Age of householder
Per the latest American Community Survey by the Census Bureau, Greenville sees its highest median household income among householders in the age group of 45 to 64 years old, at $53,228. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, Greenville only reports a median household income of $53,228 among householders in the 45 to 64 years age group.
- Notably, household income for individuals within the 45 to 64 years age group demonstrated the smallest decline of $392(0.73%), declining from a median of $53,620 in 2011 to $53,228 in 2021.
- 0 households where the householder is under 25 years old.
- 73(23.62%) households with a householder aged between 25 and 44 years.
- 178(57.61%) households with a householder aged between 45 and 64 years.
- 58(18.77%) households where the householder is over 65 years old.
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Gender
In Greenville, the population consists of 554 males (45.94%) and 652 females (54.06%). Here are the primary highlights from the gender-based income distribution analysis:
- In Greenville, the median income for all workers aged 15 years and older, regardless of work hours, was $36,256 for males and $11,418 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $33,779 for males and $31,936 for females.
- In Greenville, the median income for all workers aged 15 years and older, regardless of work hours, was $36,256 for males and $11,418 for females.
- In Greenville, among full-time, year-round workers aged 15 years and older, males earned a median income of $33,779, while females earned $31,936, resulting in a 5% gender pay gap among full-time workers. This illustrates that women earn 95 cents for each dollar earned by men in full-time positions. While this gap shows a trend where women are inching closer to wage parity with men, it also exhibits a noticeable income difference for women working full-time in the town of Greenville.
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Race
In Greenville, the population is predominantly Black or African American, constituting 88.56% of the total residents. Here are the key highlights from the analysis of income distribution by race:
- The median household income for Black or African American households is $51,877.
- In Greenville, Black or African American is both the largest group and the one with the highest median household income, which stands at $51,877.
- In Greenville, the median household income for the households where the householder is White decreased by $15,451(27.27%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $56,661 in 2011 and $41,210 in 2021.
- In Greenville, the median household income for the households where the householder is Black or African American increased by $22,185(74.72%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $29,692 in 2011 and $51,877 in 2021.
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Year by year
Greenville, FL median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Greenville decreased by $9,443 (18.25%), 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 2020 to 2021, when the median household income increased by 11,130 (from $31,161 to $42,291). Similarly the most substantial year-by-year decline occured from 2011 to 2012, when the median household income decreased by 22,287 (from $50,785 to $28,498).
- It then further increased to $111,628 for 4-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.4128, it is evident that income distribution in Greenville, FL exihibits characterstics of moderate inequality .
- NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $45,816.
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