Age of householder
Per the latest American Community Survey by the Census Bureau, Aleknagik sees its highest median household income among householders in the age group of 25 to 44 years old, at $87,824. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Aleknagik, where there exist only two delineated age groups, the median household income is $87,824 for householders within the 25 to 44 years age group, compared to $43,912 for the 45 to 64 years age group.
- Notably, household income for individuals within the 25 to 44 years age group demonstrated a remarkable increase of $18,359(26.43%), escalating from a median of $69,465 in 2011 to $87,824 in 2021.
- 0 households where the householder is under 25 years old.
- 6(14.63%) households with a householder aged between 25 and 44 years.
- 25(60.98%) households with a householder aged between 45 and 64 years.
- 10(24.39%) households where the householder is over 65 years old.
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Gender
In Aleknagik, the population consists of 63 males (50.40%) and 62 females (49.60%). Here are the primary highlights from the gender-based income distribution analysis:
- In Aleknagik, while the Census reported a median income of $25,672 for all female workers aged 15 years and older, data for males in the same category was unavailable due to an insufficient number of sample observations.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $91,878 for males and $52,694 for females.
- In Aleknagik, while the Census reported a median income of $25,672 for all female workers aged 15 years and older, data for males in the same category was unavailable due to an insufficient number of sample observations.
- In Aleknagik, among full-time, year-round workers aged 15 years and older, males earned a median income of $91,878, while females earned $52,694, leading to a 43% gender pay gap among full-time workers. This illustrates that women earn 57 cents for each dollar earned by men in full-time roles. This level of income gap emphasizes the urgency to address and rectify this ongoing disparity, where women, despite working full-time, face a more significant wage discrepancy compared to men in the same employment roles.
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Race
In Aleknagik, the population is predominantly American Indian and Alaska Native, constituting 65.60% of the total residents. Here are the key highlights from the analysis of income distribution by race:
- The median household income for American Indian and Alaska Native households is $40,083.
- In Aleknagik, despite the American Indian and Alaska Native 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 $91,202. This reveals that, while American Indian and Alaska Natives may be the most numerous in Aleknagik, Two or More Races households experience greater economic prosperity in terms of median household income.
- In Aleknagik, the median household income for White households was $159,361 in 2011(2022 inflation-adjusted dollars). However there is no reported data for 2021, indicating a lack of information for this specific year.
- As per the U.S. Census Bureau population data, in Aleknagik, there are no households where the householder is Black or African American; hence, the median household income for the Black or African American population is not applicable.
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Year by year
Aleknagik, AK median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Aleknagik decreased by $13,002 (20.42%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 7 years and declined for 4 years.
- The most significant year-by-year growth occured from 2017 to 2018, when the median household income increased by 12,438 (from $50,399 to $62,837). Similarly the most substantial year-by-year decline occured from 2014 to 2015, when the median household income decreased by 16,636 (from $68,514 to $51,878).
- It then further increased to $49,992 for 5-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.3872, it is evident that income distribution in Aleknagik, AK exihibits characterstics of moderate equality .
- NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $60,745.
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