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 Mansfield, the population consists of 34,792 males (48.75%) and 36,583 females (51.25%). Here are the primary highlights from the gender-based income distribution analysis:
- In Mansfield, the median income for all workers aged 15 years and older, regardless of work hours, was $64,783 for males and $39,552 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $84,456 for males and $64,217 for females.
- In Mansfield, the median income for all workers aged 15 years and older, regardless of work hours, was $64,783 for males and $39,552 for females.
- In Mansfield, among full-time, year-round workers aged 15 years and older, males earned a median income of $84,456, while females earned $64,217, leading to a 24% gender pay gap among full-time workers. This illustrates that women earn 76 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 Mansfield, the population is predominantly White, constituting 62.36% 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 $121,013.
- In Mansfield, despite the White population being the most populous, it is worth noting that Black or African American households actually reports the highest median household income, with a median income of $151,472. This reveals that, while Whites may be the most numerous in Mansfield, Black or African American households experience greater economic prosperity in terms of median household income.
- In Mansfield, there was no reported median household income for White households in 2012. However, in 2022, the median household income increased to $121,013, marking a significant change.
- In Mansfield, there was no reported median household income for Black or African American households in 2012. However, in 2022, the median household income increased to $151,472, marking a significant change.
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Year by year
Mansfield, TX median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Mansfield decreased by $9,957 (8.02%), 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 2016 to 2017, when the median household income increased by 2,277 (from $110,341 to $112,618). Similarly the most substantial year-by-year decline occured from 2013 to 2014, when the median household income decreased by 7,330 (from $118,741 to $111,411).
- It then further increased to $196,347 for 7-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.3604, it is evident that income distribution in Mansfield, TX exihibits characterstics of moderate equality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $127,432. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $62,733.
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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)