Age of householder
Per the latest American Community Survey by the Census Bureau, Mountain View sees its highest median household income among householders in the age group of 65 years and over old, at $82,737. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Mountain View, where there exist only two delineated age groups, the median household income is $82,737 for householders within the 65 years and over age group, compared to $47,394 for the 45 to 64 years age group.
- Notably, household income for individuals within the 65 years and over age group demonstrated a remarkable increase of $39,152(89.83%), escalating from a median of $43,585 in 2011 to $82,737 in 2021.
- 21(5.07%) households where the householder is under 25 years old.
- 108(26.09%) households with a householder aged between 25 and 44 years.
- 160(38.65%) households with a householder aged between 45 and 64 years.
- 125(30.19%) households where the householder is over 65 years old.
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Gender
In Mountain View, the population consists of 496 males (50.30%) and 490 females (49.70%). Here are the primary highlights from the gender-based income distribution analysis:
- In Mountain View, the median income for all workers aged 15 years and older, regardless of work hours, was $67,287 for males and $19,508 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $82,555 for males and $27,897 for females.
- In Mountain View, the median income for all workers aged 15 years and older, regardless of work hours, was $67,287 for males and $19,508 for females.
- In Mountain View, among full-time, year-round workers aged 15 years and older, males earned a median income of $82,555, while females earned $27,897, leading to a 66% gender pay gap among full-time workers. This illustrates that women earn 34 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 Mountain View, the population is predominantly White, constituting 91.89% 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 $64,630.
- In Mountain View, White is both the largest group and the one with the highest median household income, which stands at $64,630.
- In Mountain View, the median household income for the households where the householder is White decreased by $28,099(30.30%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $92,729 in 2011 and $64,630 in 2021.
- As per the U.S. Census Bureau population data, in Mountain View, 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
Mountain View, WY median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Mountain View decreased by $28,568 (30.88%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 3 years and declined for 8 years.
- The most significant year-by-year growth occured from 2018 to 2019, when the median household income increased by 1,248 (from $69,559 to $70,807). Similarly the most substantial year-by-year decline occured from 2015 to 2016, when the median household income decreased by 10,484 (from $79,559 to $69,075).
- It then further increased to $157,520 for 3-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.4038, it is evident that income distribution in Mountain View, WY exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $88,454. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $33,362.
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