Age of householder
Per the latest American Community Survey by the Census Bureau, Dewey-Humboldt sees its highest median household income among householders in the age group of 25 to 44 years old, at $74,170. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Dewey-Humboldt, the median household income stands at $74,170 for householders within the 25 to 44 years age group, followed by $57,613 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 $46,912.
- Notably, household income for individuals within the 65 years and over age group demonstrated a remarkable increase of $4,319(8.10%), escalating from a median of $53,294 in 2011 to $57,613 in 2021.
- 8(0.48%) households where the householder is under 25 years old.
- 288(17.45%) households with a householder aged between 25 and 44 years.
- 554(33.58%) households with a householder aged between 45 and 64 years.
- 800(48.48%) households where the householder is over 65 years old.
Read more about Dewey-Humboldt, AZ median household income by age ➔
Gender
In Dewey-Humboldt, the population consists of 2,163 males (50.26%) and 2,141 females (49.74%). Here are the primary highlights from the gender-based income distribution analysis:
- In Dewey-Humboldt, the median income for all workers aged 15 years and older, regardless of work hours, was $37,620 for males and $19,196 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $37,402 for males and $41,985 for females.
- In Dewey-Humboldt, the median income for all workers aged 15 years and older, regardless of work hours, was $37,620 for males and $19,196 for females.
- In Dewey-Humboldt, among full-time, year-round workers aged 15 years and older, males earned a median income of $37,402, while females earned $41,985
Read more about Dewey-Humboldt, AZ income by gender ➔
Race
In Dewey-Humboldt, the population is predominantly White, constituting 94.05% 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 $57,976.
- In Dewey-Humboldt, White is both the largest group and the one with the highest median household income, which stands at $57,976.
- In Dewey-Humboldt, the median household income for the households where the householder is White increased by $2,940(5.34%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $55,036 in 2011 and $57,976 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 Dewey-Humboldt, AZ median household income by race ➔
Year by year
Dewey-Humboldt, AZ median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Dewey-Humboldt increased by $4,795 (9.12%), 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 2015 to 2016, when the median household income increased by 6,648 (from $54,717 to $61,365). Similarly the most substantial year-by-year decline occured from 2019 to 2020, when the median household income decreased by 8,925 (from $66,577 to $57,652).
- It then further increased to $58,049 for 5-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.4194, it is evident that income distribution in Dewey-Humboldt, AZ exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $62,295. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $44,743.
Read more about Dewey-Humboldt, AZ median household income ➔