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
Age of householder
Per the latest American Community Survey by the Census Bureau, Lodge Grass sees its highest median household income among householders in the age group of 65 years and over old, at $48,641. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Lodge Grass, the median household income stands at $48,641 for householders within the 65 years and over age group, followed by $44,588 for the 45 to 64 years age group. Notably, householders within the 25 to 44 years age group, had the lowest median household income at $40,534.
- Notably, household income for individuals within the 65 years and over age group demonstrated a remarkable increase of $17,586(56.63%), escalating from a median of $31,055 in 2011 to $48,641 in 2021.
- 0 households where the householder is under 25 years old.
- 26(25.74%) households with a householder aged between 25 and 44 years.
- 45(44.55%) households with a householder aged between 45 and 64 years.
- 30(29.70%) households where the householder is over 65 years old.
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Gender
In Lodge Grass, the population consists of 239 males (47.61%) and 263 females (52.39%). Here are the primary highlights from the gender-based income distribution analysis:
- In Lodge Grass, while the Census reported a median income of $23,685 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, the median income was $26,943 for males and $41,548 for females.
- In Lodge Grass, while the Census reported a median income of $23,685 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 Lodge Grass, among full-time, year-round workers aged 15 years and older, males earned a median income of $26,943, while females earned $41,548
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Race
In Lodge Grass, the population is predominantly American Indian and Alaska Native, constituting 92.03% of the total residents. Here are the key highlights from the analysis of income distribution by race:
- The median household income for American Indian and Alaska Native households is $44,791.
- In Lodge Grass, American Indian and Alaska Native is both the largest group and the one with the highest median household income, which stands at $44,791.
- In Lodge Grass, the median household income for White households was $41,189 in 2011(2022 inflation-adjusted dollars). However there is no reported data for 2021, indicating a lack of information for this specific year.
- As per the U.S. Census Bureau population data, in Lodge Grass, 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.
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Year by year
Lodge Grass, MT median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Lodge Grass increased by $6,066 (15.77%), 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 2019 to 2020, when the median household income increased by 11,427 (from $28,705 to $40,132). Similarly the most substantial year-by-year decline occured from 2010 to 2011, when the median household income decreased by 4,403 (from $38,455 to $34,052).
- It then further increased to $56,297 for 7-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.4004, it is evident that income distribution in Lodge Grass, MT exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $45,113. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $0.
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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)