Age of householder
Per the latest American Community Survey by the Census Bureau, Lake Santeetlah sees its highest median household income among householders in the age group of 65 years and over old, at $75,327. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, Lake Santeetlah only reports a median household income of $75,327 among householders in the 65 years and over age group.
- Notably, household income for individuals within the 65 years and over age group demonstrated a remarkable increase of $4,228(5.95%), escalating from a median of $71,099 in 2011 to $75,327 in 2021.
- 0 households where the householder is under 25 years old.
- 4(12.50%) households with a householder aged between 25 and 44 years.
- 7(21.88%) households with a householder aged between 45 and 64 years.
- 21(65.62%) households where the householder is over 65 years old.
Read more about Lake Santeetlah, NC median household income by age ➔
Race
In Lake Santeetlah, the population is predominantly White, constituting 57.14% 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 $77,555.
- In Lake Santeetlah, White is both the largest group and the one with the highest median household income, which stands at $77,555.
- In Lake Santeetlah, the median household income for the households where the householder is White decreased by $14,676(15.91%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $92,231 in 2011 and $77,555 in 2021.
- As per the U.S. Census Bureau population data, in Lake Santeetlah, 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.
Read more about Lake Santeetlah, NC median household income by race ➔
Year by year
Lake Santeetlah, NC median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Lake Santeetlah decreased by $23,728 (22.94%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 5 years and declined for 6 years.
- The most significant year-by-year growth occured from 2013 to 2014, when the median household income increased by 9,540 (from $80,433 to $89,973). Similarly the most substantial year-by-year decline occured from 2015 to 2016, when the median household income decreased by 17,805 (from $77,430 to $59,625).
- Additionally, the Census Bureau did not report a median household income for larger household sizes.
- With a Gini coefficient of 0.354, it is evident that income distribution in Lake Santeetlah, NC exihibits characterstics of moderate equality .
- NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $116,738.
Read more about Lake Santeetlah, NC median household income ➔