Age of householder
Per the latest American Community Survey by the Census Bureau, Clio sees its highest median household income among householders in the age group of 25 to 44 years old, at $73,112. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, Clio only reports a median household income of $73,112 among householders in the 25 to 44 years age group.
- Notably, household income for individuals within the 25 to 44 years age group demonstrated a remarkable increase of $36,064(97.34%), escalating from a median of $37,048 in 2011 to $73,112 in 2021.
- 0 households where the householder is under 25 years old.
- 37(17.29%) households with a householder aged between 25 and 44 years.
- 109(50.93%) households with a householder aged between 45 and 64 years.
- 68(31.78%) households where the householder is over 65 years old.
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Gender
In Clio, the population consists of 254 males (41.37%) and 360 females (58.63%). Here are the primary highlights from the gender-based income distribution analysis:
- In Clio, the median income for all workers aged 15 years and older, regardless of work hours, was $28,619 for males and $17,114 for females.
- However, when specifically considering full-time, year-round workers within the same age group, while the Census reported a median income of $26,958 for males, while data for females was unavailable due to an insufficient number of sample observations.
- In Clio, the median income for all workers aged 15 years and older, regardless of work hours, was $28,619 for males and $17,114 for females.
- In Clio, for full-time, year-round workers aged 15 years and older, while the Census reported a median income of $26,958 for males, while data for females was unavailable due to an insufficient number of sample observations.
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Year by year
Clio, SC median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Clio decreased by $3,418 (9.03%), 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 2012 to 2013, when the median household income increased by 11,798 (from $38,670 to $50,468). Similarly the most substantial year-by-year decline occured from 2015 to 2016, when the median household income decreased by 9,965 (from $51,104 to $41,139).
- It then further increased to $119,576 for 3-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.4958, it is evident that income distribution in Clio, SC exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $68,148. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $14,562.
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