Age of householder
Per the latest American Community Survey by the Census Bureau, Gilmore sees its highest median household income among householders in the age group of 25 to 44 years old, at $39,183. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Gilmore, where there exist only two delineated age groups, the median household income is $39,183 for householders within the 25 to 44 years age group, compared to $28,443 for the 65 years and over age group.
- 0 households where the householder is under 25 years old.
- 20(24.10%) households with a householder aged between 25 and 44 years.
- 20(24.10%) households with a householder aged between 45 and 64 years.
- 43(51.81%) households where the householder is over 65 years old.
Read more about Gilmore, AR median household income by age ➔
Gender
In Gilmore, the population consists of 101 males (51.79%) and 94 females (48.21%). Here are the primary highlights from the gender-based income distribution analysis:
- In Gilmore, the median income for all workers aged 15 years and older, regardless of work hours, was $30,625 for males and $27,854 for females.
- However, when specifically considering full-time, year-round workers within the same age group, while the Census reported a median income of $36,819 for males, while data for females was unavailable due to an insufficient number of sample observations.
- In Gilmore, the median income for all workers aged 15 years and older, regardless of work hours, was $30,625 for males and $27,854 for females.
- In Gilmore, for full-time, year-round workers aged 15 years and older, while the Census reported a median income of $36,819 for males, while data for females was unavailable due to an insufficient number of sample observations.
Read more about Gilmore, AR income by gender ➔
Race
In Gilmore, the population is predominantly Black or African American, constituting 65.64% of the total residents. Here are the key highlights from the analysis of income distribution by race:
- The median household income for Black or African American households is $28,478.
- In Gilmore, Black or African American is both the largest group and the one with the highest median household income, which stands at $28,478.
- Even though there is a population where the householder is White, there was no median household income reported by the U.S. Census Bureau for both 2011 and 2021.
- In Gilmore, the median household income for the households where the householder is Black or African American decreased by $48,342(62.93%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $76,820 in 2011 and $28,478 in 2021.
Read more about Gilmore, AR median household income by race ➔
Year by year
Gilmore, AR median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Gilmore decreased by $36,918 (56.13%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 2 years and declined for 9 years.
- The most significant year-by-year growth occured from 2018 to 2019, when the median household income increased by 5,089 (from $25,052 to $30,141). Similarly the most substantial year-by-year decline occured from 2010 to 2011, when the median household income decreased by 21,101 (from $65,777 to $44,676).
- It then further increased to $79,717 for 3-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.3244, it is evident that income distribution in Gilmore, AR exihibits characterstics of moderate equality .
- NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $22,562.
Read more about Gilmore, AR median household income ➔