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
Age of householder
Per the latest American Community Survey by the Census Bureau, Pinehurst sees its highest median household income among householders in the age group of 25 to 44 years old, at $58,369. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Pinehurst, where there exist only two delineated age groups, the median household income is $58,369 for householders within the 25 to 44 years age group, compared to $37,832 for the 65 years and over age group.
- Notably, household income for individuals within the 25 to 44 years age group demonstrated a remarkable increase of $10,560(22.09%), escalating from a median of $47,809 in 2011 to $58,369 in 2021.
- 0 households where the householder is under 25 years old.
- 26(17.45%) households with a householder aged between 25 and 44 years.
- 71(47.65%) households with a householder aged between 45 and 64 years.
- 52(34.90%) households where the householder is over 65 years old.
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Gender
In Pinehurst, the population consists of 241 males (52.16%) and 221 females (47.84%). Here are the primary highlights from the gender-based income distribution analysis:
- In Pinehurst, while the Census reported a median income of $14,012 for all female workers aged 15 years and older, data for males in the same category was unavailable due to an insufficient number of sample observations.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $52,019 for males and $42,745 for females.
- In Pinehurst, while the Census reported a median income of $14,012 for all female workers aged 15 years and older, data for males in the same category was unavailable due to an insufficient number of sample observations.
- In Pinehurst, among full-time, year-round workers aged 15 years and older, males earned a median income of $52,019, while females earned $42,745, leading to a 18% gender pay gap among full-time workers. This illustrates that women earn 82 cents for each dollar earned by men in full-time roles. This analysis indicates a widening gender pay gap, showing a substantial income disparity where women, despite working full-time, face a more significant wage discrepancy compared to men in the same roles.
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Race
In Pinehurst, the population is predominantly Black or African American, constituting 61.90% 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 not available from the U.S. Census Bureau, possibly due to insufficient sample size, confidentiality or privacy constraints..
- In Pinehurst, despite the Black or African American population being the most populous, there is no income data available in the latest American Community Survey for it. Based on analysis from all of the data that is available, it is worth noting that White households actually reports the highest median household income, with a median income of $57,311. This reveals that, while Black or African Americans may be the most numerous in Pinehurst, White households experience greater economic prosperity in terms of median household income.
- In Pinehurst, the median household income for the households where the householder is White increased by $2,147(3.89%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $55,164 in 2011 and $57,311 in 2021.
- In Pinehurst, the median household income for Black or African American households was $29,966 in 2011(2022 inflation-adjusted dollars). However there is no reported data for 2021, indicating a lack of information for this specific year.
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Year by year
Pinehurst, GA median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Pinehurst increased by $2,085 (5.01%), 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 2019 to 2020, when the median household income increased by 17,527 (from $37,556 to $55,083). Similarly the most substantial year-by-year decline occured from 2020 to 2021, when the median household income decreased by 11,396 (from $55,083 to $43,687).
- Additionally, the Census Bureau did not report a median household income for larger household sizes.
- With a Gini coefficient of 0.4838, it is evident that income distribution in Pinehurst, GA exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $47,065. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $0.
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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)