Age of householder
Per the latest American Community Survey by the Census Bureau, Little Sioux sees its highest median household income among householders in the age group of 25 to 44 years old, at $60,801. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, Little Sioux only reports a median household income of $60,801 among householders in the 25 to 44 years age group.
- Notably, household income for individuals within the 25 to 44 years age group demonstrated the smallest decline of $9,481(13.49%), declining from a median of $70,282 in 2011 to $60,801 in 2021.
- 2(2.63%) households where the householder is under 25 years old.
- 20(26.32%) households with a householder aged between 25 and 44 years.
- 26(34.21%) households with a householder aged between 45 and 64 years.
- 28(36.84%) households where the householder is over 65 years old.
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Gender
In Little Sioux, the population consists of 70 males (39.55%) and 107 females (60.45%). Here are the primary highlights from the gender-based income distribution analysis:
- In Little Sioux, the median income for all workers aged 15 years and older, regardless of work hours, was $35,974 for males and $14,412 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $39,183 for males and $54,316 for females.
- In Little Sioux, the median income for all workers aged 15 years and older, regardless of work hours, was $35,974 for males and $14,412 for females.
- In Little Sioux, among full-time, year-round workers aged 15 years and older, males earned a median income of $39,183, while females earned $54,316
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Race
In Little Sioux, the population is predominantly White, constituting 88.70% 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 $25,672.
- In Little Sioux, White is both the largest group and the one with the highest median household income, which stands at $25,672.
- In Little Sioux, the median household income for the households where the householder is White decreased by $16,824(39.59%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $42,496 in 2011 and $25,672 in 2021.
- Even though there is a population where the householder is Black or African American, there was no median household income reported by the U.S. Census Bureau for both 2011 and 2021.
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Year by year
Little Sioux, IA median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Little Sioux decreased by $24,926 (49.26%), 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 2017 to 2018, when the median household income increased by 11,368 (from $28,818 to $40,186). Similarly the most substantial year-by-year decline occured from 2016 to 2017, when the median household income decreased by 14,754 (from $43,572 to $28,818).
- It then further increased to $71,610 for 4-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.4678, it is evident that income distribution in Little Sioux, IA exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $51,682. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $17,073.
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