Median Household Income by Racial Categories in Morgan County, TN (2021, in 2022 inflation-adjusted dollars)
This table presents the median household income across different racial categories in Morgan County, 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 | $48,774 |
Two or More Races | $54,406 |
TABLE OF CONTENTS
Morgan County, TN median household income diversity
Based on our analysis of the distribution of Morgan County population by race & ethnicity, the population is predominantly White. This particular racial category constitutes the majority, accounting for 91.88% of the total residents in Morgan County. Notably, the median household income for White households is $48,774.
Interestingly, despite the White population being the most populous, it is worth noting that Two or More Races households actually reports the highest median household income, with a median income of $54,406. This reveals that, while Whites may be the most numerous in Morgan County, Two or More Races 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).
![Morgan County, TN median household income diversity across racial categories The bar chart shows Morgan County, TN median household income across all racial categories identified 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).](https://i.neilsberg.com/ch/morgan-county-tn-median-household-income-by-race.jpeg)
As we explore median household incomes in Morgan County, we observe that Two or More Races households report a median income of about $54,406, while White households earn around $48,774. These differences shed light on the income distribution within the county of Morgan County.
Morgan County, TN median household income trends across races
A decade typically encompasses substantial economic changes. To conduct a comprehensive analysis of these changes in Morgan County, we have analysed how these changes have unfolded among the racial categories identified by the U.S. Census Bureau for the county of Morgan County.
Key stats for each racial category as per our analysis of U.S. Census Bureau American Community Survey:
- White: In Morgan County, the median household income for the households where the householder is White decreased by $26(0.05%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $48,800 in 2011 and $48,774 in 2021.
- Black or African American: Even though there is a population where the householder is Black or African American, there was no median household income reported by the U.S. Census Bureau for both 2011 and 2021.
- 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 2011 and 2021.
- Asian: In Morgan County, the median household income for Asian households was $73,333 in 2011(2022 inflation-adjusted dollars). However there is no reported data for 2021, indicating a lack of information for this specific year.
- Native Hawaiian and Other Pacific Islander: Even though there is a population where the householder is Native Hawaiian and Other Pacific Islander, there was no median household income reported by the U.S. Census Bureau for both 2011 and 2021.
- Some other race: Even though there is a population where the householder is Some other race, there was no median household income reported by the U.S. Census Bureau for both 2011 and 2021.
- Two or more races (multiracial): In Morgan County, there was no reported median household income for multiracial households in 2011. However, in 2021, the median household income increased to $54,406(2022 inflation-adjusted dollars), marking a significant change.
- Above analysis reconfirms that there are 2 race households in Morgan County. Households are categorized based on the self-identified race of the head of household.
![Morgan County, TN median household income trends across races (2011-2021, in 2022 inflation-adjusted dollars) Line chart showing Morgan County, TN median household income trends for all racial categories identified by the U.S. Census Bureau. The chart illustrates income trends between 2011 and 2021, with incomes values adjusted for inflation using 2022 Consumer Price Index retroactive series using current methods. It provides insights into income disparities and variations across racial categories, aiding in data analysis and decision-making.](https://i.neilsberg.com/ch/morgan-county-tn-median-household-income-by-race-trends.jpeg)
Morgan 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 | $49,732 | $48,800 | $48,687 | $47,369 | $47,260 | $48,388 | $48,648 | $48,720 | $46,956 | $47,479 | $47,249 | $48,774 | N/A |
American Indian and Alaska Native | $11,217 | N/A | $17,134 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Asian | $72,336 | $73,333 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Two or More Races | $31,202 | N/A | $30,820 | $49,894 | $28,233 | $56,453 | N/A | $55,090 | $55,896 | $54,540 | $55,177 | $54,406 | N/A |
Key observations: Households with multiracial householders witnessed significant growth in median household income, marking an impressive increase of $54,406. On the other hand, households where householder is Asian experienced a notable decline, with a decrease of $73,333 in median income.
Things to know
Which racial group has the highest median household income according to the Census Bureau in Morgan County, TN?
Among the racial categories identified by the U.S. Census Bureau, and the American Community Survey 2017-2021 5-Year Estimates, households with Two or More Races householders in Morgan County have the highest median household income at $54,406.
How does the median household income vary by race in Morgan County, TN?
In Morgan County, the median household income As we explore median household incomes in Morgan County, we observe that Two or More Races households report a median income of about $54,406, while White households earn around $48,774. These differences shed light on the income distribution within the county of Morgan County..
Which racial group has the lowest median household income according to the Census Bureau in Morgan County, TN?
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 White in Morgan County exhibit the lowest median household income at $48,774 among the identified racial categories.
What is the median household income for White households in Morgan County, TN?
In Morgan County, the median household income for the households where the householder is White decreased by $26(0.05%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $48,800 in 2011 and $48,774 in 2021.
What is the median household income for Black or African American households in Morgan County, TN?
Even though there is a population where the householder is Black or African American, there was no median household income reported by the U.S. Census Bureau for both 2011 and 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)