Age of householder
Per the latest American Community Survey by the Census Bureau, Rolling Hills sees its highest median household income among householders in the age group of 25 to 44 years old, at $161,968. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Rolling Hills, the median household income stands at $161,968 for householders within the 25 to 44 years age group, followed by $94,850 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 $63,954.
- Notably, household income for individuals within the 25 to 44 years age group demonstrated a remarkable increase of $87,655(117.95%), escalating from a median of $74,313 in 2011 to $161,968 in 2021.
- 5(1.21%) households where the householder is under 25 years old.
- 183(44.42%) households with a householder aged between 25 and 44 years.
- 130(31.55%) households with a householder aged between 45 and 64 years.
- 94(22.82%) households where the householder is over 65 years old.
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Gender
In Rolling Hills, the population consists of 468 males (53.86%) and 401 females (46.14%). Here are the primary highlights from the gender-based income distribution analysis:
- In Rolling Hills, the median income for all workers aged 15 years and older, regardless of work hours, was $46,184 for males and $46,239 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the Census reported a median income of $67,895 for females, while data for males was unavailable due to an insufficient number of sample observations.
- In Rolling Hills, for all workers aged 15 years and older, irrespective of full-time or part-time work, the median income was $46,239 for both males and females.
- In Rolling Hills, for full-time, year-round workers aged 15 years and older, the Census reported a median income of $67,895 for females, while data for males was unavailable due to an insufficient number of sample observations.
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Race
In Rolling Hills, the population is predominantly White, constituting 81.13% 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 $117,935.
- In Rolling Hills, despite the White population being the most populous, it is worth noting that Asian households actually reports the highest median household income, with a median income of $126,107. This reveals that, while Whites may be the most numerous in Rolling Hills, Asian households experience greater economic prosperity in terms of median household income.
- In Rolling Hills, the median household income for the households where the householder is White increased by $38,391(48.26%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $79,544 in 2011 and $117,935 in 2021.
- In Rolling Hills, the median household income for the households where the householder is Black or African American decreased by $8,250(19.63%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $42,029 in 2011 and $33,779 in 2021.
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Year by year
Rolling Hills, KY median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Rolling Hills increased by $41,806 (70.37%), 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 25,682 (from $74,993 to $100,675). Similarly the most substantial year-by-year decline occured from 2013 to 2014, when the median household income decreased by 17,536 (from $72,232 to $54,696).
- It then further increased to $132,412 for 4-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.3436, it is evident that income distribution in Rolling Hills, KY exihibits characterstics of moderate equality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $101,167. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $0.
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