Age of householder
Per the latest American Community Survey by the Census Bureau, Mountain Village sees its highest median household income among householders in the age group of 45 to 64 years old, at $42,561. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Mountain Village, the median household income stands at $42,561 for householders within the 45 to 64 years age group, followed by $37,531 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 $33,868.
- Notably, household income for individuals within the 65 years and over age group demonstrated the smallest decline of $19,524(36.57%), declining from a median of $53,392 in 2011 to $33,868 in 2021.
- 0 households where the householder is under 25 years old.
- 58(29.74%) households with a householder aged between 25 and 44 years.
- 107(54.87%) households with a householder aged between 45 and 64 years.
- 30(15.38%) households where the householder is over 65 years old.
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Gender
In Mountain Village, the population consists of 460 males (54.44%) and 385 females (45.56%). Here are the primary highlights from the gender-based income distribution analysis:
- In Mountain Village, while the Census reported a median income of $9,703 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 $98,544 for males and $41,548 for females.
- In Mountain Village, while the Census reported a median income of $9,703 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 Mountain Village, among full-time, year-round workers aged 15 years and older, males earned a median income of $98,544, while females earned $41,548, leading to a 58% gender pay gap among full-time workers. This illustrates that women earn 42 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 Village, the population is predominantly American Indian and Alaska Native, constituting 96.69% of the total residents. Here are the key highlights from the analysis of income distribution by race:
- The median household income for American Indian and Alaska Native households is $37,131.
- In Mountain Village, American Indian and Alaska Native is both the largest group and the one with the highest median household income, which stands at $37,131.
- In Mountain Village, the median household income for White households was $139,475 in 2011(2022 inflation-adjusted dollars). However there is no reported data for 2021, indicating a lack of information for this specific year.
- As per the U.S. Census Bureau population data, in Mountain Village, 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 Village, AK median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Mountain Village decreased by $26,850 (41.80%), 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 2011 to 2012, when the median household income increased by 3,569 (from $61,456 to $65,025). Similarly the most substantial year-by-year decline occured from 2014 to 2015, when the median household income decreased by 6,113 (from $54,683 to $48,570).
- It then further increased to $36,932 for 7-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.4034, it is evident that income distribution in Mountain Village, AK exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $42,786. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $32,844.
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