Age of householder
Per the latest American Community Survey by the Census Bureau, East Arcadia sees its highest median household income among householders in the age group of 45 to 64 years old, at $49,655. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in East Arcadia, where there exist only two delineated age groups, the median household income is $49,655 for householders within the 45 to 64 years age group, compared to $17,565 for the 65 years and over age group.
- Notably, household income for individuals within the 45 to 64 years age group demonstrated the smallest decline of $8,532(14.66%), declining from a median of $58,187 in 2011 to $49,655 in 2021.
- 0 households where the householder is under 25 years old.
- 48(33.10%) households with a householder aged between 25 and 44 years.
- 53(36.55%) households with a householder aged between 45 and 64 years.
- 44(30.34%) households where the householder is over 65 years old.
Read more about East Arcadia, NC median household income by age ➔
Gender
In East Arcadia, the population consists of 210 males (56.00%) and 165 females (44.00%). Here are the primary highlights from the gender-based income distribution analysis:
- In East Arcadia, the median income for all workers aged 15 years and older, regardless of work hours, was $28,655 for males and $21,078 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the Census reported a median income of $26,922 for females, while data for males was unavailable due to an insufficient number of sample observations.
- In East Arcadia, the median income for all workers aged 15 years and older, regardless of work hours, was $28,655 for males and $21,078 for females.
- In East Arcadia, for full-time, year-round workers aged 15 years and older, the Census reported a median income of $26,922 for females, while data for males was unavailable due to an insufficient number of sample observations.
Read more about East Arcadia, NC income by gender ➔
Year by year
East Arcadia, NC median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for East Arcadia increased by $12,524 (48.62%), 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 2019 to 2020, when the median household income increased by 18,177 (from $30,380 to $48,557). Similarly the most substantial year-by-year decline occured from 2018 to 2019, when the median household income decreased by 15,798 (from $46,178 to $30,380).
- It then further increased to $95,094 for 3-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.4838, it is evident that income distribution in East Arcadia, NC exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $68,457. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $12,752.
Read more about East Arcadia, NC median household income ➔