Age of householder
Per the latest American Community Survey by the Census Bureau, Miramiguoa Park sees its highest median household income among householders in the age group of 45 to 64 years old, at $82,420. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Miramiguoa Park, where there exist only two delineated age groups, the median household income is $82,420 for householders within the 45 to 64 years age group, compared to $63,842 for the 25 to 44 years age group.
- Notably, household income for individuals within the 45 to 64 years age group demonstrated a remarkable increase of $43,193(110.11%), escalating from a median of $39,227 in 2011 to $82,420 in 2021.
- 1(1.56%) households where the householder is under 25 years old.
- 17(26.56%) households with a householder aged between 25 and 44 years.
- 36(56.25%) households with a householder aged between 45 and 64 years.
- 10(15.62%) households where the householder is over 65 years old.
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Gender
In Miramiguoa Park, the population consists of 94 males (57.32%) and 70 females (42.68%). Here are the primary highlights from the gender-based income distribution analysis:
- In Miramiguoa Park, the median income for all workers aged 15 years and older, regardless of work hours, was $27,976 for males and $30,026 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $63,353 for males and $31,527 for females.
- In Miramiguoa Park, the median income for all workers aged 15 years and older, regardless of work hours, was $27,976 for males and $30,026 for females.
- In Miramiguoa Park, among full-time, year-round workers aged 15 years and older, males earned a median income of $63,353, while females earned $31,527, leading to a 50% gender pay gap among full-time workers. This illustrates that women earn 50 cents for each dollar earned by men in full-time roles. This level of income gap emphasizes the urgency to address and rectify this ongoing disparity, where women, despite working full-time, face a more significant wage discrepancy compared to men in the same employment roles.
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Race
In Miramiguoa Park, the population is predominantly White, constituting 47.56% 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 $62,828.
- In Miramiguoa Park, despite the White population being the most populous, it is worth noting that Two or More Races households actually reports the highest median household income, with a median income of $82,644. This reveals that, while Whites may be the most numerous in Miramiguoa Park, Two or More Races households experience greater economic prosperity in terms of median household income.
- In Miramiguoa Park, the median household income for the households where the householder is White increased by $3,170(5.31%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $59,658 in 2011 and $62,828 in 2021.
- As per the U.S. Census Bureau population data, in Miramiguoa Park, there are no households where the householder is Black or African American; hence, the median household income for the Black or African American population is not applicable.
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Year by year
Miramiguoa Park, MO median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Miramiguoa Park increased by $32,795 (67.52%), 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 2019 to 2020, when the median household income increased by 32,530 (from $46,790 to $79,320). Similarly the most substantial year-by-year decline occured from 2012 to 2013, when the median household income decreased by 17,573 (from $64,360 to $46,787).
- It then further decreased to 82,119 for 3-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.2837, it is evident that income distribution in Miramiguoa Park, MO exihibits characterstics of moderate equality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $82,195. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $0.
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