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, Athens sees its highest median household income among householders in the age group of 45 to 64 years old, at $107,528. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Athens, the median household income stands at $107,528 for householders within the 45 to 64 years age group, followed by $66,206 for the 25 to 44 years age group. Notably, householders within the 65 years and over age group, had the lowest median household income at $58,349.
- Notably, household income for individuals within the 45 to 64 years age group demonstrated a remarkable increase of $21,917(25.60%), escalating from a median of $85,611 in 2011 to $107,528 in 2021.
- 22(8.27%) households where the householder is under 25 years old.
- 39(14.66%) households with a householder aged between 25 and 44 years.
- 117(43.98%) households with a householder aged between 45 and 64 years.
- 88(33.08%) households where the householder is over 65 years old.
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Gender
In Athens, the population consists of 589 males (51.58%) and 553 females (48.42%). Here are the primary highlights from the gender-based income distribution analysis:
- In Athens, while the Census reported a median income of $21,011 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 $52,779 for males and $52,694 for females.
- In Athens, while the Census reported a median income of $21,011 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 Athens, for all full-time workers aged 15 years and older, the median income was equal at, $52,694 for both males and females. This indicates a gender income balance in Athens, where both men and women, in full-time year-round roles, earn an equal income.
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Race
In Athens, the population is predominantly White, constituting 88.70% 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 $60,238.
- In Athens, White is both the largest group and the one with the highest median household income, which stands at $60,238.
- In Athens, the median household income for the households where the householder is White decreased by $488(0.80%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $60,726 in 2011 and $60,238 in 2021.
- 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 2011 and 2021.
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Year by year
Athens, WV median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Athens decreased by $3,505 (5.53%), 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 9,072 (from $51,085 to $60,157). Similarly the most substantial year-by-year decline occured from 2011 to 2012, when the median household income decreased by 19,874 (from $60,099 to $40,225).
- It then further increased to $135,114 for 4-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.4085, it is evident that income distribution in Athens, WV exihibits characterstics of moderate inequality .
- NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $31,527.
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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)