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, Moore Station sees its highest median household income among householders in the age group of 45 to 64 years old, at $52,694. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Moore Station, the median household income stands at $52,694 for householders within the 45 to 64 years age group, followed by $50,742 for the 25 to 44 years age group. Notably, householders within the 65 years and over age group, had the lowest median household income at $39,634.
- Notably, household income for individuals within the 65 years and over age group demonstrated the smallest decline of $8,401(17.49%), declining from a median of $48,035 in 2011 to $39,634 in 2021.
- 0 households where the householder is under 25 years old.
- 20(30.77%) households with a householder aged between 25 and 44 years.
- 17(26.15%) households with a householder aged between 45 and 64 years.
- 28(43.08%) households where the householder is over 65 years old.
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Gender
In Moore Station, the population consists of 91 males (63.19%) and 53 females (36.81%). Here are the primary highlights from the gender-based income distribution analysis:
- In Moore Station, the median income for all workers aged 15 years and older, regardless of work hours, was $18,820 for males and $23,720 for females.
- However, when specifically considering full-time, year-round workers within the same age group, while the Census reported a median income of $27,586 for males, while data for females was unavailable due to an insufficient number of sample observations.
- In Moore Station, the median income for all workers aged 15 years and older, regardless of work hours, was $18,820 for males and $23,720 for females.
- In Moore Station, for full-time, year-round workers aged 15 years and older, while the Census reported a median income of $27,586 for males, while data for females was unavailable due to an insufficient number of sample observations.
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Race
In Moore Station, the population is predominantly Black or African American, constituting 95.14% 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 $51,043.
- In Moore Station, Black or African American is both the largest group and the one with the highest median household income, which stands at $51,043.
- Even though there is a population where the householder is White, there was no median household income reported by the U.S. Census Bureau for both 2011 and 2021.
- In Moore Station, the median household income for the households where the householder is Black or African American decreased by $11,836(18.82%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $62,879 in 2011 and $51,043 in 2021.
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Year by year
Moore Station, TX median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Moore Station decreased by $14,698 (22.62%), 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 2020 to 2021, when the median household income increased by 9,217 (from $41,076 to $50,293). Similarly the most substantial year-by-year decline occured from 2013 to 2014, when the median household income decreased by 27,112 (from $51,651 to $24,539).
- Additionally, the Census Bureau did not report a median household income for larger household sizes.
- With a Gini coefficient of 0.3464, it is evident that income distribution in Moore Station, TX exihibits characterstics of moderate equality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $54,586. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $0.
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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)