Polk County, FL median household income diversity
Based on our analysis of the distribution of Polk County population by race & ethnicity, the population is predominantly White. This particular racial category constitutes the majority, accounting for 68.51% of the total residents in Polk County. Notably, the median household income for White households is $67,580.
Interestingly, White is both the largest group and the one with the highest median household income, which stands at $67,580.
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 Polk County, a diversity of median household incomes is evident among households of different races. The White households boast the highest median household income at about $67,580. Asian households have a median income of approximately $65,429. Two or More Races households have a median income of approximately $64,339. Some Other Race households have a median income of approximately $54,487. American Indian and Alaska Native households have a median income of approximately $46,778. Conversely, Black or African American households reveal the lowest median income at $44,262. These disparities underscore the varied income distribution within the county of Polk County.
Polk County, FL median household income trends across races
A decade typically encompasses substantial economic changes. To conduct a comprehensive analysis of these changes in Polk County, we have analysed how these changes have unfolded among the racial categories identified by the U.S. Census Bureau for the county of Polk County.
Key stats for each racial category as per our analysis of U.S. Census Bureau American Community Survey:
- White: In Polk County, the median household income for the households where the householder is White increased by $12,464(22.61%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $55,116 in 2012 and $67,580 in 2022.
- Black or African American: In Polk County, the median household income for the households where the householder is Black or African American increased by $5,994(15.66%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $38,268 in 2012 and $44,262 in 2022.
- American Indian and Alaska Native: In Polk County, the median household income for the households where the householder is American Indian and Alaska Native decreased by $11,245(19.38%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $58,023 in 2012 and $46,778 in 2022.
- Asian: In Polk County, the median household income for the households where the householder is Asian decreased by $12,653(16.20%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $78,082 in 2012 and $65,429 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 Polk County, the median household income for the households where the householder is Some other race increased by $8,617(18.79%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $45,870 in 2012 and $54,487 in 2022.
- Two or more races (multiracial): In Polk County, the median household income for the households where the householder is multiracial increased by $24,983(63.48%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $39,356 in 2012 and $64,339 in 2022.
- Above analysis reconfirms that there are 6 race households in Polk County. Households are categorized based on the self-identified race of the head of household.
Polk County 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 | $58,501 | $54,245 | $55,116 | $56,996 | $56,662 | $57,241 | $59,255 | $60,355 | $63,595 | $62,314 | N/A | $64,449 | $67,580 |
| Black or African American | $41,427 | $41,950 | $38,268 | $37,499 | $40,433 | $40,965 | $38,781 | $42,740 | $47,244 | $45,074 | N/A | $49,374 | $44,262 |
| American Indian and Alaska Native | $37,399 | $63,407 | $58,023 | $68,211 | $17,929 | $57,359 | $63,230 | $49,829 | N/A | $49,743 | N/A | $58,448 | $46,778 |
| Asian | $66,149 | $137,507 | $78,082 | $83,893 | $63,527 | $68,029 | $91,990 | $74,621 | $67,963 | $74,957 | N/A | $76,874 | $65,429 |
| Native Hawaiian and Other Pacific Islander | $85,381 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Some Other Race | $39,367 | $47,248 | $45,870 | $27,343 | $39,814 | $43,231 | $51,049 | $52,440 | $49,636 | $45,040 | N/A | $55,761 | $54,487 |
| Two or More Races | $48,687 | $48,987 | $39,356 | $30,374 | $38,531 | $61,762 | $57,093 | $54,463 | $70,379 | $76,012 | N/A | $63,012 | $64,339 |
Key observations: Households with multiracial householders witnessed significant growth in median household income, marking an impressive increase of $24,983. On the other hand, households where householder is Asian experienced a notable decline, with a decrease of $12,653 in median income.