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 Broughton, the population consists of 92 males (56.79%) and 70 females (43.21%). Here are the primary highlights from the gender-based income distribution analysis:
- In Broughton, the median income for all workers aged 15 years and older, regardless of work hours, was $30,401 for males and $19,495 for females.
- However, when specifically considering full-time, year-round workers within the same age group, while the Census reported a median income of $65,193 for males, while data for females was unavailable due to an insufficient number of sample observations.
- In Broughton, the median income for all workers aged 15 years and older, regardless of work hours, was $30,401 for males and $19,495 for females.
- In Broughton, for full-time, year-round workers aged 15 years and older, while the Census reported a median income of $65,193 for males, while data for females was unavailable due to an insufficient number of sample observations.
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Race
In Broughton, the population is predominantly White, constituting 85.80% 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 $31,752.
- In Broughton, White is both the largest group and the one with the highest median household income, which stands at $31,752.
- In Broughton, the median household income for the households where the householder is White decreased by $12,755(28.66%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $44,507 in 2011 and $31,752 in 2021.
- As per the U.S. Census Bureau population data, in Broughton, 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
Broughton, IL median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Broughton decreased by $24,394 (43.98%), 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 2020 to 2021, when the median household income increased by 4,367 (from $26,709 to $31,076). Similarly the most substantial year-by-year decline occured from 2010 to 2011, when the median household income decreased by 10,963 (from $55,470 to $44,507).
- Additionally, the Census Bureau did not report a median household income for larger household sizes.
- With a Gini coefficient of 0.4512, it is evident that income distribution in Broughton, IL exihibits characterstics of moderate inequality .
- NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $50,262.
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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)