Age of householder
Per the latest American Community Survey by the Census Bureau, Lewiston Woodville sees its highest median household income among householders in the age group of 45 to 64 years old, at $39,295. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, Lewiston Woodville only reports a median household income of $39,295 among householders in the 45 to 64 years age group.
- Notably, household income for individuals within the 45 to 64 years age group demonstrated the smallest decline of $7,015(15.15%), declining from a median of $46,310 in 2011 to $39,295 in 2021.
- 0 households where the householder is under 25 years old.
- 39(24.84%) households with a householder aged between 25 and 44 years.
- 39(24.84%) households with a householder aged between 45 and 64 years.
- 79(50.32%) households where the householder is over 65 years old.
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Gender
In Lewiston Woodville, the population consists of 142 males (40.11%) and 212 females (59.89%). Here are the primary highlights from the gender-based income distribution analysis:
- In Lewiston Woodville, the median income for all workers aged 15 years and older, regardless of work hours, was $25,672 for males and $22,793 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the Census reported a median income of $40,920 for females, while data for males was unavailable due to an insufficient number of sample observations.
- In Lewiston Woodville, the median income for all workers aged 15 years and older, regardless of work hours, was $25,672 for males and $22,793 for females.
- In Lewiston Woodville, for full-time, year-round workers aged 15 years and older, the Census reported a median income of $40,920 for females, while data for males was unavailable due to an insufficient number of sample observations.
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Race
In Lewiston Woodville, the population is predominantly Black or African American, constituting 68.36% 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 $31,667.
- In Lewiston Woodville, 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 $113,901. This reveals that, while Black or African Americans may be the most numerous in Lewiston Woodville, White households experience greater economic prosperity in terms of median household income.
- In Lewiston Woodville, the median household income for the households where the householder is White increased by $73,039(178.75%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $40,862 in 2011 and $113,901 in 2021.
- In Lewiston Woodville, the median household income for the households where the householder is Black or African American increased by $6,233(24.51%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $25,434 in 2011 and $31,667 in 2021.
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Year by year
Lewiston Woodville, NC median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Lewiston Woodville increased by $11,787 (41.82%), 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 11,554 (from $31,261 to $42,815). Similarly the most substantial year-by-year decline occured from 2015 to 2016, when the median household income decreased by 7,723 (from $52,824 to $45,101).
- Additionally, the Census Bureau did not report a median household income for larger household sizes.
- With a Gini coefficient of 0.5902, it is evident that income distribution in Lewiston Woodville, NC exihibits characterstics of moderate inequality .
- NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $63,166.
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