Olive Hill, KY annual median income by work experience and sex (Aged 15+, in 2022 inflation-adjusted dollars)
The table presents median income data over a decade or more for males and females categorized by Total, Full-Time Year-Round (FT), and Part-Time (PT) employment in Olive Hill. It showcases annual income, providing insights into gender-specific income distributions and the disparities between full-time1 and part-time2 work.
Year | Male Total Income | Male FT Income | Male PT Income | Female Total Income | Female FT Income | Female PT Income |
---|---|---|---|---|---|---|
2010 | $31,782 | $53,684 | $18,856 | $17,168 | $43,355 | $14,023 |
2011 | $32,828 | $54,716 | $18,633 | $16,770 | $41,908 | $13,592 |
2012 | $28,151 | $65,841 | $18,601 | $15,697 | $43,035 | $12,694 |
2013 | $25,445 | $61,629 | $18,663 | $17,281 | $41,897 | $14,163 |
2014 | $26,199 | $45,245 | $17,629 | $17,563 | $40,721 | $14,201 |
2015 | $30,972 | $51,699 | $20,304 | $18,355 | $35,541 | $14,262 |
2016 | $24,795 | $44,435 | $19,092 | $16,569 | $35,622 | $13,500 |
2017 | $23,000 | $43,247 | $16,467 | $17,123 | $33,812 | $13,838 |
2018 | $23,735 | $45,789 | $18,705 | $18,856 | $33,841 | $14,874 |
2019 | $22,964 | $53,663 | $18,712 | $22,068 | $33,771 | $14,592 |
2020 | $21,542 | - | $19,389 | $32,027 | $41,127 | $19,063 |
2021 | $21,444 | - | $21,753 | $34,735 | $39,212 | $20,636 |
TABLE OF CONTENTS
Olive Hill, KY gender pay gap statistics
In Olive Hill, the population consists of 719 males (50.49%) and 705 females (49.51%), a breakdown further detailed in Olive Hill population by gender.
With a gender ratio of 102:100 i.e. 102 men to 100 women (1.020), Olive Hill hosts more men than women. This demographic distribution sets the backdrop for our exploration into gender-based income disparities within the area.
Historically, addressing gender-based pay differences has been a pressing concern, prompting substantial efforts not only from government initiatives but also from advocacy groups, businesses, and social movements. To explore this further within the context of Olive Hill, our analysis will focus on examining the income data to understand the reality of gender-based pay differences.
Here are the key findings from our analysis:
- All workers, aged 15 years and older: In Olive Hill, the median income for all workers aged 15 years and older, regardless of work hours, was $21,444 for males and $34,735 for females.
Contrary to expectations, women in Olive Hill, women, regardless of work hours, earn a higher income than men, earning 1.62 dollars for every dollar earned by men. This analysis indicates a significant shift in income dynamics favoring females.
- Full-time workers, aged 15 years and older: In Olive Hill, for full-time, year-round workers aged 15 years and older, the Census reported a median income of $39,212 for females, while data for males was unavailable due to an insufficient number of sample observations.
As there was no available median income data for males, conducting a comprehensive assessment of gender-based pay disparity in Olive Hill was not feasible.
To visualize the evolving trend, here is a line chart depicting the changes in gender-specific annual median incomes over time in Olive Hill, encompassing both full-time and all workers aged 15 years and older.
Olive Hill, KY gender and employment-based income distribution analysis (Ages 15+)
To gain insights into gender-based income distribution within the Olive Hill population, we conducted an analysis across 20 distinct brackets for males and females aged 15 years and over, covering both full-time year-round workers and other employment designations.
Within Olive Hill, among individuals aged 15 years and older with income, there were 567 men and 509 women in the workforce. Among them, 354 men were engaged in full-time, year-round employment, while 199 women were in full-time, year-round roles.
Analyzing the percentage of full-time, year-round workers to the total workforce reveals that among men, the proportion of full-time employment was 62.43%, whereas among women, the ratio was 39.10%. This indicates that a higher percentage of men were engaged in full-time, year-round roles compared to women.
The observed disparity may stem from various factors such as industry choices, societal expectations, or employment opportunities, revealing potential gender-based variations in employment trends within Olive Hill.
Parenthood, for instance, is one such factor influencing these trends. Women between 25 and 44 years old who are mothers are less inclined to participate in the workforce compared to women of the same age without children at home. Furthermore, when employed, these mothers often work fewer hours per week, adding to the observed disparities in full-time employment between genders.
Olive Hill annual income distribution by work experience and sex (Ages 15+ with income)
The following table provides a detailed breakdown of the count of individuals within distinct income brackets, categorizing them by gender (men and women) and employment type - full-time1 (FT) and part-time2 (PT), offering valuable insights into the diverse income landscapes within Olive Hill
Income Bracket | Full-Time Males | Part-Time Males | Full-Time Females | Part-Time Females |
---|---|---|---|---|
$1 to $2,499 or loss | - | 5 | - | 4 |
$2,500 to $4,999 | - | 10 | - | 9 |
$5,000 to $7,499 | - | 3 | 6 | 5 |
$7,500 to $9,999 | - | 2 | - | 44 |
$10,000 to $12,499 | 124 | 34 | - | 38 |
$12,500 to $14,999 | - | 15 | - | 26 |
$15,000 to $17,499 | 7 | 18 | - | 22 |
$17,500 to $19,999 | 52 | 18 | 8 | 11 |
$20,000 to $22,499 | - | 30 | 3 | 16 |
$22,500 to $24,999 | - | 5 | 6 | 25 |
$25,000 to $29,999 | 7 | 4 | 5 | 6 |
$30,000 to $34,999 | 11 | 8 | 25 | 7 |
$35,000 to $39,999 | - | 7 | 94 | 14 |
$40,000 to $44,999 | 20 | 4 | 4 | 15 |
$45,000 to $49,999 | 37 | 2 | - | 33 |
$50,000 to $54,999 | 10 | 6 | 15 | 2 |
$55,000 to $64,999 | 42 | 18 | 13 | - |
$65,000 to $74,999 | 8 | 10 | - | 1 |
$75,000 to $99,999 | 4 | 11 | 3 | 32 |
$100,000 or more | 32 | 3 | 17 | - |
To provide a more comprehensive understanding of income distribution, we have grouped the original income brackets into five broader categories for analysis purposes: Under $24,999, $25,000 to $49,999, $50,000 to $74,999, $75,000 to $99,999, and above $100,000. This grouping allows for a more focused assessment of income disparities across distinct income ranges, offering clearer insights into gender-based income distributions within the Olive Hill population.
The analysis unveiled the following key findings:
- Annual income under $24,999: Of the male population working full-time, 51.69% fell within the income range of under $24,999, while 11.56% of the female population working full-time was represented in the same income bracket. Additionally, among individuals in other non-full-time employment categories, 65.73% of males and 64.52% of females were found within this income range.
In total, among the population aged 15 years and older with income, across all employment categories, the analysis revealed that 56.97% of the entire male population and 43.81% of the entire female population fell within the income bracket of under $24,999.
A higher percentage of males compared to females falling within the under $24,999 income bucket suggests a potential disparity, indicating a greater concentration of men in this lower income range.
- Annual income between $25,000 and $49,999: 21.19% of males in full-time employment were within the $25,000 to $49,999 income range, while 64.32% of females in full-time roles were represented in this income bracket. Moreover, among other employment categories, 11.74% of males and 24.19% of females fell into this income range.
Considering the population aged 15 years and older with income across all employments, 17.64% of the total male population and 39.88% of the total female population were encompassed within this income bracket.
The higher representation of females compared to males in the $25,000 to $49,999 income bracket indicates a potential inequality, emphasizing a greater prevalence of women within this lower-middle income range.
- Annual income between $50,000 and $74,999: 16.95% of men in full-time employment fell within the $50,000 to $74,999 income bracket, while 14.07% of women in full-time positions were also within this income range. Furthermore, among individuals in other non-full-time employment categories, 15.96% of men and 0.97% of women were situated within this specific income bracket.
Overall, considering the entire population aged 15 years and older with income across all job types, 16.58% of the total male population and 6.09% of the total female population were found within the $50,000 to $74,999 income bracket.
The higher proportion of males compared to females in the $50,000 to $74,999 income bracket suggests a potential inequality, emphasizing a greater prevalence of men within this middle-income range.
- Annual income between $75,000 and $99,999: 1.13% of men in full-time roles occupied the $75,000 to $99,999 income bracket, while 1.51% of women in full-time positions shared this income range. Additionally, among individuals in other non-full-time employment categories, 5.16% of men and 10.32% of women were situated within this specific income bracket.
In total, among the entire population aged 15 years and older with income across all job types, 2.65% of the total male population and 6.88% of the total female population fell within the $75,000 to $99,999 income bracket.
The elevated ratio of females to males in the $75,000 to $99,999 income bracket hints at a potential inequality, underscoring a stronger predominance of women within this upper-middle income range.
- Annual income above $100,000: 9.04% of men in full-time roles earned incomes exceeding $100,000, while 8.54% of women in full-time positions earned within this income bracket. Additionally, among those in alternative non-full-time employment, 1.41% of men and none of women earned within this income bracket.
In total, across the entire population aged 15 years and older with income across all job types, 6.17% of the total male population and 3.34% of the total female population earned incomes above $100,000.
The increased proportion of males compared to females in the above $100,000 income bracket suggests a potential inequality, emphasizing a greater predominance of men in this higher income range.
Things to know
Is there a gender-based pay gap in Olive Hill, KY?
In Olive Hill, the median income for all workers aged 15 years and older, regardless of work hours, was $21,444 for males and $34,735 for females.
Contrary to expectations, women in Olive Hill, women, regardless of work hours, earn a higher income than men, earning 1.62 dollars for every dollar earned by men. This analysis indicates a significant shift in income dynamics favoring females.
What is the average annual income for a women in Olive Hill, KY?
The median income for females aged 15 years and older in Olive Hill is $34,735, indicating that half of the female population in this age group earns more than this figure, while the other half earns less. This data is sourced from the U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates.
What is the average annual income for men in Olive Hill, KY?
The median income for males aged 15 years and older in Olive Hill is $21,444, indicating that half of the male population in this age group earns more than this figure, while the other half earns less. This data is sourced from the U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates.
Is $100,000 considered low annual income in Olive Hill, KY?
In Olive Hill, among individuals aged 15 years and older working full-time year-round, 9.04% of men and 8.54% of women earned incomes surpassing $100,000. This indicates that for both men and women, the percentage earning above $100,000 is relatively low.
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)
Notes
The analysis presented in this article is based on estimates derived from the U.S. Census Bureau American Community Survey. While these figures offer valuable insights, they are subject to a margin of error. It is advisable to exercise caution and consider the potential margin of error when interpreting and utilizing this data.