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 Collins, the population consists of 241 males (37.31%) and 405 females (62.69%). Here are the primary highlights from the gender-based income distribution analysis:
- In Collins, the median income for all workers aged 15 years and older, regardless of work hours, was $48,040 for males and $33,373 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the Census reported a median income of $35,594 for females, while data for males was unavailable due to an insufficient number of sample observations.
- In Collins, the median income for all workers aged 15 years and older, regardless of work hours, was $48,040 for males and $33,373 for females.
- In Collins, for full-time, year-round workers aged 15 years and older, the Census reported a median income of $35,594 for females, while data for males was unavailable due to an insufficient number of sample observations.
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Race
In Collins, the population is predominantly White, constituting 59.13% 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 $58,930.
- In Collins, White is both the largest group and the one with the highest median household income, which stands at $58,930.
- In Collins, the median household income for the households where the householder is White increased by $33,479(131.54%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $25,451 in 2011 and $58,930 in 2021.
- In Collins, the median household income for Black or African American households was $12,549 in 2011(2022 inflation-adjusted dollars). However there is no reported data for 2021, indicating a lack of information for this specific year.
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Year by year
Collins, GA median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Collins increased by $23,103 (67.37%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 7 years and declined for 4 years.
- The most significant year-by-year growth occured from 2019 to 2020, when the median household income increased by 19,186 (from $38,191 to $57,377). Similarly the most substantial year-by-year decline occured from 2010 to 2011, when the median household income decreased by 15,148 (from $34,295 to $19,147).
- It then further increased to $101,065 for 5-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.5516, it is evident that income distribution in Collins, GA exihibits characterstics of moderate inequality .
- NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $32,244.
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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)