Age of householder
Per the latest American Community Survey by the Census Bureau, New Cambria sees its highest median household income among householders in the age group of 25 to 44 years old, at $85,223. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in New Cambria, where there exist only two delineated age groups, the median household income is $85,223 for householders within the 25 to 44 years age group, compared to $60,126 for the 45 to 64 years age group.
- Notably, household income for individuals within the 45 to 64 years age group demonstrated a remarkable increase of $2,266(3.92%), escalating from a median of $57,860 in 2011 to $60,126 in 2021.
- 0 households where the householder is under 25 years old.
- 49(66.22%) households with a householder aged between 25 and 44 years.
- 21(28.38%) households with a householder aged between 45 and 64 years.
- 4(5.41%) households where the householder is over 65 years old.
Read more about New Cambria, KS median household income by age ➔
Race
In New Cambria, the population is predominantly White, constituting 97.46% 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 $84,750.
- In New Cambria, White is both the largest group and the one with the highest median household income, which stands at $84,750.
- In New Cambria, the median household income for the households where the householder is White increased by $26,563(45.65%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $58,187 in 2011 and $84,750 in 2021.
- As per the U.S. Census Bureau population data, in New Cambria, 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.
Read more about New Cambria, KS median household income by race ➔
Year by year
New Cambria, KS median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for New Cambria increased by $27,747 (48.65%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 8 years and declined for 3 years.
- The most significant year-by-year growth occured from 2019 to 2020, when the median household income increased by 23,349 (from $59,803 to $83,152). Similarly the most substantial year-by-year decline occured from 2015 to 2016, when the median household income decreased by 7,758 (from $68,912 to $61,154).
- It then further decreased to 61,252 for 2-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.1751, it is evident that income distribution in New Cambria, KS exihibits characterstics of high equality .
- NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $17,295.
Read more about New Cambria, KS median household income ➔