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
Gender
In Canalou, the population consists of 95 males (54.29%) and 80 females (45.71%). Here are the primary highlights from the gender-based income distribution analysis:
- In Canalou, the median income for all workers aged 15 years and older, regardless of work hours, was $32,968 for males and $27,923 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $34,003 for males and $43,816 for females.
- In Canalou, the median income for all workers aged 15 years and older, regardless of work hours, was $32,968 for males and $27,923 for females.
- In Canalou, among full-time, year-round workers aged 15 years and older, males earned a median income of $34,003, while females earned $43,816
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Race
In Canalou, the population is predominantly White, constituting 97.14% 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 $58,099.
- In Canalou, White is both the largest group and the one with the highest median household income, which stands at $58,099.
- In Canalou, the median household income for the households where the householder is White increased by $25,818(79.98%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $32,281 in 2011 and $58,099 in 2021.
- As per the U.S. Census Bureau population data, in Canalou, 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
Canalou, MO median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Canalou increased by $9,762 (26.01%), 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 8,513 (from $37,276 to $45,789). Similarly the most substantial year-by-year decline occured from 2015 to 2016, when the median household income decreased by 7,210 (from $45,941 to $38,731).
- It then further increased to $113,496 for 4-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.3699, it is evident that income distribution in Canalou, MO exihibits characterstics of moderate equality .
- NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $38,389.
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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)