Magdalena, NM median household income diversity
Based on our analysis of the distribution of Magdalena population by race & ethnicity, the population is predominantly White. This particular racial category constitutes the majority, accounting for 73.74% of the total residents in Magdalena. Notably, the median household income for White households is not available from the U.S. Census Bureau, possibly due to insufficient sample size, confidentiality or privacy constraints..
Interestingly, despite the White population being the most populous, there is no income data available in the latest American Community Survey for it. Based on analysis from all of the data that is available, it is worth noting that Two or More Races households actually reports the highest median household income, with a median income of $9,701. This reveals that, while Whites may be the most numerous in Magdalena, Two or More Races 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).
When examining median household incomes in Magdalena, it becomes apparent that, given the non-diverse population, the income distribution is also non-diverse.
Magdalena, NM median household income trends across races
A decade typically encompasses substantial economic changes. To conduct a comprehensive analysis of these changes in Magdalena, we have analysed how these changes have unfolded among the racial categories identified by the U.S. Census Bureau for the village of Magdalena.
Key stats for each racial category as per our analysis of U.S. Census Bureau American Community Survey:
- White: In Magdalena, the median household income for White households was $42,905 in 2011(2022 inflation-adjusted dollars). However there is no reported data for 2021, indicating a lack of information for this specific year.
- Black or African American: As per the U.S. Census Bureau population data, in Magdalena, 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: The U.S. Census Bureau population data for Magdalena, indicates a lack of households led by American Indian and Alaska Native individuals. As a result, the median household income for the American Indian and Alaska Native population is not available.
- Asian: In Magdalena, 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 Magdalena, 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: According to U.S. Census Bureau population data for Magdalena, Some other race-led households are absent, rendering the median household income for the Some other race population inconclusive.
- Two or more races (multiracial): In Magdalena, there was no reported median household income for multiracial households in 2011. However, in 2021, the median household income increased to $9,701(2022 inflation-adjusted dollars), marking a significant change.
- Above analysis reconfirms that there are 1 race households in Magdalena. Households are categorized based on the self-identified race of the head of household.
Magdalena 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 | $41,355 | $42,905 | $44,356 | $41,760 | $48,089 | $33,249 | $30,152 | $30,980 | $43,597 | $49,876 | $49,858 | N/A | N/A |
| American Indian and Alaska Native | $20,239 | N/A | $9,286 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Some Other Race | $36,093 | $43,041 | $45,362 | $39,428 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Two or More Races | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $9,701 | N/A |