Age of householder
Per the latest American Community Survey by the Census Bureau, Coffee City sees its highest median household income among householders in the age group of 45 to 64 years old, at $67,782. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Coffee City, where there exist only two delineated age groups, the median household income is $67,782 for householders within the 45 to 64 years age group, compared to $67,557 for the 65 years and over age group.
- Notably, household income for individuals within the 45 to 64 years age group demonstrated a remarkable increase of $7,634(12.69%), escalating from a median of $60,148 in 2011 to $67,782 in 2021.
- 4(3.23%) households where the householder is under 25 years old.
- 13(10.48%) households with a householder aged between 25 and 44 years.
- 39(31.45%) households with a householder aged between 45 and 64 years.
- 68(54.84%) households where the householder is over 65 years old.
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Gender
In Coffee City, the population consists of 129 males (53.97%) and 110 females (46.03%). Here are the primary highlights from the gender-based income distribution analysis:
- In Coffee City, the median income for all workers aged 15 years and older, regardless of work hours, was $39,183 for males and $28,825 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $38,218 for males and $38,846 for females.
- In Coffee City, the median income for all workers aged 15 years and older, regardless of work hours, was $39,183 for males and $28,825 for females.
- In Coffee City, among full-time, year-round workers aged 15 years and older, males earned a median income of $38,218, while females earned $38,846
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Race
In Coffee City, the population is predominantly White, constituting 66.95% 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 $68,097.
- In Coffee City, White is both the largest group and the one with the highest median household income, which stands at $68,097.
- In Coffee City, the median household income for the households where the householder is White decreased by $8,723(11.36%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $76,820 in 2011 and $68,097 in 2021.
- In Coffee City, the median household income for the households where the householder is Black or African American decreased by $19,346(32.55%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $59,429 in 2011 and $40,083 in 2021.
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Year by year
Coffee City, TX median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Coffee City decreased by $4,522 (7.22%), 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 2017 to 2018, when the median household income increased by 11,365 (from $49,402 to $60,767). Similarly the most substantial year-by-year decline occured from 2016 to 2017, when the median household income decreased by 10,733 (from $60,135 to $49,402).
- It then further decreased to 41,435 for 3-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.3784, it is evident that income distribution in Coffee City, TX exihibits characterstics of moderate equality .
- 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 $68,368.
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