Age of householder
Per the latest American Community Survey by the Census Bureau, Allakaket sees its highest median household income among householders in the age group of 65 years and over old, at $65,755. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Allakaket, the median household income stands at $65,755 for householders within the 65 years and over age group, followed by $27,023 for the 25 to 44 years age group. Notably, householders within the 45 to 64 years age group, had the lowest median household income at $11,485.
- Notably, household income for individuals within the 25 to 44 years age group demonstrated a remarkable increase of $2,740(11.28%), escalating from a median of $24,283 in 2011 to $27,023 in 2021.
- 0 households where the householder is under 25 years old.
- 26(48.15%) households with a householder aged between 25 and 44 years.
- 18(33.33%) households with a householder aged between 45 and 64 years.
- 10(18.52%) households where the householder is over 65 years old.
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Gender
In Allakaket, the population consists of 139 males (65.26%) and 74 females (34.74%). Here are the primary highlights from the gender-based income distribution analysis:
- In Allakaket, while the Census reported a median income of $14,525 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, while the Census reported a median income of $60,608 for males, while data for females was unavailable due to an insufficient number of sample observations.
- In Allakaket, while the Census reported a median income of $14,525 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 Allakaket, for full-time, year-round workers aged 15 years and older, while the Census reported a median income of $60,608 for males, while data for females was unavailable due to an insufficient number of sample observations.
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Race
In Allakaket, the population is predominantly American Indian and Alaska Native, constituting 75.12% 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 $22,699.
- In Allakaket, American Indian and Alaska Native is both the largest group and the one with the highest median household income, which stands at $22,699.
- Even though there is a population where the householder is White, there was no median household income reported by the U.S. Census Bureau for both 2011 and 2021.
- As per the U.S. Census Bureau population data, in Allakaket, 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
Allakaket, AK median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Allakaket decreased by $2,194 (8.45%), 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 2012 to 2013, when the median household income increased by 8,820 (from $22,948 to $31,768). Similarly the most substantial year-by-year decline occured from 2017 to 2018, when the median household income decreased by 4,139 (from $32,635 to $28,496).
- Additionally, the Census Bureau did not report a median household income for larger household sizes.
- With a Gini coefficient of 0.5208, it is evident that income distribution in Allakaket, AK exihibits characterstics of moderate inequality .
- NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $83,021.
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