Red House, New York Income

The inflation-adjusted median household income in Red House town was $58,775, based on U.S. Census Bureau ACS estimates.
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Updated Dec 15, 2023
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.
The bar chart shows Red House, New York median household income across all racial categories identified by the U.S. Census Bureau.
Red House, New York median household income diversity across racial categories: Gain insights into economic disparities and trends and explore the variations in median houshold income for diverse racial categories. Source: U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates

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.
The line chart shows Red House, New York median household income from 2010 to 2021. The orange line represents Census Bureau data for median household income (without adjusting for any inflation), while the blue line shows inflation-adjusted median household income for 2022.
Red House, New York median household income trends: 2010 to 2021. The chart illustrates income fluctuations over the years, highlighting the impact of inflation on economic trends. Source: U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates

Read more about Red House, New York median household income ➔

References

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Red House, New York Demographics

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Median household income of places that contain Red House town (in 2022 dollars)
Insights for Red House town, by topic

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Neilsberg Research
Neilsberg Research team are data scientists with expertise in processing, analysis and visualization of big data helping small businesses make right decisions.

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