Age of householder
Per the latest American Community Survey by the Census Bureau, Moran sees its highest median household income among householders in the age group of 45 to 64 years old, at $73,300. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Moran, where there exist only two delineated age groups, the median household income is $73,300 for householders within the 45 to 64 years age group, compared to $15,056 for the 65 years and over age group.
- Notably, household income for individuals within the 45 to 64 years age group demonstrated a remarkable increase of $16,707(29.52%), escalating from a median of $56,593 in 2011 to $73,300 in 2021.
- 0 households where the householder is under 25 years old.
- 9(11.84%) households with a householder aged between 25 and 44 years.
- 45(59.21%) households with a householder aged between 45 and 64 years.
- 22(28.95%) households where the householder is over 65 years old.
Read more about Moran, TX median household income by age ➔
Gender
In Moran, the population consists of 70 males (42.68%) and 94 females (57.32%). Here are the primary highlights from the gender-based income distribution analysis:
- In Moran, while the Census reported a median income of $27,307 for all female workers aged 15 years and older, data for males in the same category was unavailable due to an insufficient number of sample observations.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $57,846 for males and $28,723 for females.
- In Moran, while the Census reported a median income of $27,307 for all female workers aged 15 years and older, data for males in the same category was unavailable due to an insufficient number of sample observations.
- In Moran, among full-time, year-round workers aged 15 years and older, males earned a median income of $57,846, while females earned $28,723, 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.
Read more about Moran, TX income by gender ➔
Year by year
Moran, TX median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Moran decreased by $14,620 (30.49%), 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 2016 to 2017, when the median household income increased by 12,829 (from $59,455 to $72,284). Similarly the most substantial year-by-year decline occured from 2017 to 2018, when the median household income decreased by 50,559 (from $72,284 to $21,725).
- It then further increased to $73,300 for 4-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.3889, it is evident that income distribution in Moran, TX exihibits characterstics of moderate equality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $0. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $15,056.
Read more about Moran, TX median household income ➔