Age of householder
Per the latest American Community Survey by the Census Bureau, Jane Lew sees its highest median household income among householders in the age group of 65 years and over old, at $52,584. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Jane Lew, where there exist only two delineated age groups, the median household income is $52,584 for householders within the 65 years and over age group, compared to $52,154 for the 25 to 44 years age group.
- Notably, household income for individuals within the 65 years and over age group demonstrated a remarkable increase of $33,624(177.34%), escalating from a median of $18,960 in 2011 to $52,584 in 2021.
- 0 households where the householder is under 25 years old.
- 27(12.22%) households with a householder aged between 25 and 44 years.
- 91(41.18%) households with a householder aged between 45 and 64 years.
- 103(46.61%) households where the householder is over 65 years old.
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Gender
In Jane Lew, the population consists of 256 males (50.00%) and 256 females (50.00%). Here are the primary highlights from the gender-based income distribution analysis:
- In Jane Lew, the median income for all workers aged 15 years and older, regardless of work hours, was $34,184 for males and $25,672 for females.
- However, when specifically considering full-time, year-round workers within the same age group, while the Census reported a median income of $51,175 for males, while data for females was unavailable due to an insufficient number of sample observations.
- In Jane Lew, the median income for all workers aged 15 years and older, regardless of work hours, was $34,184 for males and $25,672 for females.
- In Jane Lew, for full-time, year-round workers aged 15 years and older, while the Census reported a median income of $51,175 for males, while data for females was unavailable due to an insufficient number of sample observations.
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Race
In Jane Lew, the population is predominantly White, constituting 76.37% 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 $52,807.
- In Jane Lew, 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 $52,952. This reveals that, while Whites may be the most numerous in Jane Lew, Two or More Races households experience greater economic prosperity in terms of median household income.
- In Jane Lew, the median household income for the households where the householder is White increased by $13,011(32.69%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $39,796 in 2011 and $52,807 in 2021.
- As per the U.S. Census Bureau population data, in Jane Lew, 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
Jane Lew, WV median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Jane Lew increased by $13,315 (33.88%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 7 years and declined for 4 years.
- The most significant year-by-year growth occured from 2019 to 2020, when the median household income increased by 17,614 (from $34,447 to $52,061). Similarly the most substantial year-by-year decline occured from 2018 to 2019, when the median household income decreased by 7,514 (from $41,961 to $34,447).
- Additionally, the Census Bureau did not report a median household income for larger household sizes.
- With a Gini coefficient of 0.4544, it is evident that income distribution in Jane Lew, WV exihibits characterstics of moderate inequality .
- NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $59,450.
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