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, Coahoma County sees its highest median household income among householders in the age group of 45 to 64 years old, at $38,115. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Coahoma County, the median household income stands at $38,115 for householders within the 45 to 64 years age group, followed by $33,542 for the 65 years and over age group. Notably, householders within the 25 to 44 years age group, had the lowest median household income at $31,016.
- Notably, household income for individuals within the 65 years and over age group demonstrated a remarkable increase of $1,159(3.58%), escalating from a median of $32,383 in 2011 to $33,542 in 2021.
- 140(1.69%) households where the householder is under 25 years old.
- 2,317(27.91%) households with a householder aged between 25 and 44 years.
- 3,482(41.95%) households with a householder aged between 45 and 64 years.
- 2,362(28.45%) households where the householder is over 65 years old.
Read more about Coahoma County, MS median household income by age ➔
Gender
In Coahoma County, the population consists of 10,113 males (46.31%) and 11,726 females (53.69%). Here are the primary highlights from the gender-based income distribution analysis:
- In Coahoma County, the median income for all workers aged 15 years and older, regardless of work hours, was $25,677 for males and $18,626 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $45,337 for males and $31,437 for females.
- In Coahoma County, the median income for all workers aged 15 years and older, regardless of work hours, was $25,677 for males and $18,626 for females.
- In Coahoma County, among full-time, year-round workers aged 15 years and older, males earned a median income of $45,337, while females earned $31,437, leading to a 31% gender pay gap among full-time workers. This illustrates that women earn 69 cents for each dollar earned by men in full-time roles. This level of income gap emphasizes the urgency to address and rectify this ongoing disparity, where women, despite working full-time, face a more significant wage discrepancy compared to men in the same employment roles.
Read more about Coahoma County, MS income by gender ➔
Race
In Coahoma County, the population is predominantly Black or African American, constituting 75.56% 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 $28,599.
- In Coahoma County, despite the Black or African American population being the most populous, it is worth noting that White households actually reports the highest median household income, with a median income of $57,752. This reveals that, while Black or African Americans may be the most numerous in Coahoma County, White households experience greater economic prosperity in terms of median household income.
- In Coahoma County, the median household income for the households where the householder is White decreased by $4,091(6.62%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $61,843 in 2011 and $57,752 in 2021.
- In Coahoma County, the median household income for the households where the householder is Black or African American increased by $2,066(7.79%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $26,533 in 2011 and $28,599 in 2021.
Read more about Coahoma County, MS median household income by race ➔
Year by year
Coahoma County, MS median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Coahoma County increased by $484 (1.45%), 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 2019 to 2020, when the median household income increased by 1,420 (from $33,437 to $34,857). Similarly the most substantial year-by-year decline occured from 2018 to 2019, when the median household income decreased by 1,645 (from $35,082 to $33,437).
- It then further increased to $49,103 for 7-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.5284, it is evident that income distribution in Coahoma County, MS exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $44,113. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $17,451.
Read more about Coahoma County, MS median household income ➔
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)