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
Age of householder
Per the latest American Community Survey by the Census Bureau, Chevak sees its highest median household income among householders in the age group of 25 to 44 years old, at $36,211. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Chevak, where there exist only two delineated age groups, the median household income is $36,211 for householders within the 25 to 44 years age group, compared to $19,456 for the 65 years and over age group.
- Notably, household income for individuals within the 25 to 44 years age group demonstrated the smallest decline of $3,343(8.45%), declining from a median of $39,554 in 2011 to $36,211 in 2021.
- 0 households where the householder is under 25 years old.
- 30(22.39%) households with a householder aged between 25 and 44 years.
- 72(53.73%) households with a householder aged between 45 and 64 years.
- 32(23.88%) households where the householder is over 65 years old.
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Race
In Chevak, the population is predominantly American Indian and Alaska Native, constituting 78.64% of the total residents. Here are the key highlights from the analysis of income distribution by race:
- The median household income for American Indian and Alaska Native households is $35,670.
- In Chevak, American Indian and Alaska Native is both the largest group and the one with the highest median household income, which stands at $35,670.
- Even though there is a population where the householder is White, there was no median household income reported by the U.S. Census Bureau for both 2011 and 2021.
- As per the U.S. Census Bureau population data, in Chevak, 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
Chevak, AK median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Chevak decreased by $1,714 (4.02%), 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 2011 to 2012, when the median household income increased by 4,528 (from $43,502 to $48,030). Similarly the most substantial year-by-year decline occured from 2020 to 2021, when the median household income decreased by 6,342 (from $47,215 to $40,873).
- It then further increased to $112,145 for 7-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.5137, it is evident that income distribution in Chevak, AK exihibits characterstics of moderate inequality .
- NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $18,635.
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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)