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, Klawock sees its highest median household income among householders in the age group of 25 to 44 years old, at $83,095. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Klawock, the median household income stands at $83,095 for householders within the 25 to 44 years age group, followed by $64,011 for the 45 to 64 years age group. Notably, householders within the 65 years and over age group, had the lowest median household income at $38,732.
- Notably, household income for individuals within the 25 to 44 years age group demonstrated a remarkable increase of $38,498(86.32%), escalating from a median of $44,597 in 2011 to $83,095 in 2021.
- 10(3.45%) households where the householder is under 25 years old.
- 65(22.41%) households with a householder aged between 25 and 44 years.
- 129(44.48%) households with a householder aged between 45 and 64 years.
- 86(29.66%) households where the householder is over 65 years old.
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Gender
In Klawock, the population consists of 472 males (58.63%) and 333 females (41.37%). Here are the primary highlights from the gender-based income distribution analysis:
- In Klawock, the median income for all workers aged 15 years and older, regardless of work hours, was $28,231 for males and $25,023 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $45,804 for males and $45,939 for females.
- In Klawock, the median income for all workers aged 15 years and older, regardless of work hours, was $28,231 for males and $25,023 for females.
- In Klawock, for all full-time workers aged 15 years and older, the median income was equal at, $45,939 for both males and females. This indicates a gender income balance in Klawock, where both men and women, in full-time year-round roles, earn an equal income.
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Race
In Klawock, the population is predominantly American Indian and Alaska Native, constituting 41.61% of the total residents. Here are the key highlights from the analysis of income distribution by race:
- The median household income for American Indian and Alaska Native households is $47,290.
- In Klawock, despite the American Indian and Alaska Native 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 $64,179. This reveals that, while American Indian and Alaska Natives may be the most numerous in Klawock, Two or More Races households experience greater economic prosperity in terms of median household income.
- In Klawock, the median household income for the households where the householder is White increased by $7,191(13%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $55,300 in 2011 and $62,491 in 2021.
- Even though there is a population where the householder is Black or African American, there was no median household income reported by the U.S. Census Bureau for both 2011 and 2021.
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Year by year
Klawock, AK median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Klawock decreased by $11,052 (15.98%), 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 2017 to 2018, when the median household income increased by 8,999 (from $55,090 to $64,089). Similarly the most substantial year-by-year decline occured from 2012 to 2013, when the median household income decreased by 15,332 (from $62,119 to $46,787).
- It then further increased to $93,229 for 7-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.4433, it is evident that income distribution in Klawock, AK exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $74,313. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $24,884.
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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)