Median Household Income by Racial Categories in Monroe, OH , in 2023 inflation-adjusted dollars
This table presents the median household income across different racial categories in Monroe, 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 | $106,386 |
| Black or African American | $93,670 |
| Asian | $103,878 |
| Some Other Race | $79,844 |
| Two or More Races | $103,711 |
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Monroe, OH median household income diversity
Based on our analysis of the distribution of Monroe population by race & ethnicity, the population is predominantly White. This particular racial category constitutes the majority, accounting for 84.56% of the total residents in Monroe. Notably, the median household income for White households is $106,386.
Interestingly, White is both the largest group and the one with the highest median household income, which stands at $106,386.
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 2023 inflation using the Consumer Price Index retroactive series (R-CPI-U-RS).
In Monroe, a diversity of median household incomes is evident among households of different races. The White households boast the highest median household income at about $106,386. Asian households have a median income of approximately $103,878. Two or More Races households have a median income of approximately $103,711. Black or African American households have a median income of approximately $93,670. Conversly, Some Other Race households reveal the lowest median income at $79,844. These disparities underscore the varied income distribution within the city of Monroe.
Monroe, OH median household income trends across races
A decade typically encompasses substantial economic changes. To conduct a comprehensive analysis of these changes in Monroe, we have analysed how these changes have unfolded among the racial categories identified by the U.S. Census Bureau for the city of Monroe.
Key stats for each racial category as per our analysis of U.S. Census Bureau American Community Survey:
- White: In Monroe, the median household income for the households where the householder is White increased by $15,245(16.73%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $91,141 in 2013 and $106,386 in 2023.
- Black or African American: In Monroe, the median household income for the households where the householder is Black or African American increased by $50,784(118.42%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $42,886 in 2013 and $93,670 in 2023.
- 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 2013 and 2023.
- Asian: In Monroe, the median household income for the households where the householder is Asian increased by $35,429(51.76%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $68,449 in 2013 and $103,878 in 2023.
- Native Hawaiian and Other Pacific Islander: According to the U.S. Census Bureau population data for Monroe, 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 Monroe, there was no reported median household income for Some other race households in 2013. However, in 2023, the median household income increased to $79,844, marking a significant change.
- Two or more races (multiracial): In Monroe, there was no reported median household income for multiracial households in 2013. However, in 2023, the median household income increased to $103,711, marking a significant change.
- Above analysis reconfirms that there are 5 race households in Monroe. Households are categorized based on the self-identified race of the head of household.
Monroe median household income by race betwen 2013 and 2023
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 2013 to 2023, 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 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| White | $97,507 | $96,817 | $94,753 | $91,141 | $91,085 | $92,477 | $92,690 | $101,200 | $99,896 | $105,068 | $109,470 | $106,448 | $105,089 | $106,386 |
| Black or African American | $23,363 | $26,437 | $33,698 | $42,886 | $69,266 | $121,017 | $118,498 | $122,104 | $125,935 | $93,844 | $81,424 | $94,720 | $92,519 | $93,670 |
| Asian | $67,410 | $62,970 | $68,203 | $68,449 | $70,180 | N/A | N/A | $57,958 | N/A | $57,731 | N/A | $58,443 | $104,853 | $103,878 |
| Some Other Race | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $79,844 |
| 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 | $107,502 | $107,140 | $103,711 |
Things to know
Which racial group has the highest median household income according to the Census Bureau in Monroe, OH?
Among the racial categories identified by the U.S. Census Bureau, and the American Community Survey 2019-2023 5-Year Estimates, households with White householders in Monroe have the highest median household income at $106,386.
How does the median household income vary by race in Monroe, OH?
In Monroe, the median household income In Monroe, a diversity of median household incomes is evident among households of different races. The White households boast the highest median household income at about $106,386. Asian households have a median income of approximately $103,878. Two or More Races households have a median income of approximately $103,711. Black or African American households have a median income of approximately $93,670. Conversly, Some Other Race households reveal the lowest median income at $79,844. These disparities underscore the varied income distribution within the city of Monroe..
Which racial group has the lowest median household income according to the Census Bureau in Monroe, OH?
Of the racial categories outlined by the U.S. Census Bureau and the American Community Survey 2019-2023 5-Year Estimates, households headed by individuals identifying as Some Other Race in Monroe exhibit the lowest median household income at $79,844 among the identified racial categories.
What is the median household income for White households in Monroe, OH?
In Monroe, the median household income for the households where the householder is White increased by $15,245(16.73%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $91,141 in 2013 and $106,386 in 2023.
What is the median household income for Black or African American households in Monroe, OH?
In Monroe, the median household income for the households where the householder is Black or African American increased by $50,784(118.42%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $42,886 in 2013 and $93,670 in 2023.
References
- U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates
- Consumer Price Index retroactive series using current methods (R-CPI-U-RS)
