Age of householder
Per the latest American Community Survey by the Census Bureau, Empire City sees its highest median household income among householders in the age group of 45 to 64 years old, at $111,694. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Empire City, where there exist only two delineated age groups, the median household income is $111,694 for householders within the 45 to 64 years age group, compared to $109,636 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 $40,595(57.10%), escalating from a median of $71,099 in 2011 to $111,694 in 2021.
- 4(1.29%) households where the householder is under 25 years old.
- 56(18.01%) households with a householder aged between 25 and 44 years.
- 104(33.44%) households with a householder aged between 45 and 64 years.
- 147(47.27%) households where the householder is over 65 years old.
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Gender
In Empire City, the population consists of 402 males (52.83%) and 359 females (47.17%). Here are the primary highlights from the gender-based income distribution analysis:
- In Empire City, the median income for all workers aged 15 years and older, regardless of work hours, was $66,206 for males and $28,760 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the Census reported a median income of $41,329 for females, while data for males was unavailable due to an insufficient number of sample observations.
- In Empire City, the median income for all workers aged 15 years and older, regardless of work hours, was $66,206 for males and $28,760 for females.
- In Empire City, for full-time, year-round workers aged 15 years and older, the Census reported a median income of $41,329 for females, while data for males was unavailable due to an insufficient number of sample observations.
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Race
In Empire City, the population is predominantly White, constituting 93.30% 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 $94,194.
- In Empire City, White is both the largest group and the one with the highest median household income, which stands at $94,194.
- In Empire City, the median household income for the households where the householder is White increased by $26,635(39.42%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $67,559 in 2011 and $94,194 in 2021.
- Even though there is a population where the householder is Black or African American, there was no median household income reported by the U.S. Census Bureau for both 2011 and 2021.
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Year by year
Empire City, OK median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Empire City increased by $20,368 (27.95%), 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 18,619 (from $72,841 to $91,460). Similarly the most substantial year-by-year decline occured from 2010 to 2011, when the median household income decreased by 6,755 (from $72,861 to $66,106).
- It then further increased to $163,037 for 7-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.4493, it is evident that income distribution in Empire City, OK exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $122,053. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $27,946.
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