Age of householder
Per the latest American Community Survey by the Census Bureau, Fair Bluff sees its highest median household income among householders in the age group of 45 to 64 years old, at $33,148. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Fair Bluff, where there exist only two delineated age groups, the median household income is $33,148 for householders within the 45 to 64 years age group, compared to $19,760 for the 65 years and over age group.
- Notably, household income for individuals within the 65 years and over age group demonstrated a remarkable increase of $4,210(27.07%), escalating from a median of $15,550 in 2011 to $19,760 in 2021.
- 0 households where the householder is under 25 years old.
- 22(11%) households with a householder aged between 25 and 44 years.
- 92(46%) households with a householder aged between 45 and 64 years.
- 86(43%) households where the householder is over 65 years old.
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Gender
In Fair Bluff, the population consists of 146 males (35.96%) and 260 females (64.04%). Here are the primary highlights from the gender-based income distribution analysis:
- In Fair Bluff, the median income for all workers aged 15 years and older, regardless of work hours, was $23,741 for males and $17,114 for females.
- However, when specifically considering full-time, year-round workers within the same age group, while the Census reported a median income of $33,540 for males, while data for females was unavailable due to an insufficient number of sample observations.
- In Fair Bluff, the median income for all workers aged 15 years and older, regardless of work hours, was $23,741 for males and $17,114 for females.
- In Fair Bluff, for full-time, year-round workers aged 15 years and older, while the Census reported a median income of $33,540 for males, while data for females was unavailable due to an insufficient number of sample observations.
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Race
In Fair Bluff, the population is predominantly Black or African American, constituting 56.65% 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 $24,718.
- In Fair Bluff, despite the Black or African American population being the most populous, it is worth noting that White households actually reports the highest median household income, with a median income of $31,977. This reveals that, while Black or African Americans may be the most numerous in Fair Bluff, White households experience greater economic prosperity in terms of median household income.
- In Fair Bluff, the median household income for the households where the householder is White decreased by $9,021(22%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $40,998 in 2011 and $31,977 in 2021.
- In Fair Bluff, the median household income for the households where the householder is Black or African American increased by $10,218(70.47%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $14,500 in 2011 and $24,718 in 2021.
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Year by year
Fair Bluff, NC median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Fair Bluff increased by $1,186 (4.65%), 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 2011 to 2012, when the median household income increased by 14,332 (from $16,256 to $30,588). Similarly the most substantial year-by-year decline occured from 2010 to 2011, when the median household income decreased by 9,263 (from $25,519 to $16,256).
- It then further increased to $26,625 for 2-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.4416, it is evident that income distribution in Fair Bluff, NC exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $33,419. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $19,956.
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