New Britain, CT median household income diversity
Based on our analysis of the distribution of New Britain population by race & ethnicity, the population is predominantly White. This particular racial category constitutes the majority, accounting for 58.74% of the total residents in New Britain. Notably, the median household income for White households is $45,165.
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 $68,644. This reveals that, while Whites may be the most numerous in New Britain, 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.
In New Britain, 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 $68,644. Some Other Race households have a median income of approximately $55,040. Two or More Races households have a median income of approximately $49,213. White households have a median income of approximately $45,165. Conversely, Asian households reveal the lowest median income at $29,443. These disparities underscore the varied income distribution within the city of New Britain.
New Britain, CT median household income trends across races
A decade typically encompasses substantial economic changes. To conduct a comprehensive analysis of these changes in New Britain, we have analysed how these changes have unfolded among the racial categories identified by the U.S. Census Bureau for the city of New Britain.
Key stats for each racial category as per our analysis of U.S. Census Bureau American Community Survey:
- White: In New Britain, the median household income for the households where the householder is White decreased by $7,273(13.87%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $52,438 in 2012 and $45,165 in 2022.
- Black or African American: In New Britain, the median household income for the households where the householder is Black or African American increased by $19,271(39.03%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $49,373 in 2012 and $68,644 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 New Britain, the median household income for the households where the householder is Asian decreased by $20,783(41.38%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $50,226 in 2012 and $29,443 in 2022.
- 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 2012 and 2022.
- Some other race: In New Britain, the median household income for the households where the householder is Some other race increased by $18,596(51.03%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $36,444 in 2012 and $55,040 in 2022.
- Two or more races (multiracial): In New Britain, the median household income for the households where the householder is multiracial increased by $26,412(115.84%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $22,801 in 2012 and $49,213 in 2022.
- Above analysis reconfirms that there are 5 race households in New Britain. Households are categorized based on the self-identified race of the head of household.
New Britain 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 | $50,417 | $46,580 | $52,438 | $51,164 | $51,079 | $50,931 | $54,779 | $52,343 | $52,089 | $59,025 | N/A | $54,332 | $45,165 |
| Black or African American | $51,852 | $42,469 | $49,373 | $67,560 | $54,588 | $57,919 | $40,533 | $54,337 | $48,219 | $57,886 | N/A | $74,839 | $68,644 |
| American Indian and Alaska Native | N/A | $3,268 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $38,400 | N/A |
| Asian | $94,863 | $81,063 | $50,226 | $105,330 | $82,514 | $73,253 | $58,514 | $122,649 | $86,312 | $150,304 | N/A | N/A | $29,443 |
| Native Hawaiian and Other Pacific Islander | N/A | N/A | N/A | N/A | $3,101 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Some Other Race | $43,533 | $43,461 | $36,444 | $39,911 | $43,088 | $37,228 | $38,719 | $38,823 | $73,457 | $38,819 | N/A | $53,325 | $55,040 |
| Two or More Races | N/A | $48,681 | $22,801 | N/A | N/A | $27,830 | $46,987 | $47,246 | N/A | N/A | N/A | $58,692 | $49,213 |
Key observations: Households with multiracial householders witnessed significant growth in median household income, marking an impressive increase of $26,412. On the other hand, households where householder is Asian experienced a notable decline, with a decrease of $20,783 in median income.