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, Atlantic Beach sees its highest median household income among householders in the age group of 45 to 64 years old, at $41,692. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Atlantic Beach, where there exist only two delineated age groups, the median household income is $41,692 for householders within the 45 to 64 years age group, compared to $39,087 for the 25 to 44 years age group.
- Notably, household income for individuals within the 45 to 64 years age group demonstrated a remarkable increase of $24,938(148.85%), escalating from a median of $16,754 in 2011 to $41,692 in 2021.
- 3(2.59%) households where the householder is under 25 years old.
- 39(33.62%) households with a householder aged between 25 and 44 years.
- 28(24.14%) households with a householder aged between 45 and 64 years.
- 46(39.66%) households where the householder is over 65 years old.
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Gender
In Atlantic Beach, the population consists of 145 males (48.49%) and 154 females (51.51%). Here are the primary highlights from the gender-based income distribution analysis:
- In Atlantic Beach, the median income for all workers aged 15 years and older, regardless of work hours, was $30,765 for males and $23,287 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $32,011 for males and $59,619 for females.
- In Atlantic Beach, the median income for all workers aged 15 years and older, regardless of work hours, was $30,765 for males and $23,287 for females.
- In Atlantic Beach, among full-time, year-round workers aged 15 years and older, males earned a median income of $32,011, while females earned $59,619
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Race
In Atlantic Beach, the population is predominantly Black or African American, constituting 72.91% 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 $41,114.
- In Atlantic Beach, Black or African American is both the largest group and the one with the highest median household income, which stands at $41,114.
- In Atlantic Beach, the median household income for the households where the householder is White decreased by $35,573(62.69%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $56,740 in 2011 and $21,167 in 2021.
- In Atlantic Beach, the median household income for the households where the householder is Black or African American increased by $10,993(36.50%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $30,121 in 2011 and $41,114 in 2021.
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Year by year
Atlantic Beach, SC median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Atlantic Beach increased by $7,332 (22.88%), 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 18,183 (from $30,771 to $48,954). Similarly the most substantial year-by-year decline occured from 2011 to 2012, when the median household income decreased by 9,023 (from $31,171 to $22,148).
- It then further increased to $39,797 for 4-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.3597, it is evident that income distribution in Atlantic Beach, SC exihibits characterstics of moderate equality .
- NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $85,933.
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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)