Sioux Falls, SD median household income diversity
Based on our analysis of the distribution of Sioux Falls population by race & ethnicity, the population is predominantly White. This particular racial category constitutes the majority, accounting for 82.30% of the total residents in Sioux Falls. Notably, the median household income for White households is $72,817.
Interestingly, despite the White population being the most populous, it is worth noting that Black or African American households actually reports the highest median household income, with a median income of $77,659. This reveals that, while Whites may be the most numerous in Sioux Falls, Black or African American 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.
In Sioux Falls, a diversity of median household incomes is evident among households of different races. The Black or African American households boast the highest median household income at about $77,659. White households have a median income of approximately $72,817. Some Other Race households have a median income of approximately $71,655. Asian households have a median income of approximately $62,003. American Indian and Alaska Native households have a median income of approximately $56,436. Conversely, Two or More Races households reveal the lowest median income at $53,713. These disparities underscore the varied income distribution within the city of Sioux Falls.
Sioux Falls, SD median household income trends across races
A decade typically encompasses substantial economic changes. To conduct a comprehensive analysis of these changes in Sioux Falls, we have analysed how these changes have unfolded among the racial categories identified by the U.S. Census Bureau for the city of Sioux Falls.
Key stats for each racial category as per our analysis of U.S. Census Bureau American Community Survey:
- White: In Sioux Falls, the median household income for the households where the householder is White increased by $8,558(13.32%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $64,259 in 2012 and $72,817 in 2022.
- Black or African American: In Sioux Falls, the median household income for the households where the householder is Black or African American increased by $43,489(127.27%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $34,170 in 2012 and $77,659 in 2022.
- American Indian and Alaska Native: In Sioux Falls, the median household income for the households where the householder is American Indian and Alaska Native increased by $32,151(132.39%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $24,285 in 2012 and $56,436 in 2022.
- Asian: In Sioux Falls, the median household income for the households where the householder is Asian decreased by $32,882(34.65%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $94,885 in 2012 and $62,003 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 Sioux Falls, the median household income for the households where the householder is Some other race increased by $15,054(26.60%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $56,601 in 2012 and $71,655 in 2022.
- Two or more races (multiracial): In Sioux Falls, the median household income for the households where the householder is multiracial increased by $13,688(34.20%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $40,025 in 2012 and $53,713 in 2022.
- Above analysis reconfirms that there are 6 race households in Sioux Falls. Households are categorized based on the self-identified race of the head of household.
Sioux Falls 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 | $67,251 | $69,704 | $64,259 | $65,987 | $71,482 | $70,332 | $74,467 | $76,902 | $68,683 | $72,617 | N/A | $81,619 | $72,817 |
| Black or African American | $41,691 | $27,833 | $34,170 | $40,296 | $39,520 | $32,266 | $53,518 | $28,571 | $48,908 | $57,003 | N/A | $66,563 | $77,659 |
| American Indian and Alaska Native | N/A | N/A | $24,285 | $31,840 | $20,462 | $64,583 | $19,641 | $33,419 | $31,839 | $31,408 | N/A | N/A | $56,436 |
| Asian | $118,507 | $63,298 | $94,885 | $57,747 | $77,069 | $111,665 | $80,997 | $100,670 | N/A | $59,938 | N/A | $270,229 | $62,003 |
| Some Other Race | $68,825 | N/A | $56,601 | $70,579 | N/A | $50,210 | $59,479 | $99,090 | $62,345 | N/A | N/A | $56,683 | $71,655 |
| Two or More Races | $27,695 | $65,737 | $40,025 | N/A | $39,123 | N/A | $41,197 | $72,236 | $90,214 | $79,658 | N/A | $52,006 | $53,713 |
Key observations: Households with Black or African American householders witnessed significant growth in median household income, marking an impressive increase of $43,489. On the other hand, households where householder is Asian experienced a notable decline, with a decrease of $32,882 in median income.