Halfmoon, New York median household income diversity
Based on our analysis of the distribution of Halfmoon town population by race & ethnicity, the population is predominantly White. This particular racial category constitutes the majority, accounting for 88.46% of the total residents in Halfmoon town. Notably, the median household income for White households is $106,421.
Interestingly, despite the White 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 $149,977. This reveals that, while Whites may be the most numerous in Halfmoon town, 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 2022 inflation using the Consumer Price Index retroactive series (R-CPI-U-RS).
In Halfmoon town, 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 $149,977. Asian households have a median income of approximately $140,089. Some Other Race households have a median income of approximately $118,514. White households have a median income of approximately $106,421. Conversely, Two or More Races households reveal the lowest median income at $63,776. These disparities underscore the varied income distribution within the town of Halfmoon town.
Halfmoon, New York median household income trends across races
A decade typically encompasses substantial economic changes. To conduct a comprehensive analysis of these changes in Halfmoon town, we have analysed how these changes have unfolded among the racial categories identified by the U.S. Census Bureau for the town of Halfmoon town.
Key stats for each racial category as per our analysis of U.S. Census Bureau American Community Survey:
- White: In Halfmoon town, the median household income for the households where the householder is White increased by $21,039(24.64%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $85,382 in 2011 and $106,421 in 2021.
- Black or African American: In Halfmoon town, the median household income for the households where the householder is Black or African American increased by $76,017(102.78%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $73,960 in 2011 and $149,977 in 2021.
- 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 2011 and 2021.
- Asian: In Halfmoon town, the median household income for the households where the householder is Asian increased by $8,143(6.17%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $131,946 in 2011 and $140,089 in 2021.
- Native Hawaiian and Other Pacific Islander: According to the U.S. Census Bureau population data for Halfmoon town, 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 Halfmoon town, the median household income for the households where the householder is Some other race increased by $32,927(38.47%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $85,587 in 2011 and $118,514 in 2021.
- Two or more races (multiracial): In Halfmoon town, there was no reported median household income for multiracial households in 2011. However, in 2021, the median household income increased to $63,776(2022 inflation-adjusted dollars), marking a significant change.
- Above analysis reconfirms that there are 5 race households in Halfmoon town. Households are categorized based on the self-identified race of the head of household.
Halfmoon town median household income by race betwen 2011 and 2021
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 2011 to 2021, 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| White | $86,771 | $85,382 | $83,194 | $80,884 | $82,015 | $82,182 | $85,795 | $87,797 | $96,509 | $96,755 | $97,566 | $106,421 | N/A |
| Black or African American | $81,140 | $73,960 | $75,407 | $80,433 | $83,303 | $98,668 | $96,317 | $97,536 | $113,031 | $109,619 | $151,035 | $149,977 | N/A |
| Asian | $169,644 | $131,946 | $133,146 | $126,664 | $125,020 | $124,855 | $125,612 | $125,322 | $126,989 | $138,823 | $140,451 | $140,089 | N/A |
| Some Other Race | $83,580 | $85,587 | $79,291 | N/A | N/A | N/A | N/A | N/A | $117,664 | N/A | $116,652 | $118,514 | N/A |
| Two or More Races | $70,275 | N/A | $144,380 | $53,353 | $51,653 | $51,460 | N/A | N/A | N/A | N/A | $63,739 | $63,776 | N/A |
Key observations: Households with Black or African American householders witnessed significant growth in median household income, marking an impressive increase of $76,017. Among all racial categories, there was no instance of householders experiencing a decline in median household income, indicating a consistent or upward trend across all household demographics.