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
Gender
In Cicero, the population consists of 41,977 males (49.44%) and 42,928 females (50.56%). Here are the primary highlights from the gender-based income distribution analysis:
- In Cicero, the median income for all workers aged 15 years and older, regardless of work hours, was $40,452 for males and $29,300 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $50,773 for males and $38,692 for females.
- In Cicero, the median income for all workers aged 15 years and older, regardless of work hours, was $40,452 for males and $29,300 for females.
- In Cicero, among full-time, year-round workers aged 15 years and older, males earned a median income of $50,773, while females earned $38,692, leading to a 24% gender pay gap among full-time workers. This illustrates that women earn 76 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.
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Race
In Cicero, the population is predominantly some other race, constituting 56.63% of the total residents. Here are the key highlights from the analysis of income distribution by race:
- The median household income for some other race households is $72,330.
- In Cicero, despite the some other race population being the most populous, it is worth noting that Asian households actually reports the highest median household income, with a median income of $101,476. This reveals that, while some other races may be the most numerous in Cicero, Asian households experience greater economic prosperity in terms of median household income.
- In Cicero, the median household income for the households where the householder is White increased by $20,642(44.33%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $46,561 in 2012 and $67,203 in 2022.
- In Cicero, the median household income for the households where the householder is Black or African American decreased by $22(0.04%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $53,264 in 2012 and $53,242 in 2022.
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Year by year
Cicero, IL median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Cicero increased by $4,064 (6.88%), 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 2019 to 2020, when the median household income increased by 4,195 (from $56,684 to $60,879). Similarly the most substantial year-by-year decline occured from 2013 to 2014, when the median household income decreased by 3,762 (from $55,738 to $51,976).
- It then further increased to $132,954 for 7-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.3577, it is evident that income distribution in Cicero, IL exihibits characterstics of moderate equality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $73,356. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $44,882.
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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)