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, North High Shoals sees its highest median household income among householders in the age group of 25 to 44 years old, at $106,064. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, North High Shoals only reports a median household income of $106,064 among householders in the 25 to 44 years age group.
- Notably, household income for individuals within the 25 to 44 years age group demonstrated a remarkable increase of $7,179(7.26%), escalating from a median of $98,885 in 2011 to $106,064 in 2021.
- 0 households where the householder is under 25 years old.
- 51(25.89%) households with a householder aged between 25 and 44 years.
- 99(50.25%) households with a householder aged between 45 and 64 years.
- 47(23.86%) households where the householder is over 65 years old.
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Gender
In North High Shoals, the population consists of 336 males (53.76%) and 289 females (46.24%). Here are the primary highlights from the gender-based income distribution analysis:
- In North High Shoals, the median income for all workers aged 15 years and older, regardless of work hours, was $44,478 for males and $22,632 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $60,126 for males and $56,072 for females.
- In North High Shoals, the median income for all workers aged 15 years and older, regardless of work hours, was $44,478 for males and $22,632 for females.
- In North High Shoals, among full-time, year-round workers aged 15 years and older, males earned a median income of $60,126, while females earned $56,072, resulting in a 7% gender pay gap among full-time workers. This illustrates that women earn 93 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 town of North High Shoals.
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Race
In North High Shoals, the population is predominantly White, constituting 72.48% 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 $112,820.
- In North High Shoals, White is both the largest group and the one with the highest median household income, which stands at $112,820.
- In North High Shoals, the median household income for the households where the householder is White increased by $42(0.04%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $112,778 in 2011 and $112,820 in 2021.
- In North High Shoals, the median household income for Black or African American households was $82,950 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
North High Shoals, GA median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for North High Shoals decreased by $25,825 (25.38%), 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 2016 to 2017, when the median household income increased by 13,406 (from $96,063 to $109,469). Similarly the most substantial year-by-year decline occured from 2019 to 2020, when the median household income decreased by 39,373 (from $121,998 to $82,625).
- It then further increased to $137,141 for 3-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.438, it is evident that income distribution in North High Shoals, GA exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $88,500. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $0.
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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)