Age of householder
Per the latest American Community Survey by the Census Bureau, Prairie Rose sees its highest median household income among householders in the age group of 25 to 44 years old, at $155,381. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Prairie Rose, where there exist only two delineated age groups, the median household income is $155,381 for householders within the 25 to 44 years age group, compared to $91,427 for the 45 to 64 years age group.
- Notably, household income for individuals within the 25 to 44 years age group demonstrated a remarkable increase of $9,913(6.81%), escalating from a median of $145,468 in 2011 to $155,381 in 2021.
- 0 households where the householder is under 25 years old.
- 5(31.25%) households with a householder aged between 25 and 44 years.
- 5(31.25%) households with a householder aged between 45 and 64 years.
- 6(37.50%) households where the householder is over 65 years old.
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Gender
In Prairie Rose, the population consists of 22 males (56.41%) and 17 females (43.59%). Here are the primary highlights from the gender-based income distribution analysis:
- In Prairie Rose, while the Census reported a median income of $88,724 for all male workers aged 15 years and older, data for females 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 $95,031 for males and $60,351 for females.
- In Prairie Rose, while the Census reported a median income of $88,724 for all male workers aged 15 years and older, data for females in the same category was unavailable due to an insufficient number of sample observations.
- In Prairie Rose, among full-time, year-round workers aged 15 years and older, males earned a median income of $95,031, while females earned $60,351, leading to a 36% gender pay gap among full-time workers. This illustrates that women earn 64 cents for each dollar earned by men in full-time roles. This level of income gap emphasizes the urgency to address and rectify this ongoing disparity, where women, despite working full-time, face a more significant wage discrepancy compared to men in the same employment roles.
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Race
In Prairie Rose, the population is predominantly White, constituting 100% 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 $132,412.
- In Prairie Rose, White is both the largest group and the one with the highest median household income, which stands at $132,412.
- In Prairie Rose, the median household income for the households where the householder is White decreased by $7,452(5.33%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $139,864 in 2011 and $132,412 in 2021.
- As per the U.S. Census Bureau population data, in Prairie Rose, 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
Prairie Rose, ND median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Prairie Rose decreased by $5,256 (3.82%), 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 2017 to 2018, when the median household income increased by 16,498 (from $135,480 to $151,978). Similarly the most substantial year-by-year decline occured from 2018 to 2019, when the median household income decreased by 24,718 (from $151,978 to $127,260).
- Additionally, the Census Bureau did not report a median household income for larger household sizes.
- With a Gini coefficient of 0.271, it is evident that income distribution in Prairie Rose, ND exihibits characterstics of moderate equality .
- NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $0.
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