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, D'Lo sees its highest median household income among householders in the age group of 45 to 64 years old, at $85,460. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in D'Lo, where there exist only two delineated age groups, the median household income is $85,460 for householders within the 45 to 64 years age group, compared to $32,427 for the 65 years and over age group.
- Notably, household income for individuals within the 45 to 64 years age group demonstrated a remarkable increase of $40,512(90.13%), escalating from a median of $44,948 in 2011 to $85,460 in 2021.
- 7(4.22%) households where the householder is under 25 years old.
- 40(24.10%) households with a householder aged between 25 and 44 years.
- 65(39.16%) households with a householder aged between 45 and 64 years.
- 54(32.53%) households where the householder is over 65 years old.
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Gender
In D'Lo, the population consists of 252 males (48.46%) and 268 females (51.54%). Here are the primary highlights from the gender-based income distribution analysis:
- In D'Lo, the median income for all workers aged 15 years and older, regardless of work hours, was $40,742 for males and $24,956 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $41,989 for males and $33,779 for females.
- In D'Lo, the median income for all workers aged 15 years and older, regardless of work hours, was $40,742 for males and $24,956 for females.
- In D'Lo, among full-time, year-round workers aged 15 years and older, males earned a median income of $41,989, while females earned $33,779, leading to a 20% gender pay gap among full-time workers. This illustrates that women earn 80 cents for each dollar earned by men in full-time roles. This analysis indicates a widening gender pay gap, showing a substantial income disparity where women, despite working full-time, face a more significant wage discrepancy compared to men in the same roles.
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Race
In D'Lo, the population is predominantly White, constituting 73.46% 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 $55,203.
- In D'Lo, White is both the largest group and the one with the highest median household income, which stands at $55,203.
- In D'Lo, the median household income for the households where the householder is White increased by $13,728(33.10%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $41,475 in 2011 and $55,203 in 2021.
- In D'Lo, the median household income for Black or African American households was $46,582 in 2011(2022 inflation-adjusted dollars). However there is no reported data for 2021, indicating a lack of information for this specific year.
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Year by year
D'Lo, MS median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for D'Lo increased by $8,267 (17.76%), 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 2016 to 2017, when the median household income increased by 10,336 (from $42,808 to $53,144). Similarly the most substantial year-by-year decline occured from 2010 to 2011, when the median household income decreased by 5,688 (from $46,550 to $40,862).
- It then further increased to $132,919 for 3-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.3984, it is evident that income distribution in D'Lo, MS exihibits characterstics of moderate equality .
- NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $29,274.
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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)