Age of householder
Per the latest American Community Survey by the Census Bureau, Flint sees its highest median household income among householders in the age group of 45 to 64 years old, at $34,806. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Flint, householders within the 45 to 64 years age group have the highest median household income at $34,806, followed by those in the 65 years and over age group with an income of $34,106. Meanwhile householders within the 25 to 44 years age group report the second lowest median household income of $29,367. Notably, householders within the under 25 years age group, had the lowest median household income at $10,550.
- Notably, household income for individuals within the 25 to 44 years age group demonstrated the smallest decline of $1,622(5.23%), declining from a median of $30,989 in 2012 to $29,367 in 2022.
- 777(2.22%) households where the householder is under 25 years old.
- 12,270(35.07%) households with a householder aged between 25 and 44 years.
- 12,230(34.95%) households with a householder aged between 45 and 64 years.
- 9,711(27.76%) households where the householder is over 65 years old.
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Gender
In Flint, the population consists of 41,269 males (49.54%) and 42,043 females (50.46%). Here are the primary highlights from the gender-based income distribution analysis:
- In Flint, the median income for all workers aged 15 years and older, regardless of work hours, was $23,051 for males and $21,551 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $33,220 for males and $38,768 for females.
- In Flint, the median income for all workers aged 15 years and older, regardless of work hours, was $23,051 for males and $21,551 for females.
- In Flint, among full-time, year-round workers aged 15 years and older, males earned a median income of $33,220, while females earned $38,768
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Race
In Flint, the population is predominantly Black or African American, constituting 56.71% 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 $33,526.
- In Flint, Black or African American is both the largest group and the one with the highest median household income, which stands at $33,526.
- In Flint, the median household income for the households where the householder is White decreased by $9,509(22.70%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $41,886 in 2012 and $32,377 in 2022.
- In Flint, the median household income for the households where the householder is Black or African American increased by $8,226(32.51%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $25,300 in 2012 and $33,526 in 2022.
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Year by year
Flint, MI median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Flint decreased by $1,723 (4.69%), 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 2019 to 2020, when the median household income increased by 1,320 (from $33,108 to $34,428). Similarly the most substantial year-by-year decline occured from 2012 to 2013, when the median household income decreased by 2,402 (from $33,735 to $31,333).
- It then further increased to $39,310 for 7-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.4565, it is evident that income distribution in Flint, MI exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $35,780. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $26,752.
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