Fort Morgan, CO Median Household Income By Race

Fort Morgan, CO median household income diversity

Based on our analysis of the distribution of Fort Morgan population by race & ethnicity, the population is predominantly White. This particular racial category constitutes the majority, accounting for 55.15% of the total residents in Fort Morgan. Notably, the median household income for White households is $65,791.

Interestingly, despite the White population being the most populous, it is worth noting that American Indian and Alaska Native households actually reports the highest median household income, with a median income of $95,680. This reveals that, while Whites may be the most numerous in Fort Morgan, American Indian and Alaska Native 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 Morgan, a diversity of median household incomes is evident among households of different races. The American Indian and Alaska Native households boast the highest median household income at about $95,680. Some Other Race households have a median income of approximately $81,134. White households have a median income of approximately $65,791. Two or More Races households have a median income of approximately $56,093. Conversly, Black or African American households reveal the lowest median income at $55,708. These disparities underscore the varied income distribution within the city of Fort Morgan.

Fort Morgan, CO median household income trends across races

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

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

• White: In Fort Morgan, the median household income for the households where the householder is White increased by $8,550(14.94%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $57,241 in 2013 and $65,791 in 2023.
• Black or African American: In Fort Morgan, the median household income for the households where the householder is Black or African American increased by $26,237(89.03%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $29,471 in 2013 and $55,708 in 2023.
• American Indian and Alaska Native: In Fort Morgan, the median household income for the households where the householder is American Indian and Alaska Native increased by $54,078(129.99%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $41,602 in 2013 and $95,680 in 2023.
• Asian: Even though there is a population where the householder is Asian, there was no median household income reported by the U.S. Census Bureau for both 2013 and 2023.
• Native Hawaiian and Other Pacific Islander: According to the U.S. Census Bureau population data for Fort Morgan, 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 Fort Morgan, the median household income for the households where the householder is Some other race increased by $27,152(50.30%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $53,982 in 2013 and $81,134 in 2023.
• Two or more races (multiracial): In Fort Morgan, the median household income for the households where the householder is multiracial decreased by $9,046(13.89%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $65,139 in 2013 and $56,093 in 2023.
• Above analysis reconfirms that there are 5 race households in Fort Morgan. 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 Fort Morgan, CO?

Among the racial categories identified by the U.S. Census Bureau, and the American Community Survey 2019-2023 5-Year Estimates, households with American Indian and Alaska Native householders in Fort Morgan have the highest median household income at $95,680.

How does the median household income vary by race in Fort Morgan, CO?

In Fort Morgan, the median household income In Fort Morgan, a diversity of median household incomes is evident among households of different races. The American Indian and Alaska Native households boast the highest median household income at about $95,680. Some Other Race households have a median income of approximately $81,134. White households have a median income of approximately $65,791. Two or More Races households have a median income of approximately $56,093. Conversly, Black or African American households reveal the lowest median income at $55,708. These disparities underscore the varied income distribution within the city of Fort Morgan..

Which racial group has the lowest median household income according to the Census Bureau in Fort Morgan, CO?

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 Black or African American in Fort Morgan exhibit the lowest median household income at $55,708 among the identified racial categories.

What is the median household income for White households in Fort Morgan, CO?

In Fort Morgan, the median household income for the households where the householder is White increased by $8,550(14.94%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $57,241 in 2013 and $65,791 in 2023.

What is the median household income for Black or African American households in Fort Morgan, CO?

In Fort Morgan, the median household income for the households where the householder is Black or African American increased by $26,237(89.03%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $29,471 in 2013 and $55,708 in 2023.

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