Age of householder
Per the latest American Community Survey by the Census Bureau, Poynor sees its highest median household income among householders in the age group of 45 to 64 years old, at $56,748. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, Poynor only reports a median household income of $56,748 among householders in the 45 to 64 years age group.
- Notably, household income for individuals within the 45 to 64 years age group demonstrated a remarkable increase of $3,356(6.29%), escalating from a median of $53,392 in 2011 to $56,748 in 2021.
- 0 households where the householder is under 25 years old.
- 42(32.81%) households with a householder aged between 25 and 44 years.
- 56(43.75%) households with a householder aged between 45 and 64 years.
- 30(23.44%) households where the householder is over 65 years old.
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Gender
In Poynor, the population consists of 131 males (34.03%) and 254 females (65.97%). Here are the primary highlights from the gender-based income distribution analysis:
- In Poynor, the median income for all workers aged 15 years and older, regardless of work hours, was $53,775 for males and $25,245 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $58,099 for males and $57,574 for females.
- In Poynor, the median income for all workers aged 15 years and older, regardless of work hours, was $53,775 for males and $25,245 for females.
- In Poynor, among full-time, year-round workers aged 15 years and older, males earned a median income of $58,099, while females earned $57,574, resulting in a 1% gender pay gap among full-time workers. This illustrates that women earn 99 cents for each dollar earned by men in full-time positions. While this gap shows a trend where women are inching closer to wage parity with men, it also exhibits a noticeable income difference for women working full-time in the town of Poynor.
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Race
In Poynor, the population is predominantly White, constituting 96.10% 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 $63,504.
- In Poynor, despite the White population being the most populous, it is worth noting that Two or More Races households actually reports the highest median household income, with a median income of $79,042. This reveals that, while Whites may be the most numerous in Poynor, Two or More Races households experience greater economic prosperity in terms of median household income.
- In Poynor, the median household income for the households where the householder is White decreased by $9,502(13.02%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $73,006 in 2011 and $63,504 in 2021.
- As per the U.S. Census Bureau population data, in Poynor, there are no households where the householder is Black or African American; hence, the median household income for the Black or African American population is not applicable.
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Year by year
Poynor, TX median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Poynor decreased by $18,048 (22.03%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 5 years and declined for 6 years.
- The most significant year-by-year growth occured from 2019 to 2020, when the median household income increased by 10,989 (from $53,105 to $64,094). Similarly the most substantial year-by-year decline occured from 2011 to 2012, when the median household income decreased by 20,073 (from $73,006 to $52,933).
- Additionally, the Census Bureau did not report a median household income for larger household sizes.
- With a Gini coefficient of 0.4423, it is evident that income distribution in Poynor, TX exihibits characterstics of moderate inequality .
- NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $57,675.
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