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
Gender
In Dequincy, the population consists of 1,671 males (53.56%) and 1,449 females (46.44%). Here are the primary highlights from the gender-based income distribution analysis:
- In Dequincy, the median income for all workers aged 15 years and older, regardless of work hours, was $27,376 for males and $24,244 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $82,359 for males and $46,341 for females.
- In Dequincy, the median income for all workers aged 15 years and older, regardless of work hours, was $27,376 for males and $24,244 for females.
- In Dequincy, among full-time, year-round workers aged 15 years and older, males earned a median income of $82,359, while females earned $46,341, leading to a 44% gender pay gap among full-time workers. This illustrates that women earn 56 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 Dequincy, the population is predominantly White, constituting 80.90% 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 $81,407.
- In Dequincy, White is both the largest group and the one with the highest median household income, which stands at $81,407.
- In Dequincy, the median household income for the households where the householder is White increased by $28,810(54.77%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $52,597 in 2011 and $81,407 in 2021.
- In Dequincy, the median household income for the households where the householder is Black or African American decreased by $652(2.23%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $29,239 in 2011 and $28,587 in 2021.
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Year by year
Dequincy, LA median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Dequincy increased by $25,122 (62.17%), 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 2019 to 2020, when the median household income increased by 20,788 (from $60,028 to $80,816). Similarly the most substantial year-by-year decline occured from 2020 to 2021, when the median household income decreased by 15,286 (from $80,816 to $65,530).
- It then further increased to $100,992 for 5-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.4872, it is evident that income distribution in Dequincy, LA exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $82,789. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $0.
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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)