Age of householder
Per the latest American Community Survey by the Census Bureau, Claire City sees its highest median household income among householders in the age group of 45 to 64 years old, at $135,452. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Claire City, where there exist only two delineated age groups, the median household income is $135,452 for householders within the 45 to 64 years age group, compared to $66,206 for the 25 to 44 years age group.
- Notably, household income for individuals within the 45 to 64 years age group demonstrated a remarkable increase of $78,246(136.78%), escalating from a median of $57,206 in 2011 to $135,452 in 2021.
- 0 households where the householder is under 25 years old.
- 9(28.12%) households with a householder aged between 25 and 44 years.
- 16(50%) households with a householder aged between 45 and 64 years.
- 7(21.88%) households where the householder is over 65 years old.
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Gender
In Claire City, the population consists of 40 males (54.05%) and 34 females (45.95%). Here are the primary highlights from the gender-based income distribution analysis:
- In Claire City, the median income for all workers aged 15 years and older, regardless of work hours, was $26,040 for males and $31,076 for females.
- However, when specifically considering full-time, year-round workers within the same age group, while the Census reported a median income of $54,721 for males, while data for females was unavailable due to an insufficient number of sample observations.
- In Claire City, the median income for all workers aged 15 years and older, regardless of work hours, was $26,040 for males and $31,076 for females.
- In Claire City, for full-time, year-round workers aged 15 years and older, while the Census reported a median income of $54,721 for males, while data for females was unavailable due to an insufficient number of sample observations.
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Race
In Claire City, the population is predominantly White, constituting 91.89% 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 $64,855.
- In Claire City, White is both the largest group and the one with the highest median household income, which stands at $64,855.
- In Claire City, the median household income for the households where the householder is White increased by $17,455(36.82%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $47,400 in 2011 and $64,855 in 2021.
- As per the U.S. Census Bureau population data, in Claire City, 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
Claire City, SD median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Claire City increased by $5,261 (8.83%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 7 years and declined for 4 years.
- The most significant year-by-year growth occured from 2017 to 2018, when the median household income increased by 8,885 (from $56,387 to $65,272). Similarly the most substantial year-by-year decline occured from 2013 to 2014, when the median household income decreased by 11,434 (from $58,748 to $47,314).
- It then further increased to $74,313 for 3-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.3934, it is evident that income distribution in Claire City, SD exihibits characterstics of moderate equality .
- NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $18,700.
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