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, Indian Wells sees its highest median household income among householders in the age group of 45 to 64 years old, at $153,165. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Indian Wells, the median household income stands at $153,165 for householders within the 45 to 64 years age group, followed by $121,531 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 $93,779.
- Notably, household income for individuals within the 45 to 64 years age group demonstrated the smallest decline of $5,712(3.60%), declining from a median of $158,877 in 2011 to $153,165 in 2021.
- 0 households where the householder is under 25 years old.
- 94(3.73%) households with a householder aged between 25 and 44 years.
- 673(26.74%) households with a householder aged between 45 and 64 years.
- 1,750(69.53%) households where the householder is over 65 years old.
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Gender
In Indian Wells, the population consists of 2,280 males (47.23%) and 2,547 females (52.77%). Here are the primary highlights from the gender-based income distribution analysis:
- In Indian Wells, the median income for all workers aged 15 years and older, regardless of work hours, was $88,108 for males and $50,041 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $119,289 for males and $64,514 for females.
- In Indian Wells, the median income for all workers aged 15 years and older, regardless of work hours, was $88,108 for males and $50,041 for females.
- In Indian Wells, among full-time, year-round workers aged 15 years and older, males earned a median income of $119,289, while females earned $64,514, leading to a 46% gender pay gap among full-time workers. This illustrates that women earn 54 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 Indian Wells, the population is predominantly White, constituting 91.51% 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 $132,767.
- In Indian Wells, 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 $270,229. This reveals that, while Whites may be the most numerous in Indian Wells, Two or More Races households experience greater economic prosperity in terms of median household income.
- In Indian Wells, the median household income for the households where the householder is White decreased by $19,834(13%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $152,601 in 2011 and $132,767 in 2021.
- In Indian Wells, the median household income for the households where the householder is Black or African American decreased by $47,377(58.36%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $81,178 in 2011 and $33,801 in 2021.
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Year by year
Indian Wells, CA median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Indian Wells decreased by $46,649 (26.34%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 6 years and declined for 5 years.
- The most significant year-by-year growth occured from 2014 to 2015, when the median household income increased by 10,504 (from $105,486 to $115,990). Similarly the most substantial year-by-year decline occured from 2010 to 2011, when the median household income decreased by 31,850 (from $177,093 to $145,243).
- It then further increased to $120,743 for 5-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.5833, it is evident that income distribution in Indian Wells, CA exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $187,268. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $51,016.
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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)