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 Miramar, the population consists of 66,141 males (49.25%) and 68,165 females (50.75%). Here are the primary highlights from the gender-based income distribution analysis:
- In Miramar, the median income for all workers aged 15 years and older, regardless of work hours, was $42,025 for males and $35,952 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $49,047 for males and $48,539 for females.
- In Miramar, the median income for all workers aged 15 years and older, regardless of work hours, was $42,025 for males and $35,952 for females.
- In Miramar, among full-time, year-round workers aged 15 years and older, males earned a median income of $49,047, while females earned $48,539, resulting in a 1% gender pay gap among full-time workers. This illustrates that women earn 99 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 city of Miramar.
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Race
In Miramar, the population is predominantly Black or African American, constituting 46.86% 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 $74,917.
- In Miramar, despite the Black or African American population being the most populous, it is worth noting that White households actually reports the highest median household income, with a median income of $91,156. This reveals that, while Black or African Americans may be the most numerous in Miramar, White households experience greater economic prosperity in terms of median household income.
- In Miramar, the median household income for the households where the householder is White increased by $1,222(1.36%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $89,934 in 2012 and $91,156 in 2022.
- In Miramar, the median household income for the households where the householder is Black or African American increased by $1,862(2.55%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $73,055 in 2012 and $74,917 in 2022.
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Year by year
Miramar, FL median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Miramar decreased by $6,321 (7.22%), 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 2017 to 2018, when the median household income increased by 2,127 (from $79,713 to $81,840). Similarly the most substantial year-by-year decline occured from 2010 to 2011, when the median household income decreased by 2,918 (from $87,606 to $84,688).
- It then further increased to $168,111 for 7-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.4129, it is evident that income distribution in Miramar, FL exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $92,014. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $56,635.
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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)