Age of householder
Per the latest American Community Survey by the Census Bureau, Fountain Hill sees its highest median household income among householders in the age group of 45 to 64 years old, at $47,290. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Fountain Hill, where there exist only two delineated age groups, the median household income is $47,290 for householders within the 45 to 64 years age group, compared to $31,415 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 $15,478(97.12%), escalating from a median of $15,937 in 2011 to $31,415 in 2021.
- 0 households where the householder is under 25 years old.
- 13(21.67%) households with a householder aged between 25 and 44 years.
- 32(53.33%) households with a householder aged between 45 and 64 years.
- 15(25%) households where the householder is over 65 years old.
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Gender
In Fountain Hill, the population consists of 60 males (39.74%) and 91 females (60.26%). Here are the primary highlights from the gender-based income distribution analysis:
- In Fountain Hill, the median income for all workers aged 15 years and older, regardless of work hours, was $33,328 for males and $15,876 for females.
- However, when specifically considering full-time, year-round workers within the same age group, while the Census reported a median income of $41,210 for males, while data for females was unavailable due to an insufficient number of sample observations.
- In Fountain Hill, the median income for all workers aged 15 years and older, regardless of work hours, was $33,328 for males and $15,876 for females.
- In Fountain Hill, for full-time, year-round workers aged 15 years and older, while the Census reported a median income of $41,210 for males, while data for females was unavailable due to an insufficient number of sample observations.
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Race
In Fountain Hill, the population is predominantly White, constituting 56.29% 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 $35,709.
- In Fountain Hill, despite the White population being the most populous, it is worth noting that Black or African American households actually reports the highest median household income, with a median income of $62,491. This reveals that, while Whites may be the most numerous in Fountain Hill, Black or African American households experience greater economic prosperity in terms of median household income.
- In Fountain Hill, the median household income for the households where the householder is White decreased by $27,627(43.62%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $63,336 in 2011 and $35,709 in 2021.
- In Fountain Hill, the median household income for the households where the householder is Black or African American increased by $19,995(47.05%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $42,496 in 2011 and $62,491 in 2021.
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Year by year
Fountain Hill, AR median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Fountain Hill increased by $4,557 (13.86%), 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 2015 to 2016, when the median household income increased by 15,609 (from $34,843 to $50,452). Similarly the most substantial year-by-year decline occured from 2020 to 2021, when the median household income decreased by 22,516 (from $59,962 to $37,446).
- It then further increased to $76,002 for 3-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.2883, it is evident that income distribution in Fountain Hill, AR exihibits characterstics of moderate equality .
- NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $39,183.
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