McDonald County, MO median household income diversity
Based on our analysis of the distribution of McDonald County population by race & ethnicity, the population is predominantly White. This particular racial category constitutes the majority, accounting for 77.38% of the total residents in McDonald County. Notably, the median household income for White households is $47,093.
Interestingly, despite the White population being the most populous, it is worth noting that Native Hawaiian and Other Pacific Islander households actually reports the highest median household income, with a median income of $66,206. This reveals that, while Whites may be the most numerous in McDonald County, Native Hawaiian and Other Pacific Islander 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 McDonald County, a diversity of median household incomes is evident among households of different races. The Native Hawaiian and Other Pacific Islander households boast the highest median household income at about $66,206. Asian households have a median income of approximately $57,342. White households have a median income of approximately $47,093. Two or More Races households have a median income of approximately $42,678. Black or African American households have a median income of approximately $34,573. Conversely, American Indian and Alaska Native households reveal the lowest median income at $34,074. These disparities underscore the varied income distribution within the county of McDonald County.
McDonald County, MO median household income trends across races
A decade typically encompasses substantial economic changes. To conduct a comprehensive analysis of these changes in McDonald County, we have analysed how these changes have unfolded among the racial categories identified by the U.S. Census Bureau for the county of McDonald County.
Key stats for each racial category as per our analysis of U.S. Census Bureau American Community Survey:
- White: In McDonald County, the median household income for the households where the householder is White decreased by $1,523(3.13%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $48,616 in 2011 and $47,093 in 2021.
- Black or African American: In McDonald County, the median household income for the households where the householder is Black or African American increased by $12,098(53.83%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $22,475 in 2011 and $34,573 in 2021.
- American Indian and Alaska Native: In McDonald County, there was no reported median household income for American Indian and Alaska Native households in 2011. However, in 2021, the median household income increased to $34,074(2022 inflation-adjusted dollars), marking a significant change.
- Asian: In McDonald County, the median household income for the households where the householder is Asian decreased by $35,006(37.91%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $92,348 in 2011 and $57,342 in 2021.
- Native Hawaiian and Other Pacific Islander: In McDonald County, there was no reported median household income for Native Hawaiian and Other Pacific Islander households in 2011. However, in 2021, the median household income increased to $66,206(2022 inflation-adjusted dollars), marking a significant change.
- Some other race: In McDonald County, the median household income for Some other race households was $50,552 in 2011(2022 inflation-adjusted dollars). However there is no reported data for 2021, indicating a lack of information for this specific year.
- Two or more races (multiracial): In McDonald County, there was no reported median household income for multiracial households in 2011. However, in 2021, the median household income increased to $42,678(2022 inflation-adjusted dollars), marking a significant change.
- Above analysis reconfirms that there are 6 race households in McDonald County. Households are categorized based on the self-identified race of the head of household.
McDonald County 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 | $49,049 | $48,616 | $46,841 | $48,098 | $48,416 | $48,689 | $48,841 | $51,006 | $51,402 | $48,945 | $48,591 | $47,093 | N/A |
| Black or African American | $58,468 | $22,475 | $19,852 | $20,434 | $20,000 | $20,256 | $34,823 | $41,916 | $35,971 | $33,848 | $42,538 | $34,573 | N/A |
| American Indian and Alaska Native | $55,095 | N/A | $76,047 | $59,379 | $35,679 | $33,295 | $29,604 | $31,101 | $30,093 | $37,419 | $36,512 | $34,074 | N/A |
| Asian | $92,388 | $92,348 | $89,834 | $59,229 | $56,104 | $36,967 | $36,360 | N/A | $54,069 | $58,128 | $57,224 | $57,342 | N/A |
| Native Hawaiian and Other Pacific Islander | N/A | N/A | $86,988 | $64,873 | $35,485 | $30,087 | $29,405 | $28,399 | $28,057 | $27,434 | $65,565 | $66,206 | N/A |
| Some Other Race | $76,460 | $50,552 | $44,100 | $39,428 | $32,737 | $32,976 | $48,210 | $61,129 | $57,722 | $59,325 | N/A | N/A | N/A |
| Two or More Races | $39,951 | N/A | $36,111 | $33,796 | $35,593 | $33,800 | $36,575 | $31,437 | $31,443 | $30,961 | $64,195 | $42,678 | N/A |
Key observations: Households with Native Hawaiian and Other Pacific Islander householders witnessed significant growth in median household income, marking an impressive increase of $66,206. On the other hand, households where householder is Some other race experienced a notable decline, with a decrease of $50,552 in median income.