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 Cushing, the population consists of 410 males (49.70%) and 415 females (50.30%). Here are the primary highlights from the gender-based income distribution analysis:
- In Cushing, the median income for all workers aged 15 years and older, regardless of work hours, was $35,343 for males and $23,023 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $34,017 for males and $58,735 for females.
- In Cushing, the median income for all workers aged 15 years and older, regardless of work hours, was $35,343 for males and $23,023 for females.
- In Cushing, among full-time, year-round workers aged 15 years and older, males earned a median income of $34,017, while females earned $58,735
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Race
In Cushing, the population is predominantly White, constituting 79.27% 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 $75,327.
- In Cushing, White is both the largest group and the one with the highest median household income, which stands at $75,327.
- In Cushing, the median household income for the households where the householder is White increased by $33,334(79.38%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $41,993 in 2011 and $75,327 in 2021.
- Even though there is a population where the householder is Black or African American, there was no median household income reported by the U.S. Census Bureau for both 2011 and 2021.
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Year by year
Cushing, TX median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Cushing increased by $33,390 (83.95%), 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 23,831 (from $45,929 to $69,760). Similarly the most substantial year-by-year decline occured from 2014 to 2015, when the median household income decreased by 10,947 (from $62,051 to $51,104).
- It then further increased to $187,087 for 4-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.4897, it is evident that income distribution in Cushing, TX exihibits characterstics of moderate inequality .
- NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $41,998.
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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)