Gender
In Hayesville, the population consists of 30 males (48.39%) and 32 females (51.61%). Here are the primary highlights from the gender-based income distribution analysis:
- In Hayesville, while the Census reported a median income of $16,214 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 median income was $81,407 for males and $38,507 for females.
- In Hayesville, while the Census reported a median income of $16,214 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 Hayesville, among full-time, year-round workers aged 15 years and older, males earned a median income of $81,407, while females earned $38,507, leading to a 53% gender pay gap among full-time workers. This illustrates that women earn 47 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 Hayesville, 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 $44,588.
- In Hayesville, White is both the largest group and the one with the highest median household income, which stands at $44,588.
- In Hayesville, the median household income for the households where the householder is White increased by $11,899(36.40%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $32,689 in 2011 and $44,588 in 2021.
- As per the U.S. Census Bureau population data, in Hayesville, 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
Hayesville, IA median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Hayesville increased by $13,386 (42.90%), 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 13,717 (from $27,578 to $41,295). Similarly the most substantial year-by-year decline occured from 2020 to 2021, when the median household income decreased by 9,236 (from $53,824 to $44,588).
- It then further increased to $67,557 for 2-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.4062, it is evident that income distribution in Hayesville, IA exihibits characterstics of moderate inequality .
- NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $44,878.
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