All incomes in 2022 inflation-adjusted dollars using R-CPI-U-RS. Sources: U.S. Census Bureau, American Community Survey (ACS) 2017-2021 5-Year Estimates
TABLE OF CONTENTS
Age of householder
Per the latest American Community Survey by the Census Bureau, Alorton sees its highest median household income among householders in the age group of under 25 years old, at $33,972. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Alorton, householders within the under 25 years age group have the highest median household income at $33,972, followed by those in the 45 to 64 years age group with an income of $31,260. Meanwhile householders within the 65 years and over age group report the second lowest median household income of $21,787. Notably, householders within the 25 to 44 years age group, had the lowest median household income at $13,187.
- Notably, household income for individuals within the Under 25 years age group demonstrated a remarkable increase of $16,320(92.45%), escalating from a median of $17,652 in 2011 to $33,972 in 2021.
- 14(2.41%) households where the householder is under 25 years old.
- 214(36.77%) households with a householder aged between 25 and 44 years.
- 201(34.54%) households with a householder aged between 45 and 64 years.
- 153(26.29%) households where the householder is over 65 years old.
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Gender
In Alorton, the population consists of 827 males (44.37%) and 1,037 females (55.63%). Here are the primary highlights from the gender-based income distribution analysis:
- In Alorton, the median income for all workers aged 15 years and older, regardless of work hours, was $15,395 for males and $15,454 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $32,304 for males and $32,203 for females.
- In Alorton, for all workers aged 15 years and older, irrespective of full-time or part-time work, the median income was $15,454 for both males and females.
- In Alorton, for all full-time workers aged 15 years and older, the median income was equal at, $32,203 for both males and females. This indicates a gender income balance in Alorton, where both men and women, in full-time year-round roles, earn an equal income.
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Race
In Alorton, the population is predominantly Black or African American, constituting 96.89% 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 $20,859.
- In Alorton, Black or African American is both the largest group and the one with the highest median household income, which stands at $20,859.
- In Alorton, the median household income for White households was $12,123 in 2011(2022 inflation-adjusted dollars). However there is no reported data for 2021, indicating a lack of information for this specific year.
- In Alorton, the median household income for the households where the householder is Black or African American decreased by $2,153(9.36%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $23,012 in 2011 and $20,859 in 2021.
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Year by year
Alorton, IL median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Alorton decreased by $534 (2.46%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 5 years and declined for 6 years.
- The most significant year-by-year growth occured from 2017 to 2018, when the median household income increased by 3,099 (from $23,294 to $26,393). Similarly the most substantial year-by-year decline occured from 2019 to 2020, when the median household income decreased by 3,547 (from $25,942 to $22,395).
- It then further decreased to 11,986 for 5-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.5742, it is evident that income distribution in Alorton, IL exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $24,413. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $19,430.
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References
- U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates
- Consumer Price Index retroactive series using current methods (R-CPI-U-RS)