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, Hurley sees its highest median household income among householders in the age group of 25 to 44 years old, at $77,015. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Hurley, where there exist only two delineated age groups, the median household income is $77,015 for householders within the 25 to 44 years age group, compared to $37,832 for the under 25 years age group.
- Notably, household income for individuals within the 25 to 44 years age group demonstrated the smallest decline of $2,958(3.70%), declining from a median of $79,973 in 2011 to $77,015 in 2021.
- 6(12.24%) households where the householder is under 25 years old.
- 24(48.98%) households with a householder aged between 25 and 44 years.
- 14(28.57%) households with a householder aged between 45 and 64 years.
- 5(10.20%) households where the householder is over 65 years old.
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Gender
In Hurley, the population consists of 89 males (64.49%) and 49 females (35.51%). Here are the primary highlights from the gender-based income distribution analysis:
- In Hurley, the median income for all workers aged 15 years and older, regardless of work hours, was $42,271 for males and $31,076 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $44,062 for males and $37,156 for females.
- In Hurley, the median income for all workers aged 15 years and older, regardless of work hours, was $42,271 for males and $31,076 for females.
- In Hurley, among full-time, year-round workers aged 15 years and older, males earned a median income of $44,062, while females earned $37,156, leading to a 16% gender pay gap among full-time workers. This illustrates that women earn 84 cents for each dollar earned by men in full-time roles. This analysis indicates a widening gender pay gap, showing a substantial income disparity where women, despite working full-time, face a more significant wage discrepancy compared to men in the same roles.
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Race
In Hurley, the population is predominantly White, constituting 86.23% 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 $66,657.
- In Hurley, White is both the largest group and the one with the highest median household income, which stands at $66,657.
- In Hurley, the median household income for the households where the householder is White decreased by $29(0.04%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $66,686 in 2011 and $66,657 in 2021.
- As per the U.S. Census Bureau population data, in Hurley, 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
Hurley, MO median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Hurley decreased by $18,001 (26.21%), 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 9,074 (from $27,315 to $36,389). Similarly the most substantial year-by-year decline occured from 2013 to 2014, when the median household income decreased by 26,369 (from $60,719 to $34,350).
- Additionally, the Census Bureau did not report a median household income for larger household sizes.
- With a Gini coefficient of 0.2372, it is evident that income distribution in Hurley, MO exihibits characterstics of moderate equality .
- NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $52,019.
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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)