Lincoln County, SD Income

The inflation-adjusted median household income in Lincoln County was $94,645, based on U.S. Census Bureau ACS estimates.
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Updated Dec 15, 2023
Overview
$94,645
Median household income
0.4064
Gini coefficient
** (N/A)
Highest median income age group
$426,990
Income of top 5%

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 Lincoln County, the population consists of 31,231 males (49.39%) and 32,002 females (50.61%). Here are the primary highlights from the gender-based income distribution analysis:

  • In Lincoln County, the median income for all workers aged 15 years and older, regardless of work hours, was $59,664 for males and $36,852 for females.
  • However, when specifically considering full-time, year-round workers within the same age group, the median income was $70,681 for males and $51,281 for females.
  • In Lincoln County, the median income for all workers aged 15 years and older, regardless of work hours, was $59,664 for males and $36,852 for females.
  • In Lincoln County, among full-time, year-round workers aged 15 years and older, males earned a median income of $70,681, while females earned $51,281, leading to a 27% gender pay gap among full-time workers. This illustrates that women earn 73 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.
Line chart showing the annual median income trends in Lincoln County, SD 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).
Lincoln County, SD gender based income disparity: Gain insights into gender-based pay disparity trends and explore the variations in income for male and female individuals, in 2022 inflation adjusted dollars. Source: U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates

Read more about Lincoln County, SD income by gender ➔

Race

In Lincoln County, the population is predominantly White, constituting 92.62% 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 $93,036.
  • In Lincoln County, despite the White population being the most populous, it is worth noting that Asian households actually reports the highest median household income, with a median income of $168,519. This reveals that, while Whites may be the most numerous in Lincoln County, Asian households experience greater economic prosperity in terms of median household income.
  • In Lincoln County, there was no reported median household income for White households in 2012. However, in 2022, the median household income increased to $93,036, marking a significant change.
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The bar chart shows Lincoln County, SD median household income across all racial categories identified by the U.S. Census Bureau.
Lincoln County, SD median household income diversity across racial categories: Gain insights into economic disparities and trends and explore the variations in median houshold income for diverse racial categories. Source: U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates

Read more about Lincoln County, SD median household income by race ➔

Year by year

Lincoln County, SD median household income trends by year, family type and household size (2010-2021):

  • From 2010 to 2021, the median household income for Lincoln County increased by $3,751 (4.13%), as per the American Community Survey estimates.
  • Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 7 years and declined for 4 years.
  • The most significant year-by-year growth occured from 2016 to 2017, when the median household income increased by 3,290 (from $94,733 to $98,023). Similarly the most substantial year-by-year decline occured from 2017 to 2018, when the median household income decreased by 2,836 (from $98,023 to $95,187).
  • It then further decreased to 34,306 for 7-person households, the largest household size for which the bureau reported a median household income.
  • With a Gini coefficient of 0.4064, it is evident that income distribution in Lincoln County, SD exihibits characterstics of moderate inequality .
  • For the family households, the median income (in 2022 inflation-adjusted dollars) was $103,355. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $57,401.
The line chart shows Lincoln County, SD 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.
Lincoln County, SD median household income trends: 2010 to 2021. The chart illustrates income fluctuations over the years, highlighting the impact of inflation on economic trends. Source: U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates

Read more about Lincoln County, SD median household income ➔

References

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Lincoln County, SD Demographics

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Median household income of places that contain Lincoln County (in 2022 dollars)
Median household income of adjacent counties (in 2022 dollars)
Median household income of popular cities (in 2022 dollars)
Insights for Lincoln County, by topic

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Neilsberg Research team are data scientists with expertise in processing, analysis and visualization of big data helping small businesses make right decisions.

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