Gender
In Mount Pleasant, the population consists of 43,549 males (48.99%) and 45,351 females (51.01%). Here are the primary highlights from the gender-based income distribution analysis:
- In Mount Pleasant, the median income for all workers aged 15 years and older, regardless of work hours, was $79,981 for males and $42,147 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $110,573 for males and $64,840 for females.
- In Mount Pleasant, the median income for all workers aged 15 years and older, regardless of work hours, was $79,981 for males and $42,147 for females.
- In Mount Pleasant, among full-time, year-round workers aged 15 years and older, males earned a median income of $110,573, while females earned $64,840, leading to a 41% gender pay gap among full-time workers. This illustrates that women earn 59 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 Mount Pleasant, the population is predominantly White, constituting 91.21% 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 $113,968.
- In Mount Pleasant, despite the White population being the most populous, it is worth noting that Asian households actually reports the highest median household income, with a median income of $211,371. This reveals that, while Whites may be the most numerous in Mount Pleasant, Asian households experience greater economic prosperity in terms of median household income.
- In Mount Pleasant, the median household income for the households where the householder is White increased by $21,940(23.84%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $92,028 in 2012 and $113,968 in 2022.
- In Mount Pleasant, the median household income for the households where the householder is Black or African American increased by $12,400(29.62%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $41,860 in 2012 and $54,260 in 2022.
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Year by year
Mount Pleasant, SC median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Mount Pleasant increased by $12,478 (12.19%), 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 2016 to 2017, when the median household income increased by 6,215 (from $102,114 to $108,329). Similarly the most substantial year-by-year decline occured from 2020 to 2021, when the median household income decreased by 3,911 (from $118,721 to $114,810).
- It then further decreased to -666,666,666 for 7-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.4802, it is evident that income distribution in Mount Pleasant, SC exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $148,465. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $65,304.
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