Age of householder
Per the latest American Community Survey by the Census Bureau, Fort Coffee sees its highest median household income among householders in the age group of 25 to 44 years old, at $66,166. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Fort Coffee, the median household income stands at $66,166 for householders within the 25 to 44 years age group, followed by $40,534 for the 45 to 64 years age group. Notably, householders within the 65 years and over age group, had the lowest median household income at $27,439.
- Notably, household income for individuals within the 25 to 44 years age group demonstrated a remarkable increase of $22,969(53.17%), escalating from a median of $43,197 in 2011 to $66,166 in 2021.
- 3(1.49%) households where the householder is under 25 years old.
- 71(35.15%) households with a householder aged between 25 and 44 years.
- 56(27.72%) households with a householder aged between 45 and 64 years.
- 72(35.64%) households where the householder is over 65 years old.
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Gender
In Fort Coffee, the population consists of 217 males (49.66%) and 220 females (50.34%). Here are the primary highlights from the gender-based income distribution analysis:
- In Fort Coffee, the median income for all workers aged 15 years and older, regardless of work hours, was $31,076 for males and $25,879 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $65,825 for males and $29,455 for females.
- In Fort Coffee, the median income for all workers aged 15 years and older, regardless of work hours, was $31,076 for males and $25,879 for females.
- In Fort Coffee, among full-time, year-round workers aged 15 years and older, males earned a median income of $65,825, while females earned $29,455, leading to a 55% gender pay gap among full-time workers. This illustrates that women earn 45 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.
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Race
In Fort Coffee, the population is predominantly Black or African American, constituting 39.13% 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 $28,581.
- In Fort Coffee, despite the Black or African American 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 $66,002. This reveals that, while Black or African Americans may be the most numerous in Fort Coffee, American Indian and Alaska Native households experience greater economic prosperity in terms of median household income.
- In Fort Coffee, the median household income for White households was $45,220 in 2011(2022 inflation-adjusted dollars). However there is no reported data for 2021, indicating a lack of information for this specific year.
- In Fort Coffee, the median household income for the households where the householder is Black or African American decreased by $7,813(21.47%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $36,394 in 2011 and $28,581 in 2021.
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Year by year
Fort Coffee, OK median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Fort Coffee increased by $3,529 (8.69%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 5 years and declined for 6 years.
- The most significant year-by-year growth occured from 2020 to 2021, when the median household income increased by 10,750 (from $33,387 to $44,137). Similarly the most substantial year-by-year decline occured from 2010 to 2011, when the median household income decreased by 3,451 (from $40,608 to $37,157).
- It then further increased to $155,091 for 4-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.4099, it is evident that income distribution in Fort Coffee, OK exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $49,992. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $0.
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