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
Gender
In Bisbee, the population consists of 42 males (59.15%) and 29 females (40.85%). Here are the primary highlights from the gender-based income distribution analysis:
- In Bisbee, while the Census reported a median income of $17,565 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 $124,575 for males and $34,049 for females.
- In Bisbee, while the Census reported a median income of $17,565 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 Bisbee, among full-time, year-round workers aged 15 years and older, males earned a median income of $124,575, while females earned $34,049, leading to a 73% gender pay gap among full-time workers. This illustrates that women earn 27 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.
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Race
In Bisbee, the population is predominantly White, constituting 97.18% 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 $25,672.
- In Bisbee, White is both the largest group and the one with the highest median household income, which stands at $25,672.
- In Bisbee, the median household income for the households where the householder is White decreased by $9,959(27.95%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $35,631 in 2011 and $25,672 in 2021.
- As per the U.S. Census Bureau population data, in Bisbee, 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
Bisbee, ND median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Bisbee decreased by $3,563 (12.19%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 4 years and declined for 7 years.
- The most significant year-by-year growth occured from 2014 to 2015, when the median household income increased by 27,885 (from $39,092 to $66,977). Similarly the most substantial year-by-year decline occured from 2019 to 2020, when the median household income decreased by 18,364 (from $50,234 to $31,870).
- It then further increased to $159,975 for 3-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.548, it is evident that income distribution in Bisbee, ND exihibits characterstics of moderate inequality .
- NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $37,832.
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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)