Gender
In Collinston, the population consists of 69 males (38.12%) and 112 females (61.88%). Here are the primary highlights from the gender-based income distribution analysis:
- In Collinston, the Census Bureau did not report the median income for all workers aged 15 years and older, regardless of work hours, for both males and females due to an insufficient number of sample observations.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $39,326 for males and $43,642 for females.
- In Collinston, the Census Bureau did not report the median income for all workers aged 15 years and older, regardless of work hours, for both males and females due to an insufficient number of sample observations.
- In Collinston, among full-time, year-round workers aged 15 years and older, males earned a median income of $39,326, while females earned $43,642
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Race
In Collinston, the population is predominantly Black or African American, constituting 55.80% 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 $8,048.
- In Collinston, 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 $36,211. This reveals that, while Black or African Americans may be the most numerous in Collinston, White households experience greater economic prosperity in terms of median household income.
- In Collinston, the median household income for the households where the householder is White increased by $2,377(7.03%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $33,834 in 2011 and $36,211 in 2021.
- In Collinston, the median household income for the households where the householder is Black or African American decreased by $16,172(66.77%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $24,220 in 2011 and $8,048 in 2021.
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Year by year
Collinston, LA median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Collinston decreased by $25,654 (72.43%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 3 years and declined for 8 years.
- The most significant year-by-year growth occured from 2012 to 2013, when the median household income increased by 3,561 (from $28,649 to $32,210). Similarly the most substantial year-by-year decline occured from 2020 to 2021, when the median household income decreased by 10,915 (from $20,680 to $9,765).
- It then further increased to $55,735 for 3-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.5263, it is evident that income distribution in Collinston, LA exihibits characterstics of moderate inequality .
- 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 $8,686.
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