household incomes is evident among households of different races. The Some Other Race households boast the highest median household income at about $56,169. White households have a median income of approximately $52,994. Two or More Races households have a median income of approximately $47,162. Conversely, Black or African American households reveal the lowest median income at $46,961. These disparities underscore the varied income distribution within the county of Fayette County.

Fayette County, IN median household income trends across races

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

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

• White: In Fayette County, the median household income for the households where the householder is White increased by $5,562(11.73%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $47,432 in 2011 and $52,994 in 2021.
• Black or African American: In Fayette County, the median household income for the households where the householder is Black or African American increased by $27,674(143.49%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $19,287 in 2011 and $46,961 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 Fayette County, the median household income for Asian households was $99,242 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 Fayette County, the median household income for the households where the householder is Some other race decreased by $74,043(56.86%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $130,212 in 2011 and $56,169 in 2021.
• Two or more races (multiracial): In Fayette County, there was no reported median household income for multiracial households in 2011. However, in 2021, the median household income increased to $47,162(2022 inflation-adjusted dollars), marking a significant change.
• Above analysis reconfirms that there are 4 race households in Fayette County. 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 $47,162. On the other hand, households where householder is Asian experienced a notable decline, with a decrease of $99,242 in median income.

Things to know

Which racial group has the highest median household income according to the Census Bureau in Fayette County, IN?

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 Fayette County have the highest median household income at $56,169.

How does the median household income vary by race in Fayette County, IN?

In Fayette County, the median household income In Fayette County, a diversity of median household incomes is evident among households of different races. The Some Other Race households boast the highest median household income at about $56,169. White households have a median income of approximately $52,994. Two or More Races households have a median income of approximately $47,162. Conversely, Black or African American households reveal the lowest median income at $46,961. These disparities underscore the varied income distribution within the county of Fayette County..

Which racial group has the lowest median household income according to the Census Bureau in Fayette County, IN?

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 Fayette County exhibit the lowest median household income at $46,961 among the identified racial categories.

What is the median household income for White households in Fayette County, IN?

In Fayette County, the median household income for the households where the householder is White increased by $5,562(11.73%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $47,432 in 2011 and $52,994 in 2021.

What is the median household income for Black or African American households in Fayette County, IN?

In Fayette County, the median household income for the households where the householder is Black or African American increased by $27,674(143.49%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $19,287 in 2011 and $46,961 in 2021.

References