Age of householder
Per the latest American Community Survey by the Census Bureau, Danbury sees its highest median household income among householders in the age group of 45 to 64 years old, at $111,427. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, Danbury only reports a median household income of $111,427 among householders in the 45 to 64 years age group.
- Notably, household income for individuals within the 45 to 64 years age group demonstrated a remarkable increase of $30,903(38.38%), escalating from a median of $80,524 in 2011 to $111,427 in 2021.
- 0 households where the householder is under 25 years old.
- 29(30.85%) households with a householder aged between 25 and 44 years.
- 53(56.38%) households with a householder aged between 45 and 64 years.
- 12(12.77%) households where the householder is over 65 years old.
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Gender
In Danbury, the population consists of 204 males (65.59%) and 107 females (34.41%). Here are the primary highlights from the gender-based income distribution analysis:
- In Danbury, the median income for all workers aged 15 years and older, regardless of work hours, was $24,870 for males and $18,615 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $60,909 for males and $79,672 for females.
- In Danbury, the median income for all workers aged 15 years and older, regardless of work hours, was $24,870 for males and $18,615 for females.
- In Danbury, among full-time, year-round workers aged 15 years and older, males earned a median income of $60,909, while females earned $79,672
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Race
In Danbury, the population is predominantly White, constituting 94.86% 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 $79,717.
- In Danbury, White is both the largest group and the one with the highest median household income, which stands at $79,717.
- In Danbury, the median household income for the households where the householder is White increased by $390(0.49%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $79,327 in 2011 and $79,717 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
Danbury, NC median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Danbury increased by $20,444 (34.49%), 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 29,889 (from $67,458 to $97,347). Similarly the most substantial year-by-year decline occured from 2013 to 2014, when the median household income decreased by 22,050 (from $79,870 to $57,820).
- Additionally, the Census Bureau did not report a median household income for larger household sizes.
- With a Gini coefficient of 0.1749, it is evident that income distribution in Danbury, NC exihibits characterstics of high equality .
- NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $48,149.
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