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
Gender
In Rockwall County, the population consists of 52,295 males (49.70%) and 52,932 females (50.30%). Here are the primary highlights from the gender-based income distribution analysis:
- In Rockwall County, the median income for all workers aged 15 years and older, regardless of work hours, was $66,221 for males and $35,980 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $80,082 for males and $60,839 for females.
- In Rockwall County, the median income for all workers aged 15 years and older, regardless of work hours, was $66,221 for males and $35,980 for females.
- In Rockwall County, among full-time, year-round workers aged 15 years and older, males earned a median income of $80,082, while females earned $60,839, 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 Rockwall County, the population is predominantly White, constituting 77.42% 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 $123,460.
- In Rockwall County, despite the White population being the most populous, it is worth noting that Black or African American households actually reports the highest median household income, with a median income of $140,992. This reveals that, while Whites may be the most numerous in Rockwall County, Black or African American households experience greater economic prosperity in terms of median household income.
- In Rockwall County, the median household income for the households where the householder is White increased by $17,956(17.02%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $105,504 in 2012 and $123,460 in 2022.
- In Rockwall County, the median household income for the households where the householder is Black or African American increased by $27,628(24.37%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $113,364 in 2012 and $140,992 in 2022.
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Year by year
Rockwall County, TX median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Rockwall County increased by $15,337 (14.57%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 8 years and declined for 3 years.
- The most significant year-by-year growth occured from 2018 to 2019, when the median household income increased by 5,090 (from $110,788 to $115,878). Similarly the most substantial year-by-year decline occured from 2011 to 2012, when the median household income decreased by 1,458 (from $107,412 to $105,954).
- It then further increased to $171,531 for 7-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.3919, it is evident that income distribution in Rockwall County, TX exihibits characterstics of moderate equality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $137,965. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $64,387.
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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)