Age of householder
Per the latest American Community Survey by the Census Bureau, Nash sees its highest median household income among householders in the age group of under 25 years old, at $113,842. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Nash, the median household income stands at $113,842 for householders within the under 25 years age group, followed by $40,476 for the 65 years and over age group. Notably, householders within the 25 to 44 years age group, had the lowest median household income at $36,751.
- Notably, household income for individuals within the Under 25 years age group demonstrated a remarkable increase of $61,645(118.10%), escalating from a median of $52,197 in 2011 to $113,842 in 2021.
- 150(11.09%) households where the householder is under 25 years old.
- 766(56.61%) households with a householder aged between 25 and 44 years.
- 264(19.51%) households with a householder aged between 45 and 64 years.
- 173(12.79%) households where the householder is over 65 years old.
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Gender
In Nash, the population consists of 1,970 males (53.04%) and 1,744 females (46.96%). Here are the primary highlights from the gender-based income distribution analysis:
- In Nash, the median income for all workers aged 15 years and older, regardless of work hours, was $42,047 for males and $32,566 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $42,985 for males and $44,812 for females.
- In Nash, the median income for all workers aged 15 years and older, regardless of work hours, was $42,047 for males and $32,566 for females.
- In Nash, among full-time, year-round workers aged 15 years and older, males earned a median income of $42,985, while females earned $44,812
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Race
In Nash, the population is predominantly White, constituting 49.84% 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 $56,523.
- In Nash, White is both the largest group and the one with the highest median household income, which stands at $56,523.
- In Nash, the median household income for the households where the householder is White increased by $5,241(10.22%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $51,282 in 2011 and $56,523 in 2021.
- In Nash, the median household income for Black or African American households was $43,912 in 2011(2022 inflation-adjusted dollars). However there is no reported data for 2021, indicating a lack of information for this specific year.
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Year by year
Nash, TX median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Nash decreased by $8,943 (16.23%), 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 2020 to 2021, when the median household income increased by 3,376 (from $42,776 to $46,152). Similarly the most substantial year-by-year decline occured from 2018 to 2019, when the median household income decreased by 5,042 (from $46,816 to $41,774).
- It then further increased to $122,905 for 3-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.5039, it is evident that income distribution in Nash, TX exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $62,321. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $32,941.
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