Age of householder
Per the latest American Community Survey by the Census Bureau, East Carondelet sees its highest median household income among householders in the age group of 45 to 64 years old, at $62,828. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in East Carondelet, where there exist only two delineated age groups, the median household income is $62,828 for householders within the 45 to 64 years age group, compared to $28,374 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 $7,008(10.03%), declining from a median of $69,836 in 2011 to $62,828 in 2021.
- 1(1.06%) households where the householder is under 25 years old.
- 28(29.79%) households with a householder aged between 25 and 44 years.
- 37(39.36%) households with a householder aged between 45 and 64 years.
- 28(29.79%) households where the householder is over 65 years old.
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Gender
In East Carondelet, the population consists of 139 males (50.36%) and 137 females (49.64%). Here are the primary highlights from the gender-based income distribution analysis:
- In East Carondelet, the median income for all workers aged 15 years and older, regardless of work hours, was $34,164 for males and $22,232 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $47,290 for males and $42,899 for females.
- In East Carondelet, the median income for all workers aged 15 years and older, regardless of work hours, was $34,164 for males and $22,232 for females.
- In East Carondelet, among full-time, year-round workers aged 15 years and older, males earned a median income of $47,290, while females earned $42,899, resulting in a 9% gender pay gap among full-time workers. This illustrates that women earn 91 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 village of East Carondelet.
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Race
In East Carondelet, the population is predominantly White, constituting 80.43% 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 $54,496.
- In East Carondelet, White is both the largest group and the one with the highest median household income, which stands at $54,496.
- In East Carondelet, the median household income for the households where the householder is White increased by $16,290(42.64%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $38,206 in 2011 and $54,496 in 2021.
- In East Carondelet, the median household income for the households where the householder is Black or African American decreased by $55,823(56.55%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $98,722 in 2011 and $42,899 in 2021.
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Year by year
East Carondelet, IL median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for East Carondelet increased by $12,216 (30.18%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 7 years and declined for 4 years.
- The most significant year-by-year growth occured from 2017 to 2018, when the median household income increased by 8,380 (from $52,022 to $60,402). Similarly the most substantial year-by-year decline occured from 2020 to 2021, when the median household income decreased by 4,199 (from $56,893 to $52,694).
- It then further increased to $62,963 for 4-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.4026, it is evident that income distribution in East Carondelet, IL exihibits characterstics of moderate inequality .
- NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $33,508.
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