Gender
In Junction City, the population consists of 348 males (49.57%) and 354 females (50.43%). Here are the primary highlights from the gender-based income distribution analysis:
- In Junction City, the median income for all workers aged 15 years and older, regardless of work hours, was $33,516 for males and $27,361 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $51,973 for males and $28,712 for females.
- In Junction City, the median income for all workers aged 15 years and older, regardless of work hours, was $33,516 for males and $27,361 for females.
- In Junction City, among full-time, year-round workers aged 15 years and older, males earned a median income of $51,973, while females earned $28,712, leading to a 45% gender pay gap among full-time workers. This illustrates that women earn 55 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 Junction City, the population is predominantly Black or African American, constituting 66.24% of the total residents. Here are the key highlights from the analysis of income distribution by race:
- The median household income for Black or African American households is $33,336.
- In Junction City, despite the Black or African American population being the most populous, it is worth noting that White households actually reports the highest median household income, with a median income of $64,329. This reveals that, while Black or African Americans may be the most numerous in Junction City, White households experience greater economic prosperity in terms of median household income.
- In Junction City, the median household income for the households where the householder is White increased by $17,337(36.89%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $46,992 in 2011 and $64,329 in 2021.
- In Junction City, the median household income for the households where the householder is Black or African American decreased by $691(2.03%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $34,027 in 2011 and $33,336 in 2021.
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Year by year
Junction City, AR median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Junction City decreased by $15,683 (31.22%), 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 2011 to 2012, when the median household income increased by 17,296 (from $41,407 to $58,703). Similarly the most substantial year-by-year decline occured from 2018 to 2019, when the median household income decreased by 16,708 (from $45,301 to $28,593).
- It then further increased to $105,941 for 3-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.3776, it is evident that income distribution in Junction City, AR exihibits characterstics of moderate equality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $40,852. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $25,966.
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