Age of householder
Per the latest American Community Survey by the Census Bureau, Ellis Grove sees its highest median household income among householders in the age group of 45 to 64 years old, at $93,229. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Ellis Grove, where there exist only two delineated age groups, the median household income is $93,229 for householders within the 45 to 64 years age group, compared to $49,317 for the 25 to 44 years age group.
- Notably, household income for individuals within the 45 to 64 years age group demonstrated a remarkable increase of $3,333(3.71%), escalating from a median of $89,896 in 2011 to $93,229 in 2021.
- 7(5.69%) households where the householder is under 25 years old.
- 21(17.07%) households with a householder aged between 25 and 44 years.
- 66(53.66%) households with a householder aged between 45 and 64 years.
- 29(23.58%) households where the householder is over 65 years old.
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Gender
In Ellis Grove, the population consists of 160 males (51.12%) and 153 females (48.88%). Here are the primary highlights from the gender-based income distribution analysis:
- In Ellis Grove, the median income for all workers aged 15 years and older, regardless of work hours, was $41,210 for males and $26,347 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $52,694 for males and $41,255 for females.
- In Ellis Grove, the median income for all workers aged 15 years and older, regardless of work hours, was $41,210 for males and $26,347 for females.
- In Ellis Grove, among full-time, year-round workers aged 15 years and older, males earned a median income of $52,694, while females earned $41,255, leading to a 22% gender pay gap among full-time workers. This illustrates that women earn 78 cents for each dollar earned by men in full-time roles. This analysis indicates a widening gender pay gap, showing a substantial income disparity where women, despite working full-time, face a more significant wage discrepancy compared to men in the same roles.
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Race
In Ellis Grove, the population is predominantly White, constituting 99.04% 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 $62,491.
- In Ellis Grove, White is both the largest group and the one with the highest median household income, which stands at $62,491.
- In Ellis Grove, the median household income for the households where the householder is White decreased by $6,157(8.97%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $68,648 in 2011 and $62,491 in 2021.
- As per the U.S. Census Bureau population data, in Ellis Grove, there are no households where the householder is Black or African American; hence, the median household income for the Black or African American population is not applicable.
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Year by year
Ellis Grove, IL median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Ellis Grove increased by $4,885 (8.60%), 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 2019 to 2020, when the median household income increased by 13,542 (from $47,364 to $60,906). Similarly the most substantial year-by-year decline occured from 2012 to 2013, when the median household income decreased by 17,096 (from $73,646 to $56,550).
- It then further increased to $108,767 for 5-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.3322, it is evident that income distribution in Ellis Grove, IL exihibits characterstics of moderate equality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $92,328. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $29,725.
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