Gender
In Rockville, the population consists of 32,269 males (48.09%) and 34,826 females (51.91%). Here are the primary highlights from the gender-based income distribution analysis:
- In Rockville, the median income for all workers aged 15 years and older, regardless of work hours, was $80,395 for males and $47,460 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $105,547 for males and $80,061 for females.
- In Rockville, the median income for all workers aged 15 years and older, regardless of work hours, was $80,395 for males and $47,460 for females.
- In Rockville, among full-time, year-round workers aged 15 years and older, males earned a median income of $105,547, while females earned $80,061, leading to a 24% gender pay gap among full-time workers. This illustrates that women earn 76 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 Rockville, the population is predominantly White, constituting 53.54% 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 $121,833.
- In Rockville, despite the White population being the most populous, it is worth noting that Two or More Races households actually reports the highest median household income, with a median income of $129,836. This reveals that, while Whites may be the most numerous in Rockville, Two or More Races households experience greater economic prosperity in terms of median household income.
- In Rockville, there was no reported median household income for White households in 2012. However, in 2022, the median household income increased to $121,833, marking a significant change.
- In Rockville, there was no reported median household income for Black or African American households in 2012. However, in 2022, the median household income increased to $43,908, marking a significant change.
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Year by year
Rockville, MD median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Rockville increased by $4,769 (3.95%), 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 4,417 (from $120,674 to $125,091). Similarly the most substantial year-by-year decline occured from 2016 to 2017, when the median household income decreased by 4,194 (from $124,477 to $120,283).
- It then further increased to $74,080 for 7-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.4656, it is evident that income distribution in Rockville, MD exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $140,788. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $67,130.
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