Median Household Income by Racial Categories in Floyd County, IA , in 2023 inflation-adjusted dollars
This table presents the median household income across different racial categories in Floyd County, 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 | $63,260 |
| Asian | $165,787 |
TABLE OF CONTENTS
Floyd County, IA median household income diversity
Based on our analysis of the distribution of Floyd County population by race & ethnicity, the population is predominantly White. This particular racial category constitutes the majority, accounting for 90.37% of the total residents in Floyd County. Notably, the median household income for White households is $63,260.
Interestingly, despite the White population being the most populous, it is worth noting that Asian households actually reports the highest median household income, with a median income of $165,787. This reveals that, while Whites may be the most numerous in Floyd County, Asian 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 2023 inflation using the Consumer Price Index retroactive series (R-CPI-U-RS).
As we explore median household incomes in Floyd County, we observe that Asian households report a median income of about $165,787, while White households earn around $63,260. These differences shed light on the income distribution within the county of Floyd County.
Floyd County, IA median household income trends across races
A decade typically encompasses substantial economic changes. To conduct a comprehensive analysis of these changes in Floyd County, we have analysed how these changes have unfolded among the racial categories identified by the U.S. Census Bureau for the county of Floyd County.
Key stats for each racial category as per our analysis of U.S. Census Bureau American Community Survey:
- White: In Floyd County, the median household income for the households where the householder is White increased by $4,792(8.20%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $58,468 in 2013 and $63,260 in 2023.
- Black or African American: In Floyd County, the median household income for Black or African American households was $8,006 in 2013(2023 inflation-adjusted dollars). However there is no reported data for 2023, indicating a lack of information for this specific year.
- 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 2013 and 2023.
- Asian: In Floyd County, the median household income for the households where the householder is Asian increased by $152,960(1192.48%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $12,827 in 2013 and $165,787 in 2023.
- 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 2013 and 2023.
- Some other race: In Floyd County, the median household income for Some other race households was $12,590 in 2013(2023 inflation-adjusted dollars). However there is no reported data for 2023, indicating a lack of information for this specific year.
- Two or more races (multiracial): In Floyd County, the median household income for multiracial households was $28,787 in 2013(2023 inflation-adjusted dollars). However there is no reported data for 2023, indicating a lack of information for this specific year.
- Above analysis reconfirms that there are 2 race households in Floyd County. Households are categorized based on the self-identified race of the head of household.
Floyd County median household income by race betwen 2013 and 2023
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 2013 to 2023, 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 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| White | $56,160 | $58,096 | $57,139 | $58,468 | $56,335 | $57,981 | $59,469 | $61,507 | $59,709 | $61,812 | $62,931 | $65,623 | $64,966 | $63,260 |
| Black or African American | $3,511 | $7,076 | $3,333 | $8,006 | $8,744 | N/A | N/A | N/A | $19,121 | N/A | $37,006 | $34,855 | $34,751 | N/A |
| Asian | $27,252 | $30,634 | $81,033 | $12,827 | $12,798 | N/A | N/A | N/A | N/A | $42,499 | $41,717 | N/A | N/A | $165,787 |
| Some Other Race | $29,636 | $5,673 | $3,333 | $12,590 | $70,379 | $69,874 | $68,983 | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Two or More Races | $26,147 | N/A | $29,117 | $28,787 | $28,702 | $85,265 | N/A | N/A | N/A | N/A | $246,159 | N/A | $245,145 | N/A |
Things to know
Which racial group has the highest median household income according to the Census Bureau in Floyd County, IA?
Among the racial categories identified by the U.S. Census Bureau, and the American Community Survey 2019-2023 5-Year Estimates, households with Asian householders in Floyd County have the highest median household income at $165,787.
How does the median household income vary by race in Floyd County, IA?
In Floyd County, the median household income As we explore median household incomes in Floyd County, we observe that Asian households report a median income of about $165,787, while White households earn around $63,260. These differences shed light on the income distribution within the county of Floyd County..
Which racial group has the lowest median household income according to the Census Bureau in Floyd County, IA?
Of the racial categories outlined by the U.S. Census Bureau and the American Community Survey 2019-2023 5-Year Estimates, households headed by individuals identifying as White in Floyd County exhibit the lowest median household income at $63,260 among the identified racial categories.
What is the median household income for White households in Floyd County, IA?
In Floyd County, the median household income for the households where the householder is White increased by $4,792(8.20%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $58,468 in 2013 and $63,260 in 2023.
What is the median household income for Black or African American households in Floyd County, IA?
In Floyd County, the median household income for Black or African American households was $8,006 in 2013(2023 inflation-adjusted dollars). However there is no reported data for 2023, indicating a lack of information for this specific year.
References
- U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates
- Consumer Price Index retroactive series using current methods (R-CPI-U-RS)
