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, Chidester sees its highest median household income among householders in the age group of 65 years and over old, at $21,111. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, Chidester only reports a median household income of $21,111 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 $9,944(32.02%), declining from a median of $31,055 in 2011 to $21,111 in 2021.
- 0 households where the householder is under 25 years old.
- 26(20.31%) households with a householder aged between 25 and 44 years.
- 30(23.44%) households with a householder aged between 45 and 64 years.
- 72(56.25%) households where the householder is over 65 years old.
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Gender
In Chidester, the population consists of 211 males (54.10%) and 179 females (45.90%). Here are the primary highlights from the gender-based income distribution analysis:
- In Chidester, the median income for all workers aged 15 years and older, regardless of work hours, was $20,193 for males and $17,319 for females.
- However, when specifically considering full-time, year-round workers within the same age group, while the Census reported a median income of $64,855 for males, while data for females was unavailable due to an insufficient number of sample observations.
- In Chidester, the median income for all workers aged 15 years and older, regardless of work hours, was $20,193 for males and $17,319 for females.
- In Chidester, for full-time, year-round workers aged 15 years and older, while the Census reported a median income of $64,855 for males, while data for females was unavailable due to an insufficient number of sample observations.
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Race
In Chidester, the population is predominantly Black or African American, constituting 81.54% of the total residents. Here are the key highlights from the analysis of income distribution by race:
- The median household income for Black or African American households is not available from the U.S. Census Bureau, possibly due to insufficient sample size, confidentiality or privacy constraints..
- In Chidester, despite the Black or African American population being the most populous, there is no income data available in the latest American Community Survey for it. Based on analysis from all of the data that is available, it is worth noting that White households actually reports the highest median household income, with a median income of $20,718. This reveals that, while Black or African Americans may be the most numerous in Chidester, White households experience greater economic prosperity in terms of median household income.
- In Chidester, the median household income for the households where the householder is White decreased by $12,789(38.17%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $33,507 in 2011 and $20,718 in 2021.
- In Chidester, the median household income for Black or African American households was $36,504 in 2011(2022 inflation-adjusted dollars). However there is no reported data for 2021, indicating a lack of information for this specific year.
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Year by year
Chidester, AR median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Chidester decreased by $17,212 (45.56%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 5 years and declined for 6 years.
- The most significant year-by-year growth occured from 2018 to 2019, when the median household income increased by 10,100 (from $37,264 to $47,364). Similarly the most substantial year-by-year decline occured from 2019 to 2020, when the median household income decreased by 26,896 (from $47,364 to $20,468).
- It then further increased to $69,873 for 5-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.4789, it is evident that income distribution in Chidester, AR exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $49,992. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $16,484.
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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)