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
Gender
In Noblesville, the population consists of 34,597 males (50.22%) and 34,288 females (49.78%). Here are the primary highlights from the gender-based income distribution analysis:
- In Noblesville, the median income for all workers aged 15 years and older, regardless of work hours, was $59,839 for males and $36,342 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $72,274 for males and $53,408 for females.
- In Noblesville, the median income for all workers aged 15 years and older, regardless of work hours, was $59,839 for males and $36,342 for females.
- In Noblesville, among full-time, year-round workers aged 15 years and older, males earned a median income of $72,274, while females earned $53,408, leading to a 26% gender pay gap among full-time workers. This illustrates that women earn 74 cents for each dollar earned by men in full-time roles. This analysis indicates a widening gender pay gap, showing a substantial income disparity where women, despite working full-time, face a more significant wage discrepancy compared to men in the same roles.
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Race
In Noblesville, the population is predominantly White, constituting 87.48% 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 $106,074.
- In Noblesville, despite the White population being the most populous, it is worth noting that Black or African American households actually reports the highest median household income, with a median income of $129,180. This reveals that, while Whites may be the most numerous in Noblesville, Black or African American households experience greater economic prosperity in terms of median household income.
- In Noblesville, there was no reported median household income for White households in 2012. However, in 2022, the median household income increased to $106,074, marking a significant change.
- In Noblesville, there was no reported median household income for Black or African American households in 2012. However, in 2022, the median household income increased to $129,180, marking a significant change.
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Year by year
Noblesville, IN median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Noblesville increased by $6,165 (6.83%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 7 years and declined for 4 years.
- The most significant year-by-year growth occured from 2018 to 2019, when the median household income increased by 3,548 (from $90,856 to $94,404). Similarly the most substantial year-by-year decline occured from 2011 to 2012, when the median household income decreased by 4,856 (from $92,163 to $87,307).
- It then further decreased to -666,666,666 for 7-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.4073, it is evident that income distribution in Noblesville, IN exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $117,873. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $70,828.
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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)