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
Age of householder
Per the latest American Community Survey by the Census Bureau, De Baca County sees its highest median household income among householders in the age group of 45 to 64 years old, at $35,017. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in De Baca County, where there exist only two delineated age groups, the median household income is $35,017 for householders within the 45 to 64 years age group, compared to $22,519 for the 65 years and over age group.
- Notably, household income for individuals within the 65 years and over age group demonstrated the smallest decline of $4,821(17.63%), declining from a median of $27,340 in 2011 to $22,519 in 2021.
- 10(1.72%) households where the householder is under 25 years old.
- 211(36.38%) households with a householder aged between 25 and 44 years.
- 137(23.62%) households with a householder aged between 45 and 64 years.
- 222(38.28%) households where the householder is over 65 years old.
Read more about De Baca County, NM median household income by age ➔
Gender
In De Baca County, the population consists of 1,030 males (54.99%) and 843 females (45.01%). Here are the primary highlights from the gender-based income distribution analysis:
- In De Baca County, the median income for all workers aged 15 years and older, regardless of work hours, was $27,666 for males and $27,053 for females.
- However, when specifically considering full-time, year-round workers within the same age group, while the Census reported a median income of $39,545 for males, while data for females was unavailable due to an insufficient number of sample observations.
- In De Baca County, the median income for all workers aged 15 years and older, regardless of work hours, was $27,666 for males and $27,053 for females.
- In De Baca County, for full-time, year-round workers aged 15 years and older, while the Census reported a median income of $39,545 for males, while data for females was unavailable due to an insufficient number of sample observations.
Read more about De Baca County, NM income by gender ➔
Race
In De Baca County, the population is predominantly White, constituting 48.91% 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 $35,717.
- In De Baca County, White is both the largest group and the one with the highest median household income, which stands at $35,717.
- In De Baca County, the median household income for the households where the householder is White decreased by $7,906(18.12%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $43,623 in 2011 and $35,717 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.
Read more about De Baca County, NM median household income by race ➔
Year by year
De Baca County, NM median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for De Baca County decreased by $5,946 (14.38%), 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 5,820 (from $41,695 to $47,515). Similarly the most substantial year-by-year decline occured from 2014 to 2015, when the median household income decreased by 6,847 (from $47,110 to $40,263).
- It then further increased to $143,344 for 6-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.4658, it is evident that income distribution in De Baca County, NM exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $78,384. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $18,418.
Read more about De Baca County, NM median household income ➔
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)