Median Household Income by Racial Categories in Liberty, MS (2021, in 2022 inflation-adjusted dollars)
This table presents the median household income across different racial categories in Liberty, 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 | $68,233 |
Black or African American | $32,987 |
TABLE OF CONTENTS
Liberty, MS median household income diversity
Based on our analysis of the distribution of Liberty population by race & ethnicity, the population is predominantly White. This particular racial category constitutes the majority, accounting for 63.15% of the total residents in Liberty. Notably, the median household income for White households is $68,233.
Interestingly, White is both the largest group and the one with the highest median household income, which stands at $68,233.
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).
![Liberty, MS median household income diversity across racial categories The bar chart shows Liberty, MS median household income across all racial categories identified 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).](https://i.neilsberg.com/ch/liberty-ms-median-household-income-by-race.jpeg)
As we explore median household incomes in Liberty, we observe that White households report a median income of about $68,233, while Black or African American households earn around $32,987. These differences shed light on the income distribution within the town of Liberty.
Liberty, MS median household income trends across races
A decade typically encompasses substantial economic changes. To conduct a comprehensive analysis of these changes in Liberty, we have analysed how these changes have unfolded among the racial categories identified by the U.S. Census Bureau for the town of Liberty.
Key stats for each racial category as per our analysis of U.S. Census Bureau American Community Survey:
- White: In Liberty, the median household income for the households where the householder is White increased by $39,936(141.13%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $28,297 in 2011 and $68,233 in 2021.
- Black or African American: In Liberty, the median household income for the households where the householder is Black or African American decreased by $17,682(34.90%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $50,669 in 2011 and $32,987 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 Liberty, 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 Liberty, 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: Even though there is a population where the householder is Some other race, there was no median household income reported by the U.S. Census Bureau for both 2011 and 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 Liberty. Households are categorized based on the self-identified race of the head of household.
![Liberty, MS median household income trends across races (2011-2021, in 2022 inflation-adjusted dollars) Line chart showing Liberty, MS median household income trends for all racial categories identified by the U.S. Census Bureau. The chart illustrates income trends between 2011 and 2021, with incomes values adjusted for inflation using 2022 Consumer Price Index retroactive series using current methods. It provides insights into income disparities and variations across racial categories, aiding in data analysis and decision-making.](https://i.neilsberg.com/ch/liberty-ms-median-household-income-by-race-trends.jpeg)
Liberty 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 | $27,829 | $28,297 | $32,020 | $39,625 | $41,281 | $42,884 | $41,406 | $49,517 | $46,275 | $47,006 | $62,795 | $68,233 | N/A |
Black or African American | $47,505 | $50,669 | $28,361 | $33,120 | $51,192 | N/A | $40,560 | $39,671 | $39,323 | $35,961 | $33,668 | $32,987 | N/A |
Key observations: Households with White householders witnessed significant growth in median household income, marking an impressive increase of $39,936. On the other hand, households where householder is Black or African American experienced a notable decline, with a decrease of $17,682 in median income.
Things to know
Which racial group has the highest median household income according to the Census Bureau in Liberty, MS?
Among the racial categories identified by the U.S. Census Bureau, and the American Community Survey 2017-2021 5-Year Estimates, households with White householders in Liberty have the highest median household income at $68,233.
How does the median household income vary by race in Liberty, MS?
In Liberty, the median household income As we explore median household incomes in Liberty, we observe that White households report a median income of about $68,233, while Black or African American households earn around $32,987. These differences shed light on the income distribution within the town of Liberty..
Which racial group has the lowest median household income according to the Census Bureau in Liberty, MS?
Of the racial categories outlined by the U.S. Census Bureau and the American Community Survey 2017-2021 5-Year Estimates, households headed by individuals identifying as Black or African American in Liberty exhibit the lowest median household income at $32,987 among the identified racial categories.
What is the median household income for White households in Liberty, MS?
In Liberty, the median household income for the households where the householder is White increased by $39,936(141.13%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $28,297 in 2011 and $68,233 in 2021.
What is the median household income for Black or African American households in Liberty, MS?
In Liberty, the median household income for the households where the householder is Black or African American decreased by $17,682(34.90%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $50,669 in 2011 and $32,987 in 2021.
References
- U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates
- Consumer Price Index retroactive series using current methods (R-CPI-U-RS)