Age of householder
Per the latest American Community Survey by the Census Bureau, Ethelsville sees its highest median household income among householders in the age group of 25 to 44 years old, at $89,626. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Ethelsville, where there exist only two delineated age groups, the median household income is $89,626 for householders within the 25 to 44 years age group, compared to $23,645 for the 65 years and over age group.
- Notably, household income for individuals within the 25 to 44 years age group demonstrated a remarkable increase of $29,632(49.39%), escalating from a median of $59,994 in 2011 to $89,626 in 2021.
- 0 households where the householder is under 25 years old.
- 10(30.30%) households with a householder aged between 25 and 44 years.
- 14(42.42%) households with a householder aged between 45 and 64 years.
- 9(27.27%) households where the householder is over 65 years old.
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Year by year
Ethelsville, AL median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Ethelsville increased by $8,149 (14.12%), 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 19,835 (from $46,034 to $65,869). Similarly the most substantial year-by-year decline occured from 2018 to 2019, when the median household income decreased by 12,020 (from $56,992 to $44,972).
- NA
- With a Gini coefficient of 0.3615, it is evident that income distribution in Ethelsville, AL exihibits characterstics of moderate equality .
- NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $31,527.
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