Age of householder
Per the latest American Community Survey by the Census Bureau, Hardin County sees its highest median household income among householders in the age group of 45 to 64 years old, at $89,508. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Hardin County, householders within the 45 to 64 years age group have the highest median household income at $89,508, followed by those in the 25 to 44 years age group with an income of $87,117. Meanwhile householders within the 65 years and over age group report the second lowest median household income of $43,857. Notably, householders within the under 25 years age group, had the lowest median household income at $38,787.
- Notably, household income for individuals within the 65 years and over age group demonstrated a remarkable increase of $5,538(14.45%), escalating from a median of $38,319 in 2011 to $43,857 in 2021.
- 507(2.46%) households where the householder is under 25 years old.
- 6,624(32.21%) households with a householder aged between 25 and 44 years.
- 7,578(36.84%) households with a householder aged between 45 and 64 years.
- 5,859(28.49%) households where the householder is over 65 years old.
Read more about Hardin County, TX median household income by age ➔
Gender
In Hardin County, the population consists of 27,551 males (49.09%) and 28,573 females (50.91%). Here are the primary highlights from the gender-based income distribution analysis:
- In Hardin County, the median income for all workers aged 15 years and older, regardless of work hours, was $48,818 for males and $23,005 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $69,997 for males and $44,835 for females.
- In Hardin County, the median income for all workers aged 15 years and older, regardless of work hours, was $48,818 for males and $23,005 for females.
- In Hardin County, among full-time, year-round workers aged 15 years and older, males earned a median income of $69,997, while females earned $44,835, leading to a 36% gender pay gap among full-time workers. This illustrates that women earn 64 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.
Read more about Hardin County, TX income by gender ➔
Race
In Hardin County, the population is predominantly White, constituting 88.78% 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 $72,149.
- In Hardin County, despite the White 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 $115,439. This reveals that, while Whites may be the most numerous in Hardin County, Some Other Race households experience greater economic prosperity in terms of median household income.
- In Hardin County, the median household income for the households where the householder is White decreased by $1,937(2.61%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $74,086 in 2011 and $72,149 in 2021.
- In Hardin County, the median household income for the households where the householder is Black or African American increased by $973(2.23%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $43,711 in 2011 and $44,684 in 2021.
Read more about Hardin County, TX median household income by race ➔
Year by year
Hardin County, TX median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Hardin County decreased by $547 (0.77%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 8 years and declined for 3 years.
- The most significant year-by-year growth occured from 2017 to 2018, when the median household income increased by 1,874 (from $67,223 to $69,097). Similarly the most substantial year-by-year decline occured from 2012 to 2013, when the median household income decreased by 2,629 (from $69,515 to $66,886).
- It then further increased to $98,819 for 7-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.4282, it is evident that income distribution in Hardin County, TX exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $89,343. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $32,155.
Read more about Hardin County, TX median household income ➔