Riverdale Park, MD Median Household Income By Race

Riverdale Park, MD median household income diversity

Based on our analysis of the distribution of Riverdale Park population by race & ethnicity, the population is predominantly some other race. This particular racial category constitutes the majority, accounting for 44.46% of the total residents in Riverdale Park. Notably, the median household income for some other race households is $72,691.

Interestingly, despite the some other race population being the most populous, it is worth noting that Two or More Races households actually reports the highest median household income, with a median income of $270,229. This reveals that, while some other races may be the most numerous in Riverdale Park, Two or More Races households experience greater economic prosperity in terms of median household income.

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 2022 inflation using the Consumer Price Index retroactive series (R-CPI-U-RS).

In Riverdale Park, a diversity of median household incomes is evident among households of different races. The Two or More Races households boast the highest median household income at about $270,229. Asian households have a median income of approximately $154,757. White households have a median income of approximately $134,796. Black or African American households have a median income of approximately $81,826. Conversely, Some Other Race households reveal the lowest median income at $72,691. These disparities underscore the varied income distribution within the town of Riverdale Park.

Riverdale Park, MD median household income trends across races

A decade typically encompasses substantial economic changes. To conduct a comprehensive analysis of these changes in Riverdale Park, we have analysed how these changes have unfolded among the racial categories identified by the U.S. Census Bureau for the town of Riverdale Park.

Key stats for each racial category as per our analysis of U.S. Census Bureau American Community Survey:

• White: In Riverdale Park, the median household income for the households where the householder is White increased by $59,201(78.31%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $75,595 in 2011 and $134,796 in 2021.
• Black or African American: In Riverdale Park, the median household income for the households where the householder is Black or African American increased by $13,714(20.13%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $68,112 in 2011 and $81,826 in 2021.
• 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 2011 and 2021.
• Asian: In Riverdale Park, the median household income for the households where the householder is Asian decreased by $752(0.48%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $155,509 in 2011 and $154,757 in 2021.
• Native Hawaiian and Other Pacific Islander: According to the U.S. Census Bureau population data for Riverdale Park, 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: In Riverdale Park, the median household income for the households where the householder is Some other race decreased by $74,542(50.63%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $147,233 in 2011 and $72,691 in 2021.
• Two or more races (multiracial): In Riverdale Park, there was no reported median household income for multiracial households in 2011. However, in 2021, the median household income increased to $270,229(2022 inflation-adjusted dollars), marking a significant change.
• Above analysis reconfirms that there are 5 race households in Riverdale Park. Households are categorized based on the self-identified race of the head of household.

Key observations: Households with multiracial householders witnessed significant growth in median household income, marking an impressive increase of $270,229. On the other hand, households where householder is Some other race experienced a notable decline, with a decrease of $74,542 in median income.

Things to know

Which racial group has the highest median household income according to the Census Bureau in Riverdale Park, MD?

Among the racial categories identified by the U.S. Census Bureau, and the American Community Survey 2017-2021 5-Year Estimates, households with Two or More Races householders in Riverdale Park have the highest median household income at $270,229.

How does the median household income vary by race in Riverdale Park, MD?

In Riverdale Park, the median household income In Riverdale Park, a diversity of median household incomes is evident among households of different races. The Two or More Races households boast the highest median household income at about $270,229. Asian households have a median income of approximately $154,757. White households have a median income of approximately $134,796. Black or African American households have a median income of approximately $81,826. Conversely, Some Other Race households reveal the lowest median income at $72,691. These disparities underscore the varied income distribution within the town of Riverdale Park..

Which racial group has the lowest median household income according to the Census Bureau in Riverdale Park, MD?

Of the racial categories outlined by the U.S. Census Bureau and the American Community Survey 2017-2021 5-Year Estimates, households headed by individuals identifying as Some Other Race in Riverdale Park exhibit the lowest median household income at $72,691 among the identified racial categories.

What is the median household income for White households in Riverdale Park, MD?

In Riverdale Park, the median household income for the households where the householder is White increased by $59,201(78.31%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $75,595 in 2011 and $134,796 in 2021.

What is the median household income for Black or African American households in Riverdale Park, MD?

In Riverdale Park, the median household income for the households where the householder is Black or African American increased by $13,714(20.13%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $68,112 in 2011 and $81,826 in 2021.

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