Age of householder
Per the latest American Community Survey by the Census Bureau, Bates City sees its highest median household income among householders in the age group of 45 to 64 years old, at $84,446. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Bates City, where there exist only two delineated age groups, the median household income is $84,446 for householders within the 45 to 64 years age group, compared to $47,290 for the 65 years and over age group.
- Notably, household income for individuals within the 45 to 64 years age group demonstrated a remarkable increase of $5,174(6.53%), escalating from a median of $79,272 in 2011 to $84,446 in 2021.
- 0 households where the householder is under 25 years old.
- 9(13.43%) households with a householder aged between 25 and 44 years.
- 32(47.76%) households with a householder aged between 45 and 64 years.
- 26(38.81%) households where the householder is over 65 years old.
Read more about Bates City, MO median household income by age ➔
Gender
In Bates City, the population consists of 79 males (48.77%) and 83 females (51.23%). Here are the primary highlights from the gender-based income distribution analysis:
- In Bates City, the median income for all workers aged 15 years and older, regardless of work hours, was $39,183 for males and $32,427 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $63,504 for males and $65,530 for females.
- In Bates City, the median income for all workers aged 15 years and older, regardless of work hours, was $39,183 for males and $32,427 for females.
- In Bates City, among full-time, year-round workers aged 15 years and older, males earned a median income of $63,504, while females earned $65,530
Read more about Bates City, MO income by gender ➔
Race
In Bates City, the population is predominantly White, constituting 87.04% 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 $68,908.
- In Bates City, White is both the largest group and the one with the highest median household income, which stands at $68,908.
- In Bates City, the median household income for the households where the householder is White decreased by $11,181(13.96%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $80,089 in 2011 and $68,908 in 2021.
- As per the U.S. Census Bureau population data, in Bates City, 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 Bates City, MO median household income by race ➔
Year by year
Bates City, MO median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Bates City decreased by $18,254 (20.81%), 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 13,023 (from $50,399 to $63,422). Similarly the most substantial year-by-year decline occured from 2014 to 2015, when the median household income decreased by 13,270 (from $62,051 to $48,781).
- It then further increased to $51,006 for 3-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.3734, it is evident that income distribution in Bates City, MO exihibits characterstics of moderate equality .
- NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $39,377.
Read more about Bates City, MO median household income ➔