All incomes in 2022 inflation-adjusted dollars using R-CPI-U-RS. Sources: U.S. Census Bureau, American Community Survey (ACS) 2017-2021 5-Year Estimates
TABLE OF CONTENTS
Age of householder
Per the latest American Community Survey by the Census Bureau, Fort Yukon sees its highest median household income among householders in the age group of 25 to 44 years old, at $73,927. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Fort Yukon, the median household income stands at $73,927 for householders within the 25 to 44 years age group, followed by $66,206 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 $22,519.
- Notably, household income for individuals within the 45 to 64 years age group demonstrated a remarkable increase of $24,364(58.23%), escalating from a median of $41,842 in 2011 to $66,206 in 2021.
- 0 households where the householder is under 25 years old.
- 37(15.74%) households with a householder aged between 25 and 44 years.
- 110(46.81%) households with a householder aged between 45 and 64 years.
- 88(37.45%) households where the householder is over 65 years old.
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Gender
In Fort Yukon, the population consists of 262 males (50.38%) and 258 females (49.62%). Here are the primary highlights from the gender-based income distribution analysis:
- In Fort Yukon, the median income for all workers aged 15 years and older, regardless of work hours, was $24,726 for males and $23,814 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $47,965 for males and $62,152 for females.
- In Fort Yukon, the median income for all workers aged 15 years and older, regardless of work hours, was $24,726 for males and $23,814 for females.
- In Fort Yukon, among full-time, year-round workers aged 15 years and older, males earned a median income of $47,965, while females earned $62,152
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Race
In Fort Yukon, the population is predominantly American Indian and Alaska Native, constituting 75.58% of the total residents. Here are the key highlights from the analysis of income distribution by race:
- The median household income for American Indian and Alaska Native households is $33,779.
- In Fort Yukon, despite the American Indian and Alaska Native population being the most populous, it is worth noting that Two or More Races households actually reports the highest median household income, with a median income of $104,376. This reveals that, while American Indian and Alaska Natives may be the most numerous in Fort Yukon, Two or More Races households experience greater economic prosperity in terms of median household income.
- In Fort Yukon, the median household income for White households was $80,089 in 2011(2022 inflation-adjusted dollars). However there is no reported data for 2021, indicating a lack of information for this specific year.
- 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.
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Year by year
Fort Yukon, AK median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Fort Yukon decreased by $1,970 (4.79%), 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 10,700 (from $33,870 to $44,570). Similarly the most substantial year-by-year decline occured from 2016 to 2017, when the median household income decreased by 14,180 (from $48,050 to $33,870).
- It then further increased to $106,740 for 4-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.4706, it is evident that income distribution in Fort Yukon, AK exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $74,988. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $22,969.
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References
- U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates
- Consumer Price Index retroactive series using current methods (R-CPI-U-RS)