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 Maricopa, the population consists of 27,771 males (48.66%) and 29,304 females (51.34%). Here are the primary highlights from the gender-based income distribution analysis:
- In Maricopa, the median income for all workers aged 15 years and older, regardless of work hours, was $53,266 for males and $33,557 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $64,741 for males and $51,327 for females.
- In Maricopa, the median income for all workers aged 15 years and older, regardless of work hours, was $53,266 for males and $33,557 for females.
- In Maricopa, among full-time, year-round workers aged 15 years and older, males earned a median income of $64,741, while females earned $51,327, leading to a 21% gender pay gap among full-time workers. This illustrates that women earn 79 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 Maricopa, the population is predominantly White, constituting 62.18% 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 $85,702.
- In Maricopa, despite the White population being the most populous, it is worth noting that Asian households actually reports the highest median household income, with a median income of $107,197. This reveals that, while Whites may be the most numerous in Maricopa, Asian households experience greater economic prosperity in terms of median household income.
- In Maricopa, there was no reported median household income for White households in 2012. However, in 2022, the median household income increased to $85,702, marking a significant change.
- In Maricopa, there was no reported median household income for Black or African American households in 2012. However, in 2022, the median household income increased to $105,774, marking a significant change.
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Year by year
Maricopa, AZ median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Maricopa increased by $285 (0.32%), 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 2018 to 2019, when the median household income increased by 4,225 (from $81,334 to $85,559). Similarly the most substantial year-by-year decline occured from 2010 to 2011, when the median household income decreased by 3,050 (from $88,769 to $85,719).
- It then further increased to $123,415 for 7-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.3274, it is evident that income distribution in Maricopa, AZ exihibits characterstics of moderate equality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $94,082. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $73,387.
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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)