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, Nanty-Glo sees its highest median household income among householders in the age group of 25 to 44 years old, at $74,119. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Nanty-Glo, the median household income stands at $74,119 for householders within the 25 to 44 years age group, followed by $54,169 for the 45 to 64 years age group. Notably, householders within the 65 years and over age group, had the lowest median household income at $21,843.
- Notably, household income for individuals within the 25 to 44 years age group demonstrated the smallest decline of $8,071(9.82%), declining from a median of $82,190 in 2011 to $74,119 in 2021.
- 89(7.63%) households where the householder is under 25 years old.
- 218(18.68%) households with a householder aged between 25 and 44 years.
- 391(33.50%) households with a householder aged between 45 and 64 years.
- 469(40.19%) households where the householder is over 65 years old.
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Gender
In Nanty-Glo, the population consists of 1,251 males (48.75%) and 1,315 females (51.25%). Here are the primary highlights from the gender-based income distribution analysis:
- In Nanty-Glo, the median income for all workers aged 15 years and older, regardless of work hours, was $38,492 for males and $16,420 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $47,121 for males and $44,588 for females.
- In Nanty-Glo, the median income for all workers aged 15 years and older, regardless of work hours, was $38,492 for males and $16,420 for females.
- In Nanty-Glo, among full-time, year-round workers aged 15 years and older, males earned a median income of $47,121, while females earned $44,588, resulting in a 5% gender pay gap among full-time workers. This illustrates that women earn 95 cents for each dollar earned by men in full-time positions. While this gap shows a trend where women are inching closer to wage parity with men, it also exhibits a noticeable income difference for women working full-time in the borough of Nanty-Glo.
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Race
In Nanty-Glo, the population is predominantly White, constituting 96.96% 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 $40,797.
- In Nanty-Glo, White is both the largest group and the one with the highest median household income, which stands at $40,797.
- In Nanty-Glo, the median household income for the households where the householder is White decreased by $14,700(26.49%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $55,497 in 2011 and $40,797 in 2021.
- Even though there is a population where the householder is Black or African American, there was no median household income reported by the U.S. Census Bureau for both 2011 and 2021.
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Year by year
Nanty-Glo, PA median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Nanty-Glo decreased by $10,063 (19.96%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 5 years and declined for 6 years.
- The most significant year-by-year growth occured from 2010 to 2011, when the median household income increased by 5,093 (from $50,404 to $55,497). Similarly the most substantial year-by-year decline occured from 2019 to 2020, when the median household income decreased by 8,485 (from $49,420 to $40,935).
- It then further increased to $102,687 for 5-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.4558, it is evident that income distribution in Nanty-Glo, PA exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $58,775. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $17,303.
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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)