Age of householder
Per the latest American Community Survey by the Census Bureau, Mardela Springs sees its highest median household income among householders in the age group of 45 to 64 years old, at $97,282. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Mardela Springs, the median household income stands at $97,282 for householders within the 45 to 64 years age group, followed by $74,763 for the 65 years and over age group. Notably, householders within the 25 to 44 years age group, had the lowest median household income at $56,134.
- Notably, household income for individuals within the 65 years and over age group demonstrated a remarkable increase of $39,844(114.10%), escalating from a median of $34,919 in 2011 to $74,763 in 2021.
- 0 households where the householder is under 25 years old.
- 55(34.16%) households with a householder aged between 25 and 44 years.
- 76(47.20%) households with a householder aged between 45 and 64 years.
- 30(18.63%) households where the householder is over 65 years old.
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Gender
In Mardela Springs, the population consists of 185 males (38.54%) and 295 females (61.46%). Here are the primary highlights from the gender-based income distribution analysis:
- In Mardela Springs, the median income for all workers aged 15 years and older, regardless of work hours, was $43,912 for males and $41,345 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $55,708 for males and $58,099 for females.
- In Mardela Springs, the median income for all workers aged 15 years and older, regardless of work hours, was $43,912 for males and $41,345 for females.
- In Mardela Springs, among full-time, year-round workers aged 15 years and older, males earned a median income of $55,708, while females earned $58,099
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Race
In Mardela Springs, the population is predominantly White, constituting 71.25% 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 $101,111.
- In Mardela Springs, White is both the largest group and the one with the highest median household income, which stands at $101,111.
- In Mardela Springs, the median household income for the households where the householder is White increased by $37,218(58.25%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $63,893 in 2011 and $101,111 in 2021.
- In Mardela Springs, the median household income for the households where the householder is Black or African American increased by $19,560(26.67%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $73,347 in 2011 and $92,907 in 2021.
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Year by year
Mardela Springs, MD median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Mardela Springs increased by $26,214 (39.39%), 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 2016 to 2017, when the median household income increased by 18,136 (from $66,695 to $84,831). Similarly the most substantial year-by-year decline occured from 2011 to 2012, when the median household income decreased by 6,497 (from $64,933 to $58,436).
- It then further decreased to 55,520 for 5-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.2592, it is evident that income distribution in Mardela Springs, MD exihibits characterstics of moderate equality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $86,811. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $92,778.
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