Age of householder
Per the latest American Community Survey by the Census Bureau, Arcola sees its highest median household income among householders in the age group of 45 to 64 years old, at $36,593. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, Arcola only reports a median household income of $36,593 among householders in the 45 to 64 years age group.
- Notably, household income for individuals within the 45 to 64 years age group demonstrated the smallest decline of $6,837(15.74%), declining from a median of $43,430 in 2011 to $36,593 in 2021.
- 0 households where the householder is under 25 years old.
- 0 households with a householder aged between 25 and 44 years.
- 13(100%) households with a householder aged between 45 and 64 years.
- 0 households where the householder is over 65 years old.
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Gender
In Arcola, the population consists of 14 males (43.75%) and 18 females (56.25%). Here are the primary highlights from the gender-based income distribution analysis:
- In Arcola, while the Census reported a median income of $21,017 for all male workers aged 15 years and older, data for females 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 Census Bureau did not report the median income for both males and females due to an insufficient number of sample observations.
- In Arcola, while the Census reported a median income of $21,017 for all male workers aged 15 years and older, data for females in the same category was unavailable due to an insufficient number of sample observations.
- In Arcola, for full-time, year-round workers aged 15 years and older, the Census Bureau did not report the median income for both males and females due to an insufficient number of sample observations.
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Year by year
Arcola, MO median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Arcola increased by $14,148 (63.03%), 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 2010 to 2011, when the median household income increased by 18,962 (from $22,445 to $41,407). Similarly the most substantial year-by-year decline occured from 2011 to 2012, when the median household income decreased by 10,988 (from $41,407 to $30,419).
- NA
- With a Gini coefficient of 0.0698, it is evident that income distribution in Arcola, MO exihibits characterstics of high equality .
- NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $29,388.
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