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
Age of householder
Per the latest American Community Survey by the Census Bureau, Marion County sees its highest median household income among householders in the age group of 25 to 44 years old, at $43,546. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Marion County, the median household income stands at $43,546 for householders within the 25 to 44 years age group, followed by $41,221 for the 45 to 64 years age group. Notably, householders within the 65 years and over age group, had the lowest median household income at $28,361.
- Notably, household income for individuals within the 25 to 44 years age group demonstrated the smallest decline of $3,502(7.44%), declining from a median of $47,048 in 2011 to $43,546 in 2021.
- 172(1.59%) households where the householder is under 25 years old.
- 2,420(22.32%) households with a householder aged between 25 and 44 years.
- 4,602(42.44%) households with a householder aged between 45 and 64 years.
- 3,650(33.66%) households where the householder is over 65 years old.
Read more about Marion County, SC median household income by age ➔
Gender
In Marion County, the population consists of 13,518 males (45.69%) and 16,067 females (54.31%). Here are the primary highlights from the gender-based income distribution analysis:
- In Marion County, the median income for all workers aged 15 years and older, regardless of work hours, was $27,616 for males and $20,147 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $45,814 for males and $36,832 for females.
- In Marion County, the median income for all workers aged 15 years and older, regardless of work hours, was $27,616 for males and $20,147 for females.
- In Marion County, among full-time, year-round workers aged 15 years and older, males earned a median income of $45,814, while females earned $36,832, leading to a 20% gender pay gap among full-time workers. This illustrates that women earn 80 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.
Read more about Marion County, SC income by gender ➔
Race
In Marion County, the population is predominantly Black or African American, constituting 56.89% of the total residents. Here are the key highlights from the analysis of income distribution by race:
- The median household income for Black or African American households is $31,279.
- In Marion County, despite the Black or African American population being the most populous, it is worth noting that Some Other Race households actually reports the highest median household income, with a median income of $47,074. This reveals that, while Black or African Americans may be the most numerous in Marion County, Some Other Race households experience greater economic prosperity in terms of median household income.
- In Marion County, the median household income for the households where the householder is White decreased by $14,056(23.23%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $60,508 in 2011 and $46,452 in 2021.
- In Marion County, the median household income for the households where the householder is Black or African American increased by $892(2.94%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $30,387 in 2011 and $31,279 in 2021.
Read more about Marion County, SC median household income by race ➔
Year by year
Marion County, SC median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Marion County decreased by $4,073 (9.86%), 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 2020 to 2021, when the median household income increased by 2,363 (from $34,891 to $37,254). Similarly the most substantial year-by-year decline occured from 2011 to 2012, when the median household income decreased by 2,387 (from $41,531 to $39,144).
- It then further increased to $80,494 for 5-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.4886, it is evident that income distribution in Marion County, SC exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $48,372. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $20,484.
Read more about Marion County, SC median household income ➔
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)