All incomes in 2022 inflation-adjusted dollars using R-CPI-U-RS. Sources: U.S. Census Bureau, American Community Survey (ACS) 2017-2021 5-Year Estimates
TABLE OF CONTENTS
Age of householder
Per the latest American Community Survey by the Census Bureau, Glenns Ferry sees its highest median household income among householders in the age group of 45 to 64 years old, at $46,051. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Glenns Ferry, where there exist only two delineated age groups, the median household income is $46,051 for householders within the 45 to 64 years age group, compared to $25,334 for the 65 years and over age group.
- Notably, household income for individuals within the 45 to 64 years age group demonstrated a remarkable increase of $954(2.12%), escalating from a median of $45,097 in 2011 to $46,051 in 2021.
- 0 households where the householder is under 25 years old.
- 84(18.75%) households with a householder aged between 25 and 44 years.
- 209(46.65%) households with a householder aged between 45 and 64 years.
- 155(34.60%) households where the householder is over 65 years old.
![Glenns Ferry, ID median household income by age of householder The bar chart shows Glenns Ferry, ID median household income by age of householder. All incomes have been adjusted for 2022 inflation using the Consumer Price Index retroactive series (R-CPI-U-RS).](https://i.neilsberg.com/ch/glenns-ferry-id-median-household-income-by-age.jpeg)
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Gender
In Glenns Ferry, the population consists of 595 males (49.71%) and 602 females (50.29%). Here are the primary highlights from the gender-based income distribution analysis:
- In Glenns Ferry, the median income for all workers aged 15 years and older, regardless of work hours, was $21,853 for males and $15,622 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the Census reported a median income of $41,989 for females, while data for males was unavailable due to an insufficient number of sample observations.
- In Glenns Ferry, the median income for all workers aged 15 years and older, regardless of work hours, was $21,853 for males and $15,622 for females.
- In Glenns Ferry, for full-time, year-round workers aged 15 years and older, the Census reported a median income of $41,989 for females, while data for males was unavailable due to an insufficient number of sample observations.
![Glenns Ferry, ID gender based income disparity Line chart showing the annual median income trends in Glenns Ferry, ID for males and females across four employment categories: (1) Males in full-time year-round positions, (2) Males in non-full-time roles (part-time and other employment types), (3) Females in full-time year-round positions, and (4) Females in non-full-time roles (part-time and other employment types).](https://i.neilsberg.com/ch/glenns-ferry-id-income-by-gender.jpeg)
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Race
In Glenns Ferry, the population is predominantly White, constituting 85.55% 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 $31,161.
- In Glenns Ferry, White is both the largest group and the one with the highest median household income, which stands at $31,161.
- In Glenns Ferry, the median household income for the households where the householder is White decreased by $13,766(30.64%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $44,927 in 2011 and $31,161 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.
![Glenns Ferry, ID median household income diversity across racial categories The bar chart shows Glenns Ferry, ID median household income across all racial categories identified by the U.S. Census Bureau.](https://i.neilsberg.com/ch/glenns-ferry-id-median-household-income-by-race.jpeg)
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Year by year
Glenns Ferry, ID median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Glenns Ferry decreased by $14,958 (32.14%), 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 2016 to 2017, when the median household income increased by 1,900 (from $32,791 to $34,691). Similarly the most substantial year-by-year decline occured from 2011 to 2012, when the median household income decreased by 6,121 (from $45,094 to $38,973).
- It then further increased to $54,721 for 5-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.4213, it is evident that income distribution in Glenns Ferry, ID exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $48,078. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $16,619.
![Glenns Ferry, ID median household income trend (2010-2021, in 2022 inflation-adjusted dollars) The line chart shows Glenns Ferry, ID median household income from 2010 to 2021. The orange line represents Census Bureau data for median household income (without adjusting for any inflation), while the blue line shows inflation-adjusted median household income for 2022.](https://i.neilsberg.com/ch/glenns-ferry-id-median-household-income-trend.jpeg)
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References
- U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates
- Consumer Price Index retroactive series using current methods (R-CPI-U-RS)