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, Dodson sees its highest median household income among householders in the age group of 25 to 44 years old, at $39,859. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, Dodson only reports a median household income of $39,859 among householders in the 25 to 44 years age group.
- Notably, household income for individuals within the 25 to 44 years age group demonstrated the smallest decline of $7,541(15.91%), declining from a median of $47,400 in 2011 to $39,859 in 2021.
- 0 households where the householder is under 25 years old.
- 25(78.12%) households with a householder aged between 25 and 44 years.
- 3(9.38%) households with a householder aged between 45 and 64 years.
- 4(12.50%) households where the householder is over 65 years old.
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Gender
In Dodson, the population consists of 88 males (64.23%) and 49 females (35.77%). Here are the primary highlights from the gender-based income distribution analysis:
- In Dodson, the median income for all workers aged 15 years and older, regardless of work hours, was $22,745 for males and $28,374 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $22,969 for males and $33,779 for females.
- In Dodson, the median income for all workers aged 15 years and older, regardless of work hours, was $22,745 for males and $28,374 for females.
- In Dodson, among full-time, year-round workers aged 15 years and older, males earned a median income of $22,969, while females earned $33,779
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Race
In Dodson, the population is predominantly some other race, constituting 70.07% of the total residents. Here are the key highlights from the analysis of income distribution by race:
- The median household income for some other race households is not available from the U.S. Census Bureau, possibly due to insufficient sample size, confidentiality or privacy constraints..
- In Dodson, despite the some other race population being the most populous, there is no income data available in the latest American Community Survey for it. Based on analysis from all of the data that is available, it is worth noting that White households actually reports the highest median household income, with a median income of $104,038. This reveals that, while some other races may be the most numerous in Dodson, White households experience greater economic prosperity in terms of median household income.
- In Dodson, the median household income for the households where the householder is White increased by $52,552(102.07%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $51,486 in 2011 and $104,038 in 2021.
- As per the U.S. Census Bureau population data, in Dodson, there are no households where the householder is Black or African American; hence, the median household income for the Black or African American population is not applicable.
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Year by year
Dodson, TX median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Dodson decreased by $9,149 (18.71%), 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 2011 to 2012, when the median household income increased by 36,591 (from $38,410 to $75,001). Similarly the most substantial year-by-year decline occured from 2020 to 2021, when the median household income decreased by 25,040 (from $64,802 to $39,762).
- NA
- With a Gini coefficient of 0.2933, it is evident that income distribution in Dodson, TX exihibits characterstics of moderate equality .
- NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $34,750.
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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)