Age of householder
Per the latest American Community Survey by the Census Bureau, Belmore sees its highest median household income among householders in the age group of 45 to 64 years old, at $72,511. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, Belmore only reports a median household income of $72,511 among householders in the 45 to 64 years age group.
- Notably, household income for individuals within the 45 to 64 years age group demonstrated the smallest decline of $42,136(36.75%), declining from a median of $114,647 in 2011 to $72,511 in 2021.
- 0 households where the householder is under 25 years old.
- 4(13.79%) households with a householder aged between 25 and 44 years.
- 19(65.52%) households with a householder aged between 45 and 64 years.
- 6(20.69%) households where the householder is over 65 years old.
Read more about Belmore, OH median household income by age ➔
Gender
In Belmore, the population consists of 55 males (60.44%) and 36 females (39.56%). Here are the primary highlights from the gender-based income distribution analysis:
- In Belmore, while the Census reported a median income of $30,401 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 $58,910 for males and $35,130 for females.
- In Belmore, while the Census reported a median income of $30,401 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 Belmore, among full-time, year-round workers aged 15 years and older, males earned a median income of $58,910, while females earned $35,130, leading to a 40% gender pay gap among full-time workers. This illustrates that women earn 60 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 Belmore, OH income by gender ➔
Race
In Belmore, the population is predominantly some other race, constituting 42.86% of the total residents. Here are the key highlights from the analysis of income distribution by race:
- The median household income for some other race households is $58,369.
- In Belmore, despite the some other race population being the most populous, it is worth noting that White households actually reports the highest median household income, with a median income of $77,915. This reveals that, while some other races may be the most numerous in Belmore, White households experience greater economic prosperity in terms of median household income.
- In Belmore, the median household income for the households where the householder is White increased by $28,414(57.40%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $49,501 in 2011 and $77,915 in 2021.
- As per the U.S. Census Bureau population data, in Belmore, 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 Belmore, OH median household income by race ➔
Year by year
Belmore, OH median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Belmore increased by $15,906 (31.29%), 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 10,660 (from $47,306 to $57,966). Similarly the most substantial year-by-year decline occured from 2010 to 2011, when the median household income decreased by 5,075 (from $50,840 to $45,765).
- Additionally, the Census Bureau did not report a median household income for larger household sizes.
- With a Gini coefficient of 0.162, it is evident that income distribution in Belmore, OH exihibits characterstics of high equality .
- NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $32,562.
Read more about Belmore, OH median household income ➔