Age of householder
Per the latest American Community Survey by the Census Bureau, Grandview Plaza sees its highest median household income among householders in the age group of 45 to 64 years old, at $53,033. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Grandview Plaza, the median household income stands at $53,033 for householders within the 45 to 64 years age group, followed by $52,694 for the 25 to 44 years age group. Notably, householders within the under 25 years age group, had the lowest median household income at $47,628.
- Notably, household income for individuals within the Under 25 years age group demonstrated the smallest decline of $679(1.41%), declining from a median of $48,307 in 2011 to $47,628 in 2021.
- 228(29.08%) households where the householder is under 25 years old.
- 302(38.52%) households with a householder aged between 25 and 44 years.
- 125(15.94%) households with a householder aged between 45 and 64 years.
- 129(16.45%) households where the householder is over 65 years old.
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Gender
In Grandview Plaza, the population consists of 909 males (52.12%) and 835 females (47.88%). Here are the primary highlights from the gender-based income distribution analysis:
- In Grandview Plaza, the median income for all workers aged 15 years and older, regardless of work hours, was $33,208 for males and $26,159 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $38,372 for males and $39,183 for females.
- In Grandview Plaza, the median income for all workers aged 15 years and older, regardless of work hours, was $33,208 for males and $26,159 for females.
- In Grandview Plaza, among full-time, year-round workers aged 15 years and older, males earned a median income of $38,372, while females earned $39,183
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Race
In Grandview Plaza, the population is predominantly White, constituting 61.18% 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 $47,965.
- In Grandview Plaza, despite the White population being the most populous, it is worth noting that Two or More Races households actually reports the highest median household income, with a median income of $58,910. This reveals that, while Whites may be the most numerous in Grandview Plaza, Two or More Races households experience greater economic prosperity in terms of median household income.
- In Grandview Plaza, the median household income for the households where the householder is White decreased by $4,883(9.24%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $52,848 in 2011 and $47,965 in 2021.
- In Grandview Plaza, the median household income for Black or African American households was $63,352 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
Grandview Plaza, KS median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Grandview Plaza decreased by $8,923 (15.92%), 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 2010 to 2011, when the median household income increased by 1,814 (from $56,046 to $57,860). Similarly the most substantial year-by-year decline occured from 2011 to 2012, when the median household income decreased by 3,840 (from $57,860 to $54,020).
- It then further increased to $86,871 for 4-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.3696, it is evident that income distribution in Grandview Plaza, KS exihibits characterstics of moderate equality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $51,343. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $29,274.
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