Median Household Income by Racial Categories in Guilford County, NC , in 2023 inflation-adjusted dollars
This table presents the median household income across different racial categories in Guilford 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 | $80,417 |
| Black or African American | $49,303 |
| American Indian and Alaska Native | $45,417 |
| Asian | $84,691 |
| Some Other Race | $51,881 |
| Two or More Races | $62,530 |
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Guilford County, NC median household income diversity
Based on our analysis of the distribution of Guilford County population by race & ethnicity, the population is predominantly White. This particular racial category constitutes the majority, accounting for 49.13% of the total residents in Guilford County. Notably, the median household income for White households is $80,417.
Interestingly, despite the White population being the most populous, it is worth noting that Asian households actually reports the highest median household income, with a median income of $84,691. This reveals that, while Whites may be the most numerous in Guilford County, Asian 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 Guilford County, a diversity of median household incomes is evident among households of different races. The Asian households boast the highest median household income at about $84,691. White households have a median income of approximately $80,417. Two or More Races households have a median income of approximately $62,530. Some Other Race households have a median income of approximately $51,881. Black or African American households have a median income of approximately $49,303. Conversly, American Indian and Alaska Native households reveal the lowest median income at $45,417. These disparities underscore the varied income distribution within the county of Guilford County.
Guilford County, NC median household income trends across races
A decade typically encompasses substantial economic changes. To conduct a comprehensive analysis of these changes in Guilford County, we have analysed how these changes have unfolded among the racial categories identified by the U.S. Census Bureau for the county of Guilford County.
Key stats for each racial category as per our analysis of U.S. Census Bureau American Community Survey:
- White: In Guilford County, the median household income for the households where the householder is White increased by $6,866(9.34%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $73,551 in 2013 and $80,417 in 2023.
- Black or African American: In Guilford County, the median household income for the households where the householder is Black or African American increased by $6,165(14.29%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $43,138 in 2013 and $49,303 in 2023.
- American Indian and Alaska Native: In Guilford County, the median household income for the households where the householder is American Indian and Alaska Native decreased by $16,000(26.05%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $61,417 in 2013 and $45,417 in 2023.
- Asian: In Guilford County, the median household income for the households where the householder is Asian increased by $20,928(32.82%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $63,763 in 2013 and $84,691 in 2023.
- Native Hawaiian and Other Pacific Islander: In Guilford County, the median household income for Native Hawaiian and Other Pacific Islander households was $49,415 in 2013(2023 inflation-adjusted dollars). However there is no reported data for 2023, indicating a lack of information for this specific year.
- Some other race: In Guilford County, the median household income for the households where the householder is Some other race increased by $7,361(16.53%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $44,520 in 2013 and $51,881 in 2023.
- Two or more races (multiracial): In Guilford County, the median household income for the households where the householder is multiracial increased by $22,739(57.15%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $39,791 in 2013 and $62,530 in 2023.
- Above analysis reconfirms that there are 6 race households in Guilford County. Households are categorized based on the self-identified race of the head of household.
Guilford 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 | $78,637 | $77,045 | $75,462 | $73,551 | $71,918 | $73,166 | $74,115 | $75,799 | $76,481 | $77,514 | $78,600 | $80,427 | $80,446 | $80,417 |
| Black or African American | $45,420 | $45,253 | $44,837 | $43,138 | $43,320 | $43,834 | $43,450 | $44,068 | $44,665 | $46,049 | $47,782 | $49,196 | $48,828 | $49,303 |
| American Indian and Alaska Native | $50,258 | N/A | $54,405 | $61,417 | $56,742 | $61,095 | $60,265 | $58,298 | $52,495 | $46,430 | $46,257 | $42,066 | $42,478 | $45,417 |
| Asian | $65,490 | $62,735 | $65,024 | $63,763 | $60,721 | $62,412 | $65,667 | $66,616 | $67,955 | $76,024 | $79,024 | $82,622 | $85,971 | $84,691 |
| Native Hawaiian and Other Pacific Islander | $9,493 | N/A | $3,333 | $49,415 | $49,198 | $50,049 | $48,758 | $50,423 | N/A | N/A | N/A | N/A | N/A | N/A |
| Some Other Race | $43,851 | $41,191 | $43,836 | $44,520 | $46,216 | $42,574 | $46,779 | $47,773 | $45,713 | $47,229 | $52,744 | $47,074 | $50,593 | $51,881 |
| Two or More Races | $56,472 | N/A | $50,862 | $39,791 | $36,537 | $39,886 | $40,645 | $45,779 | $50,522 | $55,858 | $57,017 | $59,621 | $58,784 | $62,530 |
Things to know
Which racial group has the highest median household income according to the Census Bureau in Guilford County, NC?
Among the racial categories identified by the U.S. Census Bureau, and the American Community Survey 2019-2023 5-Year Estimates, households with Asian householders in Guilford County have the highest median household income at $84,691.
How does the median household income vary by race in Guilford County, NC?
In Guilford County, the median household income In Guilford County, a diversity of median household incomes is evident among households of different races. The Asian households boast the highest median household income at about $84,691. White households have a median income of approximately $80,417. Two or More Races households have a median income of approximately $62,530. Some Other Race households have a median income of approximately $51,881. Black or African American households have a median income of approximately $49,303. Conversly, American Indian and Alaska Native households reveal the lowest median income at $45,417. These disparities underscore the varied income distribution within the county of Guilford County..
Which racial group has the lowest median household income according to the Census Bureau in Guilford County, NC?
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 American Indian and Alaska Native in Guilford County exhibit the lowest median household income at $45,417 among the identified racial categories.
What is the median household income for White households in Guilford County, NC?
In Guilford County, the median household income for the households where the householder is White increased by $6,866(9.34%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $73,551 in 2013 and $80,417 in 2023.
What is the median household income for Black or African American households in Guilford County, NC?
In Guilford County, the median household income for the households where the householder is Black or African American increased by $6,165(14.29%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $43,138 in 2013 and $49,303 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)