Age of householder
Per the latest American Community Survey by the Census Bureau, Orlando sees its highest median household income among householders in the age group of 65 years and over old, at $44,588. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Orlando, where there exist only two delineated age groups, the median household income is $44,588 for householders within the 65 years and over age group, compared to $44,137 for the 45 to 64 years age group.
- Notably, household income for individuals within the 65 years and over age group demonstrated a remarkable increase of $17,347(63.68%), escalating from a median of $27,241 in 2011 to $44,588 in 2021.
- 5(21.74%) households where the householder is under 25 years old.
- 3(13.04%) households with a householder aged between 25 and 44 years.
- 8(34.78%) households with a householder aged between 45 and 64 years.
- 7(30.43%) households where the householder is over 65 years old.
Read more about Orlando, OK median household income by age ➔
Gender
In Orlando, the population consists of 29 males (47.54%) and 32 females (52.46%). Here are the primary highlights from the gender-based income distribution analysis:
- In Orlando, the median income for all workers aged 15 years and older, regardless of work hours, was $38,913 for males and $35,130 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $39,453 for males and $36,030 for females.
- In Orlando, the median income for all workers aged 15 years and older, regardless of work hours, was $38,913 for males and $35,130 for females.
- In Orlando, among full-time, year-round workers aged 15 years and older, males earned a median income of $39,453, while females earned $36,030, resulting in a 9% gender pay gap among full-time workers. This illustrates that women earn 91 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 Orlando.
Read more about Orlando, OK income by gender ➔
Race
In Orlando, the population is predominantly White, constituting 90.16% 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 $42,561.
- In Orlando, White is both the largest group and the one with the highest median household income, which stands at $42,561.
- In Orlando, the median household income for the households where the householder is White increased by $3,007(7.60%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $39,554 in 2011 and $42,561 in 2021.
- As per the U.S. Census Bureau population data, in Orlando, 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.
Read more about Orlando, OK median household income by race ➔
Year by year
Orlando, OK median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Orlando increased by $7,200 (20.17%), 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 15,085 (from $41,794 to $56,879). Similarly the most substantial year-by-year decline occured from 2014 to 2015, when the median household income decreased by 18,164 (from $56,879 to $38,715).
- Additionally, the Census Bureau did not report a median household income for larger household sizes.
- With a Gini coefficient of 0.1808, it is evident that income distribution in Orlando, OK exihibits characterstics of high equality .
- NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $54,133.
Read more about Orlando, OK median household income ➔