Age of householder
Per the latest American Community Survey by the Census Bureau, Danville sees its highest median household income among householders in the age group of 65 years and over old, at $72,151. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Danville, where there exist only two delineated age groups, the median household income is $72,151 for householders within the 65 years and over age group, compared to $62,491 for the 45 to 64 years age group.
- Notably, household income for individuals within the 65 years and over age group demonstrated a remarkable increase of $41,096(132.33%), escalating from a median of $31,055 in 2011 to $72,151 in 2021.
- 0 households where the householder is under 25 years old.
- 10(15.38%) households with a householder aged between 25 and 44 years.
- 20(30.77%) households with a householder aged between 45 and 64 years.
- 35(53.85%) households where the householder is over 65 years old.
Read more about Danville, GA median household income by age ➔
Gender
In Danville, the population consists of 128 males (61.24%) and 81 females (38.76%). Here are the primary highlights from the gender-based income distribution analysis:
- In Danville, while the Census reported a median income of $20,605 for all female workers aged 15 years and older, data for males in the same category was unavailable due to an insufficient number of sample observations.
- However, when specifically considering full-time, year-round workers within the same age group, while the Census reported a median income of $78,704 for males, while data for females was unavailable due to an insufficient number of sample observations.
- In Danville, while the Census reported a median income of $20,605 for all female workers aged 15 years and older, data for males in the same category was unavailable due to an insufficient number of sample observations.
- In Danville, for full-time, year-round workers aged 15 years and older, while the Census reported a median income of $78,704 for males, while data for females was unavailable due to an insufficient number of sample observations.
Read more about Danville, GA income by gender ➔
Race
In Danville, the population is predominantly White, constituting 60.29% 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 $63,504.
- In Danville, despite the White population being the most populous, it is worth noting that Black or African American households actually reports the highest median household income, with a median income of $75,664. This reveals that, while Whites may be the most numerous in Danville, Black or African American households experience greater economic prosperity in terms of median household income.
- In Danville, the median household income for the households where the householder is White increased by $23,731(59.67%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $39,773 in 2011 and $63,504 in 2021.
- In Danville, the median household income for the households where the householder is Black or African American increased by $58,992(353.84%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $16,672 in 2011 and $75,664 in 2021.
Read more about Danville, GA median household income by race ➔
Year by year
Danville, GA median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Danville increased by $29,060 (83.64%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 6 years and declined for 5 years.
- The most significant year-by-year growth occured from 2014 to 2015, when the median household income increased by 18,541 (from $24,820 to $43,361). Similarly the most substantial year-by-year decline occured from 2015 to 2016, when the median household income decreased by 11,637 (from $43,361 to $31,724).
- It then further increased to $79,380 for 3-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.3371, it is evident that income distribution in Danville, GA exihibits characterstics of moderate equality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $71,610. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $62,903.
Read more about Danville, GA median household income ➔