Age of householder
Per the latest American Community Survey by the Census Bureau, Cedar Vale sees its highest median household income among householders in the age group of 45 to 64 years old, at $39,807. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Cedar Vale, the median household income stands at $39,807 for householders within the 45 to 64 years age group, followed by $39,669 for the 25 to 44 years age group. Notably, householders within the under 25 years age group, had the lowest median household income at $25,672.
- Notably, household income for individuals within the 25 to 44 years age group demonstrated the smallest decline of $17,947(31.15%), declining from a median of $57,616 in 2011 to $39,669 in 2021.
- 8(3.12%) households where the householder is under 25 years old.
- 114(44.53%) households with a householder aged between 25 and 44 years.
- 73(28.52%) households with a householder aged between 45 and 64 years.
- 61(23.83%) households where the householder is over 65 years old.
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Gender
In Cedar Vale, the population consists of 357 males (53.85%) and 306 females (46.15%). Here are the primary highlights from the gender-based income distribution analysis:
- In Cedar Vale, the median income for all workers aged 15 years and older, regardless of work hours, was $32,635 for males and $17,532 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $33,779 for males and $34,164 for females.
- In Cedar Vale, the median income for all workers aged 15 years and older, regardless of work hours, was $32,635 for males and $17,532 for females.
- In Cedar Vale, among full-time, year-round workers aged 15 years and older, males earned a median income of $33,779, while females earned $34,164
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Race
In Cedar Vale, the population is predominantly White, constituting 81.90% 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 $40,332.
- In Cedar Vale, White is both the largest group and the one with the highest median household income, which stands at $40,332.
- In Cedar Vale, the median household income for the households where the householder is White decreased by $4,998(11.03%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $45,330 in 2011 and $40,332 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
Cedar Vale, KS median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Cedar Vale decreased by $24,908 (38.86%), 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 2015 to 2016, when the median household income increased by 10,073 (from $43,655 to $53,728). Similarly the most substantial year-by-year decline occured from 2010 to 2011, when the median household income decreased by 14,693 (from $64,091 to $49,398).
- It then further increased to $73,975 for 6-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.394, it is evident that income distribution in Cedar Vale, KS exihibits characterstics of moderate equality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $43,236. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $24,321.
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