Pecan Gap, TX Income

The inflation-adjusted median household income in Pecan Gap was $71,610, based on U.S. Census Bureau ACS estimates.
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Updated Dec 15, 2023
Overview
$71,610
Median household income
0.4034
Gini coefficient
** (N/A)
Highest median income age group
$NA
Income of top 5%

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
Line chart showing the annual median income trends in Pecan Gap, TX for males and females across four employment categories: (1) Males in full-time year-round positions, (2) Males in non-full-time roles (part-time and other employment types), (3) Females in full-time year-round positions, and (4) Females in non-full-time roles (part-time and other employment types).
Pecan Gap, TX gender based income disparity: Gain insights into gender-based pay disparity trends and explore the variations in income for male and female individuals, in 2022 inflation adjusted dollars. Source: U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates

Read more about Pecan Gap, TX income by gender ➔

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.
The bar chart shows Pecan Gap, TX median household income across all racial categories identified by the U.S. Census Bureau.
Pecan Gap, TX median household income diversity across racial categories: Gain insights into economic disparities and trends and explore the variations in median houshold income for diverse racial categories. Source: U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates

Read more about Pecan Gap, TX median household income by race ➔

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.
The line chart shows Pecan Gap, TX median household income from 2010 to 2021. The orange line represents Census Bureau data for median household income (without adjusting for any inflation), while the blue line shows inflation-adjusted median household income for 2022.
Pecan Gap, TX median household income trends: 2010 to 2021. The chart illustrates income fluctuations over the years, highlighting the impact of inflation on economic trends. Source: U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates

Read more about Pecan Gap, TX median household income ➔

References

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Pecan Gap, TX Demographics

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Median household income of places that contain Pecan Gap (in 2022 dollars)
Median household income of nearby cities (in 2022 dollars)
Median household income of nearby cities (in 2022 dollars)

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Neilsberg Research team are data scientists with expertise in processing, analysis and visualization of big data helping small businesses make right decisions.

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