Age of householder
Per the latest American Community Survey by the Census Bureau, Camden-On-Gauley sees its highest median household income among householders in the age group of 25 to 44 years old, at $52,244. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Camden-On-Gauley, the median household income stands at $52,244 for householders within the 25 to 44 years age group, followed by $49,992 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 $21,078.
- Notably, household income for individuals within the 25 to 44 years age group demonstrated a remarkable increase of $30,179(136.77%), escalating from a median of $22,065 in 2011 to $52,244 in 2021.
- 0 households where the householder is under 25 years old.
- 12(21.43%) households with a householder aged between 25 and 44 years.
- 36(64.29%) households with a householder aged between 45 and 64 years.
- 8(14.29%) households where the householder is over 65 years old.
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Gender
In Camden-On-Gauley, the population consists of 82 males (46.59%) and 94 females (53.41%). Here are the primary highlights from the gender-based income distribution analysis:
- In Camden-On-Gauley, while the Census reported a median income of $49,992 for all male workers aged 15 years and older, data for females in the same category was unavailable due to an insufficient number of sample observations.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $49,708 for males and $56,748 for females.
- In Camden-On-Gauley, while the Census reported a median income of $49,992 for all male workers aged 15 years and older, data for females in the same category was unavailable due to an insufficient number of sample observations.
- In Camden-On-Gauley, among full-time, year-round workers aged 15 years and older, males earned a median income of $49,708, while females earned $56,748
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Race
In Camden-On-Gauley, the population is predominantly White, constituting 72.16% 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 Camden-On-Gauley, White is both the largest group and the one with the highest median household income, which stands at $31,752.
- In Camden-On-Gauley, the median household income for the households where the householder is White increased by $5,600(21.41%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $26,152 in 2011 and $31,752 in 2021.
- As per the U.S. Census Bureau population data, in Camden-On-Gauley, 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
Camden-On-Gauley, WV median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Camden-On-Gauley increased by $19,969 (67.65%), 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 2012 to 2013, when the median household income increased by 18,982 (from $31,486 to $50,468). Similarly the most substantial year-by-year decline occured from 2014 to 2015, when the median household income decreased by 19,062 (from $53,131 to $34,069).
- It then further increased to $50,583 for 3-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.3405, it is evident that income distribution in Camden-On-Gauley, WV exihibits characterstics of moderate equality .
- NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $18,412.
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