Age of householder
Per the latest American Community Survey by the Census Bureau, Copperhill sees its highest median household income among householders in the age group of 45 to 64 years old, at $67,655. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Copperhill, where there exist only two delineated age groups, the median household income is $67,655 for householders within the 45 to 64 years age group, compared to $31,656 for the 25 to 44 years age group.
- Notably, household income for individuals within the 45 to 64 years age group demonstrated the smallest decline of $11,617(14.65%), declining from a median of $79,272 in 2011 to $67,655 in 2021.
- 0 households where the householder is under 25 years old.
- 48(22.12%) households with a householder aged between 25 and 44 years.
- 113(52.07%) households with a householder aged between 45 and 64 years.
- 56(25.81%) households where the householder is over 65 years old.
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Gender
In Copperhill, the population consists of 255 males (50.00%) and 255 females (50.00%). Here are the primary highlights from the gender-based income distribution analysis:
- In Copperhill, the median income for all workers aged 15 years and older, regardless of work hours, was $16,777 for males and $25,672 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the Census reported a median income of $55,167 for females, while data for males was unavailable due to an insufficient number of sample observations.
- In Copperhill, the median income for all workers aged 15 years and older, regardless of work hours, was $16,777 for males and $25,672 for females.
- In Copperhill, for full-time, year-round workers aged 15 years and older, the Census reported a median income of $55,167 for females, while data for males was unavailable due to an insufficient number of sample observations.
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Year by year
Copperhill, TN median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Copperhill decreased by $8,108 (19.16%), 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 2019 to 2020, when the median household income increased by 5,057 (from $30,810 to $35,867). Similarly the most substantial year-by-year decline occured from 2011 to 2012, when the median household income decreased by 9,666 (from $37,797 to $28,131).
- It then further increased to $73,975 for 4-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.3906, it is evident that income distribution in Copperhill, TN exihibits characterstics of moderate equality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $67,787. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $23,073.
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