Gender
In Oak, the population consists of 8 males (80.00%) and 2 females (20.00%). Here are the primary highlights from the gender-based income distribution analysis:
- In Oak, while the Census reported a median income of $36,751 for all male workers aged 15 years and older, data for females in the same category was unavailable due to an insufficient number of sample observations.
- However, when specifically considering full-time, year-round workers within the same age group, the Census Bureau did not report the median income for both males and females due to an insufficient number of sample observations.
- In Oak, while the Census reported a median income of $36,751 for all male workers aged 15 years and older, data for females in the same category was unavailable due to an insufficient number of sample observations.
- In Oak, for full-time, year-round workers aged 15 years and older, the Census Bureau did not report the median income for both males and females due to an insufficient number of sample observations.
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Race
In Oak, the population is predominantly White, constituting 100% 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 $36,751.
- In Oak, White is both the largest group and the one with the highest median household income, which stands at $36,751.
- In Oak, the median household income for the households where the householder is White decreased by $14,898(28.84%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $51,649 in 2011 and $36,751 in 2021.
- As per the U.S. Census Bureau population data, in Oak, 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.
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Year by year
Oak, NE median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Oak decreased by $15,253 (29.33%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 3 years and declined for 8 years.
- The most significant year-by-year growth occured from 2017 to 2018, when the median household income increased by 7,053 (from $38,736 to $45,789). Similarly the most substantial year-by-year decline occured from 2012 to 2013, when the median household income decreased by 18,100 (from $50,431 to $32,331).
- Additionally, the Census Bureau did not report a median household income for larger household sizes.
- With a Gini coefficient of 0.2057, it is evident that income distribution in Oak, NE exihibits characterstics of moderate equality .
- NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $70,598.
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