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, East Hodge sees its highest median household income among householders in the age group of 65 years and over old, at $30,625. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in East Hodge, where there exist only two delineated age groups, the median household income is $30,625 for householders within the 65 years and over age group, compared to $11,485 for the 25 to 44 years age group.
- Notably, household income for individuals within the 65 years and over age group demonstrated the smallest decline of $9,691(24.04%), declining from a median of $40,316 in 2011 to $30,625 in 2021.
- 0 households where the householder is under 25 years old.
- 27(21.60%) households with a householder aged between 25 and 44 years.
- 26(20.80%) households with a householder aged between 45 and 64 years.
- 72(57.60%) households where the householder is over 65 years old.
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Gender
In East Hodge, the population consists of 173 males (47.01%) and 195 females (52.99%). Here are the primary highlights from the gender-based income distribution analysis:
- In East Hodge, the median income for all workers aged 15 years and older, regardless of work hours, was $17,855 for males and $15,231 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $47,965 for males and $18,747 for females.
- In East Hodge, the median income for all workers aged 15 years and older, regardless of work hours, was $17,855 for males and $15,231 for females.
- In East Hodge, among full-time, year-round workers aged 15 years and older, males earned a median income of $47,965, while females earned $18,747, leading to a 61% gender pay gap among full-time workers. This illustrates that women earn 39 cents for each dollar earned by men in full-time roles. This level of income gap emphasizes the urgency to address and rectify this ongoing disparity, where women, despite working full-time, face a more significant wage discrepancy compared to men in the same employment roles.
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Race
In East Hodge, the population is predominantly Black or African American, constituting 98.91% of the total residents. Here are the key highlights from the analysis of income distribution by race:
- The median household income for Black or African American households is $25,822.
- In East Hodge, Black or African American is both the largest group and the one with the highest median household income, which stands at $25,822.
- As per the U.S. Census Bureau population data, in East Hodge, there are no households where the householder is White; thus, the median household income for the White population is not applicable.
- In East Hodge, the median household income for the households where the householder is Black or African American decreased by $1,147(4.25%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $26,969 in 2011 and $25,822 in 2021.
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Year by year
East Hodge, LA median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for East Hodge decreased by $8,903 (25.75%), 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 2014 to 2015, when the median household income increased by 9,963 (from $20,787 to $30,750). Similarly the most substantial year-by-year decline occured from 2010 to 2011, when the median household income decreased by 12,019 (from $34,575 to $22,556).
- Additionally, the Census Bureau did not report a median household income for larger household sizes.
- With a Gini coefficient of 0.4132, it is evident that income distribution in East Hodge, LA exihibits characterstics of moderate inequality .
- NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $90,526.
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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)