Age of householder
Per the latest American Community Survey by the Census Bureau, Pickensville sees its highest median household income among householders in the age group of 45 to 64 years old, at $52,131. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Pickensville, where there exist only two delineated age groups, the median household income is $52,131 for householders within the 45 to 64 years age group, compared to $21,888 for the 65 years and over age group.
- Notably, household income for individuals within the 45 to 64 years age group demonstrated a remarkable increase of $5,549(11.91%), escalating from a median of $46,582 in 2011 to $52,131 in 2021.
- 0 households where the householder is under 25 years old.
- 116(36.48%) households with a householder aged between 25 and 44 years.
- 109(34.28%) households with a householder aged between 45 and 64 years.
- 93(29.25%) households where the householder is over 65 years old.
Read more about Pickensville, AL median household income by age ➔
Gender
In Pickensville, the population consists of 460 males (58.23%) and 330 females (41.77%). Here are the primary highlights from the gender-based income distribution analysis:
- In Pickensville, the median income for all workers aged 15 years and older, regardless of work hours, was $17,739 for males and $22,419 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the Census reported a median income of $32,356 for females, while data for males was unavailable due to an insufficient number of sample observations.
- In Pickensville, the median income for all workers aged 15 years and older, regardless of work hours, was $17,739 for males and $22,419 for females.
- In Pickensville, for full-time, year-round workers aged 15 years and older, the Census reported a median income of $32,356 for females, while data for males was unavailable due to an insufficient number of sample observations.
Read more about Pickensville, AL income by gender ➔
Race
In Pickensville, the population is predominantly Black or African American, constituting 64.43% 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 $27,795.
- In Pickensville, despite the Black or African American population being the most populous, it is worth noting that White households actually reports the highest median household income, with a median income of $108,542. This reveals that, while Black or African Americans may be the most numerous in Pickensville, White households experience greater economic prosperity in terms of median household income.
- In Pickensville, the median household income for the households where the householder is White increased by $41,412(61.69%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $67,130 in 2011 and $108,542 in 2021.
- In Pickensville, the median household income for the households where the householder is Black or African American increased by $213(0.77%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $27,582 in 2011 and $27,795 in 2021.
Read more about Pickensville, AL median household income by race ➔
Year by year
Pickensville, AL median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Pickensville increased by $7,706 (21.15%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 7 years and declined for 4 years.
- The most significant year-by-year growth occured from 2020 to 2021, when the median household income increased by 10,674 (from $33,463 to $44,137). Similarly the most substantial year-by-year decline occured from 2019 to 2020, when the median household income decreased by 12,825 (from $46,288 to $33,463).
- It then further increased to $81,744 for 4-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.5717, it is evident that income distribution in Pickensville, AL exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $59,901. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $23,039.
Read more about Pickensville, AL median household income ➔