Overview
$48,027
Median household income
0.2336
Gini coefficient
** (N/A)
Highest median income age group
$NA
Income of top 5%
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 Miller'S Cove, the population consists of 61 males (51.69%) and 57 females (48.31%). Here are the primary highlights from the gender-based income distribution analysis:
- In Miller'S Cove, the median income for all workers aged 15 years and older, regardless of work hours, was $30,240 for males and $25,672 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $31,784 for males and $27,750 for females.
- In Miller'S Cove, the median income for all workers aged 15 years and older, regardless of work hours, was $30,240 for males and $25,672 for females.
- In Miller'S Cove, among full-time, year-round workers aged 15 years and older, males earned a median income of $31,784, while females earned $27,750, resulting in a 13% gender pay gap among full-time workers. This illustrates that women earn 87 cents for each dollar earned by men in full-time positions. While this gap shows a trend where women are inching closer to wage parity with men, it also exhibits a noticeable income difference for women working full-time in the town of Miller'S Cove.
Read more about Miller'S Cove, TX income by gender ➔
Year by year
Miller'S Cove, TX median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Miller'S Cove decreased by $7,872 (14.08%), 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 2019 to 2020, when the median household income increased by 15,432 (from $30,924 to $46,356). Similarly the most substantial year-by-year decline occured from 2011 to 2012, when the median household income decreased by 27,968 (from $59,495 to $31,527).
- NA
- With a Gini coefficient of 0.2336, it is evident that income distribution in Miller'S Cove, TX exihibits characterstics of moderate equality .
- NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $54,149.
Read more about Miller'S Cove, TX 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)