Age of householder
Per the latest American Community Survey by the Census Bureau, Mammoth Lakes sees its highest median household income among householders in the age group of 45 to 64 years old, at $97,563. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Mammoth Lakes, the median household income stands at $97,563 for householders within the 45 to 64 years age group, followed by $63,525 for the 25 to 44 years age group. Notably, householders within the under 25 years age group, had the lowest median household income at $55,096.
- Notably, household income for individuals within the 45 to 64 years age group demonstrated a remarkable increase of $11,753(13.70%), escalating from a median of $85,810 in 2011 to $97,563 in 2021.
- 141(4.59%) households where the householder is under 25 years old.
- 1,306(42.51%) households with a householder aged between 25 and 44 years.
- 1,196(38.93%) households with a householder aged between 45 and 64 years.
- 429(13.96%) households where the householder is over 65 years old.
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Gender
In Mammoth Lakes, the population consists of 3,655 males (49.92%) and 3,666 females (50.08%). Here are the primary highlights from the gender-based income distribution analysis:
- In Mammoth Lakes, the median income for all workers aged 15 years and older, regardless of work hours, was $49,934 for males and $43,455 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $54,537 for males and $45,579 for females.
- In Mammoth Lakes, the median income for all workers aged 15 years and older, regardless of work hours, was $49,934 for males and $43,455 for females.
- In Mammoth Lakes, among full-time, year-round workers aged 15 years and older, males earned a median income of $54,537, while females earned $45,579, leading to a 16% gender pay gap among full-time workers. This illustrates that women earn 84 cents for each dollar earned by men in full-time roles. This analysis indicates a widening gender pay gap, showing a substantial income disparity where women, despite working full-time, face a more significant wage discrepancy compared to men in the same roles.
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Race
In Mammoth Lakes, the population is predominantly White, constituting 86.20% 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 $80,206.
- In Mammoth Lakes, White is both the largest group and the one with the highest median household income, which stands at $80,206.
- In Mammoth Lakes, the median household income for the households where the householder is White increased by $909(1.15%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $79,297 in 2011 and $80,206 in 2021.
- In Mammoth Lakes, the median household income for Black or African American households was $56,389 in 2011(2022 inflation-adjusted dollars). However there is no reported data for 2021, indicating a lack of information for this specific year.
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Year by year
Mammoth Lakes, CA median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Mammoth Lakes increased by $10,399 (14.16%), 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 9,485 (from $68,457 to $77,942). Similarly the most substantial year-by-year decline occured from 2014 to 2015, when the median household income decreased by 6,554 (from $75,682 to $69,128).
- It then further increased to $101,454 for 5-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.3654, it is evident that income distribution in Mammoth Lakes, CA exihibits characterstics of moderate equality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $101,415. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $57,788.
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