Age of householder
Per the latest American Community Survey by the Census Bureau, Rock Hall sees its highest median household income among householders in the age group of 25 to 44 years old, at $89,645. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Rock Hall, the median household income stands at $89,645 for householders within the 25 to 44 years age group, followed by $59,573 for the 45 to 64 years age group. Notably, householders within the 65 years and over age group, had the lowest median household income at $46,505.
- Notably, household income for individuals within the 25 to 44 years age group demonstrated a remarkable increase of $50,418(128.53%), escalating from a median of $39,227 in 2011 to $89,645 in 2021.
- 14(2.15%) households where the householder is under 25 years old.
- 132(20.31%) households with a householder aged between 25 and 44 years.
- 215(33.08%) households with a householder aged between 45 and 64 years.
- 289(44.46%) households where the householder is over 65 years old.
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Gender
In Rock Hall, the population consists of 661 males (47.32%) and 736 females (52.68%). Here are the primary highlights from the gender-based income distribution analysis:
- In Rock Hall, the median income for all workers aged 15 years and older, regardless of work hours, was $39,784 for males and $25,752 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $54,443 for males and $50,533 for females.
- In Rock Hall, the median income for all workers aged 15 years and older, regardless of work hours, was $39,784 for males and $25,752 for females.
- In Rock Hall, among full-time, year-round workers aged 15 years and older, males earned a median income of $54,443, while females earned $50,533, resulting in a 7% gender pay gap among full-time workers. This illustrates that women earn 93 cents for each dollar earned by men in full-time positions. While this gap shows a trend where women are inching closer to wage parity with men, it also exhibits a noticeable income difference for women working full-time in the town of Rock Hall.
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Race
In Rock Hall, the population is predominantly White, constituting 87.47% 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 $57,648.
- In Rock Hall, White is both the largest group and the one with the highest median household income, which stands at $57,648.
- In Rock Hall, the median household income for the households where the householder is White decreased by $3,707(6.04%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $61,355 in 2011 and $57,648 in 2021.
- In Rock Hall, the median household income for Black or African American households was $27,786 in 2011(2022 inflation-adjusted dollars). However there is no reported data for 2021, indicating a lack of information for this specific year.
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Year by year
Rock Hall, MD median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Rock Hall decreased by $1,544 (2.74%), 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 2019 to 2020, when the median household income increased by 9,350 (from $44,632 to $53,982). Similarly the most substantial year-by-year decline occured from 2016 to 2017, when the median household income decreased by 14,291 (from $64,441 to $50,150).
- It then further decreased to 27,474 for 6-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.4395, it is evident that income distribution in Rock Hall, MD exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $67,622. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $43,800.
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