Age of householder
Per the latest American Community Survey by the Census Bureau, Hill City sees its highest median household income among householders in the age group of 25 to 44 years old, at $69,989. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Hill City, the median household income stands at $69,989 for householders within the 25 to 44 years age group, followed by $52,501 for the 45 to 64 years age group. Notably, householders within the 65 years and over age group, had the lowest median household income at $38,767.
- Notably, household income for individuals within the 25 to 44 years age group demonstrated a remarkable increase of $5,591(8.68%), escalating from a median of $64,398 in 2011 to $69,989 in 2021.
- 117(15.92%) households where the householder is under 25 years old.
- 189(25.71%) households with a householder aged between 25 and 44 years.
- 204(27.76%) households with a householder aged between 45 and 64 years.
- 225(30.61%) households where the householder is over 65 years old.
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Gender
In Hill City, the population consists of 771 males (47.01%) and 869 females (52.99%). Here are the primary highlights from the gender-based income distribution analysis:
- In Hill City, the median income for all workers aged 15 years and older, regardless of work hours, was $37,224 for males and $24,321 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $44,801 for males and $46,170 for females.
- In Hill City, the median income for all workers aged 15 years and older, regardless of work hours, was $37,224 for males and $24,321 for females.
- In Hill City, among full-time, year-round workers aged 15 years and older, males earned a median income of $44,801, while females earned $46,170
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Race
In Hill City, the population is predominantly White, constituting 90.91% 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 $42,805.
- In Hill City, despite the White population being the most populous, it is worth noting that Two or More Races households actually reports the highest median household income, with a median income of $71,160. This reveals that, while Whites may be the most numerous in Hill City, Two or More Races households experience greater economic prosperity in terms of median household income.
- In Hill City, the median household income for the households where the householder is White decreased by $5,702(11.76%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $48,507 in 2011 and $42,805 in 2021.
- In Hill City, the median household income for Black or African American households was $61,293 in 2011(2022 inflation-adjusted dollars). However there is no reported data for 2021, indicating a lack of information for this specific year.
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Year by year
Hill City, KS median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Hill City decreased by $11,479 (21.19%), 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 2011 to 2012, when the median household income increased by 6,607 (from $48,333 to $54,940). Similarly the most substantial year-by-year decline occured from 2019 to 2020, when the median household income decreased by 7,137 (from $48,462 to $41,325).
- It then further increased to $74,416 for 4-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.4511, it is evident that income distribution in Hill City, KS exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $54,586. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $30,485.
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