Age of householder
Per the latest American Community Survey by the Census Bureau, Calumet City sees its highest median household income among householders in the age group of 45 to 64 years old, at $68,030. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Calumet City, the median household income stands at $68,030 for householders within the 45 to 64 years age group, followed by $56,975 for the 25 to 44 years age group. Notably, householders within the 65 years and over age group, had the lowest median household income at $38,709.
- Notably, household income for individuals within the 45 to 64 years age group demonstrated a remarkable increase of $2,305(3.51%), escalating from a median of $65,725 in 2011 to $68,030 in 2021.
- 123(0.89%) households where the householder is under 25 years old.
- 4,455(32.06%) households with a householder aged between 25 and 44 years.
- 5,721(41.17%) households with a householder aged between 45 and 64 years.
- 3,596(25.88%) households where the householder is over 65 years old.
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Gender
In Calumet City, the population consists of 16,839 males (46.69%) and 19,226 females (53.31%). Here are the primary highlights from the gender-based income distribution analysis:
- In Calumet City, the median income for all workers aged 15 years and older, regardless of work hours, was $33,744 for males and $29,414 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $48,446 for males and $47,063 for females.
- In Calumet City, the median income for all workers aged 15 years and older, regardless of work hours, was $33,744 for males and $29,414 for females.
- In Calumet City, among full-time, year-round workers aged 15 years and older, males earned a median income of $48,446, while females earned $47,063, resulting in a 3% gender pay gap among full-time workers. This illustrates that women earn 97 cents for each dollar earned by men in full-time positions. While this gap shows a trend where women are inching closer to wage parity with men, it also exhibits a noticeable income difference for women working full-time in the city of Calumet City.
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Race
In Calumet City, the population is predominantly Black or African American, constituting 76.01% of the total residents. Here are the key highlights from the analysis of income distribution by race:
- The median household income for Black or African American households is $55,028.
- In Calumet City, despite the Black or African American population being the most populous, it is worth noting that Some Other Race households actually reports the highest median household income, with a median income of $73,844. This reveals that, while Black or African Americans may be the most numerous in Calumet City, Some Other Race households experience greater economic prosperity in terms of median household income.
- In Calumet City, the median household income for the households where the householder is White increased by $7,660(14.59%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $52,515 in 2011 and $60,175 in 2021.
- In Calumet City, the median household income for the households where the householder is Black or African American decreased by $143(0.26%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $55,171 in 2011 and $55,028 in 2021.
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Year by year
Calumet City, IL median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Calumet City decreased by $1,885 (3.19%), 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 2019 to 2020, when the median household income increased by 6,337 (from $51,045 to $57,382). Similarly the most substantial year-by-year decline occured from 2010 to 2011, when the median household income decreased by 4,278 (from $59,167 to $54,889).
- It then further increased to $58,999 for 7-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.4175, it is evident that income distribution in Calumet City, IL exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $63,367. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $38,758.
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