La Verkin, UT median household income diversity
Based on our analysis of the distribution of La Verkin population by race & ethnicity, the population is predominantly White. This particular racial category constitutes the majority, accounting for 85.32% of the total residents in La Verkin. Notably, the median household income for White households is $59,533.
Interestingly, despite the White population being the most populous, it is worth noting that Some Other Race households actually reports the highest median household income, with a median income of $60,064. This reveals that, while Whites may be the most numerous in La Verkin, Some Other Race 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).
As we explore median household incomes in La Verkin, we observe that Some Other Race households report a median income of about $60,064, while White households earn around $59,533. These differences shed light on the income distribution within the city of La Verkin.
La Verkin, UT median household income trends across races
A decade typically encompasses substantial economic changes. To conduct a comprehensive analysis of these changes in La Verkin, we have analysed how these changes have unfolded among the racial categories identified by the U.S. Census Bureau for the city of La Verkin.
Key stats for each racial category as per our analysis of U.S. Census Bureau American Community Survey:
- White: In La Verkin, the median household income for the households where the householder is White decreased by $5,965(9.11%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $65,498 in 2011 and $59,533 in 2021.
- Black or African American: As per the U.S. Census Bureau population data, in La Verkin, 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: 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 La Verkin, 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 La Verkin, 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 La Verkin, the median household income for the households where the householder is Some other race decreased by $18,434(23.48%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $78,498 in 2011 and $60,064 in 2021.
- Two or more races (multiracial): Even though there is a population where the householder is multiracial, there was no median household income reported by the U.S. Census Bureau for both 2011 and 2021.
- Above analysis reconfirms that there are 2 race households in La Verkin. Households are categorized based on the self-identified race of the head of household.
La Verkin 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 | $60,059 | $65,498 | $52,833 | $52,475 | $48,089 | $48,980 | $48,546 | $56,823 | $60,295 | $60,483 | $56,132 | $59,533 | N/A |
| Some Other Race | $70,182 | $78,498 | $59,522 | N/A | N/A | N/A | $91,730 | $50,854 | $59,080 | $60,965 | $60,740 | $60,064 | N/A |
| Two or More Races | N/A | N/A | N/A | N/A | N/A | N/A | $128,653 | N/A | N/A | N/A | N/A | N/A | N/A |
Key observations: X Households where householder is Some other race experienced a notable decline, with a decrease of $18,434 in median income. No racial category of householders experienced an increase in median household income; instead, declines were observed across the various demographics, signaling a uniform trend of decreasing incomes among households.