Median Household Income by Racial Categories in Montgomery, AL (2022)
This table presents the median household income across different racial categories in Montgomery, based on the latest 1-Year estimates from the American Community Survey.
Race Of The Head Of Household | Median Household Income |
---|---|
White | $70,075 |
Black or African American | $48,784 |
Asian | $68,896 |
Some Other Race | $85,100 |
Two or More Races | $62,986 |
TABLE OF CONTENTS
Montgomery, AL median household income diversity
Based on our analysis of the distribution of Montgomery population by race & ethnicity, the population is predominantly Black or African American. This particular racial category constitutes the majority, accounting for 61.61% of the total residents in Montgomery. Notably, the median household income for Black or African American households is $48,784.
Interestingly, despite the Black or African American 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 $85,100. This reveals that, while Black or African Americans may be the most numerous in Montgomery, 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.
In Montgomery, a diversity of median household incomes is evident among households of different races. The Some Other Race households boast the highest median household income at about $85,100. White households have a median income of approximately $70,075. Asian households have a median income of approximately $68,896. Two or More Races households have a median income of approximately $62,986. Conversely, Black or African American households reveal the lowest median income at $48,784. These disparities underscore the varied income distribution within the city of Montgomery.
Montgomery, AL median household income trends across races
A decade typically encompasses substantial economic changes. To conduct a comprehensive analysis of these changes in Montgomery, we have analysed how these changes have unfolded among the racial categories identified by the U.S. Census Bureau for the city of Montgomery.
Key stats for each racial category as per our analysis of U.S. Census Bureau American Community Survey:
- White: In Montgomery, the median household income for the households where the householder is White decreased by $1,661(2.32%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $71,736 in 2012 and $70,075 in 2022.
- Black or African American: In Montgomery, the median household income for the households where the householder is Black or African American increased by $8,586(21.36%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $40,198 in 2012 and $48,784 in 2022.
- 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 2012 and 2022.
- Asian: In Montgomery, the median household income for the households where the householder is Asian decreased by $31,828(31.60%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $100,724 in 2012 and $68,896 in 2022.
- Native Hawaiian and Other Pacific Islander: In Montgomery, the median household income for Native Hawaiian and Other Pacific Islander households was $3,201 in 2012(2022 inflation-adjusted dollars). However there is no reported data for 2022, indicating a lack of information for this specific year.
- Some other race: In Montgomery, the median household income for the households where the householder is Some other race increased by $17,083(25.12%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $68,017 in 2012 and $85,100 in 2022.
- Two or more races (multiracial): In Montgomery, the median household income for the households where the householder is multiracial increased by $32,707(108.02%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $30,279 in 2012 and $62,986 in 2022.
- Above analysis reconfirms that there are 5 race households in Montgomery. Households are categorized based on the self-identified race of the head of household.
Montgomery median household income by race betwen 2012 and 2022
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 2012 to 2022, 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 | $85,026 | $75,658 | $71,736 | $75,230 | $70,348 | $75,353 | $72,130 | $76,597 | $84,368 | $76,273 | N/A | $71,639 | $70,075 |
Black or African American | $42,935 | $42,801 | $40,198 | $43,488 | $40,162 | $40,509 | $38,846 | $41,029 | $46,089 | $49,986 | N/A | $38,424 | $48,784 |
American Indian and Alaska Native | N/A | $105,833 | N/A | N/A | $76,289 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Asian | $64,624 | $70,936 | $100,724 | $89,153 | $81,853 | $74,722 | $87,357 | $86,172 | $118,619 | $106,822 | N/A | $84,265 | $68,896 |
Native Hawaiian and Other Pacific Islander | N/A | N/A | $3,201 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Some Other Race | N/A | $40,231 | $68,017 | $29,130 | N/A | N/A | $47,261 | N/A | $30,891 | $36,566 | N/A | $34,430 | $85,100 |
Two or More Races | N/A | $40,037 | $30,279 | $102,634 | $26,425 | $97,086 | $57,695 | N/A | $39,778 | $92,257 | N/A | $36,948 | $62,986 |
Key observations: Households with multiracial householders witnessed significant growth in median household income, marking an impressive increase of $32,707. On the other hand, households where householder is Asian experienced a notable decline, with a decrease of $31,828 in median income.
Things to know
Which racial group has the highest median household income according to the Census Bureau in Montgomery, AL?
Among the racial categories identified by the U.S. Census Bureau, and the American Community Survey 2022 1-Year Estimates, households with Some Other Race householders in Montgomery have the highest median household income at $85,100.
How does the median household income vary by race in Montgomery, AL?
In Montgomery, the median household income In Montgomery, a diversity of median household incomes is evident among households of different races. The Some Other Race households boast the highest median household income at about $85,100. White households have a median income of approximately $70,075. Asian households have a median income of approximately $68,896. Two or More Races households have a median income of approximately $62,986. Conversely, Black or African American households reveal the lowest median income at $48,784. These disparities underscore the varied income distribution within the city of Montgomery..
Which racial group has the lowest median household income according to the Census Bureau in Montgomery, AL?
Of the racial categories outlined by the U.S. Census Bureau and the American Community Survey 2022 1-Year Estimates, households headed by individuals identifying as Black or African American in Montgomery exhibit the lowest median household income at $48,784 among the identified racial categories.
What is the median household income for White households in Montgomery, AL?
In Montgomery, the median household income for the households where the householder is White decreased by $1,661(2.32%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $71,736 in 2012 and $70,075 in 2022.
What is the median household income for Black or African American households in Montgomery, AL?
In Montgomery, the median household income for the households where the householder is Black or African American increased by $8,586(21.36%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $40,198 in 2012 and $48,784 in 2022.
References
- U.S. Census Bureau American Community Survey (ACS) 2022 1-Year Estimates
- Consumer Price Index retroactive series using current methods (R-CPI-U-RS)