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
Gender
In Goodyear, the population consists of 44,610 males (47.63%) and 49,041 females (52.37%). Here are the primary highlights from the gender-based income distribution analysis:
- In Goodyear, the median income for all workers aged 15 years and older, regardless of work hours, was $58,769 for males and $37,541 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $71,500 for males and $57,637 for females.
- In Goodyear, the median income for all workers aged 15 years and older, regardless of work hours, was $58,769 for males and $37,541 for females.
- In Goodyear, among full-time, year-round workers aged 15 years and older, males earned a median income of $71,500, while females earned $57,637, leading to a 19% gender pay gap among full-time workers. This illustrates that women earn 81 cents for each dollar earned by men in full-time roles. This analysis indicates a widening gender pay gap, showing a substantial income disparity where women, despite working full-time, face a more significant wage discrepancy compared to men in the same roles.
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Race
In Goodyear, the population is predominantly White, constituting 68.53% 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 $101,014.
- In Goodyear, despite the White population being the most populous, it is worth noting that American Indian and Alaska Native households actually reports the highest median household income, with a median income of $146,091. This reveals that, while Whites may be the most numerous in Goodyear, American Indian and Alaska Native households experience greater economic prosperity in terms of median household income.
- In Goodyear, the median household income for the households where the householder is White increased by $8,474(9.16%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $92,540 in 2012 and $101,014 in 2022.
- In Goodyear, the median household income for the households where the householder is Black or African American decreased by $21,841(20.12%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $108,538 in 2012 and $86,697 in 2022.
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Year by year
Goodyear, AZ median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Goodyear decreased by $4,402 (4.28%), 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 2015 to 2016, when the median household income increased by 3,896 (from $87,121 to $91,017). Similarly the most substantial year-by-year decline occured from 2010 to 2011, when the median household income decreased by 8,045 (from $102,844 to $94,799).
- It then further increased to $155,679 for 7-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.3603, it is evident that income distribution in Goodyear, AZ exihibits characterstics of moderate equality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $109,028. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $59,487.
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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)