Overview
$35,805
Median household income
0.5017
Gini coefficient
** (N/A)
Highest median income age group
$NA
Income of top 5%
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
Race
In Catron, the population is predominantly White, constituting 95.12% 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 $35,130.
- In Catron, White is both the largest group and the one with the highest median household income, which stands at $35,130.
- In Catron, the median household income for the households where the householder is White increased by $806(2.35%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $34,324 in 2011 and $35,130 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
Catron, MO median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Catron increased by $3,036 (9.26%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 6 years and declined for 5 years.
- The most significant year-by-year growth occured from 2019 to 2020, when the median household income increased by 7,432 (from $27,270 to $34,702). Similarly the most substantial year-by-year decline occured from 2014 to 2015, when the median household income decreased by 6,173 (from $30,508 to $24,335).
- NA
- With a Gini coefficient of 0.5017, it is evident that income distribution in Catron, MO exihibits characterstics of moderate inequality .
- NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $30,442.
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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)