Age of householder
Per the latest American Community Survey by the Census Bureau, Clarkton sees its highest median household income among householders in the age group of 65 years and over old, at $21,384. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, Clarkton only reports a median household income of $21,384 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 $13,485(38.67%), declining from a median of $34,869 in 2011 to $21,384 in 2021.
- 10(4.08%) households where the householder is under 25 years old.
- 74(30.20%) households with a householder aged between 25 and 44 years.
- 67(27.35%) households with a householder aged between 45 and 64 years.
- 94(38.37%) households where the householder is over 65 years old.
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Gender
In Clarkton, the population consists of 295 males (37.97%) and 482 females (62.03%). Here are the primary highlights from the gender-based income distribution analysis:
- In Clarkton, the median income for all workers aged 15 years and older, regardless of work hours, was $22,969 for males and $12,752 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $41,998 for males and $39,233 for females.
- In Clarkton, the median income for all workers aged 15 years and older, regardless of work hours, was $22,969 for males and $12,752 for females.
- In Clarkton, among full-time, year-round workers aged 15 years and older, males earned a median income of $41,998, while females earned $39,233, resulting in a 7% gender pay gap among full-time workers. This illustrates that women earn 93 cents for each dollar earned by men in full-time positions. While this gap shows a trend where women are inching closer to wage parity with men, it also exhibits a noticeable income difference for women working full-time in the town of Clarkton.
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Year by year
Clarkton, NC median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Clarkton decreased by $12,422 (39.57%), 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 2014 to 2015, when the median household income increased by 9,066 (from $18,228 to $27,294). Similarly the most substantial year-by-year decline occured from 2011 to 2012, when the median household income decreased by 10,185 (from $31,798 to $21,613).
- Additionally, the Census Bureau did not report a median household income for larger household sizes.
- With a Gini coefficient of 0.5474, it is evident that income distribution in Clarkton, NC exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $0. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $18,981.
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