Age of householder
Per the latest American Community Survey by the Census Bureau, Newton sees its highest median household income among householders in the age group of 25 to 44 years old, at $36,751. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Newton, where there exist only two delineated age groups, the median household income is $36,751 for householders within the 25 to 44 years age group, compared to $17,114 for the 45 to 64 years age group.
- Notably, household income for individuals within the 25 to 44 years age group demonstrated a remarkable increase of $17,137(87.37%), escalating from a median of $19,614 in 2011 to $36,751 in 2021.
- 0 households where the householder is under 25 years old.
- 50(21.01%) households with a householder aged between 25 and 44 years.
- 64(26.89%) households with a householder aged between 45 and 64 years.
- 124(52.10%) households where the householder is over 65 years old.
Read more about Newton, GA median household income by age ➔
Gender
In Newton, the population consists of 227 males (43.82%) and 291 females (56.18%). Here are the primary highlights from the gender-based income distribution analysis:
- In Newton, the median income for all workers aged 15 years and older, regardless of work hours, was $18,663 for males and $18,628 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $33,598 for males and $30,304 for females.
- In Newton, for all workers aged 15 years and older, irrespective of full-time or part-time work, the median income was $18,628 for both males and females.
- In Newton, among full-time, year-round workers aged 15 years and older, males earned a median income of $33,598, while females earned $30,304, resulting in a 10% gender pay gap among full-time workers. This illustrates that women earn 90 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 city of Newton.
Read more about Newton, GA income by gender ➔
Race
In Newton, the population is predominantly White, constituting 52.70% 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 not available from the U.S. Census Bureau, possibly due to insufficient sample size, confidentiality or privacy constraints..
- In Newton, despite the White population being the most populous, there is no income data available in the latest American Community Survey for it. Based on analysis from all of the data that is available, it is worth noting that Black or African American households actually reports the highest median household income, with a median income of $17,114. This reveals that, while Whites may be the most numerous in Newton, Black or African American households experience greater economic prosperity in terms of median household income.
- In Newton, the median household income for White households was $54,028 in 2011(2022 inflation-adjusted dollars). However there is no reported data for 2021, indicating a lack of information for this specific year.
- In Newton, the median household income for the households where the householder is Black or African American decreased by $2,211(11.44%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $19,325 in 2011 and $17,114 in 2021.
Read more about Newton, GA median household income by race ➔
Year by year
Newton, GA median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Newton decreased by $7,099 (19.40%), 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 2019 to 2020, when the median household income increased by 8,116 (from $26,096 to $34,212). Similarly the most substantial year-by-year decline occured from 2012 to 2013, when the median household income decreased by 7,211 (from $34,022 to $26,811).
- It then further increased to $51,447 for 4-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.5312, it is evident that income distribution in Newton, GA exihibits characterstics of moderate inequality .
- NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $25,221.
Read more about Newton, GA median household income ➔