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
Gender
In Libertyville, the population consists of 41 males (58.57%) and 29 females (41.43%). Here are the primary highlights from the gender-based income distribution analysis:
- In Libertyville, while the Census reported a median income of $109,442 for all male workers aged 15 years and older, data for females in the same category was unavailable due to an insufficient number of sample observations.
- However, when specifically considering full-time, year-round workers within the same age group, while the Census reported a median income of $128,358 for males, while data for females was unavailable due to an insufficient number of sample observations.
- In Libertyville, while the Census reported a median income of $109,442 for all male workers aged 15 years and older, data for females in the same category was unavailable due to an insufficient number of sample observations.
- In Libertyville, for full-time, year-round workers aged 15 years and older, while the Census reported a median income of $128,358 for males, while data for females was unavailable due to an insufficient number of sample observations.
![Libertyville, AL gender based income disparity Line chart showing the annual median income trends in Libertyville, AL for males and females across four employment categories: (1) Males in full-time year-round positions, (2) Males in non-full-time roles (part-time and other employment types), (3) Females in full-time year-round positions, and (4) Females in non-full-time roles (part-time and other employment types).](https://i.neilsberg.com/ch/libertyville-al-income-by-gender.jpeg)
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Race
In Libertyville, the population is predominantly White, constituting 98.57% 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 $113,496.
- In Libertyville, White is both the largest group and the one with the highest median household income, which stands at $113,496.
- In Libertyville, the median household income for the households where the householder is White increased by $48,321(74.14%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $65,175 in 2011 and $113,496 in 2021.
- As per the U.S. Census Bureau population data, in Libertyville, 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.
![Libertyville, AL median household income diversity across racial categories The bar chart shows Libertyville, AL median household income across all racial categories identified by the U.S. Census Bureau.](https://i.neilsberg.com/ch/libertyville-al-median-household-income-by-race.jpeg)
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Year by year
Libertyville, AL median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Libertyville increased by $57,115 (101.30%), 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 2020 to 2021, when the median household income increased by 43,525 (from $69,971 to $113,496). Similarly the most substantial year-by-year decline occured from 2012 to 2013, when the median household income decreased by 6,103 (from $62,617 to $56,514).
- NA
- With a Gini coefficient of 0.4232, it is evident that income distribution in Libertyville, AL exihibits characterstics of moderate inequality .
- NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $24,021.
![Libertyville, AL median household income trend (2010-2021, in 2022 inflation-adjusted dollars) The line chart shows Libertyville, AL median household income from 2010 to 2021. The orange line represents Census Bureau data for median household income (without adjusting for any inflation), while the blue line shows inflation-adjusted median household income for 2022.](https://i.neilsberg.com/ch/libertyville-al-median-household-income-trend.jpeg)
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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)