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Sikes, LA Median Household Income: Trends, Analysis, and Key Findings

The median household income in Sikes was $39,784 in 2021, which marked an an increase of 478(1.22%) from $39,306 in 2020. This income is 53.33% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
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By Neilsberg Research
Updated Jan 11, 2024

Median Household Income in Sikes, LA (2010-2021, in 2022 inflation-adjusted dollars)

Below, you will find a table illustrating the median household income in Sikes, spanning the years from 2010 to 2021, with all figures adjusted to 2022 inflation-adjusted dollars.

Year Median Household Income YOY Change($) YOY Change(%)
2010 62,404 - -
2011 59,386 -3,018 -4.84%
2012 59,503 117 0.20%
2013 59,142 -361 -0.61%
2014 52,549 -6,593 -11.15%
2015 56,679 4,130 7.86%
2016 53,305 -3,374 -5.95%
2017 53,144 -161 -0.30%
2018 52,243 -901 -1.70%
2019 54,361 2,118 4.05%
2020 39,306 -15,055 -27.69%
2021 39,784 478 1.22%
Need Income insights or broader demographics data for Sikes?
We can help you with custom data for Sikes, other cities in Winn Parish, any place in Louisiana, or across the USA!
Avg Income Age group Avg Income Diversity Index Population Gender ratio (M:F) Homeownership % Avg commute time ✎ Custom Dataset: Sikes Self-employed, multilingual, car-commuting, insured individuals 15 to 24 years $27,865 75 27,354 0.75 0.5% 55 min 25 to 44 years $44,231 90 37,459 0.86 19% 43 min 45 to 64 years $53,865 95 42,167 0.77 35% 15 min 65 to 74 years $51,800 74 32,972 0.91 45% 13 min 75 to 84 years $41,234 66 26,758 0.87 66% 42 min 85 years and over $36,093 56 18,857 0.89 76% 45 min

TABLE OF CONTENTS

Sikes, LA median household income trends: 2010 to 2021

From 2010 to 2021, the median household income for Sikes decreased by $22,620 (36.25%), as per the American Community Survey estimates. In comparison, median household income for the United States increased by $4,559 (6.51%) between 2010 and 2021.

Analyzing the trend in median household income between the years 2010 and 2021, spanning 11 annual cycles, we observed that median household income, when adjusted for 2022 inflation using the Consumer Price Index retroactive series (R-CPI-U-RS), experienced growth year by year for 4 years and declined for 7 years.

The line chart shows Sikes, LA median household income from 2010 to 2021. The orange line represents Census Bureau data for median household income (without adjusting for any inflation), while the blue line shows inflation-adjusted median household income for 2022.
Sikes, LA median household income trends: 2010 to 2021. The chart illustrates income fluctuations over the years, highlighting the impact of inflation on economic trends. We observed that the median household income experienced growth year by year for 4 years and declined for 7 years. Source: U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates

The most significant year-by-year growth occured from 2014 to 2015, when the median household income increased by 4,130 (from $52,549 to $56,679). Similarly the most substantial year-by-year decline occured from 2019 to 2020, when the median household income decreased by 15,055 (from $54,361 to $39,306).

In Louisiana, among cities with populations of fewer than 5,000 residents, Sikes ranks 114th out of 216 for median household income. This rank indicates that it falls within the middle-income range of small cities within the state of Louisiana.

Median household income in Sikes, LA by household size

To gain deeper insights into the median household income for Sikes, we conducted an analysis of the most recent available data from the U.S. Census Bureau American Community Survey 5 year Estimates (the most recent data available).

Of the 7 household sizes (1 person to 7-or-more person households) reported by the census bureau, only 2-person households were found in Sikes. The coefficient of variation (CV) is 47.28%. This high CV indicates high relative variability, suggesting that the incomes vary significantly across different sizes of households.

In the most recent year, 2021, The smallest household size for which the bureau reported a median household income was 2-person households, with an income of $39,558. Additionally, the Census Bureau did not report a median household income for larger household sizes.

Bar chart showing Sikes, LA median household income for different household sizes in 2021. The chart illustrates income trends for 1-person to 7-or-more person households, with values adjusted for inflation. It provides insights into income disparities and variations across household sizes, aiding in data analysis and decision-making.
Sikes, LA median household income, by household size (in 2022 inflation-adjusted dollars). Source: U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates

Sikes median household income by household size

The table below displays median household incomes for various household sizes, as reported by the U.S. Census Bureau. Explore how household income varies with the size of the family unit.

Household Size Median Household Income
1-person households 0
2-person households 39,558
3-person households 0
4-person households 0
5-person households 0
6-person households 0
7-or-more-person households 0
Exploring Sikes's Diversity? Request Customized Data Now!

According to the Census Bureau data, the median household income reaches its peak among 2-person households, reaching $39,558 .

Things to know

What is the Gini index for Sikes, LA?

As per the Census Bureau, the Gini coefficient for Sikes is 0.3022. With this value of Gini coefficient, it is evident that income distribution in Sikes exihibits characterstics of moderate equality .

This also implies that the majority of households in Sikes enjoy fairly equitable access to income resources, contributing to a reasonably fair and even economic landscape.

What is the median household income in Sikes, LA?

As per the latest data available from American Community Survey, the median household income for Sikes is $39,784 (in 2022 inflation-adjusted dollars). The next release from the Census is scheduled for Dec 7, 2023. This income is 53.33% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).

How does Sikes, LA median household income compare to the rest of the United States?

In Louisiana, among cities with populations of fewer than 5,000 residents, Sikes ranks 114th out of 216 for median household income. This rank indicates that it falls within the middle-income range of small cities within the state of Louisiana.

References

Datasets

Explore datasets by year of publication.
2023
Median Household Income Variation by Family Size in Sikes, LA: Comparative analysis across 7 household sizes
Last updated January 11, 2024
ACS
Free
Neilsberg
CSV, JSON
2017-2021
CC BY 4.0
About this dataset

Context

The dataset presents median household incomes for various household sizes in Sikes, LA, as reported by the U.S. Census Bureau. The dataset highlights the variation in median household income with the size of the family unit, offering valuable insights into economic trends and disparities within different household sizes, aiding in data analysis and decision-making.

Key observations

  • Of the 7 household sizes (1 person to 7-or-more person households) reported by the census bureau, only 2-person households were found in Sikes. The coefficient of variation (CV) is 47.28%. This high CV indicates high relative variability, suggesting that the incomes vary significantly across different sizes of households.
  • In the most recent year, 2021, The smallest household size for which the bureau reported a median household income was 2-person households, with an income of $39,558. Additionally, the Census Bureau did not report a median household income for larger household sizes.
Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates.

Household Sizes:

  • 1-person households
  • 2-person households
  • 3-person households
  • 4-person households
  • 5-person households
  • 6-person households
  • 7-or-more-person households

Variables / Data Columns

  • Household Size: This column showcases 7 household sizes ranging from 1-person households to 7-or-more-person households (As mentioned above).
  • Median Household Income: Median household income, in 2022 inflation-adjusted dollars for the specific household size.

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for Sikes median household income. You can refer the same here

Sikes, LA Median Household Income Trends (2010-2021, in 2022 inflation-adjusted dollars)
Last updated January 11, 2024
ACS
Free
Neilsberg
CSV, JSON
2017-2021
CC BY 4.0
About this dataset

Context

The dataset illustrates the median household income in Sikes, spanning the years from 2010 to 2021, with all figures adjusted to 2022 inflation-adjusted dollars. Based on the latest 2017-2021 5-Year Estimates from the American Community Survey, it displays how income varied over the last decade. The dataset can be utilized to gain insights into median household income trends and explore income variations.

Key observations:

From 2010 to 2021, the median household income for Sikes decreased by $22,620 (36.25%), as per the American Community Survey estimates. In comparison, median household income for the United States increased by $4,559 (6.51%) between 2010 and 2021.

Analyzing the trend in median household income between the years 2010 and 2021, spanning 11 annual cycles, we observed that median household income, when adjusted for 2022 inflation using the Consumer Price Index retroactive series (R-CPI-U-RS), experienced growth year by year for 4 years and declined for 7 years.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates. All incomes have been adjusting for inflation and are presented in 2022-inflation-adjusted dollars.

Years for which data is available:

  • 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021

Variables / Data Columns

  • Year: This column presents the data year from 2010 to 2021
  • Median Household Income: Median household income, in 2022 inflation-adjusted dollars for the specific year
  • YOY Change($): Change in median household income between the current and the previous year, in 2022 inflation-adjusted dollars
  • YOY Change(%): Percent change in median household income between current and the previous year

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for Sikes median household income. You can refer the same here

If you're looking for datasets from another year, please feel free to contact us at research@neilsberg.com and we'll be happy to assist you further.

Explore related topics

Sikes, LA Income Sikes, LA Demographics

Explore more

Median household income of places that contain Sikes (in 2022 dollars)
Median household income of nearby cities (in 2022 dollars)
Insights for Sikes, by topic

About the author

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Neilsberg Research
Neilsberg Research team are data scientists with expertise in processing, analysis and visualization of big data helping small businesses make right decisions.
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Collection 5 Resources