Age of householder
Per the latest American Community Survey by the Census Bureau, Rocky Ford sees its highest median household income among householders in the age group of 45 to 64 years old, at $57,086. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Rocky Ford, where there exist only two delineated age groups, the median household income is $57,086 for householders within the 45 to 64 years age group, compared to $33,103 for the 65 years and over age group.
- Notably, household income for individuals within the 65 years and over age group demonstrated a remarkable increase of $11,651(54.31%), escalating from a median of $21,452 in 2011 to $33,103 in 2021.
- 0 households where the householder is under 25 years old.
- 15(15.31%) households with a householder aged between 25 and 44 years.
- 46(46.94%) households with a householder aged between 45 and 64 years.
- 37(37.76%) households where the householder is over 65 years old.
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Gender
In Rocky Ford, the population consists of 84 males (42.21%) and 115 females (57.79%). Here are the primary highlights from the gender-based income distribution analysis:
- In Rocky Ford, while the Census reported a median income of $37,697 for all male workers aged 15 years and older, data for females in the same category was unavailable due to an insufficient number of sample observations.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $66,881 for males and $57,001 for females.
- In Rocky Ford, while the Census reported a median income of $37,697 for all male workers aged 15 years and older, data for females in the same category was unavailable due to an insufficient number of sample observations.
- In Rocky Ford, among full-time, year-round workers aged 15 years and older, males earned a median income of $66,881, while females earned $57,001, resulting in a 15% gender pay gap among full-time workers. This illustrates that women earn 85 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 Rocky Ford.
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Race
In Rocky Ford, the population is predominantly White, constituting 72.36% 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 $57,930.
- In Rocky Ford, White is both the largest group and the one with the highest median household income, which stands at $57,930.
- In Rocky Ford, the median household income for the households where the householder is White increased by $35,251(155.43%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $22,679 in 2011 and $57,930 in 2021.
- In Rocky Ford, the median household income for the households where the householder is Black or African American decreased by $3,788(11.04%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $34,324 in 2011 and $30,536 in 2021.
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Year by year
Rocky Ford, GA median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Rocky Ford increased by $28,066 (128%), 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 2017 to 2018, when the median household income increased by 15,040 (from $43,413 to $58,453). Similarly the most substantial year-by-year decline occured from 2020 to 2021, when the median household income decreased by 7,924 (from $57,916 to $49,992).
- Additionally, the Census Bureau did not report a median household income for larger household sizes.
- With a Gini coefficient of 0.3879, it is evident that income distribution in Rocky Ford, GA exihibits characterstics of moderate equality .
- NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $22,324.
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