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 Madera, the population consists of 32,293 males (48.80%) and 33,880 females (51.20%). Here are the primary highlights from the gender-based income distribution analysis:
- In Madera, the median income for all workers aged 15 years and older, regardless of work hours, was $30,347 for males and $19,693 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $45,208 for males and $41,346 for females.
- In Madera, the median income for all workers aged 15 years and older, regardless of work hours, was $30,347 for males and $19,693 for females.
- In Madera, among full-time, year-round workers aged 15 years and older, males earned a median income of $45,208, while females earned $41,346, resulting in a 9% gender pay gap among full-time workers. This illustrates that women earn 91 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 Madera.
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Race
In Madera, the population is predominantly White, constituting 42.27% 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 $71,140.
- In Madera, despite the White population being the most populous, it is worth noting that Two or More Races households actually reports the highest median household income, with a median income of $78,311. This reveals that, while Whites may be the most numerous in Madera, Two or More Races households experience greater economic prosperity in terms of median household income.
- In Madera, there was no reported median household income for White households in 2012. However, in 2022, the median household income increased to $71,140, marking a significant change.
- In Madera, there was no reported median household income for Black or African American households in 2012. However, in 2022, the median household income increased to $71,664, marking a significant change.
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Year by year
Madera, CA median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Madera increased by $2,957 (5.36%), 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 4,047 (from $51,857 to $55,904). Similarly the most substantial year-by-year decline occured from 2012 to 2013, when the median household income decreased by 2,586 (from $55,382 to $52,796).
- It then further increased to $90,275 for 7-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.4614, it is evident that income distribution in Madera, CA exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $73,891. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $32,789.
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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)