Age of householder
Per the latest American Community Survey by the Census Bureau, Hardesty sees its highest median household income among householders in the age group of 45 to 64 years old, at $81,634. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, Hardesty only reports a median household income of $81,634 among householders in the 45 to 64 years age group.
- Notably, household income for individuals within the 45 to 64 years age group demonstrated a remarkable increase of $34,416(72.89%), escalating from a median of $47,218 in 2011 to $81,634 in 2021.
- 0 households where the householder is under 25 years old.
- 22(21.36%) households with a householder aged between 25 and 44 years.
- 74(71.84%) households with a householder aged between 45 and 64 years.
- 7(6.80%) households where the householder is over 65 years old.
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Gender
In Hardesty, the population consists of 110 males (31.34%) and 241 females (68.66%). Here are the primary highlights from the gender-based income distribution analysis:
- In Hardesty, while the Census reported a median income of $33,621 for all female workers aged 15 years and older, data for males in the same category was unavailable due to an insufficient number of sample observations.
- However, when specifically considering full-time, year-round workers within the same age group, the Census reported a median income of $33,771 for females, while data for males was unavailable due to an insufficient number of sample observations.
- In Hardesty, while the Census reported a median income of $33,621 for all female workers aged 15 years and older, data for males in the same category was unavailable due to an insufficient number of sample observations.
- In Hardesty, for full-time, year-round workers aged 15 years and older, the Census reported a median income of $33,771 for females, while data for males was unavailable due to an insufficient number of sample observations.
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Race
In Hardesty, the population is predominantly some other race, constituting 78.63% of the total residents. Here are the key highlights from the analysis of income distribution by race:
- The median household income for some other race households is $81,760.
- In Hardesty, despite the some other race population being the most populous, it is worth noting that Some Other Race households actually reports the highest median household income, with a median income of $81,760. This reveals that, while some other races may be the most numerous in Hardesty, Some Other Race households experience greater economic prosperity in terms of median household income.
- In Hardesty, the median household income for the households where the householder is White increased by $4,176(10.22%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $40,862 in 2011 and $45,038 in 2021.
- As per the U.S. Census Bureau population data, in Hardesty, there are no households where the householder is Black or African American; hence, the median household income for the Black or African American population is not applicable.
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Year by year
Hardesty, OK median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Hardesty increased by $35,296 (76.76%), 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 2014 to 2015, when the median household income increased by 13,231 (from $52,356 to $65,587). Similarly the most substantial year-by-year decline occured from 2015 to 2016, when the median household income decreased by 13,988 (from $65,587 to $51,599).
- It then further increased to $82,357 for 3-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.2649, it is evident that income distribution in Hardesty, OK exihibits characterstics of moderate equality .
- NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $33,504.
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