Age of householder
Per the latest American Community Survey by the Census Bureau, Highland Beach sees its highest median household income among householders in the age group of 65 years and over old, at $157,333. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, Highland Beach only reports a median household income of $157,333 among householders in the 65 years and over age group.
- Notably, household income for individuals within the 65 years and over age group demonstrated a remarkable increase of $51,638(48.86%), escalating from a median of $105,695 in 2011 to $157,333 in 2021.
- 0 households where the householder is under 25 years old.
- 6(13.64%) households with a householder aged between 25 and 44 years.
- 10(22.73%) households with a householder aged between 45 and 64 years.
- 28(63.64%) households where the householder is over 65 years old.
Read more about Highland Beach, MD median household income by age ➔
Gender
In Highland Beach, the population consists of 34 males (48.57%) and 36 females (51.43%). Here are the primary highlights from the gender-based income distribution analysis:
- In Highland Beach, the Census Bureau did not report the median income for all workers aged 15 years and older, regardless of work hours, for both males and females 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 $75,664 for females, while data for males was unavailable due to an insufficient number of sample observations.
- In Highland Beach, the Census Bureau did not report the median income for all workers aged 15 years and older, regardless of work hours, for both males and females due to an insufficient number of sample observations.
- In Highland Beach, for full-time, year-round workers aged 15 years and older, the Census reported a median income of $75,664 for females, while data for males was unavailable due to an insufficient number of sample observations.
Read more about Highland Beach, MD income by gender ➔
Race
In Highland Beach, the population is predominantly Black or African American, constituting 52.86% of the total residents. Here are the key highlights from the analysis of income distribution by race:
- The median household income for Black or African American households is $157,482.
- In Highland Beach, Black or African American is both the largest group and the one with the highest median household income, which stands at $157,482.
- In Highland Beach, the median household income for White households was $157,998 in 2011(2022 inflation-adjusted dollars). However there is no reported data for 2021, indicating a lack of information for this specific year.
- In Highland Beach, the median household income for the households where the householder is Black or African American increased by $21,004(15.39%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $136,478 in 2011 and $157,482 in 2021.
Read more about Highland Beach, MD median household income by race ➔
Year by year
Highland Beach, MD median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Highland Beach decreased by $21,740 (13.86%), 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 2016 to 2017, when the median household income increased by 13,421 (from $140,272 to $153,693). Similarly the most substantial year-by-year decline occured from 2020 to 2021, when the median household income decreased by 21,432 (from $156,546 to $135,114).
- Additionally, the Census Bureau did not report a median household income for larger household sizes.
- With a Gini coefficient of 0.3903, it is evident that income distribution in Highland Beach, MD exihibits characterstics of moderate equality .
- NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $113,014.
Read more about Highland Beach, MD median household income ➔