Age of householder
Per the latest American Community Survey by the Census Bureau, Fleming-Neon sees its highest median household income among householders in the age group of 45 to 64 years old, at $29,650. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Fleming-Neon, where there exist only two delineated age groups, the median household income is $29,650 for householders within the 45 to 64 years age group, compared to $26,212 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 $1,214(4.86%), escalating from a median of $24,998 in 2011 to $26,212 in 2021.
- 2(0.80%) households where the householder is under 25 years old.
- 35(14%) households with a householder aged between 25 and 44 years.
- 156(62.40%) households with a householder aged between 45 and 64 years.
- 57(22.80%) households where the householder is over 65 years old.
Read more about Fleming-Neon, KY median household income by age ➔
Gender
In Fleming-Neon, the population consists of 323 males (52.01%) and 298 females (47.99%). Here are the primary highlights from the gender-based income distribution analysis:
- In Fleming-Neon, while the Census reported a median income of $27,548 for all male workers aged 15 years and older, data for females in the same category was unavailable due to an insufficient number of sample observations.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $49,362 for males and $33,441 for females.
- In Fleming-Neon, while the Census reported a median income of $27,548 for all male workers aged 15 years and older, data for females in the same category was unavailable due to an insufficient number of sample observations.
- In Fleming-Neon, among full-time, year-round workers aged 15 years and older, males earned a median income of $49,362, while females earned $33,441, leading to a 32% gender pay gap among full-time workers. This illustrates that women earn 68 cents for each dollar earned by men in full-time roles. This level of income gap emphasizes the urgency to address and rectify this ongoing disparity, where women, despite working full-time, face a more significant wage discrepancy compared to men in the same employment roles.
Read more about Fleming-Neon, KY income by gender ➔
Race
In Fleming-Neon, the population is predominantly White, constituting 90.98% 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 $32,234.
- In Fleming-Neon, White is both the largest group and the one with the highest median household income, which stands at $32,234.
- In Fleming-Neon, the median household income for the households where the householder is White decreased by $2,031(5.93%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $34,265 in 2011 and $32,234 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.
Read more about Fleming-Neon, KY median household income by race ➔
Year by year
Fleming-Neon, KY median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Fleming-Neon decreased by $2,023 (6.50%), 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 2016 to 2017, when the median household income increased by 7,283 (from $27,315 to $34,598). Similarly the most substantial year-by-year decline occured from 2011 to 2012, when the median household income decreased by 4,414 (from $34,032 to $29,618).
- It then further increased to $29,325 for 3-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.4888, it is evident that income distribution in Fleming-Neon, KY exihibits characterstics of moderate inequality .
- NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $23,397.
Read more about Fleming-Neon, KY median household income ➔