Forest Hill, TX Median Household Income By Race

Forest Hill, TX median household income diversity

Based on our analysis of the distribution of Forest Hill population by race & ethnicity, the population is predominantly Black or African American. This particular racial category constitutes the majority, accounting for 43.97% of the total residents in Forest Hill. Notably, the median household income for Black or African American households is $65,620.

Interestingly, Black or African American is both the largest group and the one with the highest median household income, which stands at $65,620.

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).

In Forest Hill, a diversity of median household incomes is evident among households of different races. The Black or African American households boast the highest median household income at about $65,620. American Indian and Alaska Native households have a median income of approximately $65,000. Two or More Races households have a median income of approximately $64,000. Some Other Race households have a median income of approximately $61,343. Conversly, White households reveal the lowest median income at $55,727. These disparities underscore the varied income distribution within the city of Forest Hill.

Forest Hill, TX median household income trends across races

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

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

• White: In Forest Hill, the median household income for the households where the householder is White increased by $970(1.77%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $54,757 in 2013 and $55,727 in 2023.
• Black or African American: In Forest Hill, the median household income for the households where the householder is Black or African American increased by $8,657(15.20%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $56,963 in 2013 and $65,620 in 2023.
• American Indian and Alaska Native: In Forest Hill, there was no reported median household income for American Indian and Alaska Native households in 2013. However, in 2023, the median household income increased to $65,000, marking a significant change.
• Asian: In Forest Hill, 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 Forest Hill, 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 Forest Hill, the median household income for the households where the householder is Some other race increased by $15,714(34.44%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $45,629 in 2013 and $61,343 in 2023.
• Two or more races (multiracial): In Forest Hill, the median household income for the households where the householder is multiracial increased by $26,503(70.68%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $37,497 in 2013 and $64,000 in 2023.
• Above analysis reconfirms that there are 5 race households in Forest Hill. Households are categorized based on the self-identified race of the head of household.

Things to know

Which racial group has the highest median household income according to the Census Bureau in Forest Hill, TX?

Among the racial categories identified by the U.S. Census Bureau, and the American Community Survey 2019-2023 5-Year Estimates, households with Black or African American householders in Forest Hill have the highest median household income at $65,620.

How does the median household income vary by race in Forest Hill, TX?

In Forest Hill, the median household income In Forest Hill, a diversity of median household incomes is evident among households of different races. The Black or African American households boast the highest median household income at about $65,620. American Indian and Alaska Native households have a median income of approximately $65,000. Two or More Races households have a median income of approximately $64,000. Some Other Race households have a median income of approximately $61,343. Conversly, White households reveal the lowest median income at $55,727. These disparities underscore the varied income distribution within the city of Forest Hill..

Which racial group has the lowest median household income according to the Census Bureau in Forest Hill, TX?

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 Forest Hill exhibit the lowest median household income at $55,727 among the identified racial categories.

What is the median household income for White households in Forest Hill, TX?

In Forest Hill, the median household income for the households where the householder is White increased by $970(1.77%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $54,757 in 2013 and $55,727 in 2023.

What is the median household income for Black or African American households in Forest Hill, TX?

In Forest Hill, the median household income for the households where the householder is Black or African American increased by $8,657(15.20%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $56,963 in 2013 and $65,620 in 2023.

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