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
Age of householder
Per the latest American Community Survey by the Census Bureau, Gruetli-Laager sees its highest median household income among householders in the age group of 25 to 44 years old, at $68,503. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Gruetli-Laager, the median household income stands at $68,503 for householders within the 25 to 44 years age group, followed by $49,388 for the 45 to 64 years age group. Notably, householders within the 65 years and over age group, had the lowest median household income at $39,183.
- Notably, household income for individuals within the 25 to 44 years age group demonstrated a remarkable increase of $27,913(68.77%), escalating from a median of $40,590 in 2011 to $68,503 in 2021.
- 15(2.87%) households where the householder is under 25 years old.
- 153(29.25%) households with a householder aged between 25 and 44 years.
- 173(33.08%) households with a householder aged between 45 and 64 years.
- 182(34.80%) households where the householder is over 65 years old.
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Gender
In Gruetli-Laager, the population consists of 870 males (52.50%) and 787 females (47.50%). Here are the primary highlights from the gender-based income distribution analysis:
- In Gruetli-Laager, the median income for all workers aged 15 years and older, regardless of work hours, was $29,372 for males and $19,552 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $44,270 for males and $23,886 for females.
- In Gruetli-Laager, the median income for all workers aged 15 years and older, regardless of work hours, was $29,372 for males and $19,552 for females.
- In Gruetli-Laager, among full-time, year-round workers aged 15 years and older, males earned a median income of $44,270, while females earned $23,886, leading to a 46% gender pay gap among full-time workers. This illustrates that women earn 54 cents for each dollar earned by men in full-time roles. This level of income gap emphasizes the urgency to address and rectify this ongoing disparity, where women, despite working full-time, face a more significant wage discrepancy compared to men in the same employment roles.
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Race
In Gruetli-Laager, the population is predominantly White, constituting 92.88% 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 $49,416.
- In Gruetli-Laager, White is both the largest group and the one with the highest median household income, which stands at $49,416.
- In Gruetli-Laager, the median household income for the households where the householder is White increased by $9,612(24.15%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $39,804 in 2011 and $49,416 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.
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Year by year
Gruetli-Laager, TN median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Gruetli-Laager increased by $8,359 (20.43%), 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 2015 to 2016, when the median household income increased by 8,575 (from $39,125 to $47,700). Similarly the most substantial year-by-year decline occured from 2019 to 2020, when the median household income decreased by 7,767 (from $57,760 to $49,993).
- It then further increased to $50,606 for 5-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.3577, it is evident that income distribution in Gruetli-Laager, TN exihibits characterstics of moderate equality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $50,834. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $15,989.
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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)