Median Household Income by Racial Categories in Gilpin County, CO , in 2023 inflation-adjusted dollars
This table presents the median household income across different racial categories in Gilpin 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 | $95,625 |
TABLE OF CONTENTS
Gilpin County, CO median household income diversity
Based on our analysis of the distribution of Gilpin County population by race & ethnicity, the population is predominantly White. This particular racial category constitutes the majority, accounting for 88.45% of the total residents in Gilpin County. Notably, the median household income for White households is $95,625.
Interestingly, White is both the largest group and the one with the highest median household income, which stands at $95,625.
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).
When examining median household incomes in Gilpin County, it becomes apparent that, given the non-diverse population, the income distribution is also non-diverse.
Gilpin County, CO median household income trends across races
A decade typically encompasses substantial economic changes. To conduct a comprehensive analysis of these changes in Gilpin County, we have analysed how these changes have unfolded among the racial categories identified by the U.S. Census Bureau for the county of Gilpin County.
Key stats for each racial category as per our analysis of U.S. Census Bureau American Community Survey:
- White: In Gilpin County, the median household income for the households where the householder is White increased by $8,739(10.06%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $86,886 in 2013 and $95,625 in 2023.
- Black or African American: Even though there is a population where the householder is Black or African American, there was no median household income reported by the U.S. Census Bureau for both 2013 and 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 Gilpin County, the median household income for Asian households was $58,414 in 2013(2023 inflation-adjusted dollars). However there is no reported data for 2023, indicating a lack of information for this specific year.
- Native Hawaiian and Other Pacific Islander: According to the U.S. Census Bureau population data for Gilpin County, 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 Gilpin County, the median household income for Some other race households was $82,917 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 Gilpin County, the median household income for multiracial households was $73,282 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 1 race households in Gilpin County. Households are categorized based on the self-identified race of the head of household.
Gilpin 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 | $84,698 | $81,510 | $82,876 | $86,886 | $86,955 | $85,410 | $87,080 | $90,986 | $91,284 | $93,287 | $109,081 | $111,243 | $102,043 | $95,625 |
| Black or African American | $49,578 | $51,738 | $41,971 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| American Indian and Alaska Native | $106,776 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $62,717 | $111,190 | $113,205 | N/A |
| Asian | $141,080 | $139,934 | $140,657 | $58,414 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Some Other Race | N/A | $86,411 | $84,456 | $82,917 | $85,111 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Two or More Races | $60,764 | N/A | $73,975 | $73,282 | $54,380 | $92,717 | $76,184 | N/A | $100,666 | N/A | N/A | $18,589 | N/A | N/A |
Things to know
Which racial group has the highest median household income according to the Census Bureau in Gilpin County, CO?
For Gilpin County, households headed by individuals identifying as White display both the highest and lowest median household income among the identified racial categories according to the U.S. Census Bureau and the American Community Survey 2019-2023 5-Year Estimates, at $95,625.
How does the median household income vary by race in Gilpin County, CO?
In Gilpin County, the median household income When examining median household incomes in Gilpin County, it becomes apparent that, given the non-diverse population, the income distribution is also non-diverse..
Which racial group has the lowest median household income according to the Census Bureau in Gilpin County, CO?
In Gilpin County the sole racial category, White, represents both the highest and lowest median household income levels among the identified racial groups, based on data from the U.S. Census Bureau and the American Community Survey 2019-2023 5-Year Estimates, at $95,625.
What is the median household income for White households in Gilpin County, CO?
In Gilpin County, the median household income for the households where the householder is White increased by $8,739(10.06%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $86,886 in 2013 and $95,625 in 2023.
What is the median household income for Black or African American households in Gilpin County, CO?
Even though there is a population where the householder is Black or African American, there was no median household income reported by the U.S. Census Bureau for both 2013 and 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)
