Iowa City, IA median household income diversity
Based on our analysis of the distribution of Iowa City population by race & ethnicity, the population is predominantly White. This particular racial category constitutes the majority, accounting for 76.55% of the total residents in Iowa City. Notably, the median household income for White households is $60,173.
Interestingly, White is both the largest group and the one with the highest median household income, which stands at $60,173.
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.
As we explore median household incomes in Iowa City, we observe that White households report a median income of about $60,173, Two or More Races households report a median income of about $50,260 and Black or African American households earn roughly $24,399. These differences shed light on the income distribution within the city of Iowa City.
Iowa City, IA median household income trends across races
A decade typically encompasses substantial economic changes. To conduct a comprehensive analysis of these changes in Iowa City, we have analysed how these changes have unfolded among the racial categories identified by the U.S. Census Bureau for the city of Iowa City.
Key stats for each racial category as per our analysis of U.S. Census Bureau American Community Survey:
- White: In Iowa City, the median household income for the households where the householder is White increased by $7,210(13.61%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $52,963 in 2012 and $60,173 in 2022.
- Black or African American: In Iowa City, the median household income for the households where the householder is Black or African American decreased by $5,654(18.81%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $30,053 in 2012 and $24,399 in 2022.
- 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 2012 and 2022.
- Asian: In Iowa City, the median household income for Asian households was $49,422 in 2012(2022 inflation-adjusted dollars). However there is no reported data for 2022, indicating a lack of information for this specific year.
- Native Hawaiian and Other Pacific Islander: Even though there is a population where the householder is Native Hawaiian and Other Pacific Islander, there was no median household income reported by the U.S. Census Bureau for both 2012 and 2022.
- Some other race: In Iowa City, the median household income for Some other race households was $81,275 in 2012(2022 inflation-adjusted dollars). However there is no reported data for 2022, indicating a lack of information for this specific year.
- Two or more races (multiracial): In Iowa City, the median household income for the households where the householder is multiracial increased by $13,615(37.15%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $36,645 in 2012 and $50,260 in 2022.
- Above analysis reconfirms that there are 3 race households in Iowa City. Households are categorized based on the self-identified race of the head of household.
Iowa City median household income by race betwen 2012 and 2022
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 2012 to 2022, 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 | $54,889 | $57,627 | $52,963 | $52,294 | $58,717 | $64,602 | $63,513 | $63,155 | $64,398 | $66,576 | N/A | $68,214 | $60,173 |
| Black or African American | N/A | $21,576 | $30,053 | $20,230 | $41,925 | $32,384 | $28,263 | $35,451 | $23,903 | $38,207 | N/A | $39,250 | $24,399 |
| American Indian and Alaska Native | N/A | $39,227 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Asian | $79,307 | $49,488 | $49,422 | $45,681 | N/A | $62,671 | N/A | N/A | N/A | N/A | N/A | $94,988 | N/A |
| Some Other Race | N/A | $47,996 | $81,275 | $43,473 | $68,982 | N/A | $55,653 | N/A | N/A | $55,517 | N/A | $79,073 | N/A |
| Two or More Races | $25,802 | N/A | $36,645 | $27,066 | N/A | N/A | N/A | $26,591 | N/A | $36,033 | N/A | $37,329 | $50,260 |
Key observations: Households with multiracial householders witnessed significant growth in median household income, marking an impressive increase of $13,615. On the other hand, households where householder is Some other race experienced a notable decline, with a decrease of $81,275 in median income.