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
Age of householder
Per the latest American Community Survey by the Census Bureau, Hoonah-Angoon Census Area sees its highest median household income among householders in the age group of 45 to 64 years old, at $70,052. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Hoonah-Angoon Census Area, the median household income stands at $70,052 for householders within the 45 to 64 years age group, followed by $68,908 for the 25 to 44 years age group. Notably, householders within the 65 years and over age group, had the lowest median household income at $49,992.
- Notably, household income for individuals within the 25 to 44 years age group demonstrated a remarkable increase of $14,017(25.54%), escalating from a median of $54,891 in 2011 to $68,908 in 2021.
- 10(1.23%) households where the householder is under 25 years old.
- 105(12.95%) households with a householder aged between 25 and 44 years.
- 368(45.38%) households with a householder aged between 45 and 64 years.
- 328(40.44%) households where the householder is over 65 years old.
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Gender
In Hoonah-Angoon Census Area, the population consists of 1,310 males (56.30%) and 1,017 females (43.70%). Here are the primary highlights from the gender-based income distribution analysis:
- In Hoonah-Angoon Census Area, the median income for all workers aged 15 years and older, regardless of work hours, was $40,814 for males and $24,146 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $70,309 for males and $41,692 for females.
- In Hoonah-Angoon Census Area, the median income for all workers aged 15 years and older, regardless of work hours, was $40,814 for males and $24,146 for females.
- In Hoonah-Angoon Census Area, among full-time, year-round workers aged 15 years and older, males earned a median income of $70,309, while females earned $41,692, leading to a 41% gender pay gap among full-time workers. This illustrates that women earn 59 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 Hoonah-Angoon Census Area, the population is predominantly White, constituting 48.82% 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 $80,280.
- In Hoonah-Angoon Census Area, White is both the largest group and the one with the highest median household income, which stands at $80,280.
- In Hoonah-Angoon Census Area, the median household income for the households where the householder is White increased by $191(0.24%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $80,089 in 2011 and $80,280 in 2021.
- Even though there is a population where the householder is Black or African American, there was no median household income reported by the U.S. Census Bureau for both 2011 and 2021.
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Year by year
Hoonah-Angoon Census Area, AK median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Hoonah-Angoon Census Area increased by $1,489 (2.52%), 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 2010 to 2011, when the median household income increased by 5,753 (from $59,031 to $64,784). Similarly the most substantial year-by-year decline occured from 2020 to 2021, when the median household income decreased by 7,385 (from $67,905 to $60,520).
- It then further increased to $69,680 for 7-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.4448, it is evident that income distribution in Hoonah-Angoon Census Area, AK exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $75,213. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $48,986.
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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)