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 Luxora, the population consists of 617 males (58.37%) and 440 females (41.63%). Here are the primary highlights from the gender-based income distribution analysis:
- In Luxora, the median income for all workers aged 15 years and older, regardless of work hours, was $20,042 for males and $18,038 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $34,003 for males and $32,381 for females.
- In Luxora, the median income for all workers aged 15 years and older, regardless of work hours, was $20,042 for males and $18,038 for females.
- In Luxora, among full-time, year-round workers aged 15 years and older, males earned a median income of $34,003, while females earned $32,381, resulting in a 5% gender pay gap among full-time workers. This illustrates that women earn 95 cents for each dollar earned by men in full-time positions. While this gap shows a trend where women are inching closer to wage parity with men, it also exhibits a noticeable income difference for women working full-time in the city of Luxora.
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Race
In Luxora, the population is predominantly Black or African American, constituting 52.60% of the total residents. Here are the key highlights from the analysis of income distribution by race:
- The median household income for Black or African American households is $27,602.
- In Luxora, despite the Black or African American population being the most populous, it is worth noting that Some Other Race households actually reports the highest median household income, with a median income of $64,044. This reveals that, while Black or African Americans may be the most numerous in Luxora, Some Other Race households experience greater economic prosperity in terms of median household income.
- In Luxora, the median household income for the households where the householder is White increased by $7,551(23.87%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $31,632 in 2011 and $39,183 in 2021.
- In Luxora, the median household income for the households where the householder is Black or African American increased by $7,287(35.87%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $20,315 in 2011 and $27,602 in 2021.
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Year by year
Luxora, AR median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Luxora increased by $12,192 (67.87%), 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 2010 to 2011, when the median household income increased by 5,112 (from $17,963 to $23,075). Similarly the most substantial year-by-year decline occured from 2015 to 2016, when the median household income decreased by 3,689 (from $31,034 to $27,345).
- It then further increased to $83,602 for 5-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.5095, it is evident that income distribution in Luxora, AR exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $50,742. 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)