Race
In Lost Springs, the population is predominantly White, constituting 83.33% 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 $57,930.
- In Lost Springs, White is both the largest group and the one with the highest median household income, which stands at $57,930.
- In Lost Springs, the median household income for the households where the householder is White increased by $32,596(128.67%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $25,334 in 2011 and $57,930 in 2021.
- As per the U.S. Census Bureau population data, in Lost Springs, 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
Lost Springs, KS median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Lost Springs increased by $27,404 (87.83%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 6 years and declined for 5 years.
- The most significant year-by-year growth occured from 2019 to 2020, when the median household income increased by 15,670 (from $43,537 to $59,207). Similarly the most substantial year-by-year decline occured from 2010 to 2011, when the median household income decreased by 5,868 (from $31,202 to $25,334).
- NA
- With a Gini coefficient of 0.1914, it is evident that income distribution in Lost Springs, KS exihibits characterstics of high equality .
- NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $25,131.
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