Montgomery County, AL median household income diversity
Based on our analysis of the distribution of Montgomery County population by race & ethnicity, the population is predominantly Black or African American. This particular racial category constitutes the majority, accounting for 58.50% of the total residents in Montgomery County. Notably, the median household income for Black or African American households is $49,521.
Interestingly, despite the Black or African American population being the most populous, it is worth noting that White households actually reports the highest median household income, with a median income of $77,328. This reveals that, while Black or African Americans may be the most numerous in Montgomery County, White 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 County, a diversity of median household incomes is evident among households of different races. The White households boast the highest median household income at about $77,328. Some Other Race households have a median income of approximately $74,544. Asian households have a median income of approximately $70,456. Two or More Races households have a median income of approximately $64,347. Conversely, Black or African American households reveal the lowest median income at $49,521. These disparities underscore the varied income distribution within the county of Montgomery County.
Montgomery County, AL median household income trends across races
A decade typically encompasses substantial economic changes. To conduct a comprehensive analysis of these changes in Montgomery County, we have analysed how these changes have unfolded among the racial categories identified by the U.S. Census Bureau for the county of Montgomery County.
Key stats for each racial category as per our analysis of U.S. Census Bureau American Community Survey:
- White: In Montgomery County, the median household income for the households where the householder is White increased by $2,815(3.78%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $74,513 in 2012 and $77,328 in 2022.
- Black or African American: In Montgomery County, the median household income for the households where the householder is Black or African American increased by $7,446(17.70%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $42,075 in 2012 and $49,521 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 County, the median household income for the households where the householder is Asian decreased by $30,372(30.12%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $100,828 in 2012 and $70,456 in 2022.
- Native Hawaiian and Other Pacific Islander: In Montgomery County, 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 County, the median household income for the households where the householder is Some other race increased by $6,527(9.60%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $68,017 in 2012 and $74,544 in 2022.
- Two or more races (multiracial): In Montgomery County, the median household income for the households where the householder is multiracial increased by $32,390(101.35%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $31,957 in 2012 and $64,347 in 2022.
- Above analysis reconfirms that there are 5 race households in Montgomery County. Households are categorized based on the self-identified race of the head of household.
Montgomery County 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 | $86,210 | $76,849 | $74,513 | $76,348 | $75,307 | $74,838 | $76,467 | $79,468 | $84,036 | $82,532 | N/A | $76,305 | $77,328 |
| Black or African American | $42,799 | $43,075 | $42,075 | $44,621 | $39,989 | $40,619 | $40,024 | $42,670 | $46,074 | $51,767 | N/A | $39,207 | $49,521 |
| American Indian and Alaska Native | N/A | $105,833 | N/A | N/A | $76,289 | N/A | N/A | N/A | $27,428 | N/A | N/A | $116,673 | N/A |
| Asian | $82,785 | $72,399 | $100,828 | $96,107 | $82,161 | $68,448 | $87,236 | $86,737 | $120,350 | $108,207 | N/A | $101,753 | $70,456 |
| 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 | $50,135 | N/A | $30,891 | $36,566 | N/A | $34,430 | $74,544 |
| Two or More Races | N/A | $39,931 | $31,957 | $103,362 | $27,456 | $97,914 | $57,281 | N/A | $39,540 | $92,257 | N/A | $38,181 | $64,347 |
Key observations: Households with multiracial householders witnessed significant growth in median household income, marking an impressive increase of $32,390. On the other hand, households where householder is Asian experienced a notable decline, with a decrease of $30,372 in median income.