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
Gender
In Pasco, the population consists of 38,467 males (50.35%) and 37,931 females (49.65%). Here are the primary highlights from the gender-based income distribution analysis:
- In Pasco, the median income for all workers aged 15 years and older, regardless of work hours, was $45,813 for males and $29,400 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $65,208 for males and $45,220 for females.
- In Pasco, the median income for all workers aged 15 years and older, regardless of work hours, was $45,813 for males and $29,400 for females.
- In Pasco, among full-time, year-round workers aged 15 years and older, males earned a median income of $65,208, while females earned $45,220, leading to a 31% gender pay gap among full-time workers. This illustrates that women earn 69 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 Pasco, the population is predominantly White, constituting 60.32% 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 $81,057.
- In Pasco, White is both the largest group and the one with the highest median household income, which stands at $81,057.
- In Pasco, the median household income for the households where the householder is White increased by $1,699(2.14%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $79,358 in 2012 and $81,057 in 2022.
- 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 2012 and 2022.
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Year by year
Pasco, WA median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Pasco increased by $15,931 (26.44%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 10 years and declined for 1 years.
- The most significant year-by-year growth occured from 2012 to 2013, when the median household income increased by 4,549 (from $63,041 to $67,590). Similarly the most substantial year-by-year decline occured from 2018 to 2019, when the median household income decreased by 8 (from $72,087 to $72,079).
- It then further increased to $70,339 for 7-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.399, it is evident that income distribution in Pasco, WA exihibits characterstics of moderate equality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $76,651. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $64,370.
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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)