Median Household Income by Racial Categories in Newport, TN (2021, in 2022 inflation-adjusted dollars)
This table presents the median household income across different racial categories in Newport, 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 | $37,832 |
TABLE OF CONTENTS
Newport, TN median household income diversity
Based on our analysis of the distribution of Newport population by race & ethnicity, the population is predominantly White. This particular racial category constitutes the majority, accounting for 86.60% of the total residents in Newport. Notably, the median household income for White households is $37,832.
Interestingly, White is both the largest group and the one with the highest median household income, which stands at $37,832.
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).
When examining median household incomes in Newport, it becomes apparent that, given the non-diverse population, the income distribution is also non-diverse.
Newport, TN median household income trends across races
A decade typically encompasses substantial economic changes. To conduct a comprehensive analysis of these changes in Newport, we have analysed how these changes have unfolded among the racial categories identified by the U.S. Census Bureau for the city of Newport.
Key stats for each racial category as per our analysis of U.S. Census Bureau American Community Survey:
- White: In Newport, the median household income for the households where the householder is White increased by $11,113(41.59%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $26,719 in 2011 and $37,832 in 2021.
- Black or African American: In Newport, the median household income for Black or African American households was $57,441 in 2011(2022 inflation-adjusted dollars). However there is no reported data for 2021, indicating a lack of information for this specific year.
- 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: Even though there is a population where the householder is Asian, there was no median household income reported by the U.S. Census Bureau for both 2011 and 2021.
- 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: In Newport, the median household income for Some other race households was $118,663 in 2011(2022 inflation-adjusted dollars). However there is no reported data for 2021, indicating a lack of information for this specific year.
- Two or more races (multiracial): Even though there is a population where the householder is multiracial, there was no median household income reported by the U.S. Census Bureau for both 2011 and 2021.
- Above analysis reconfirms that there are 1 race households in Newport. Households are categorized based on the self-identified race of the head of household.
Newport 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 | $28,416 | $26,719 | $27,337 | $26,118 | $26,669 | $25,487 | $26,780 | $25,741 | $26,832 | $28,193 | $37,416 | $37,832 | N/A |
Black or African American | $43,093 | $57,441 | $115,488 | N/A | $44,245 | N/A | $41,279 | $36,677 | $39,676 | $28,457 | $26,953 | N/A | N/A |
Some Other Race | N/A | $118,663 | $119,238 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Two or More Races | $3,372 | N/A | $8,886 | $8,442 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Things to know
Which racial group has the highest median household income according to the Census Bureau in Newport, TN?
For Newport, households headed by individuals identifying as White display both the highest and lowest median household income among the identified racial categories according to the U.S. Census Bureau and the American Community Survey 2017-2021 5-Year Estimates, at $37,832.
How does the median household income vary by race in Newport, TN?
In Newport, the median household income When examining median household incomes in Newport, it becomes apparent that, given the non-diverse population, the income distribution is also non-diverse..
Which racial group has the lowest median household income according to the Census Bureau in Newport, TN?
In Newport the sole racial category, White, represents both the highest and lowest median household income levels among the identified racial groups, based on data from the U.S. Census Bureau and the American Community Survey 2017-2021 5-Year Estimates, at $37,832.
What is the median household income for White households in Newport, TN?
In Newport, the median household income for the households where the householder is White increased by $11,113(41.59%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $26,719 in 2011 and $37,832 in 2021.
What is the median household income for Black or African American households in Newport, TN?
In Newport, the median household income for Black or African American households was $57,441 in 2011(2022 inflation-adjusted dollars). However there is no reported data for 2021, indicating a lack of information for this specific year.
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)