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
Age of householder
Per the latest American Community Survey by the Census Bureau, Bull Creek sees its highest median household income among householders in the age group of 45 to 64 years old, at $30,625. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Bull Creek, the median household income stands at $30,625 for householders within the 45 to 64 years age group, followed by $28,374 for the 65 years and over age group. Notably, householders within the under 25 years age group, had the lowest median household income at $26,637.
- Notably, household income for individuals within the 65 years and over age group demonstrated a remarkable increase of $15,595(122.04%), escalating from a median of $12,779 in 2011 to $28,374 in 2021.
- 18(9.14%) households where the householder is under 25 years old.
- 119(60.41%) households with a householder aged between 25 and 44 years.
- 44(22.34%) households with a householder aged between 45 and 64 years.
- 16(8.12%) households where the householder is over 65 years old.
Read more about Bull Creek, MO median household income by age ➔
Gender
In Bull Creek, the population consists of 266 males (46.34%) and 308 females (53.66%). Here are the primary highlights from the gender-based income distribution analysis:
- In Bull Creek, the median income for all workers aged 15 years and older, regardless of work hours, was $24,922 for males and $18,916 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $39,396 for males and $25,756 for females.
- In Bull Creek, the median income for all workers aged 15 years and older, regardless of work hours, was $24,922 for males and $18,916 for females.
- In Bull Creek, among full-time, year-round workers aged 15 years and older, males earned a median income of $39,396, while females earned $25,756, leading to a 35% gender pay gap among full-time workers. This illustrates that women earn 65 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 Bull Creek, the population is predominantly White, constituting 82.93% 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 $34,550.
- In Bull Creek, White is both the largest group and the one with the highest median household income, which stands at $34,550.
- In Bull Creek, the median household income for the households where the householder is White increased by $12,262(55.02%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $22,288 in 2011 and $34,550 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
Bull Creek, MO median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Bull Creek increased by $6,655 (29.35%), 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 2018 to 2019, when the median household income increased by 6,714 (from $24,550 to $31,264). Similarly the most substantial year-by-year decline occured from 2017 to 2018, when the median household income decreased by 4,321 (from $28,871 to $24,550).
- It then further increased to $78,980 for 5-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.3518, it is evident that income distribution in Bull Creek, MO exihibits characterstics of moderate equality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $43,777. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $13,117.
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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)