Gender
In Galestown, the population consists of 27 males (36.00%) and 48 females (64.00%). Here are the primary highlights from the gender-based income distribution analysis:
- In Galestown, while the Census reported a median income of $17,406 for all female workers aged 15 years and older, data for males in the same category was unavailable due to an insufficient number of sample observations.
- However, when specifically considering full-time, year-round workers within the same age group, the Census Bureau did not report the median income for both males and females due to an insufficient number of sample observations.
- In Galestown, while the Census reported a median income of $17,406 for all female workers aged 15 years and older, data for males in the same category was unavailable due to an insufficient number of sample observations.
- In Galestown, for full-time, year-round workers aged 15 years and older, the Census Bureau did not report the median income for both males and females due to an insufficient number of sample observations.
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Race
In Galestown, the population is predominantly White, constituting 96% 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 $39,521.
- In Galestown, White is both the largest group and the one with the highest median household income, which stands at $39,521.
- In Galestown, the median household income for the households where the householder is White increased by $10,567(36.50%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $28,954 in 2011 and $39,521 in 2021.
- 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
Galestown, MD median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Galestown decreased by $8,266 (17.30%), 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 2011 to 2012, when the median household income increased by 27,081 (from $28,954 to $56,035). Similarly the most substantial year-by-year decline occured from 2017 to 2018, when the median household income decreased by 22,160 (from $50,899 to $28,739).
- Additionally, the Census Bureau did not report a median household income for larger household sizes.
- With a Gini coefficient of 0.468, it is evident that income distribution in Galestown, MD exihibits characterstics of moderate inequality .
- NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $31,527.
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