Age of householder
Per the latest American Community Survey by the Census Bureau, Holy Cross sees its highest median household income among householders in the age group of 45 to 64 years old, at $64,179. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Holy Cross, where there exist only two delineated age groups, the median household income is $64,179 for householders within the 45 to 64 years age group, compared to $22,125 for the 65 years and over age group.
- Notably, household income for individuals within the 45 to 64 years age group demonstrated a remarkable increase of $35,304(122.26%), escalating from a median of $28,875 in 2011 to $64,179 in 2021.
- 0 households where the householder is under 25 years old.
- 32(34.04%) households with a householder aged between 25 and 44 years.
- 35(37.23%) households with a householder aged between 45 and 64 years.
- 27(28.72%) households where the householder is over 65 years old.
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Gender
In Holy Cross, the population consists of 196 males (67.59%) and 94 females (32.41%). Here are the primary highlights from the gender-based income distribution analysis:
- In Holy Cross, the median income for all workers aged 15 years and older, regardless of work hours, was $8,951 for males and $30,536 for females.
- However, when specifically considering full-time, year-round workers within the same age group, while the Census reported a median income of $2,701 for males, while data for females was unavailable due to an insufficient number of sample observations.
- In Holy Cross, the median income for all workers aged 15 years and older, regardless of work hours, was $8,951 for males and $30,536 for females.
- In Holy Cross, for full-time, year-round workers aged 15 years and older, while the Census reported a median income of $2,701 for males, while data for females was unavailable due to an insufficient number of sample observations.
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Race
In Holy Cross, the population is predominantly American Indian and Alaska Native, constituting 94.48% of the total residents. Here are the key highlights from the analysis of income distribution by race:
- The median household income for American Indian and Alaska Native households is $31,977.
- In Holy Cross, American Indian and Alaska Native is both the largest group and the one with the highest median household income, which stands at $31,977.
- Even though there is a population where the householder is White, there was no median household income reported by the U.S. Census Bureau for both 2011 and 2021.
- As per the U.S. Census Bureau population data, in Holy Cross, 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
Holy Cross, AK median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Holy Cross decreased by $1,528 (4.38%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 4 years and declined for 7 years.
- The most significant year-by-year growth occured from 2010 to 2011, when the median household income increased by 11,563 (from $34,856 to $46,419). Similarly the most substantial year-by-year decline occured from 2019 to 2020, when the median household income decreased by 6,610 (from $35,882 to $29,272).
- It then further increased to $75,664 for 6-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.411, it is evident that income distribution in Holy Cross, AK exihibits characterstics of moderate inequality .
- NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $36,706.
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