Age of householder
Per the latest American Community Survey by the Census Bureau, Falls City sees its highest median household income among householders in the age group of 25 to 44 years old, at $56,748. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Falls City, householders within the 25 to 44 years age group have the highest median household income at $56,748, followed by those in the 45 to 64 years age group with an income of $50,893. Meanwhile householders within the 65 years and over age group report the second lowest median household income of $37,832. Notably, householders within the under 25 years age group, had the lowest median household income at $23,308.
- Notably, household income for individuals within the 65 years and over age group demonstrated a remarkable increase of $9,501(33.54%), escalating from a median of $28,331 in 2011 to $37,832 in 2021.
- 28(4.97%) households where the householder is under 25 years old.
- 156(27.71%) households with a householder aged between 25 and 44 years.
- 247(43.87%) households with a householder aged between 45 and 64 years.
- 132(23.45%) households where the householder is over 65 years old.
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Gender
In Falls City, the population consists of 904 males (53.87%) and 774 females (46.13%). Here are the primary highlights from the gender-based income distribution analysis:
- In Falls City, the median income for all workers aged 15 years and older, regardless of work hours, was $34,548 for males and $12,998 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $44,905 for males and $33,103 for females.
- In Falls City, the median income for all workers aged 15 years and older, regardless of work hours, was $34,548 for males and $12,998 for females.
- In Falls City, among full-time, year-round workers aged 15 years and older, males earned a median income of $44,905, while females earned $33,103, leading to a 26% gender pay gap among full-time workers. This illustrates that women earn 74 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 Falls City, the population is predominantly White, constituting 78.72% 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 $37,531.
- In Falls City, despite the White population being the most populous, it is worth noting that American Indian and Alaska Native households actually reports the highest median household income, with a median income of $91,202. This reveals that, while Whites may be the most numerous in Falls City, American Indian and Alaska Native households experience greater economic prosperity in terms of median household income.
- In Falls City, the median household income for the households where the householder is White decreased by $17,859(32.24%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $55,390 in 2011 and $37,531 in 2021.
- As per the U.S. Census Bureau population data, in Falls City, 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
Falls City, OR median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Falls City decreased by $13,042 (24.11%), 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 2017 to 2018, when the median household income increased by 3,760 (from $42,515 to $46,275). Similarly the most substantial year-by-year decline occured from 2019 to 2020, when the median household income decreased by 9,056 (from $47,158 to $38,102).
- It then further increased to $103,137 for 6-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.5216, it is evident that income distribution in Falls City, OR exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $52,526. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $16,552.
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