Median Household Income by Racial Categories in Springfield, IL (2022)
This table presents the median household income across different racial categories in Springfield, based on the latest 1-Year estimates from the American Community Survey.
Race Of The Head Of Household | Median Household Income |
---|---|
White | $64,764 |
Black or African American | $28,300 |
Asian | $134,146 |
Two or More Races | $40,700 |
TABLE OF CONTENTS
Springfield, IL median household income diversity
Based on our analysis of the distribution of Springfield population by race & ethnicity, the population is predominantly White. This particular racial category constitutes the majority, accounting for 71.61% of the total residents in Springfield. Notably, the median household income for White households is $64,764.
Interestingly, despite the White population being the most populous, it is worth noting that Asian households actually reports the highest median household income, with a median income of $134,146. This reveals that, while Whites may be the most numerous in Springfield, Asian 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.
![Springfield, IL median household income diversity across racial categories The bar chart shows Springfield, IL median household income across all racial categories identified by the U.S. Census Bureau.](https://i.neilsberg.com/ch/springfield-il-median-household-income-by-race.jpeg)
In Springfield, a diversity of median household incomes is evident among households of different races. The Asian households boast the highest median household income at about $134,146. White households have a median income of approximately $64,764. Two or More Races households have a median income of approximately $40,700. Conversely, Black or African American households reveal the lowest median income at $28,300. These disparities underscore the varied income distribution within the city of Springfield.
Springfield, IL median household income trends across races
A decade typically encompasses substantial economic changes. To conduct a comprehensive analysis of these changes in Springfield, we have analysed how these changes have unfolded among the racial categories identified by the U.S. Census Bureau for the city of Springfield.
Key stats for each racial category as per our analysis of U.S. Census Bureau American Community Survey:
- White: In Springfield, the median household income for the households where the householder is White decreased by $7,484(10.36%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $72,248 in 2012 and $64,764 in 2022.
- Black or African American: In Springfield, the median household income for the households where the householder is Black or African American decreased by $4,255(13.07%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $32,555 in 2012 and $28,300 in 2022.
- 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 2012 and 2022.
- Asian: In Springfield, the median household income for the households where the householder is Asian increased by $78,565(141.35%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $55,581 in 2012 and $134,146 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: 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 2012 and 2022.
- Two or more races (multiracial): In Springfield, there was no reported median household income for multiracial households in 2012. However, in 2022, the median household income increased to $40,700, marking a significant change.
- Above analysis reconfirms that there are 4 race households in Springfield. Households are categorized based on the self-identified race of the head of household.
![Springfield, IL median household income trends across races (2012-2022, in 2022 inflation-adjusted dollars) Line chart showing Springfield, IL median household income trends for all racial categories identified by the U.S. Census Bureau. The chart illustrates income trends between 2012 and 2022, with incomes values adjusted for inflation using 2022 Consumer Price Index retroactive series using current methods. It provides insights into income disparities and variations across racial categories, aiding in data analysis and decision-making.](https://i.neilsberg.com/ch/springfield-il-median-household-income-by-race-trends.jpeg)
Springfield 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 | $65,856 | $66,257 | $72,248 | $67,955 | $69,144 | $72,876 | $64,499 | $68,483 | $66,885 | $70,718 | N/A | $75,945 | $64,764 |
Black or African American | $38,907 | $27,505 | $32,555 | $31,052 | $34,784 | $37,177 | $31,075 | $26,017 | $27,372 | $30,567 | N/A | $17,735 | $28,300 |
American Indian and Alaska Native | $3,372 | $69,964 | N/A | N/A | N/A | $106,359 | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Asian | N/A | $71,434 | $55,581 | $97,585 | $39,805 | $70,945 | $75,709 | $85,022 | $107,091 | $89,764 | N/A | $100,460 | $134,146 |
Some Other Race | N/A | N/A | N/A | N/A | N/A | $70,134 | N/A | N/A | N/A | N/A | N/A | $23,423 | N/A |
Two or More Races | N/A | $74,600 | N/A | N/A | $48,325 | $19,126 | $56,111 | $48,122 | N/A | N/A | N/A | $73,774 | $40,700 |
Key observations: Households with Asian householders witnessed significant growth in median household income, marking an impressive increase of $78,565. On the other hand, households where householder is White experienced a notable decline, with a decrease of $7,484 in median income.
Things to know
Which racial group has the highest median household income according to the Census Bureau in Springfield, IL?
Among the racial categories identified by the U.S. Census Bureau, and the American Community Survey 2022 1-Year Estimates, households with Asian householders in Springfield have the highest median household income at $134,146.
How does the median household income vary by race in Springfield, IL?
In Springfield, the median household income In Springfield, a diversity of median household incomes is evident among households of different races. The Asian households boast the highest median household income at about $134,146. White households have a median income of approximately $64,764. Two or More Races households have a median income of approximately $40,700. Conversely, Black or African American households reveal the lowest median income at $28,300. These disparities underscore the varied income distribution within the city of Springfield..
Which racial group has the lowest median household income according to the Census Bureau in Springfield, IL?
Of the racial categories outlined by the U.S. Census Bureau and the American Community Survey 2022 1-Year Estimates, households headed by individuals identifying as Black or African American in Springfield exhibit the lowest median household income at $28,300 among the identified racial categories.
What is the median household income for White households in Springfield, IL?
In Springfield, the median household income for the households where the householder is White decreased by $7,484(10.36%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $72,248 in 2012 and $64,764 in 2022.
What is the median household income for Black or African American households in Springfield, IL?
In Springfield, the median household income for the households where the householder is Black or African American decreased by $4,255(13.07%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $32,555 in 2012 and $28,300 in 2022.
References
- U.S. Census Bureau American Community Survey (ACS) 2022 1-Year Estimates
- Consumer Price Index retroactive series using current methods (R-CPI-U-RS)