Age of householder
Per the latest American Community Survey by the Census Bureau, Leary sees its highest median household income among householders in the age group of 65 years and over old, at $44,588. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Leary, where there exist only two delineated age groups, the median household income is $44,588 for householders within the 65 years and over age group, compared to $36,979 for the 45 to 64 years age group.
- Notably, household income for individuals within the 65 years and over age group demonstrated a remarkable increase of $31,711(246.26%), escalating from a median of $12,877 in 2011 to $44,588 in 2021.
- 5(2.46%) households where the householder is under 25 years old.
- 6(2.96%) households with a householder aged between 25 and 44 years.
- 88(43.35%) households with a householder aged between 45 and 64 years.
- 104(51.23%) households where the householder is over 65 years old.
Read more about Leary, GA median household income by age ➔
Gender
In Leary, the population consists of 190 males (42.51%) and 257 females (57.49%). Here are the primary highlights from the gender-based income distribution analysis:
- In Leary, the median income for all workers aged 15 years and older, regardless of work hours, was $21,777 for males and $14,294 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $37,381 for males and $59,720 for females.
- In Leary, the median income for all workers aged 15 years and older, regardless of work hours, was $21,777 for males and $14,294 for females.
- In Leary, among full-time, year-round workers aged 15 years and older, males earned a median income of $37,381, while females earned $59,720
Read more about Leary, GA income by gender ➔
Race
In Leary, the population is predominantly Black or African American, constituting 83% 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 $36,623.
- In Leary, 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 $47,741. This reveals that, while Black or African Americans may be the most numerous in Leary, White households experience greater economic prosperity in terms of median household income.
- In Leary, the median household income for the households where the householder is White decreased by $6,984(12.76%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $54,725 in 2011 and $47,741 in 2021.
- In Leary, the median household income for the households where the householder is Black or African American decreased by $12,700(25.75%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $49,323 in 2011 and $36,623 in 2021.
Read more about Leary, GA median household income by race ➔
Year by year
Leary, GA median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Leary decreased by $15,838 (29.79%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 4 years and declined for 7 years.
- The most significant year-by-year growth occured from 2012 to 2013, when the median household income increased by 4,778 (from $45,690 to $50,468). Similarly the most substantial year-by-year decline occured from 2013 to 2014, when the median household income decreased by 8,492 (from $50,468 to $41,976).
- It then further increased to $35,918 for 3-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.4169, it is evident that income distribution in Leary, GA exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $49,992. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $20,267.
Read more about Leary, GA median household income ➔