Median Household Income in Nunam Iqua, AK (2010-2023, in 2023 inflation-adjusted dollars)
Below, you will find a table illustrating the median household income in Nunam Iqua, spanning the years from 2010 to 2023, with all figures adjusted to 2023 inflation-adjusted dollars.
| Year | Median Household Income | YOY Change($) | YOY Change(%) |
|---|---|---|---|
| 2010 | 69,077 | - | - |
| 2011 | 69,210 | 133 | 0.19% |
| 2012 | 65,348 | -3,862 | -5.58% |
| 2013 | 59,940 | -5,408 | -8.28% |
| 2014 | 66,226 | 6,286 | 10.49% |
| 2015 | 53,212 | -13,014 | -19.65% |
| 2016 | 62,084 | 8,872 | 16.67% |
| 2017 | 48,322 | -13,762 | -22.17% |
| 2018 | 38,040 | -10,282 | -21.28% |
| 2019 | 37,362 | -678 | -1.78% |
| 2020 | 37,363 | 1 | - |
| 2021 | 37,986 | 623 | 1.67% |
| 2022 | 39,790 | 1,804 | 4.75% |
| 2023 | -666,666,666 | -666,706,456 | -1,675,560.00% |
TABLE OF CONTENTS
Nunam Iqua, AK median household income trends: 2010 to 2023
From 2010 to 2023, the median household income for Nunam Iqua decreased by $666,735,743 (965206.57%), as per the American Community Survey estimates. In comparison, median household income for the United States increased by $5,602 (7.68%) between 2010 and 2023.
Analyzing the trend in median household income between the years 2010 and 2023, spanning 13 annual cycles, we observed that median household income, when adjusted for 2023 inflation using the Consumer Price Index retroactive series (R-CPI-U-RS), experienced growth year by year for 6 years and declined for 7 years.
The most significant year-by-year growth occured from 2015 to 2016, when the median household income increased by 8,872 (from $53,212 to $62,084). Similarly the most substantial year-by-year decline occured from 2022 to 2023, when the median household income decreased by 666,706,456 (from $39,790 to $-666,666,666).
In Alaska, among cities with populations of fewer than 5,000 residents, Nunam Iqua ranks 110th out of 110 for median household income. This rank indicates that it falls within the lower-income range of small cities within the state of Alaska.
Median household income in Nunam Iqua, AK by household size
To gain deeper insights into the median household income for Nunam Iqua, we conducted an analysis of the most recent available data from the U.S. Census Bureau American Community Survey 5 year Estimates (the most recent data available).
Of the 7 household sizes (1 person to 7-or-more person households) reported by the census bureau, NA. NA NA
In the most recent year, 2023, NA NA
Nunam Iqua median household income by household size
The table below displays median household incomes for various household sizes, as reported by the U.S. Census Bureau. Explore how household income varies with the size of the family unit.
| Household Size | Median Household Income |
|---|---|
| 1-person households | 0 |
| 2-person households | 0 |
| 3-person households | 0 |
| 4-person households | 0 |
| 5-person households | 0 |
| 6-person households | 0 |
| 7-or-more-person households | 0 |
According to the Census Bureau data, the median household income reaches its peak among NA, reaching NA NA.
Nunam Iqua, AK income distribution and inequality
To gain a comprehensive understanding of income distribution in Nunam Iqua, we conducted an analysis of quintiles data from the U.S. Census Bureau. While the bureau does not categorize income into subjective classes like lower-income, middle-class, or upper-class, they instead divide the population into five quintiles, ensuring that each quintile represents nearly the same number of households. This classification allows us to analyze income levels across a spectrum from the lowest to the highest income groups.
Mean household income by quintile in Nunam Iqua
The table below presents the mean household income for each of the five quintiles in Nunam Iqua , offering valuable insights into income distribution and inequality.
| Income Level | Mean Household Income |
|---|---|
| Lowest Quintile | -666,666,666 |
| Second Quintile | -666,666,666 |
| Third Quintile | -666,666,666 |
| Fourth Quintile | -666,666,666 |
| Highest Quintile | -666,666,666 |
| Top 5 Percent | -666,666,666 |
Key findings:
- Income disparities: The mean income of the lowest quintile (20% of households with the lowest income) is NA, while the mean income for the highest quintile (20% of households with the highest income) is -666,666,666. This indicates that the top earners earn 13 times compared to the lowest earners.
- Top 5%: The mean household income for the wealthiest population (top 5%) is -666,666,666, which is 100% higher compared to the highest quintile, and higher compared to the quintile.
Furthermore, as per the Census Bureau, the Gini coefficient for Nunam Iqua is -666667000.0. Gini coefficient is a numeric measure ranging from 0 to 1, where lower numbers indicate greater income equality (with 0 representing complete equality, where all households earn the same income) and higher values signify greater income inequality (with 1 being complete inequality where one household receives all income).
Sources: U.S. Census Bureau, American Community Survey (ACS)
With a Gini coefficient of -666667000.0, it is evident that income distribution in Nunam Iqua, AK exihibits characterstics of .
Median household income in Nunam Iqua, AK by family type, 2023
The Census Bureau classifies households into different categories, including total households, family households, and non-family households. Our analysis of U.S. Census Bureau American Community Survey data for Nunam Iqua reveals how household income distribution varies among these categories.
Interestingly, we found that the median household income did not vary between family households and non-family households. In 2023, for Nunam Iqua, there were a total of 0 family households and 0 non-family households.
As there were no family households, there was no reported income for the family households. As there were no non-family households, there was no reported income for the non-family households.
Nunam Iqua, AK households by income brackets: family, non-family, and total, 2023, in 2022 inflation-adjusted dollars
The table below presents a breakdown of households across various income brackets in Nunam Iqua. The data in the table offers insights into the distribution of Nunam Iqua households based on income levels.
| Income Level | All Households | % All Households | Family Households | % Family Households | Non-Family Households | % Non-Family Households |
|---|---|---|---|---|---|---|
| Total: | - | - | - | - | - | - |
| Less than $10,000 | - | - | - | - | - | - |
| $10,000 to $14,999 | - | - | - | - | - | - |
| $15,000 to $19,999 | - | - | - | - | - | - |
| $20,000 to $24,999 | - | - | - | - | - | - |
| $25,000 to $29,999 | - | - | - | - | - | - |
| $30,000 to $34,999 | - | - | - | - | - | - |
| $35,000 to $39,999 | - | - | - | - | - | - |
| $40,000 to $44,999 | - | - | - | - | - | - |
| $45,000 to $49,999 | - | - | - | - | - | - |
| $50,000 to $59,999 | - | - | - | - | - | - |
| $60,000 to $74,999 | - | - | - | - | - | - |
| $75,000 to $99,999 | - | - | - | - | - | - |
| $100,000 to $124,999 | - | - | - | - | - | - |
| $125,000 to $149,999 | - | - | - | - | - | - |
| $150,000 to $199,999 | - | - | - | - | - | - |
| $200,000 or more | - | - | - | - | - | - |
Key findings:
- For Family Households: In Nunam Iqua, the majority of family households, representing 0.0%, earn Less than $10,000, showcasing a substantial share of the community families falling within this income bracket. Conversely, the minority of family households, comprising 0.0%, have incomes falling Less than $10,000, representing a smaller but still significant segment of the community.
- For Non-Family Households: In Nunam Iqua, the majority of non-family households, accounting for 0.0%, have income Less than $10,000, indicating that a substantial portion of non-family households falls within this income bracket. On the other hand, the minority of non-family households, comprising 0.0%, earn Less than $10,000, representing a smaller, yet notable, portion of non-family households in the community.
- For Total Households (Combining Family and Non-Family): When considering total households in Nunam Iqua, the majority, constituting 0.0%, earn Less than $10,000, demonstrating that a significant portion of community households falls within this income bracket. Simultaneously, the minority of total households, representing 0.0%, have incomes Less than $10,000, signifying a smaller segment of households in the community.
Things to know
What is the Gini index for Nunam Iqua, AK?
As per the Census Bureau, the Gini coefficient for Nunam Iqua is -666667000.0. With this value of Gini coefficient, it is evident that income distribution in Nunam Iqua exihibits characterstics of .
What is the median household income in Nunam Iqua, AK?
As per the latest data available from American Community Survey, the median household income for Nunam Iqua is $-666,666,666 (in 2023 inflation-adjusted dollars). This income is 848845.99% of the U.S. median household income of $78,538 (all incomes in 2023 inflation-adjusted dollars).
How does Nunam Iqua, AK median household income compare to the rest of the United States?
In Alaska, among cities with populations of fewer than 5,000 residents, Nunam Iqua ranks 110th out of 110 for median household income. This rank indicates that it falls within the lower-income range of small cities within the state of Alaska.
References
- U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates
- Consumer Price Index retroactive series using current methods (R-CPI-U-RS)
