Median Household Income by Racial Categories in Oak Hill, FL , in 2023 inflation-adjusted dollars
This table presents the median household income across different racial categories in Oak Hill, 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 | $76,146 |
| Black or African American | $75,882 |
TABLE OF CONTENTS
Oak Hill, FL median household income diversity
Based on our analysis of the distribution of Oak Hill population by race & ethnicity, the population is predominantly White. This particular racial category constitutes the majority, accounting for 82.16% of the total residents in Oak Hill. Notably, the median household income for White households is $76,146.
Interestingly, White is both the largest group and the one with the highest median household income, which stands at $76,146.
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 2023 inflation using the Consumer Price Index retroactive series (R-CPI-U-RS).
As we explore median household incomes in Oak Hill, we observe that White households report a median income of about $76,146, while Black or African American households earn around $75,882. These differences shed light on the income distribution within the city of Oak Hill.
Oak Hill, FL median household income trends across races
A decade typically encompasses substantial economic changes. To conduct a comprehensive analysis of these changes in Oak Hill, we have analysed how these changes have unfolded among the racial categories identified by the U.S. Census Bureau for the city of Oak Hill.
Key stats for each racial category as per our analysis of U.S. Census Bureau American Community Survey:
- White: In Oak Hill, the median household income for the households where the householder is White increased by $18,496(32.08%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $57,650 in 2013 and $76,146 in 2023.
- Black or African American: In Oak Hill, the median household income for the households where the householder is Black or African American decreased by $27,179(26.37%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $103,061 in 2013 and $75,882 in 2023.
- 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 2013 and 2023.
- Asian: In Oak Hill, based on U.S. Census Bureau population data, households with Asian householders are non existent. Therefore, the median household income for the Asian population cannot be determined.
- Native Hawaiian and Other Pacific Islander: According to the U.S. Census Bureau population data for Oak Hill, 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: 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 2013 and 2023.
- 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 2013 and 2023.
- Above analysis reconfirms that there are 2 race households in Oak Hill. Households are categorized based on the self-identified race of the head of household.
Oak Hill median household income by race betwen 2013 and 2023
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 2013 to 2023, 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 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| White | $70,499 | $68,657 | $58,542 | $57,650 | $54,185 | $53,127 | $57,879 | $58,534 | $53,981 | $58,986 | $59,808 | $74,046 | $77,834 | $76,146 |
| Black or African American | $84,648 | $86,797 | $100,325 | $103,061 | $91,531 | $79,907 | $77,844 | $78,718 | $76,651 | $65,384 | $63,419 | $73,961 | $73,538 | $75,882 |
Things to know
Which racial group has the highest median household income according to the Census Bureau in Oak Hill, FL?
Among the racial categories identified by the U.S. Census Bureau, and the American Community Survey 2019-2023 5-Year Estimates, households with White householders in Oak Hill have the highest median household income at $76,146.
How does the median household income vary by race in Oak Hill, FL?
In Oak Hill, the median household income As we explore median household incomes in Oak Hill, we observe that White households report a median income of about $76,146, while Black or African American households earn around $75,882. These differences shed light on the income distribution within the city of Oak Hill..
Which racial group has the lowest median household income according to the Census Bureau in Oak Hill, FL?
Of the racial categories outlined by the U.S. Census Bureau and the American Community Survey 2019-2023 5-Year Estimates, households headed by individuals identifying as Black or African American in Oak Hill exhibit the lowest median household income at $75,882 among the identified racial categories.
What is the median household income for White households in Oak Hill, FL?
In Oak Hill, the median household income for the households where the householder is White increased by $18,496(32.08%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $57,650 in 2013 and $76,146 in 2023.
What is the median household income for Black or African American households in Oak Hill, FL?
In Oak Hill, the median household income for the households where the householder is Black or African American decreased by $27,179(26.37%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $103,061 in 2013 and $75,882 in 2023.
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)
