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, Elim sees its highest median household income among householders in the age group of 45 to 64 years old, at $65,305. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, Elim only reports a median household income of $65,305 among householders in the 45 to 64 years age group.
- Notably, household income for individuals within the 45 to 64 years age group demonstrated the smallest decline of $16,964(20.62%), declining from a median of $82,269 in 2011 to $65,305 in 2021.
- 0 households where the householder is under 25 years old.
- 35(55.56%) households with a householder aged between 25 and 44 years.
- 25(39.68%) households with a householder aged between 45 and 64 years.
- 3(4.76%) households where the householder is over 65 years old.
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Gender
In Elim, the population consists of 172 males (61.65%) and 107 females (38.35%). Here are the primary highlights from the gender-based income distribution analysis:
- In Elim, while the Census reported a median income of $5,159 for all male workers aged 15 years and older, data for females in the same category was unavailable due to an insufficient number of sample observations.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $49,317 for males and $44,588 for females.
- In Elim, while the Census reported a median income of $5,159 for all male workers aged 15 years and older, data for females in the same category was unavailable due to an insufficient number of sample observations.
- In Elim, among full-time, year-round workers aged 15 years and older, males earned a median income of $49,317, while females earned $44,588, 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 city of Elim.
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Year by year
Elim, AK median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Elim decreased by $17,795 (28.77%), 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 2018 to 2019, when the median household income increased by 14,762 (from $50,782 to $65,544). Similarly the most substantial year-by-year decline occured from 2020 to 2021, when the median household income decreased by 21,817 (from $65,864 to $44,047).
- It then further decreased to 65,530 for 7-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.4267, it is evident that income distribution in Elim, AK exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $43,912. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $0.
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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)