Median Household Income by Racial Categories in Fort Lee, NJ , in 2023 inflation-adjusted dollars
This table presents the median household income across different racial categories in Fort Lee, 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 | $93,681 |
| Black or African American | $129,444 |
| Asian | $115,381 |
| Some Other Race | $71,324 |
| Two or More Races | $89,167 |
TABLE OF CONTENTS
Fort Lee, NJ median household income diversity
Based on our analysis of the distribution of Fort Lee population by race & ethnicity, the population is predominantly Asian. This particular racial category constitutes the majority, accounting for 44.11% of the total residents in Fort Lee. Notably, the median household income for Asian households is $115,381.
Interestingly, despite the Asian population being the most populous, it is worth noting that Black or African American households actually reports the highest median household income, with a median income of $129,444. This reveals that, while Asians may be the most numerous in Fort Lee, Black or African American 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).
In Fort Lee, 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 $129,444. Asian households have a median income of approximately $115,381. White households have a median income of approximately $93,681. Two or More Races households have a median income of approximately $89,167. Conversly, Some Other Race households reveal the lowest median income at $71,324. These disparities underscore the varied income distribution within the borough of Fort Lee.
Fort Lee, NJ median household income trends across races
A decade typically encompasses substantial economic changes. To conduct a comprehensive analysis of these changes in Fort Lee, we have analysed how these changes have unfolded among the racial categories identified by the U.S. Census Bureau for the borough of Fort Lee.
Key stats for each racial category as per our analysis of U.S. Census Bureau American Community Survey:
- White: In Fort Lee, the median household income for the households where the householder is White decreased by $2,331(2.43%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $96,012 in 2013 and $93,681 in 2023.
- Black or African American: In Fort Lee, the median household income for the households where the householder is Black or African American increased by $22,852(21.44%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $106,592 in 2013 and $129,444 in 2023.
- 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 Fort Lee, the median household income for the households where the householder is Asian increased by $16,057(16.17%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $99,324 in 2013 and $115,381 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 Fort Lee, the median household income for the households where the householder is Some other race increased by $20,416(40.10%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $50,908 in 2013 and $71,324 in 2023.
- Two or more races (multiracial): In Fort Lee, the median household income for the households where the householder is multiracial increased by $3,305(3.85%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $85,862 in 2013 and $89,167 in 2023.
- Above analysis reconfirms that there are 5 race households in Fort Lee. Households are categorized based on the self-identified race of the head of household.
Fort Lee 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 | $106,096 | $101,873 | $99,183 | $96,012 | $86,838 | $88,555 | $90,457 | $92,162 | $93,272 | $95,013 | $96,338 | $96,565 | $93,363 | $93,681 |
| Black or African American | $86,098 | $92,226 | $105,134 | $106,592 | $85,981 | $80,301 | $77,969 | $80,179 | $87,949 | $91,484 | $103,667 | $147,420 | $140,107 | $129,444 |
| American Indian and Alaska Native | N/A | N/A | N/A | N/A | $52,710 | N/A | $52,423 | $54,217 | $78,110 | $99,964 | $99,098 | $100,263 | $179,802 | N/A |
| Asian | $98,854 | $81,654 | $90,571 | $99,324 | $88,764 | $98,914 | $117,330 | $112,290 | $104,991 | $114,507 | $122,746 | $116,654 | $117,884 | $115,381 |
| Some Other Race | $109,522 | $117,304 | $52,212 | $50,908 | $71,451 | $94,278 | $93,772 | $96,394 | $93,980 | $94,804 | $101,765 | $99,023 | $88,042 | $71,324 |
| Two or More Races | $76,394 | N/A | $51,262 | $85,862 | $60,784 | $88,173 | $84,371 | $57,674 | $57,631 | $69,801 | $51,359 | $70,560 | $79,071 | $89,167 |
Things to know
Which racial group has the highest median household income according to the Census Bureau in Fort Lee, NJ?
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 Fort Lee have the highest median household income at $129,444.
How does the median household income vary by race in Fort Lee, NJ?
In Fort Lee, the median household income In Fort Lee, 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 $129,444. Asian households have a median income of approximately $115,381. White households have a median income of approximately $93,681. Two or More Races households have a median income of approximately $89,167. Conversly, Some Other Race households reveal the lowest median income at $71,324. These disparities underscore the varied income distribution within the borough of Fort Lee..
Which racial group has the lowest median household income according to the Census Bureau in Fort Lee, NJ?
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 Some Other Race in Fort Lee exhibit the lowest median household income at $71,324 among the identified racial categories.
What is the median household income for White households in Fort Lee, NJ?
In Fort Lee, the median household income for the households where the householder is White decreased by $2,331(2.43%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $96,012 in 2013 and $93,681 in 2023.
What is the median household income for Black or African American households in Fort Lee, NJ?
In Fort Lee, the median household income for the households where the householder is Black or African American increased by $22,852(21.44%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $106,592 in 2013 and $129,444 in 2023.
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)
