Gender
In Otter Creek, the population consists of 71 males (62.28%) and 43 females (37.72%). Here are the primary highlights from the gender-based income distribution analysis:
- In Otter Creek, the median income for all workers aged 15 years and older, regardless of work hours, was $35,987 for males and $21,722 for females.
- 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 Otter Creek, the median income for all workers aged 15 years and older, regardless of work hours, was $35,987 for males and $21,722 for females.
- In Otter Creek, 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 Otter Creek, the population is predominantly White, constituting 47.37% 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 $18,465.
- In Otter Creek, White is both the largest group and the one with the highest median household income, which stands at $18,465.
- In Otter Creek, the median household income for the households where the householder is White decreased by $11,422(38.22%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $29,887 in 2011 and $18,465 in 2021.
- Even though there is a population where the householder is Black or African American, there was no median household income reported by the U.S. Census Bureau for both 2011 and 2021.
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Year by year
Otter Creek, FL median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Otter Creek increased by $30,089 (99.57%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 5 years and declined for 6 years.
- The most significant year-by-year growth occured from 2019 to 2020, when the median household income increased by 31,105 (from $25,835 to $56,940). Similarly the most substantial year-by-year decline occured from 2017 to 2018, when the median household income decreased by 4,966 (from $30,539 to $25,573).
- NA
- With a Gini coefficient of 0.2242, it is evident that income distribution in Otter Creek, FL exihibits characterstics of moderate equality .
- NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $140,096.
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