Gender
In Lawrence, the population consists of 43,741 males (49.82%) and 44,057 females (50.18%). Here are the primary highlights from the gender-based income distribution analysis:
- In Lawrence, the median income for all workers aged 15 years and older, regardless of work hours, was $35,546 for males and $26,596 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $47,542 for males and $37,848 for females.
- In Lawrence, the median income for all workers aged 15 years and older, regardless of work hours, was $35,546 for males and $26,596 for females.
- In Lawrence, among full-time, year-round workers aged 15 years and older, males earned a median income of $47,542, while females earned $37,848, leading to a 20% gender pay gap among full-time workers. This illustrates that women earn 80 cents for each dollar earned by men in full-time roles. This analysis indicates a widening gender pay gap, showing a substantial income disparity where women, despite working full-time, face a more significant wage discrepancy compared to men in the same roles.
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Race
In Lawrence, the population is predominantly some other race, constituting 42.09% of the total residents. Here are the key highlights from the analysis of income distribution by race:
- The median household income for some other race households is $58,980.
- In Lawrence, despite the some other race population being the most populous, it is worth noting that Black or African American households actually reports the highest median household income, with a median income of $72,985. This reveals that, while some other races may be the most numerous in Lawrence, Black or African American households experience greater economic prosperity in terms of median household income.
- In Lawrence, the median household income for the households where the householder is White increased by $9,343(21.98%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $42,508 in 2012 and $51,851 in 2022.
- In Lawrence, the median household income for the households where the householder is Black or African American increased by $36,105(97.90%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $36,880 in 2012 and $72,985 in 2022.
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Year by year
Lawrence, MA median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Lawrence increased by $8,710 (20.41%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 8 years and declined for 3 years.
- The most significant year-by-year growth occured from 2018 to 2019, when the median household income increased by 2,612 (from $48,613 to $51,225). Similarly the most substantial year-by-year decline occured from 2010 to 2011, when the median household income decreased by 1,519 (from $42,679 to $41,160).
- It then further increased to $49,924 for 7-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.4631, it is evident that income distribution in Lawrence, MA exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $62,717. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $41,370.
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