Age of householder
Per the latest American Community Survey by the Census Bureau, Cheneyville sees its highest median household income among householders in the age group of 65 years and over old, at $15,787. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, Cheneyville only reports a median household income of $15,787 among householders in the 65 years and over age group.
- Notably, household income for individuals within the 65 years and over age group demonstrated the smallest decline of $8,526(35.07%), declining from a median of $24,313 in 2011 to $15,787 in 2021.
- 0 households where the householder is under 25 years old.
- 46(12.92%) households with a householder aged between 25 and 44 years.
- 134(37.64%) households with a householder aged between 45 and 64 years.
- 176(49.44%) households where the householder is over 65 years old.
Read more about Cheneyville, LA median household income by age ➔
Gender
In Cheneyville, the population consists of 314 males (39.95%) and 472 females (60.05%). Here are the primary highlights from the gender-based income distribution analysis:
- In Cheneyville, the median income for all workers aged 15 years and older, regardless of work hours, was $16,163 for males and $12,971 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $57,585 for males and $41,493 for females.
- In Cheneyville, the median income for all workers aged 15 years and older, regardless of work hours, was $16,163 for males and $12,971 for females.
- In Cheneyville, among full-time, year-round workers aged 15 years and older, males earned a median income of $57,585, while females earned $41,493, leading to a 28% gender pay gap among full-time workers. This illustrates that women earn 72 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 Cheneyville, LA income by gender ➔
Year by year
Cheneyville, LA median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Cheneyville decreased by $19,498 (49.37%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 3 years and declined for 8 years.
- The most significant year-by-year growth occured from 2018 to 2019, when the median household income increased by 6,519 (from $22,873 to $29,392). Similarly the most substantial year-by-year decline occured from 2010 to 2011, when the median household income decreased by 8,644 (from $39,495 to $30,851).
- It then further increased to $26,572 for 6-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.5259, it is evident that income distribution in Cheneyville, LA exihibits characterstics of moderate inequality .
- NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $26,622.
Read more about Cheneyville, LA median household income ➔