Age of householder
Per the latest American Community Survey by the Census Bureau, Glen St. Mary sees its highest median household income among householders in the age group of 25 to 44 years old, at $42,224. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Glen St. Mary, where there exist only two delineated age groups, the median household income is $42,224 for householders within the 25 to 44 years age group, compared to $37,682 for the 45 to 64 years age group.
- Notably, household income for individuals within the 25 to 44 years age group demonstrated the smallest decline of $3,723(8.10%), declining from a median of $45,947 in 2011 to $42,224 in 2021.
- 0 households where the householder is under 25 years old.
- 59(27.06%) households with a householder aged between 25 and 44 years.
- 41(18.81%) households with a householder aged between 45 and 64 years.
- 118(54.13%) households where the householder is over 65 years old.
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Gender
In Glen St. Mary, the population consists of 256 males (41.97%) and 354 females (58.03%). Here are the primary highlights from the gender-based income distribution analysis:
- In Glen St. Mary, the median income for all workers aged 15 years and older, regardless of work hours, was $45,263 for males and $41,387 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $42,561 for males and $49,660 for females.
- In Glen St. Mary, the median income for all workers aged 15 years and older, regardless of work hours, was $45,263 for males and $41,387 for females.
- In Glen St. Mary, among full-time, year-round workers aged 15 years and older, males earned a median income of $42,561, while females earned $49,660
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Race
In Glen St. Mary, the population is predominantly White, constituting 89.67% 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 $49,674.
- In Glen St. Mary, White is both the largest group and the one with the highest median household income, which stands at $49,674.
- In Glen St. Mary, the median household income for the households where the householder is White increased by $2,587(5.49%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $47,087 in 2011 and $49,674 in 2021.
- In Glen St. Mary, the median household income for Black or African American households was $43,585 in 2011(2022 inflation-adjusted dollars). However there is no reported data for 2021, indicating a lack of information for this specific year.
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Year by year
Glen St. Mary, FL median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Glen St. Mary decreased by $11,844 (19.33%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 4 years and declined for 7 years.
- The most significant year-by-year growth occured from 2019 to 2020, when the median household income increased by 9,884 (from $38,274 to $48,158). Similarly the most substantial year-by-year decline occured from 2010 to 2011, when the median household income decreased by 14,541 (from $61,280 to $46,739).
- It then further increased to $41,435 for 6-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.3649, it is evident that income distribution in Glen St. Mary, FL exihibits characterstics of moderate equality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $73,637. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $36,481.
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