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 Point sees its highest median household income among householders in the age group of 45 to 64 years old, at $60,474. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in East Point, householders within the 45 to 64 years age group have the highest median household income at $60,474, followed by those in the 25 to 44 years age group with an income of $54,117. Meanwhile householders within the under 25 years age group report the second lowest median household income of $49,211. Notably, householders within the 65 years and over age group, had the lowest median household income at $49,092.
- Notably, household income for individuals within the Under 25 years age group demonstrated a remarkable increase of $12,788(35.11%), escalating from a median of $36,423 in 2011 to $49,211 in 2021.
- 703(4.38%) households where the householder is under 25 years old.
- 6,865(42.82%) households with a householder aged between 25 and 44 years.
- 5,709(35.61%) households with a householder aged between 45 and 64 years.
- 2,756(17.19%) households where the householder is over 65 years old.
Read more about East Point, GA median household income by age ➔
Gender
In East Point, the population consists of 17,930 males (47.31%) and 19,965 females (52.69%). Here are the primary highlights from the gender-based income distribution analysis:
- In East Point, the median income for all workers aged 15 years and older, regardless of work hours, was $35,381 for males and $34,284 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $48,172 for males and $47,998 for females.
- In East Point, the median income for all workers aged 15 years and older, regardless of work hours, was $35,381 for males and $34,284 for females.
- In East Point, for all full-time workers aged 15 years and older, the median income was equal at, $47,998 for both males and females. This indicates a gender income balance in East Point, where both men and women, in full-time year-round roles, earn an equal income.
Read more about East Point, GA income by gender ➔
Race
In East Point, the population is predominantly Black or African American, constituting 76.74% 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 $50,712.
- In East Point, despite the Black or African American population being the most populous, it is worth noting that American Indian and Alaska Native households actually reports the highest median household income, with a median income of $84,821. This reveals that, while Black or African Americans may be the most numerous in East Point, American Indian and Alaska Native households experience greater economic prosperity in terms of median household income.
- In East Point, the median household income for the households where the householder is White increased by $14,718(24.07%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $61,149 in 2011 and $75,867 in 2021.
- In East Point, the median household income for the households where the householder is Black or African American decreased by $2,191(4.14%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $52,903 in 2011 and $50,712 in 2021.
Read more about East Point, GA median household income by race ➔
Year by year
East Point, GA median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for East Point decreased by $2,290 (4.04%), 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 2020 to 2021, when the median household income increased by 2,990 (from $51,457 to $54,447). Similarly the most substantial year-by-year decline occured from 2011 to 2012, when the median household income decreased by 4,444 (from $54,424 to $49,980).
- It then further decreased to 39,223 for 6-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.4498, it is evident that income distribution in East Point, GA exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $66,606. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $46,277.
Read more about East Point, GA median household income ➔
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)