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 Coalmont, the population consists of 23 males (50.00%) and 23 females (50.00%). Here are the primary highlights from the gender-based income distribution analysis:
- In Coalmont, while the Census reported a median income of $35,805 for all male workers aged 15 years and older, data for females in the same category was unavailable due to an insufficient number of sample observations.
- However, when specifically considering full-time, year-round workers within the same age group, while the Census reported a median income of $39,183 for males, while data for females was unavailable due to an insufficient number of sample observations.
- In Coalmont, while the Census reported a median income of $35,805 for all male workers aged 15 years and older, data for females in the same category was unavailable due to an insufficient number of sample observations.
- In Coalmont, for full-time, year-round workers aged 15 years and older, while the Census reported a median income of $39,183 for males, while data for females was unavailable due to an insufficient number of sample observations.
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Race
In Coalmont, the population is predominantly White, constituting 100% 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 $36,211.
- In Coalmont, White is both the largest group and the one with the highest median household income, which stands at $36,211.
- In Coalmont, the median household income for the households where the householder is White increased by $6,245(20.84%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $29,966 in 2011 and $36,211 in 2021.
- As per the U.S. Census Bureau population data, in Coalmont, 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
Coalmont, PA median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Coalmont increased by $3,042 (9.17%), 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 2013 to 2014, when the median household income increased by 16,935 (from $26,811 to $43,746). Similarly the most substantial year-by-year decline occured from 2019 to 2020, when the median household income decreased by 24,444 (from $63,631 to $39,187).
- Additionally, the Census Bureau did not report a median household income for larger household sizes.
- With a Gini coefficient of 0.4651, it is evident that income distribution in Coalmont, PA exihibits characterstics of moderate inequality .
- NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $62,924.
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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)