Age of householder
Per the latest American Community Survey by the Census Bureau, Penermon sees its highest median household income among householders in the age group of 65 years and over old, at $17,951. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, Penermon only reports a median household income of $17,951 among householders in the 65 years and over age group.
- Notably, household income for individuals within the 65 years and over age group demonstrated a remarkable increase of $2,890(19.19%), escalating from a median of $15,061 in 2011 to $17,951 in 2021.
- 0 households where the householder is under 25 years old.
- 6(23.08%) households with a householder aged between 25 and 44 years.
- 9(34.62%) households with a householder aged between 45 and 64 years.
- 11(42.31%) households where the householder is over 65 years old.
Read more about Penermon, MO median household income by age ➔
Gender
In Penermon, the population consists of 47 males (43.52%) and 61 females (56.48%). Here are the primary highlights from the gender-based income distribution analysis:
- In Penermon, the median income for all workers aged 15 years and older, regardless of work hours, was $17,565 for males and $16,600 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 Penermon, the median income for all workers aged 15 years and older, regardless of work hours, was $17,565 for males and $16,600 for females.
- In Penermon, 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.
Read more about Penermon, MO income by gender ➔
Race
In Penermon, the population is predominantly Black or African American, constituting 100% of the total residents. Here are the key highlights from the analysis of income distribution by race:
- The median household income for Black or African American households is $17,371.
- In Penermon, Black or African American is both the largest group and the one with the highest median household income, which stands at $17,371.
- As per the U.S. Census Bureau population data, in Penermon, there are no households where the householder is White; thus, the median household income for the White population is not applicable.
- In Penermon, the median household income for the households where the householder is Black or African American decreased by $6,165(26.19%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $23,536 in 2011 and $17,371 in 2021.
Read more about Penermon, MO median household income by race ➔
Year by year
Penermon, MO median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Penermon decreased by $5,722 (24.78%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 4 years and declined for 7 years.
- The most significant year-by-year growth occured from 2011 to 2012, when the median household income increased by 11,952 (from $23,536 to $35,488). Similarly the most substantial year-by-year decline occured from 2015 to 2016, when the median household income decreased by 14,029 (from $34,210 to $20,181).
- Additionally, the Census Bureau did not report a median household income for larger household sizes.
- With a Gini coefficient of 0.2926, it is evident that income distribution in Penermon, MO exihibits characterstics of moderate equality .
- NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $41,105.
Read more about Penermon, MO median household income ➔