Age of householder
Per the latest American Community Survey by the Census Bureau, Deer Creek sees its highest median household income among householders in the age group of 65 years and over old, at $87,149. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Deer Creek, where there exist only two delineated age groups, the median household income is $87,149 for householders within the 65 years and over age group, compared to $73,541 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 $40,567(87.09%), escalating from a median of $46,582 in 2011 to $87,149 in 2021.
- 1(2.63%) households where the householder is under 25 years old.
- 11(28.95%) households with a householder aged between 25 and 44 years.
- 15(39.47%) households with a householder aged between 45 and 64 years.
- 11(28.95%) households where the householder is over 65 years old.
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Gender
In Deer Creek, the population consists of 49 males (38.89%) and 77 females (61.11%). Here are the primary highlights from the gender-based income distribution analysis:
- In Deer Creek, while the Census reported a median income of $75,084 for all male workers aged 15 years and older, data for females 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, the median income was $81,744 for males and $31,076 for females.
- In Deer Creek, while the Census reported a median income of $75,084 for all male workers aged 15 years and older, data for females in the same category was unavailable due to an insufficient number of sample observations.
- In Deer Creek, among full-time, year-round workers aged 15 years and older, males earned a median income of $81,744, while females earned $31,076, leading to a 62% gender pay gap among full-time workers. This illustrates that women earn 38 cents for each dollar earned by men in full-time roles. This level of income gap emphasizes the urgency to address and rectify this ongoing disparity, where women, despite working full-time, face a more significant wage discrepancy compared to men in the same employment roles.
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Race
In Deer Creek, the population is predominantly White, constituting 52.38% 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 $75,278.
- In Deer Creek, White is both the largest group and the one with the highest median household income, which stands at $75,278.
- In Deer Creek, the median household income for the households where the householder is White increased by $7,611(11.25%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $67,667 in 2011 and $75,278 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
Deer Creek, OK median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Deer Creek increased by $38,566 (90.74%), 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 2020 to 2021, when the median household income increased by 27,716 (from $53,352 to $81,068). Similarly the most substantial year-by-year decline occured from 2015 to 2016, when the median household income decreased by 27,013 (from $65,705 to $38,692).
- Additionally, the Census Bureau did not report a median household income for larger household sizes.
- With a Gini coefficient of 0.3136, it is evident that income distribution in Deer Creek, OK exihibits characterstics of moderate equality .
- NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $35,580.
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