Gender
In Akron, the population consists of 177 males (45.97%) and 208 females (54.03%). Here are the primary highlights from the gender-based income distribution analysis:
- In Akron, the median income for all workers aged 15 years and older, regardless of work hours, was $26,859 for males and $12,761 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the Census reported a median income of $17,940 for females, while data for males was unavailable due to an insufficient number of sample observations.
- In Akron, the median income for all workers aged 15 years and older, regardless of work hours, was $26,859 for males and $12,761 for females.
- In Akron, for full-time, year-round workers aged 15 years and older, the Census reported a median income of $17,940 for females, while data for males was unavailable due to an insufficient number of sample observations.
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Race
In Akron, the population is predominantly Black or African American, constituting 77.92% of the total residents. Here are the key highlights from the analysis of income distribution by race:
- The median household income for Black or African American households is $24,082.
- In Akron, Black or African American is both the largest group and the one with the highest median household income, which stands at $24,082.
- In Akron, the median household income for White households was $30,238 in 2011(2022 inflation-adjusted dollars). However there is no reported data for 2021, indicating a lack of information for this specific year.
- In Akron, the median household income for the households where the householder is Black or African American decreased by $11,549(32.41%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $35,631 in 2011 and $24,082 in 2021.
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Year by year
Akron, AL median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Akron decreased by $8,126 (20.91%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 4 years and declined for 7 years.
- The most significant year-by-year growth occured from 2017 to 2018, when the median household income increased by 3,845 (from $23,738 to $27,583). Similarly the most substantial year-by-year decline occured from 2015 to 2016, when the median household income decreased by 5,630 (from $26,843 to $21,213).
- Additionally, the Census Bureau did not report a median household income for larger household sizes.
- With a Gini coefficient of 0.3801, it is evident that income distribution in Akron, AL exihibits characterstics of moderate equality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $51,729. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $0.
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