Age of householder
Per the latest American Community Survey by the Census Bureau, Bar Nunn sees its highest median household income among householders in the age group of 25 to 44 years old, at $121,031. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Bar Nunn, householders within the 25 to 44 years age group have the highest median household income at $121,031, followed by those in the under 25 years age group with an income of $119,760. Meanwhile householders within the 45 to 64 years age group report the second lowest median household income of $92,813. Notably, householders within the 65 years and over age group, had the lowest median household income at $64,765.
- Notably, household income for individuals within the Under 25 years age group demonstrated a remarkable increase of $49,898(71.42%), escalating from a median of $69,862 in 2011 to $119,760 in 2021.
- 21(2.39%) households where the householder is under 25 years old.
- 452(51.42%) households with a householder aged between 25 and 44 years.
- 259(29.47%) households with a householder aged between 45 and 64 years.
- 147(16.72%) households where the householder is over 65 years old.
Read more about Bar Nunn, WY median household income by age ➔
Gender
In Bar Nunn, the population consists of 1,495 males (51.61%) and 1,402 females (48.39%). Here are the primary highlights from the gender-based income distribution analysis:
- In Bar Nunn, the median income for all workers aged 15 years and older, regardless of work hours, was $68,264 for males and $40,148 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $74,865 for males and $46,839 for females.
- In Bar Nunn, the median income for all workers aged 15 years and older, regardless of work hours, was $68,264 for males and $40,148 for females.
- In Bar Nunn, among full-time, year-round workers aged 15 years and older, males earned a median income of $74,865, while females earned $46,839, leading to a 37% gender pay gap among full-time workers. This illustrates that women earn 63 cents for each dollar earned by men in full-time roles. This level of income gap emphasizes the urgency to address and rectify this ongoing disparity, where women, despite working full-time, face a more significant wage discrepancy compared to men in the same employment roles.
Read more about Bar Nunn, WY income by gender ➔
Race
In Bar Nunn, the population is predominantly White, constituting 83.15% 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 $106,064.
- In Bar Nunn, despite the White population being the most populous, it is worth noting that Two or More Races households actually reports the highest median household income, with a median income of $157,101. This reveals that, while Whites may be the most numerous in Bar Nunn, Two or More Races households experience greater economic prosperity in terms of median household income.
- In Bar Nunn, the median household income for the households where the householder is White increased by $17,435(19.67%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $88,629 in 2011 and $106,064 in 2021.
- As per the U.S. Census Bureau population data, in Bar Nunn, there are no households where the householder is Black or African American; hence, the median household income for the Black or African American population is not applicable.
Read more about Bar Nunn, WY median household income by race ➔
Year by year
Bar Nunn, WY median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Bar Nunn increased by $19,859 (22.73%), 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 2018 to 2019, when the median household income increased by 16,406 (from $93,282 to $109,688). Similarly the most substantial year-by-year decline occured from 2013 to 2014, when the median household income decreased by 4,545 (from $94,163 to $89,618).
- It then further increased to $105,990 for 7-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.2857, it is evident that income distribution in Bar Nunn, WY exihibits characterstics of moderate equality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $108,187. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $60,608.
Read more about Bar Nunn, WY median household income ➔