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, Mcnary sees its highest median household income among householders in the age group of 45 to 64 years old, at $39,859. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Mcnary, where there exist only two delineated age groups, the median household income is $39,859 for householders within the 45 to 64 years age group, compared to $10,809 for the 65 years and over age group.
- Notably, household income for individuals within the 65 years and over age group demonstrated the smallest decline of $7,987(42.49%), declining from a median of $18,796 in 2011 to $10,809 in 2021.
- 0 households where the householder is under 25 years old.
- 25(41.67%) households with a householder aged between 25 and 44 years.
- 19(31.67%) households with a householder aged between 45 and 64 years.
- 16(26.67%) households where the householder is over 65 years old.
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Gender
In Mcnary, the population consists of 87 males (51.79%) and 81 females (48.21%). Here are the primary highlights from the gender-based income distribution analysis:
- In Mcnary, the median income for all workers aged 15 years and older, regardless of work hours, was $25,672 for males and $33,259 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $43,687 for males and $60,261 for females.
- In Mcnary, the median income for all workers aged 15 years and older, regardless of work hours, was $25,672 for males and $33,259 for females.
- In Mcnary, among full-time, year-round workers aged 15 years and older, males earned a median income of $43,687, while females earned $60,261
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Race
In Mcnary, the population is predominantly White, constituting 89.29% 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 $78,591.
- In Mcnary, White is both the largest group and the one with the highest median household income, which stands at $78,591.
- In Mcnary, the median household income for the households where the householder is White increased by $30,701(64.11%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $47,890 in 2011 and $78,591 in 2021.
- Even though there is a population where the householder is Black or African American, there was no median household income reported by the U.S. Census Bureau for both 2011 and 2021.
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Year by year
Mcnary, LA median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Mcnary increased by $25,172 (70.12%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 7 years and declined for 4 years.
- The most significant year-by-year growth occured from 2014 to 2015, when the median household income increased by 13,044 (from $39,092 to $52,136). Similarly the most substantial year-by-year decline occured from 2019 to 2020, when the median household income decreased by 8,635 (from $64,348 to $55,713).
- Additionally, the Census Bureau did not report a median household income for larger household sizes.
- With a Gini coefficient of 0.4222, it is evident that income distribution in Mcnary, LA exihibits characterstics of moderate inequality .
- NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $24,503.
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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)