Gender
In Fishers, the population consists of 47,632 males (49.03%) and 49,522 females (50.97%). Here are the primary highlights from the gender-based income distribution analysis:
- In Fishers, the median income for all workers aged 15 years and older, regardless of work hours, was $77,280 for males and $50,262 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $100,247 for males and $78,201 for females.
- In Fishers, the median income for all workers aged 15 years and older, regardless of work hours, was $77,280 for males and $50,262 for females.
- In Fishers, among full-time, year-round workers aged 15 years and older, males earned a median income of $100,247, while females earned $78,201, 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 Fishers, the population is predominantly White, constituting 83.03% 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 $117,951.
- In Fishers, despite the White population being the most populous, it is worth noting that Asian households actually reports the highest median household income, with a median income of $158,448. This reveals that, while Whites may be the most numerous in Fishers, Asian households experience greater economic prosperity in terms of median household income.
- In Fishers, the median household income for the households where the householder is White decreased by $4,980(4.05%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $122,931 in 2012 and $117,951 in 2022.
- In Fishers, the median household income for the households where the householder is Black or African American increased by $30,981(44.34%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $69,865 in 2012 and $100,846 in 2022.
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Year by year
Fishers, IN median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Fishers increased by $6,375 (5.28%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 7 years and declined for 4 years.
- The most significant year-by-year growth occured from 2014 to 2015, when the median household income increased by 4,562 (from $113,734 to $118,296). Similarly the most substantial year-by-year decline occured from 2012 to 2013, when the median household income decreased by 4,436 (from $118,540 to $114,104).
- It then further increased to $250,001 for 7-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.3936, it is evident that income distribution in Fishers, IN exihibits characterstics of moderate equality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $150,642. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $69,513.
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