Age of householder
Per the latest American Community Survey by the Census Bureau, Bazile Mills sees its highest median household income among householders in the age group of 45 to 64 years old, at $125,656. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, Bazile Mills only reports a median household income of $125,656 among householders in the 45 to 64 years age group.
- Notably, household income for individuals within the 45 to 64 years age group demonstrated a remarkable increase of $64,091(104.10%), escalating from a median of $61,565 in 2011 to $125,656 in 2021.
- 0 households where the householder is under 25 years old.
- 4(36.36%) households with a householder aged between 25 and 44 years.
- 4(36.36%) households with a householder aged between 45 and 64 years.
- 3(27.27%) households where the householder is over 65 years old.
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Gender
In Bazile Mills, the population consists of 18 males (48.65%) and 19 females (51.35%). Here are the primary highlights from the gender-based income distribution analysis:
- In Bazile Mills, the median income for all workers aged 15 years and older, regardless of work hours, was $52,694 for males and $28,712 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $54,046 for males and $47,290 for females.
- In Bazile Mills, the median income for all workers aged 15 years and older, regardless of work hours, was $52,694 for males and $28,712 for females.
- In Bazile Mills, among full-time, year-round workers aged 15 years and older, males earned a median income of $54,046, while females earned $47,290, resulting in a 13% gender pay gap among full-time workers. This illustrates that women earn 87 cents for each dollar earned by men in full-time positions. While this gap shows a trend where women are inching closer to wage parity with men, it also exhibits a noticeable income difference for women working full-time in the village of Bazile Mills.
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Race
In Bazile Mills, the population is predominantly White, constituting 97.30% 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 $85,122.
- In Bazile Mills, White is both the largest group and the one with the highest median household income, which stands at $85,122.
- In Bazile Mills, the median household income for the households where the householder is White decreased by $26,839(23.97%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $111,961 in 2011 and $85,122 in 2021.
- As per the U.S. Census Bureau population data, in Bazile Mills, 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.
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Year by year
Bazile Mills, NE median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Bazile Mills decreased by $13,264 (13.48%), 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 2012 to 2013, when the median household income increased by 39,274 (from $63,239 to $102,513). Similarly the most substantial year-by-year decline occured from 2011 to 2012, when the median household income decreased by 48,722 (from $111,961 to $63,239).
- Additionally, the Census Bureau did not report a median household income for larger household sizes.
- With a Gini coefficient of 0.2373, it is evident that income distribution in Bazile Mills, NE exihibits characterstics of moderate equality .
- NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $60,315.
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