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
Age of householder
Per the latest American Community Survey by the Census Bureau, Reddick sees its highest median household income among householders in the age group of 65 years and over old, at $33,585. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, Reddick only reports a median household income of $33,585 among householders in the 65 years and over age group.
- Notably, household income for individuals within the 65 years and over age group demonstrated the smallest decline of $12,297(26.80%), declining from a median of $45,882 in 2011 to $33,585 in 2021.
- 0 households where the householder is under 25 years old.
- 29(11.37%) households with a householder aged between 25 and 44 years.
- 138(54.12%) households with a householder aged between 45 and 64 years.
- 88(34.51%) households where the householder is over 65 years old.
Read more about Reddick, FL median household income by age ➔
Gender
In Reddick, the population consists of 265 males (50.77%) and 257 females (49.23%). Here are the primary highlights from the gender-based income distribution analysis:
- In Reddick, the median income for all workers aged 15 years and older, regardless of work hours, was $30,176 for males and $20,227 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $44,089 for males and $270,229 for females.
- In Reddick, the median income for all workers aged 15 years and older, regardless of work hours, was $30,176 for males and $20,227 for females.
- In Reddick, among full-time, year-round workers aged 15 years and older, males earned a median income of $44,089, while females earned $270,229
Read more about Reddick, FL income by gender ➔
Race
In Reddick, the population is predominantly White, constituting 65.90% 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 $48,040.
- In Reddick, White is both the largest group and the one with the highest median household income, which stands at $48,040.
- In Reddick, the median household income for the households where the householder is White decreased by $5,663(10.55%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $53,703 in 2011 and $48,040 in 2021.
- In Reddick, the median household income for the households where the householder is Black or African American increased by $15,596(85.77%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $18,183 in 2011 and $33,779 in 2021.
Read more about Reddick, FL median household income by race ➔
Year by year
Reddick, FL median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Reddick increased by $6,939 (19.78%), 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 2018 to 2019, when the median household income increased by 7,536 (from $30,897 to $38,433). Similarly the most substantial year-by-year decline occured from 2013 to 2014, when the median household income decreased by 10,925 (from $38,515 to $27,590).
- Additionally, the Census Bureau did not report a median household income for larger household sizes.
- With a Gini coefficient of 0.583, it is evident that income distribution in Reddick, FL exihibits characterstics of moderate inequality .
- NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $37,936.
Read more about Reddick, FL 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)