Age of householder
Per the latest American Community Survey by the Census Bureau, East Camden sees its highest median household income among householders in the age group of 65 years and over old, at $57,906. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in East Camden, where there exist only two delineated age groups, the median household income is $57,906 for householders within the 65 years and over age group, compared to $50,186 for the 45 to 64 years age group.
- Notably, household income for individuals within the 65 years and over age group demonstrated a remarkable increase of $30,470(111.06%), escalating from a median of $27,436 in 2011 to $57,906 in 2021.
- 12(2.58%) households where the householder is under 25 years old.
- 237(50.97%) households with a householder aged between 25 and 44 years.
- 162(34.84%) households with a householder aged between 45 and 64 years.
- 54(11.61%) households where the householder is over 65 years old.
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Gender
In East Camden, the population consists of 546 males (42.79%) and 730 females (57.21%). Here are the primary highlights from the gender-based income distribution analysis:
- In East Camden, the median income for all workers aged 15 years and older, regardless of work hours, was $26,956 for males and $29,150 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $34,379 for males and $30,776 for females.
- In East Camden, the median income for all workers aged 15 years and older, regardless of work hours, was $26,956 for males and $29,150 for females.
- In East Camden, among full-time, year-round workers aged 15 years and older, males earned a median income of $34,379, while females earned $30,776, resulting in a 10% gender pay gap among full-time workers. This illustrates that women earn 90 cents for each dollar earned by men in full-time positions. While this gap shows a trend where women are inching closer to wage parity with men, it also exhibits a noticeable income difference for women working full-time in the town of East Camden.
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Race
In East Camden, the population is predominantly White, constituting 62.54% 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 $30,883.
- In East Camden, despite the White population being the most populous, it is worth noting that Black or African American households actually reports the highest median household income, with a median income of $68,571. This reveals that, while Whites may be the most numerous in East Camden, Black or African American households experience greater economic prosperity in terms of median household income.
- In East Camden, the median household income for the households where the householder is White decreased by $11,464(27.07%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $42,347 in 2011 and $30,883 in 2021.
- In East Camden, the median household income for the households where the householder is Black or African American increased by $31,984(87.42%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $36,587 in 2011 and $68,571 in 2021.
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Year by year
East Camden, AR median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for East Camden decreased by $3,077 (8.07%), 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 2018 to 2019, when the median household income increased by 3,915 (from $36,990 to $40,905). Similarly the most substantial year-by-year decline occured from 2012 to 2013, when the median household income decreased by 4,225 (from $42,293 to $38,068).
- It then further increased to $92,491 for 6-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.3856, it is evident that income distribution in East Camden, AR exihibits characterstics of moderate equality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $36,688. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $33,689.
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