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 Pecan Gap, the population consists of 111 males (51.39%) and 105 females (48.61%). Here are the primary highlights from the gender-based income distribution analysis:
- In Pecan Gap, the median income for all workers aged 15 years and older, regardless of work hours, was $24,659 for males and $18,722 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $54,946 for males and $270,229 for females.
- In Pecan Gap, the median income for all workers aged 15 years and older, regardless of work hours, was $24,659 for males and $18,722 for females.
- In Pecan Gap, among full-time, year-round workers aged 15 years and older, males earned a median income of $54,946, while females earned $270,229
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Race
In Pecan Gap, the population is predominantly White, constituting 93.52% 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 $67,557.
- In Pecan Gap, White is both the largest group and the one with the highest median household income, which stands at $67,557.
- In Pecan Gap, the median household income for the households where the householder is White increased by $11,168(19.81%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $56,389 in 2011 and $67,557 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
Pecan Gap, TX median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Pecan Gap decreased by $71 (0.10%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 6 years and declined for 5 years.
- The most significant year-by-year growth occured from 2019 to 2020, when the median household income increased by 21,804 (from $56,335 to $78,139). Similarly the most substantial year-by-year decline occured from 2012 to 2013, when the median household income decreased by 25,721 (from $64,360 to $38,639).
- It then further increased to $78,591 for 4-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.4034, it is evident that income distribution in Pecan Gap, TX exihibits characterstics of moderate inequality .
- NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $39,183.
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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)