Age of householder
Per the latest American Community Survey by the Census Bureau, Calverton Park sees its highest median household income among householders in the age group of 45 to 64 years old, at $64,275. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Calverton Park, where there exist only two delineated age groups, the median household income is $64,275 for householders within the 45 to 64 years age group, compared to $42,851 for the 65 years and over age group.
- Notably, household income for individuals within the 65 years and over age group demonstrated a remarkable increase of $206(0.48%), escalating from a median of $42,645 in 2011 to $42,851 in 2021.
- 7(1.40%) households where the householder is under 25 years old.
- 163(32.53%) households with a householder aged between 25 and 44 years.
- 181(36.13%) households with a householder aged between 45 and 64 years.
- 150(29.94%) households where the householder is over 65 years old.
Read more about Calverton Park, MO median household income by age ➔
Gender
In Calverton Park, the population consists of 614 males (48.23%) and 659 females (51.77%). Here are the primary highlights from the gender-based income distribution analysis:
- In Calverton Park, the median income for all workers aged 15 years and older, regardless of work hours, was $45,457 for males and $33,406 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $68,233 for males and $53,821 for females.
- In Calverton Park, the median income for all workers aged 15 years and older, regardless of work hours, was $45,457 for males and $33,406 for females.
- In Calverton Park, among full-time, year-round workers aged 15 years and older, males earned a median income of $68,233, while females earned $53,821, leading to a 21% gender pay gap among full-time workers. This illustrates that women earn 79 cents for each dollar earned by men in full-time roles. This analysis indicates a widening gender pay gap, showing a substantial income disparity where women, despite working full-time, face a more significant wage discrepancy compared to men in the same roles.
Read more about Calverton Park, MO income by gender ➔
Race
In Calverton Park, the population is predominantly White, constituting 45.25% 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 $69,629.
- In Calverton Park, White is both the largest group and the one with the highest median household income, which stands at $69,629.
- In Calverton Park, the median household income for the households where the householder is White decreased by $481(0.69%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $70,110 in 2011 and $69,629 in 2021.
- In Calverton Park, the median household income for the households where the householder is Black or African American increased by $19,922(89.14%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $22,349 in 2011 and $42,271 in 2021.
Read more about Calverton Park, MO median household income by race ➔
Year by year
Calverton Park, MO median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Calverton Park decreased by $6,613 (9.79%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 5 years and declined for 6 years.
- The most significant year-by-year growth occured from 2017 to 2018, when the median household income increased by 9,500 (from $52,920 to $62,420). Similarly the most substantial year-by-year decline occured from 2011 to 2012, when the median household income decreased by 9,530 (from $59,542 to $50,012).
- It then further increased to $50,616 for 3-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.4376, it is evident that income distribution in Calverton Park, MO exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $79,792. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $38,405.
Read more about Calverton Park, MO median household income ➔