Overview
$58,775
Median household income
0.3514
Gini coefficient
** (N/A)
Highest median income age group
$NA
Income of top 5%
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
Race
In Red House town, 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 $58,775.
- In Red House town, White is both the largest group and the one with the highest median household income, which stands at $58,775.
- In Red House town, the median household income for the households where the householder is White decreased by $34,390(36.91%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $93,165 in 2011 and $58,775 in 2021.
- As per the U.S. Census Bureau population data, in Red House town, 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.
Read more about Red House, New York median household income by race ➔
Year by year
Red House, New York median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Red House town decreased by $37,361 (38.86%), 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 2017 to 2018, when the median household income increased by 14,006 (from $40,794 to $54,800). Similarly the most substantial year-by-year decline occured from 2012 to 2013, when the median household income decreased by 27,614 (from $89,122 to $61,508).
- It then further increased to $104,038 for 2-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.3514, it is evident that income distribution in Red House, New York exihibits characterstics of moderate equality .
- NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $57,622.
Read more about Red House, New York median household income ➔
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)