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, Big Creek sees its highest median household income among householders in the age group of 45 to 64 years old, at $52,694. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Big Creek, where there exist only two delineated age groups, the median household income is $52,694 for householders within the 45 to 64 years age group, compared to $15,031 for the 65 years and over age group.
- Notably, household income for individuals within the 65 years and over age group demonstrated the smallest decline of $11,121(42.52%), declining from a median of $26,152 in 2011 to $15,031 in 2021.
- 0 households where the householder is under 25 years old.
- 6(12.24%) households with a householder aged between 25 and 44 years.
- 26(53.06%) households with a householder aged between 45 and 64 years.
- 17(34.69%) households where the householder is over 65 years old.
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Gender
In Big Creek, the population consists of 81 males (63.78%) and 46 females (36.22%). Here are the primary highlights from the gender-based income distribution analysis:
- In Big Creek, the median income for all workers aged 15 years and older, regardless of work hours, was $27,698 for males and $15,876 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $34,679 for males and $28,104 for females.
- In Big Creek, the median income for all workers aged 15 years and older, regardless of work hours, was $27,698 for males and $15,876 for females.
- In Big Creek, among full-time, year-round workers aged 15 years and older, males earned a median income of $34,679, while females earned $28,104, leading to a 19% gender pay gap among full-time workers. This illustrates that women earn 81 cents for each dollar earned by men in full-time roles. This analysis indicates a widening gender pay gap, showing a substantial income disparity where women, despite working full-time, face a more significant wage discrepancy compared to men in the same roles.
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Race
In Big Creek, the population is predominantly White, constituting 65.35% 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 not available from the U.S. Census Bureau, possibly due to insufficient sample size, confidentiality or privacy constraints..
- In Big Creek, despite the White population being the most populous, there is no income data available in the latest American Community Survey for it. Based on analysis from all of the data that is available, it is worth noting that Black or African American households actually reports the highest median household income, with a median income of $52,694. This reveals that, while Whites may be the most numerous in Big Creek, Black or African American households experience greater economic prosperity in terms of median household income.
- In Big Creek, the median household income for White households was $28,693 in 2011(2022 inflation-adjusted dollars). However there is no reported data for 2021, indicating a lack of information for this specific year.
- In Big Creek, the median household income for the households where the householder is Black or African American decreased by $17,043(24.44%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $69,737 in 2011 and $52,694 in 2021.
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Year by year
Big Creek, MS median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Big Creek increased by $12,369 (41.91%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 6 years and declined for 5 years.
- The most significant year-by-year growth occured from 2011 to 2012, when the median household income increased by 23,274 (from $29,239 to $52,513). Similarly the most substantial year-by-year decline occured from 2019 to 2020, when the median household income decreased by 20,288 (from $52,866 to $32,578).
- Additionally, the Census Bureau did not report a median household income for larger household sizes.
- With a Gini coefficient of 0.3577, it is evident that income distribution in Big Creek, MS exihibits characterstics of moderate equality .
- NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $27,698.
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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)