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, Del Norte sees its highest median household income among householders in the age group of 25 to 44 years old, at $69,584. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Del Norte, the median household income stands at $69,584 for householders within the 25 to 44 years age group, followed by $36,815 for the 65 years and over age group. Notably, householders within the 45 to 64 years age group, had the lowest median household income at $35,805.
- Notably, household income for individuals within the 25 to 44 years age group demonstrated a remarkable increase of $29,130(72.01%), escalating from a median of $40,454 in 2011 to $69,584 in 2021.
- 8(1.03%) households where the householder is under 25 years old.
- 156(20%) households with a householder aged between 25 and 44 years.
- 314(40.26%) households with a householder aged between 45 and 64 years.
- 302(38.72%) households where the householder is over 65 years old.
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Gender
In Del Norte, the population consists of 1,013 males (60.77%) and 654 females (39.23%). Here are the primary highlights from the gender-based income distribution analysis:
- In Del Norte, the median income for all workers aged 15 years and older, regardless of work hours, was $33,003 for males and $27,996 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $37,458 for males and $61,072 for females.
- In Del Norte, the median income for all workers aged 15 years and older, regardless of work hours, was $33,003 for males and $27,996 for females.
- In Del Norte, among full-time, year-round workers aged 15 years and older, males earned a median income of $37,458, while females earned $61,072
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Race
In Del Norte, the population is predominantly White, constituting 82.18% 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 $38,732.
- In Del Norte, despite the White population being the most populous, it is worth noting that American Indian and Alaska Native households actually reports the highest median household income, with a median income of $54,239. This reveals that, while Whites may be the most numerous in Del Norte, American Indian and Alaska Native households experience greater economic prosperity in terms of median household income.
- In Del Norte, the median household income for the households where the householder is White increased by $2,540(7.02%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $36,192 in 2011 and $38,732 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
Del Norte, CO median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Del Norte increased by $1,864 (4.90%), 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 2020 to 2021, when the median household income increased by 3,719 (from $36,214 to $39,933). Similarly the most substantial year-by-year decline occured from 2010 to 2011, when the median household income decreased by 3,541 (from $38,069 to $34,528).
- It then further increased to $122,434 for 5-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.4372, it is evident that income distribution in Del Norte, CO exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $50,361. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $35,409.
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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)