Age of householder
Per the latest American Community Survey by the Census Bureau, Billingsley sees its highest median household income among householders in the age group of 45 to 64 years old, at $49,992. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Billingsley, where there exist only two delineated age groups, the median household income is $49,992 for householders within the 45 to 64 years age group, compared to $25,221 for the 25 to 44 years age group.
- Notably, household income for individuals within the 45 to 64 years age group demonstrated the smallest decline of $21,925(30.49%), declining from a median of $71,917 in 2011 to $49,992 in 2021.
- 0 households where the householder is under 25 years old.
- 20(37.04%) households with a householder aged between 25 and 44 years.
- 16(29.63%) households with a householder aged between 45 and 64 years.
- 18(33.33%) households where the householder is over 65 years old.
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Gender
In Billingsley, the population consists of 65 males (48.87%) and 68 females (51.13%). Here are the primary highlights from the gender-based income distribution analysis:
- In Billingsley, while the Census reported a median income of $12,587 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, while the Census reported a median income of $58,099 for males, while data for females was unavailable due to an insufficient number of sample observations.
- In Billingsley, while the Census reported a median income of $12,587 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 Billingsley, for full-time, year-round workers aged 15 years and older, while the Census reported a median income of $58,099 for males, while data for females was unavailable due to an insufficient number of sample observations.
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Race
In Billingsley, the population is predominantly Black or African American, constituting 50.38% of the total residents. Here are the key highlights from the analysis of income distribution by race:
- The median household income for Black or African American households is not available from the U.S. Census Bureau, possibly due to insufficient sample size, confidentiality or privacy constraints..
- In Billingsley, despite the Black or African American 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 White households actually reports the highest median household income, with a median income of $47,290. This reveals that, while Black or African Americans may be the most numerous in Billingsley, White households experience greater economic prosperity in terms of median household income.
- In Billingsley, the median household income for the households where the householder is White decreased by $18,906(28.56%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $66,196 in 2011 and $47,290 in 2021.
- Even though there is a population where the householder is Black or African American, there was no median household income reported by the U.S. Census Bureau for both 2011 and 2021.
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Year by year
Billingsley, AL median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Billingsley decreased by $19,855 (37.02%), 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 2020 to 2021, when the median household income increased by 8,815 (from $24,964 to $33,779). Similarly the most substantial year-by-year decline occured from 2011 to 2012, when the median household income decreased by 13,013 (from $62,110 to $49,097).
- Additionally, the Census Bureau did not report a median household income for larger household sizes.
- With a Gini coefficient of 0.4111, it is evident that income distribution in Billingsley, AL exihibits characterstics of moderate inequality .
- NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $26,617.
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