Forest Park, OH median household income diversity
Based on our analysis of the distribution of Forest Park population by race & ethnicity, the population is predominantly Black or African American. This particular racial category constitutes the majority, accounting for 55.04% of the total residents in Forest Park. Notably, the median household income for Black or African American households is $58,709.
Interestingly, despite the Black or African American 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 $76,028. This reveals that, while Black or African Americans may be the most numerous in Forest Park, 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 Forest Park, 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 $76,028. White households have a median income of approximately $73,493. Asian households have a median income of approximately $61,023. Black or African American households have a median income of approximately $58,709. Conversely, Two or More Races households reveal the lowest median income at $40,056. These disparities underscore the varied income distribution within the city of Forest Park.
Forest Park, OH median household income trends across races
A decade typically encompasses substantial economic changes. To conduct a comprehensive analysis of these changes in Forest Park, we have analysed how these changes have unfolded among the racial categories identified by the U.S. Census Bureau for the city of Forest Park.
Key stats for each racial category as per our analysis of U.S. Census Bureau American Community Survey:
- White: In Forest Park, the median household income for the households where the householder is White increased by $8,891(13.76%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $64,602 in 2011 and $73,493 in 2021.
- Black or African American: In Forest Park, the median household income for the households where the householder is Black or African American decreased by $1,389(2.31%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $60,098 in 2011 and $58,709 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 Forest Park, the median household income for the households where the householder is Asian decreased by $25,409(29.40%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $86,432 in 2011 and $61,023 in 2021.
- 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 Forest Park, there was no reported median household income for Some other race households in 2011. However, in 2021, the median household income increased to $76,028(2022 inflation-adjusted dollars), marking a significant change.
- Two or more races (multiracial): In Forest Park, there was no reported median household income for multiracial households in 2011. However, in 2021, the median household income increased to $40,056(2022 inflation-adjusted dollars), marking a significant change.
- Above analysis reconfirms that there are 5 race households in Forest Park. Households are categorized based on the self-identified race of the head of household.
Forest Park 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 | $69,584 | $64,602 | $61,515 | $60,652 | $61,586 | $59,586 | $64,579 | $64,702 | $64,187 | $65,111 | $72,147 | $73,493 | N/A |
| Black or African American | $61,197 | $60,098 | $61,063 | $58,353 | $60,127 | $59,746 | $60,579 | $62,233 | $62,256 | $61,301 | $58,438 | $58,709 | N/A |
| Asian | $85,361 | $86,432 | $78,609 | $34,534 | $70,915 | N/A | $135,493 | N/A | $101,363 | $97,837 | $68,494 | $61,023 | N/A |
| Some Other Race | N/A | N/A | $15,781 | $69,942 | $54,812 | $63,492 | $70,767 | $73,354 | N/A | $89,433 | $87,919 | $76,028 | N/A |
| Two or More Races | $39,033 | N/A | $40,883 | $66,956 | $66,704 | $104,616 | $99,792 | $94,710 | $95,586 | $70,222 | N/A | $40,056 | N/A |
Key observations: Households with Some other race householders witnessed significant growth in median household income, marking an impressive increase of $76,028. On the other hand, households where householder is Asian experienced a notable decline, with a decrease of $25,409 in median income.