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
Gender
In Ankeny, the population consists of 33,378 males (50.31%) and 32,968 females (49.69%). Here are the primary highlights from the gender-based income distribution analysis:
- In Ankeny, the median income for all workers aged 15 years and older, regardless of work hours, was $65,232 for males and $42,037 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $79,118 for males and $57,837 for females.
- In Ankeny, the median income for all workers aged 15 years and older, regardless of work hours, was $65,232 for males and $42,037 for females.
- In Ankeny, among full-time, year-round workers aged 15 years and older, males earned a median income of $79,118, while females earned $57,837, leading to a 27% gender pay gap among full-time workers. This illustrates that women earn 73 cents for each dollar earned by men in full-time roles. This analysis indicates a widening gender pay gap, showing a substantial income disparity where women, despite working full-time, face a more significant wage discrepancy compared to men in the same roles.
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Race
In Ankeny, the population is predominantly White, constituting 92.37% of the total residents. Here are the key highlights from the analysis of income distribution by race:
- The median household income for White households is $102,711.
- In Ankeny, 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 $111,503. This reveals that, while Whites may be the most numerous in Ankeny, Asian households experience greater economic prosperity in terms of median household income.
- In Ankeny, there was no reported median household income for White households in 2012. However, in 2022, the median household income increased to $102,711, marking a significant change.
- Even though there is a population where the householder is Black or African American, there was no median household income reported by the U.S. Census Bureau for both 2012 and 2022.
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Year by year
Ankeny, IA median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Ankeny increased by $3,382 (3.48%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 6 years and declined for 5 years.
- The most significant year-by-year growth occured from 2018 to 2019, when the median household income increased by 3,878 (from $95,427 to $99,305). Similarly the most substantial year-by-year decline occured from 2010 to 2011, when the median household income decreased by 2,033 (from $97,098 to $95,065).
- It then further decreased to -666,666,666 for 7-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.397, it is evident that income distribution in Ankeny, IA exihibits characterstics of moderate equality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $125,783. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $51,169.
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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)