Median Household Income by Racial Categories in Grand Mound, IA , in 2023 inflation-adjusted dollars
This table presents the median household income across different racial categories in Grand Mound, 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 | $83,571 |
| Two or More Races | $99,167 |
TABLE OF CONTENTS
Grand Mound, IA median household income diversity
Based on our analysis of the distribution of Grand Mound population by race & ethnicity, the population is predominantly White. This particular racial category constitutes the majority, accounting for 93.32% of the total residents in Grand Mound. Notably, the median household income for White households is $83,571.
Interestingly, despite the White population being the most populous, it is worth noting that Two or More Races households actually reports the highest median household income, with a median income of $99,167. This reveals that, while Whites may be the most numerous in Grand Mound, Two or More Races 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).
As we explore median household incomes in Grand Mound, we observe that Two or More Races households report a median income of about $99,167, while White households earn around $83,571. These differences shed light on the income distribution within the city of Grand Mound.
Grand Mound, IA median household income trends across races
A decade typically encompasses substantial economic changes. To conduct a comprehensive analysis of these changes in Grand Mound, we have analysed how these changes have unfolded among the racial categories identified by the U.S. Census Bureau for the city of Grand Mound.
Key stats for each racial category as per our analysis of U.S. Census Bureau American Community Survey:
- White: In Grand Mound, the median household income for the households where the householder is White increased by $8,852(11.85%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $74,719 in 2013 and $83,571 in 2023.
- Black or African American: As per the U.S. Census Bureau population data, in Grand Mound, there are no households where the householder is Black or African American; hence, the median household income for the Black or African American population is not applicable.
- American Indian and Alaska Native: The U.S. Census Bureau population data for Grand Mound, indicates a lack of households led by American Indian and Alaska Native individuals. As a result, the median household income for the American Indian and Alaska Native population is not available.
- Asian: In Grand Mound, 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 Grand Mound, 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: According to U.S. Census Bureau population data for Grand Mound, Some other race-led households are absent, rendering the median household income for the Some other race population inconclusive.
- Two or more races (multiracial): In Grand Mound, there was no reported median household income for multiracial households in 2013. However, in 2023, the median household income increased to $99,167, marking a significant change.
- Above analysis reconfirms that there are 2 race households in Grand Mound. Households are categorized based on the self-identified race of the head of household.
Grand Mound 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 | $64,609 | $63,632 | $62,306 | $74,719 | $73,010 | $79,191 | $77,406 | $79,942 | $83,470 | $81,001 | $78,757 | $75,268 | $79,135 | $83,571 |
| Two or More Races | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $99,167 |
Things to know
Which racial group has the highest median household income according to the Census Bureau in Grand Mound, IA?
Among the racial categories identified by the U.S. Census Bureau, and the American Community Survey 2019-2023 5-Year Estimates, households with Two or More Races householders in Grand Mound have the highest median household income at $99,167.
How does the median household income vary by race in Grand Mound, IA?
In Grand Mound, the median household income As we explore median household incomes in Grand Mound, we observe that Two or More Races households report a median income of about $99,167, while White households earn around $83,571. These differences shed light on the income distribution within the city of Grand Mound..
Which racial group has the lowest median household income according to the Census Bureau in Grand Mound, IA?
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 Grand Mound exhibit the lowest median household income at $83,571 among the identified racial categories.
What is the median household income for White households in Grand Mound, IA?
In Grand Mound, the median household income for the households where the householder is White increased by $8,852(11.85%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $74,719 in 2013 and $83,571 in 2023.
What is the median household income for Black or African American households in Grand Mound, IA?
As per the U.S. Census Bureau population data, in Grand Mound, there are no households where the householder is Black or African American; hence, the median household income for the Black or African American population is not applicable.
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)
