Overview
$93,229
Median household income
0.1565
Gini coefficient
** (N/A)
Highest median income age group
$NA
Income of top 5%
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
Gender
In Hatch, the population consists of 55 males (50.46%) and 54 females (49.54%). Here are the primary highlights from the gender-based income distribution analysis:
- In Hatch, the median income for all workers aged 15 years and older, regardless of work hours, was $68,457 for males and $21,167 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the Census Bureau did not report the median income for both males and females due to an insufficient number of sample observations.
- In Hatch, the median income for all workers aged 15 years and older, regardless of work hours, was $68,457 for males and $21,167 for females.
- In Hatch, for full-time, year-round workers aged 15 years and older, the Census Bureau did not report the median income for both males and females due to an insufficient number of sample observations.
Read more about Hatch, UT income by gender ➔
Race
In Hatch, the population is predominantly White, constituting 100% 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 $93,229.
- In Hatch, White is both the largest group and the one with the highest median household income, which stands at $93,229.
- In Hatch, the median household income for the households where the householder is White increased by $33,793(56.86%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $59,436 in 2011 and $93,229 in 2021.
- As per the U.S. Census Bureau population data, in Hatch, 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.
Read more about Hatch, UT median household income by race ➔
Year by year
Hatch, UT median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Hatch increased by $31,879 (51.96%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 7 years and declined for 4 years.
- The most significant year-by-year growth occured from 2019 to 2020, when the median household income increased by 13,940 (from $65,735 to $79,675). Similarly the most substantial year-by-year decline occured from 2015 to 2016, when the median household income decreased by 9,007 (from $58,847 to $49,840).
- Additionally, the Census Bureau did not report a median household income for larger household sizes.
- With a Gini coefficient of 0.1565, it is evident that income distribution in Hatch, UT exihibits characterstics of high equality .
- NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $18,781.
Read more about Hatch, UT median household income ➔
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)