Median Household Income by Racial Categories in Montville, Connecticut (2021, in 2022 inflation-adjusted dollars)
This table presents the median household income across different racial categories in Montville town, 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 | $95,410 |
Black or African American | $113,243 |
American Indian and Alaska Native | $51,343 |
Asian | $81,454 |
Some Other Race | $71,310 |
Two or More Races | $62,423 |
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Montville, Connecticut median household income diversity
Based on our analysis of the distribution of Montville town population by race & ethnicity, the population is predominantly White. This particular racial category constitutes the majority, accounting for 78.70% of the total residents in Montville town. Notably, the median household income for White households is $95,410.
Interestingly, despite the White population being the most populous, it is worth noting that Black or African American households actually reports the highest median household income, with a median income of $113,243. This reveals that, while Whites may be the most numerous in Montville town, Black or African American 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 Montville town, a diversity of median household incomes is evident among households of different races. The Black or African American households boast the highest median household income at about $113,243. White households have a median income of approximately $95,410. Asian households have a median income of approximately $81,454. Some Other Race households have a median income of approximately $71,310. Two or More Races households have a median income of approximately $62,423. Conversely, American Indian and Alaska Native households reveal the lowest median income at $51,343. These disparities underscore the varied income distribution within the town of Montville town.
Montville, Connecticut median household income trends across races
A decade typically encompasses substantial economic changes. To conduct a comprehensive analysis of these changes in Montville town, we have analysed how these changes have unfolded among the racial categories identified by the U.S. Census Bureau for the town of Montville town.
Key stats for each racial category as per our analysis of U.S. Census Bureau American Community Survey:
- White: In Montville town, the median household income for the households where the householder is White increased by $5,947(6.65%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $89,463 in 2011 and $95,410 in 2021.
- Black or African American: In Montville town, the median household income for the households where the householder is Black or African American increased by $62,045(121.19%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $51,198 in 2011 and $113,243 in 2021.
- American Indian and Alaska Native: In Montville town, 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 $51,343(2022 inflation-adjusted dollars), marking a significant change.
- Asian: In Montville town, the median household income for the households where the householder is Asian decreased by $17,803(17.94%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $99,257 in 2011 and $81,454 in 2021.
- Native Hawaiian and Other Pacific Islander: According to the U.S. Census Bureau population data for Montville town, 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 Montville town, the median household income for the households where the householder is Some other race decreased by $13,566(15.98%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $84,876 in 2011 and $71,310 in 2021.
- Two or more races (multiracial): In Montville town, there was no reported median household income for multiracial households in 2011. However, in 2021, the median household income increased to $62,423(2022 inflation-adjusted dollars), marking a significant change.
- Above analysis reconfirms that there are 6 race households in Montville town. Households are categorized based on the self-identified race of the head of household.
Montville town 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 | $88,623 | $89,463 | $88,801 | $90,046 | $87,381 | $89,084 | $92,064 | $90,599 | $85,637 | $85,967 | $97,427 | $95,410 | N/A |
Black or African American | $112,776 | $51,198 | $49,539 | $73,312 | $69,634 | $70,571 | $69,334 | $75,438 | $112,017 | N/A | $114,294 | $113,243 | N/A |
American Indian and Alaska Native | $70,443 | N/A | $70,227 | $69,090 | $113,631 | $111,706 | $99,629 | $63,985 | $66,052 | $63,450 | N/A | $51,343 | N/A |
Asian | $86,315 | $99,257 | $101,199 | $77,423 | $72,134 | $88,812 | $86,512 | $87,652 | $88,879 | $87,695 | $74,127 | $81,454 | N/A |
Some Other Race | $97,935 | $84,876 | $81,158 | $83,110 | N/A | N/A | N/A | $70,424 | $100,048 | $89,018 | $71,125 | $71,310 | N/A |
Two or More Races | $42,494 | N/A | $51,738 | $63,572 | $62,858 | $63,679 | $68,798 | $64,707 | N/A | $67,100 | N/A | $62,423 | N/A |
Key observations: Households with multiracial householders witnessed significant growth in median household income, marking an impressive increase of $62,423. On the other hand, households where householder is Asian experienced a notable decline, with a decrease of $17,803 in median income.
Things to know
Which racial group has the highest median household income according to the Census Bureau in Montville, Connecticut?
Among the racial categories identified by the U.S. Census Bureau, and the American Community Survey 2017-2021 5-Year Estimates, households with Black or African American householders in Montville town have the highest median household income at $113,243.
How does the median household income vary by race in Montville, Connecticut?
In Montville town, the median household income In Montville town, a diversity of median household incomes is evident among households of different races. The Black or African American households boast the highest median household income at about $113,243. White households have a median income of approximately $95,410. Asian households have a median income of approximately $81,454. Some Other Race households have a median income of approximately $71,310. Two or More Races households have a median income of approximately $62,423. Conversely, American Indian and Alaska Native households reveal the lowest median income at $51,343. These disparities underscore the varied income distribution within the town of Montville town..
Which racial group has the lowest median household income according to the Census Bureau in Montville, Connecticut?
Of the racial categories outlined by the U.S. Census Bureau and the American Community Survey 2017-2021 5-Year Estimates, households headed by individuals identifying as American Indian and Alaska Native in Montville town exhibit the lowest median household income at $51,343 among the identified racial categories.
What is the median household income for White households in Montville, Connecticut?
In Montville town, the median household income for the households where the householder is White increased by $5,947(6.65%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $89,463 in 2011 and $95,410 in 2021.
What is the median household income for Black or African American households in Montville, Connecticut?
In Montville town, the median household income for the households where the householder is Black or African American increased by $62,045(121.19%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $51,198 in 2011 and $113,243 in 2021.
References
- U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates
- Consumer Price Index retroactive series using current methods (R-CPI-U-RS)