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The total population of Gas City is estimated to be 6,099 with 2,735 males (44.84%) and 3,364 females (55.16%). There are 629 more females than males in Gas City.
The median household income in Gas City was $59,707 in 2021, which marked an a decrease of 1,518(2.48%) from $61,225 in 2020. This income is 80.03% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Gas City sees its highest median household income among householders in the age group of 45 to 64 years old, at $71,450. Overall, the median household income for the city of Gas City stands at $59,707.
In Gas City, the median income for all workers aged 15 years and older, regardless of work hours, was $32,887 for males and $22,007 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $51,878 for males and $44,521 for females.
In Gas City, population is primarily represented by White households, reporting a median income of $59,740.
In 2022, the population of Gas City was 6,076, a 0.41% decrease year-by-year from 2021. Previously, in 2021, Gas City's population was 6,101, a decline of 0.59% compared to a population of 6,137 in 2020.
The median age in Gas City, IN is 40.5, as per 2021 ACS 5-Year Estimates. Of the total population, 18.56% were under the age of 15, 18.33% aged 15 to 29, 42.20% aged 30 to 64, 14.88% aged 65 to 84, and 6.03% were 85 years of age and older.
Racial distribution of Gas City population: 94.76% are White, 1.97% are Black or African American, 1.87% are Asian, 0.44% are some other race and 0.95% are multiracial.