Age of householder
Per the latest American Community Survey by the Census Bureau, Bruceville-Eddy sees its highest median household income among householders in the age group of 25 to 44 years old, at $75,346. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Bruceville-Eddy, the median household income stands at $75,346 for householders within the 25 to 44 years age group, followed by $69,624 for the 45 to 64 years age group. Notably, householders within the 65 years and over age group, had the lowest median household income at $63,135.
- Notably, household income for individuals within the 65 years and over age group demonstrated a remarkable increase of $17,604(38.66%), escalating from a median of $45,531 in 2011 to $63,135 in 2021.
- 9(1.49%) households where the householder is under 25 years old.
- 132(21.89%) households with a householder aged between 25 and 44 years.
- 264(43.78%) households with a householder aged between 45 and 64 years.
- 198(32.84%) households where the householder is over 65 years old.
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Gender
In Bruceville-Eddy, the population consists of 911 males (55.28%) and 737 females (44.72%). Here are the primary highlights from the gender-based income distribution analysis:
- In Bruceville-Eddy, the median income for all workers aged 15 years and older, regardless of work hours, was $54,003 for males and $26,251 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $61,477 for males and $37,697 for females.
- In Bruceville-Eddy, the median income for all workers aged 15 years and older, regardless of work hours, was $54,003 for males and $26,251 for females.
- In Bruceville-Eddy, among full-time, year-round workers aged 15 years and older, males earned a median income of $61,477, while females earned $37,697, leading to a 39% gender pay gap among full-time workers. This illustrates that women earn 61 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 Bruceville-Eddy, the population is predominantly White, constituting 83.74% 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 $67,943.
- In Bruceville-Eddy, despite the White population being the most populous, it is worth noting that Two or More Races households actually reports the highest median household income, with a median income of $103,813. This reveals that, while Whites may be the most numerous in Bruceville-Eddy, Two or More Races households experience greater economic prosperity in terms of median household income.
- In Bruceville-Eddy, the median household income for the households where the householder is White increased by $3,835(5.98%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $64,108 in 2011 and $67,943 in 2021.
- In Bruceville-Eddy, the median household income for Black or African American households was $186,739 in 2011(2022 inflation-adjusted dollars). However there is no reported data for 2021, indicating a lack of information for this specific year.
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Year by year
Bruceville-Eddy, TX median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Bruceville-Eddy increased by $10,689 (18.02%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 7 years and declined for 4 years.
- The most significant year-by-year growth occured from 2017 to 2018, when the median household income increased by 8,791 (from $58,563 to $67,354). Similarly the most substantial year-by-year decline occured from 2012 to 2013, when the median household income decreased by 9,758 (from $67,520 to $57,762).
- It then further increased to $66,820 for 5-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.414, it is evident that income distribution in Bruceville-Eddy, TX exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $81,339. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $29,725.
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