Age of householder
Per the latest American Community Survey by the Census Bureau, Briarcliffe Acres sees its highest median household income among householders in the age group of 45 to 64 years old, at $180,377. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Briarcliffe Acres, the median household income stands at $180,377 for householders within the 45 to 64 years age group, followed by $114,847 for the 65 years and over age group. Notably, householders within the 25 to 44 years age group, had the lowest median household income at $101,336.
- Notably, household income for individuals within the 45 to 64 years age group demonstrated a remarkable increase of $29,025(19.18%), escalating from a median of $151,352 in 2011 to $180,377 in 2021.
- 0 households where the householder is under 25 years old.
- 22(10.23%) households with a householder aged between 25 and 44 years.
- 67(31.16%) households with a householder aged between 45 and 64 years.
- 126(58.60%) households where the householder is over 65 years old.
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Gender
In Briarcliffe Acres, the population consists of 326 males (57.09%) and 245 females (42.91%). Here are the primary highlights from the gender-based income distribution analysis:
- In Briarcliffe Acres, while the Census reported a median income of $31,415 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 $90,256 for males, while data for females was unavailable due to an insufficient number of sample observations.
- In Briarcliffe Acres, while the Census reported a median income of $31,415 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 Briarcliffe Acres, for full-time, year-round workers aged 15 years and older, while the Census reported a median income of $90,256 for males, while data for females was unavailable due to an insufficient number of sample observations.
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Race
In Briarcliffe Acres, the population is predominantly White, constituting 94.05% 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 $151,057.
- In Briarcliffe Acres, White is both the largest group and the one with the highest median household income, which stands at $151,057.
- In Briarcliffe Acres, the median household income for the households where the householder is White increased by $14,851(10.90%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $136,206 in 2011 and $151,057 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
Briarcliffe Acres, SC median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Briarcliffe Acres increased by $3,005 (2.06%), 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 2016 to 2017, when the median household income increased by 23,180 (from $133,009 to $156,189). Similarly the most substantial year-by-year decline occured from 2011 to 2012, when the median household income decreased by 21,812 (from $135,661 to $113,849).
- It then further increased to $270,229 for 4-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.493, it is evident that income distribution in Briarcliffe Acres, SC exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $137,816. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $156,882.
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