Age of householder
Per the latest American Community Survey by the Census Bureau, Grass Valley sees its highest median household income among householders in the age group of 65 years and over old, at $89,414. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Grass Valley, the median household income stands at $89,414 for householders within the 65 years and over age group, followed by $55,397 for the 25 to 44 years age group. Notably, householders within the 45 to 64 years age group, had the lowest median household income at $55,127.
- Notably, household income for individuals within the 65 years and over age group demonstrated a remarkable increase of $62,936(237.69%), escalating from a median of $26,478 in 2011 to $89,414 in 2021.
- 2(2.33%) households where the householder is under 25 years old.
- 33(38.37%) households with a householder aged between 25 and 44 years.
- 16(18.60%) households with a householder aged between 45 and 64 years.
- 35(40.70%) households where the householder is over 65 years old.
Read more about Grass Valley, OR median household income by age ➔
Gender
In Grass Valley, the population consists of 124 males (47.88%) and 135 females (52.12%). Here are the primary highlights from the gender-based income distribution analysis:
- In Grass Valley, the median income for all workers aged 15 years and older, regardless of work hours, was $31,076 for males and $13,897 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the Census reported a median income of $55,577 for females, while data for males was unavailable due to an insufficient number of sample observations.
- In Grass Valley, the median income for all workers aged 15 years and older, regardless of work hours, was $31,076 for males and $13,897 for females.
- In Grass Valley, for full-time, year-round workers aged 15 years and older, the Census reported a median income of $55,577 for females, while data for males was unavailable due to an insufficient number of sample observations.
Read more about Grass Valley, OR income by gender ➔
Race
In Grass Valley, the population is predominantly White, constituting 91.12% 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 $56,011.
- In Grass Valley, White is both the largest group and the one with the highest median household income, which stands at $56,011.
- In Grass Valley, the median household income for the households where the householder is White increased by $9,429(20.24%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $46,582 in 2011 and $56,011 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.
Read more about Grass Valley, OR median household income by race ➔
Year by year
Grass Valley, OR median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Grass Valley increased by $20,030 (55.67%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 5 years and declined for 6 years.
- The most significant year-by-year growth occured from 2019 to 2020, when the median household income increased by 21,144 (from $37,030 to $58,174). Similarly the most substantial year-by-year decline occured from 2017 to 2018, when the median household income decreased by 18,928 (from $58,384 to $39,456).
- It then further increased to $90,209 for 4-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.3173, it is evident that income distribution in Grass Valley, OR exihibits characterstics of moderate equality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $66,881. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $54,676.
Read more about Grass Valley, OR median household income ➔