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, Kimball sees its highest median household income among householders in the age group of 45 to 64 years old, at $58,099. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, Kimball only reports a median household income of $58,099 among householders in the 45 to 64 years age group.
- Notably, household income for individuals within the 45 to 64 years age group demonstrated a remarkable increase of $13,968(31.65%), escalating from a median of $44,131 in 2011 to $58,099 in 2021.
- 0 households where the householder is under 25 years old.
- 3(6.82%) households with a householder aged between 25 and 44 years.
- 32(72.73%) households with a householder aged between 45 and 64 years.
- 9(20.45%) households where the householder is over 65 years old.
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Gender
In Kimball, the population consists of 87 males (54.72%) and 72 females (45.28%). Here are the primary highlights from the gender-based income distribution analysis:
- In Kimball, while the Census reported a median income of $24,108 for all female workers aged 15 years and older, data for males in the same category was unavailable due to an insufficient number of sample observations.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $45,523 for males and $31,076 for females.
- In Kimball, while the Census reported a median income of $24,108 for all female workers aged 15 years and older, data for males in the same category was unavailable due to an insufficient number of sample observations.
- In Kimball, among full-time, year-round workers aged 15 years and older, males earned a median income of $45,523, while females earned $31,076, leading to a 32% gender pay gap among full-time workers. This illustrates that women earn 68 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 Kimball, the population is predominantly Black or African American, constituting 75.47% 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 $51,343.
- In Kimball, Black or African American is both the largest group and the one with the highest median household income, which stands at $51,343.
- In Kimball, the median household income for White households was $63,417 in 2011(2022 inflation-adjusted dollars). However there is no reported data for 2021, indicating a lack of information for this specific year.
- In Kimball, the median household income for the households where the householder is Black or African American increased by $12,116(30.89%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $39,227 in 2011 and $51,343 in 2021.
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Year by year
Kimball, WV median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Kimball increased by $4,539 (9.70%), 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 2014 to 2015, when the median household income increased by 11,190 (from $36,197 to $47,387). Similarly the most substantial year-by-year decline occured from 2016 to 2017, when the median household income decreased by 12,122 (from $57,332 to $45,210).
- Additionally, the Census Bureau did not report a median household income for larger household sizes.
- With a Gini coefficient of 0.1993, it is evident that income distribution in Kimball, WV exihibits characterstics of high equality .
- NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $26,543.
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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)