Gender
In Randalia, the population consists of 32 males (54.24%) and 27 females (45.76%). Here are the primary highlights from the gender-based income distribution analysis:
- In Randalia, the median income for all workers aged 15 years and older, regardless of work hours, was $32,728 for males and $22,969 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $34,679 for males and $29,050 for females.
- In Randalia, the median income for all workers aged 15 years and older, regardless of work hours, was $32,728 for males and $22,969 for females.
- In Randalia, among full-time, year-round workers aged 15 years and older, males earned a median income of $34,679, while females earned $29,050, leading to a 16% gender pay gap among full-time workers. This illustrates that women earn 84 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 Randalia, the population is predominantly White, constituting 96.61% 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 $34,229.
- In Randalia, White is both the largest group and the one with the highest median household income, which stands at $34,229.
- In Randalia, the median household income for the households where the householder is White decreased by $5,816(14.52%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $40,045 in 2011 and $34,229 in 2021.
- As per the U.S. Census Bureau population data, in Randalia, 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
Randalia, IA median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Randalia decreased by $7,936 (18.82%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 6 years and declined for 5 years.
- The most significant year-by-year growth occured from 2011 to 2012, when the median household income increased by 6,384 (from $40,045 to $46,429). Similarly the most substantial year-by-year decline occured from 2016 to 2017, when the median household income decreased by 6,290 (from $50,452 to $44,162).
- Additionally, the Census Bureau did not report a median household income for larger household sizes.
- With a Gini coefficient of 0.4297, it is evident that income distribution in Randalia, IA exihibits characterstics of moderate inequality .
- NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $62,360.
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