Median Household Income by Racial Categories in Reece City, AL , in 2023 inflation-adjusted dollars
This table presents the median household income across different racial categories in Reece City, 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 | $75,357 |
| Two or More Races | $35,625 |
TABLE OF CONTENTS
Reece City, AL median household income diversity
Based on our analysis of the distribution of Reece City population by race & ethnicity, the population is predominantly White. This particular racial category constitutes the majority, accounting for 92.96% of the total residents in Reece City. Notably, the median household income for White households is $75,357.
Interestingly, White is both the largest group and the one with the highest median household income, which stands at $75,357.
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 Reece City, we observe that White households report a median income of about $75,357, while Two or More Races households earn around $35,625. These differences shed light on the income distribution within the town of Reece City.
Reece City, AL median household income trends across races
A decade typically encompasses substantial economic changes. To conduct a comprehensive analysis of these changes in Reece City, we have analysed how these changes have unfolded among the racial categories identified by the U.S. Census Bureau for the town of Reece City.
Key stats for each racial category as per our analysis of U.S. Census Bureau American Community Survey:
- White: In Reece City, the median household income for the households where the householder is White increased by $22,315(42.07%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $53,042 in 2013 and $75,357 in 2023.
- Black or African American: Even though there is a population where the householder is Black or African American, there was no median household income reported by the U.S. Census Bureau for both 2013 and 2023.
- American Indian and Alaska Native: The U.S. Census Bureau population data for Reece City, indicates a lack of households led by American Indian and Alaska Native individuals. As a result, the median household income for the American Indian and Alaska Native population is not available.
- 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 2013 and 2023.
- Native Hawaiian and Other Pacific Islander: According to the U.S. Census Bureau population data for Reece City, 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): In Reece City, there was no reported median household income for multiracial households in 2013. However, in 2023, the median household income increased to $35,625, marking a significant change.
- Above analysis reconfirms that there are 2 race households in Reece City. Households are categorized based on the self-identified race of the head of household.
Reece City 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 | $52,845 | $45,270 | $47,928 | $53,042 | $51,688 | $55,875 | $57,230 | $53,951 | $56,498 | $58,285 | $63,419 | $60,965 | $71,748 | $75,357 |
| Black or African American | $74,813 | $72,501 | $74,350 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Asian | $3,511 | $3,402 | $3,333 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Two or More Races | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $35,625 |
Things to know
Which racial group has the highest median household income according to the Census Bureau in Reece City, AL?
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 Reece City have the highest median household income at $75,357.
How does the median household income vary by race in Reece City, AL?
In Reece City, the median household income As we explore median household incomes in Reece City, we observe that White households report a median income of about $75,357, while Two or More Races households earn around $35,625. These differences shed light on the income distribution within the town of Reece City..
Which racial group has the lowest median household income according to the Census Bureau in Reece City, AL?
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 Two or More Races in Reece City exhibit the lowest median household income at $35,625 among the identified racial categories.
What is the median household income for White households in Reece City, AL?
In Reece City, the median household income for the households where the householder is White increased by $22,315(42.07%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $53,042 in 2013 and $75,357 in 2023.
What is the median household income for Black or African American households in Reece City, AL?
Even though there is a population where the householder is Black or African American, there was no median household income reported by the U.S. Census Bureau for both 2013 and 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)