Age of householder
Per the latest American Community Survey by the Census Bureau, Goose Creek sees its highest median household income among householders in the age group of 45 to 64 years old, at $156,732. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Goose Creek, the median household income stands at $156,732 for householders within the 45 to 64 years age group, followed by $112,145 for the 25 to 44 years age group. Notably, householders within the 65 years and over age group, had the lowest median household income at $86,473.
- Notably, household income for individuals within the 65 years and over age group demonstrated a remarkable increase of $2,706(3.23%), escalating from a median of $83,767 in 2011 to $86,473 in 2021.
- 1(0.97%) households where the householder is under 25 years old.
- 22(21.36%) households with a householder aged between 25 and 44 years.
- 34(33.01%) households with a householder aged between 45 and 64 years.
- 46(44.66%) households where the householder is over 65 years old.
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Gender
In Goose Creek, the population consists of 106 males (43.98%) and 135 females (56.02%). Here are the primary highlights from the gender-based income distribution analysis:
- In Goose Creek, the median income for all workers aged 15 years and older, regardless of work hours, was $56,072 for males and $41,885 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $82,420 for males and $86,473 for females.
- In Goose Creek, the median income for all workers aged 15 years and older, regardless of work hours, was $56,072 for males and $41,885 for females.
- In Goose Creek, among full-time, year-round workers aged 15 years and older, males earned a median income of $82,420, while females earned $86,473
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Race
In Goose Creek, the population is predominantly White, constituting 97.51% 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 $105,389.
- In Goose Creek, White is both the largest group and the one with the highest median household income, which stands at $105,389.
- In Goose Creek, the median household income for the households where the householder is White decreased by $6,689(5.97%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $112,078 in 2011 and $105,389 in 2021.
- In Goose Creek, the median household income for Black or African American households was $190,825 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
Goose Creek, KY median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Goose Creek decreased by $13,542 (11.52%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 3 years and declined for 8 years.
- The most significant year-by-year growth occured from 2018 to 2019, when the median household income increased by 11,146 (from $99,370 to $110,516). Similarly the most substantial year-by-year decline occured from 2012 to 2013, when the median household income decreased by 6,884 (from $114,128 to $107,244).
- It then further increased to $209,765 for 5-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.3605, it is evident that income distribution in Goose Creek, KY exihibits characterstics of moderate equality .
- NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $59,487.
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