Age of householder
Per the latest American Community Survey by the Census Bureau, Fultondale sees its highest median household income among householders in the age group of 45 to 64 years old, at $86,586. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Fultondale, householders within the 45 to 64 years age group have the highest median household income at $86,586, followed by those in the 25 to 44 years age group with an income of $81,153. Meanwhile householders within the under 25 years age group report the second lowest median household income of $55,807. Notably, householders within the 65 years and over age group, had the lowest median household income at $53,650.
- Notably, household income for individuals within the 45 to 64 years age group demonstrated a remarkable increase of $20,740(31.50%), escalating from a median of $65,846 in 2011 to $86,586 in 2021.
- 262(6.68%) households where the householder is under 25 years old.
- 1,432(36.49%) households with a householder aged between 25 and 44 years.
- 1,420(36.19%) households with a householder aged between 45 and 64 years.
- 810(20.64%) households where the householder is over 65 years old.
Read more about Fultondale, AL median household income by age ➔
Gender
In Fultondale, the population consists of 4,854 males (50.01%) and 4,853 females (49.99%). Here are the primary highlights from the gender-based income distribution analysis:
- In Fultondale, the median income for all workers aged 15 years and older, regardless of work hours, was $53,800 for males and $33,012 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $59,279 for males and $59,488 for females.
- In Fultondale, the median income for all workers aged 15 years and older, regardless of work hours, was $53,800 for males and $33,012 for females.
- In Fultondale, for all full-time workers aged 15 years and older, the median income was equal at, $59,488 for both males and females. This indicates a gender income balance in Fultondale, where both men and women, in full-time year-round roles, earn an equal income.
Read more about Fultondale, AL income by gender ➔
Race
In Fultondale, the population is predominantly White, constituting 60.79% 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 $78,407.
- In Fultondale, 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 $87,380. This reveals that, while Whites may be the most numerous in Fultondale, Black or African American households experience greater economic prosperity in terms of median household income.
- In Fultondale, the median household income for the households where the householder is White increased by $23,818(43.63%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $54,589 in 2011 and $78,407 in 2021.
- In Fultondale, the median household income for the households where the householder is Black or African American increased by $22,352(34.37%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $65,028 in 2011 and $87,380 in 2021.
Read more about Fultondale, AL median household income by race ➔
Year by year
Fultondale, AL median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Fultondale increased by $18,098 (29.89%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 10 years and declined for 1 years.
- The most significant year-by-year growth occured from 2019 to 2020, when the median household income increased by 4,152 (from $72,137 to $76,289). Similarly the most substantial year-by-year decline occured from 2010 to 2011, when the median household income decreased by 5,651 (from $60,556 to $54,905).
- It then further increased to $104,473 for 5-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.3558, it is evident that income distribution in Fultondale, AL exihibits characterstics of moderate equality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $88,025. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $66,898.
Read more about Fultondale, AL median household income ➔