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, O Brien County sees its highest median household income among householders in the age group of 45 to 64 years old, at $90,105. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in O Brien County, householders within the 45 to 64 years age group have the highest median household income at $90,105, followed by those in the 25 to 44 years age group with an income of $77,855. Meanwhile householders within the under 25 years age group report the second lowest median household income of $55,505. Notably, householders within the 65 years and over age group, had the lowest median household income at $43,954.
- Notably, household income for individuals within the 25 to 44 years age group demonstrated a remarkable increase of $10,184(15.05%), escalating from a median of $67,671 in 2011 to $77,855 in 2021.
- 322(5.68%) households where the householder is under 25 years old.
- 1,544(27.23%) households with a householder aged between 25 and 44 years.
- 1,991(35.11%) households with a householder aged between 45 and 64 years.
- 1,813(31.98%) households where the householder is over 65 years old.
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Gender
In O Brien County, the population consists of 7,106 males (50.26%) and 7,033 females (49.74%). Here are the primary highlights from the gender-based income distribution analysis:
- In O Brien County, the median income for all workers aged 15 years and older, regardless of work hours, was $48,161 for males and $23,659 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $60,102 for males and $40,794 for females.
- In O Brien County, the median income for all workers aged 15 years and older, regardless of work hours, was $48,161 for males and $23,659 for females.
- In O Brien County, among full-time, year-round workers aged 15 years and older, males earned a median income of $60,102, while females earned $40,794, leading to a 32% gender pay gap among full-time workers. This illustrates that women earn 68 cents for each dollar earned by men in full-time roles. This level of income gap emphasizes the urgency to address and rectify this ongoing disparity, where women, despite working full-time, face a more significant wage discrepancy compared to men in the same employment roles.
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Race
In O Brien County, the population is predominantly White, constituting 92.89% 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 $70,320.
- In O Brien County, White is both the largest group and the one with the highest median household income, which stands at $70,320.
- In O Brien County, the median household income for the households where the householder is White increased by $9,230(15.11%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $61,090 in 2011 and $70,320 in 2021.
- In O Brien County, there was no reported median household income for Black or African American households in 2011. However, in 2021, the median household income increased to $12,300(2022 inflation-adjusted dollars), marking a significant change.
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Year by year
O Brien County, IA median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for O Brien County increased by $7,939 (13.37%), 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 2013 to 2014, when the median household income increased by 4,306 (from $60,795 to $65,101). Similarly the most substantial year-by-year decline occured from 2017 to 2018, when the median household income decreased by 5,429 (from $67,442 to $62,013).
- It then further increased to $83,264 for 7-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.3965, it is evident that income distribution in O Brien County, IA exihibits characterstics of moderate equality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $91,485. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $35,621.
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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)