Age of householder
Per the latest American Community Survey by the Census Bureau, Rondo sees its highest median household income among householders in the age group of 45 to 64 years old, at $39,183. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Rondo, where there exist only two delineated age groups, the median household income is $39,183 for householders within the 45 to 64 years age group, compared to $18,866 for the 65 years and over age group.
- Notably, household income for individuals within the 45 to 64 years age group demonstrated a remarkable increase of $19,920(103.41%), escalating from a median of $19,263 in 2011 to $39,183 in 2021.
- 0 households where the householder is under 25 years old.
- 3(3.70%) households with a householder aged between 25 and 44 years.
- 7(8.64%) households with a householder aged between 45 and 64 years.
- 71(87.65%) households where the householder is over 65 years old.
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Gender
In Rondo, the population consists of 58 males (34.94%) and 108 females (65.06%). Here are the primary highlights from the gender-based income distribution analysis:
- In Rondo, the median income for all workers aged 15 years and older, regardless of work hours, was $27,474 for males and $16,684 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the Census reported a median income of $20,267 for females, while data for males was unavailable due to an insufficient number of sample observations.
- In Rondo, the median income for all workers aged 15 years and older, regardless of work hours, was $27,474 for males and $16,684 for females.
- In Rondo, for full-time, year-round workers aged 15 years and older, the Census reported a median income of $20,267 for females, while data for males was unavailable due to an insufficient number of sample observations.
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Race
In Rondo, the population is predominantly Black or African American, constituting 52.41% of the total residents. Here are the key highlights from the analysis of income distribution by race:
- The median household income for Black or African American households is $18,166.
- In Rondo, despite the Black or African American population being the most populous, it is worth noting that White households actually reports the highest median household income, with a median income of $39,634. This reveals that, while Black or African Americans may be the most numerous in Rondo, White households experience greater economic prosperity in terms of median household income.
- In Rondo, the median household income for the households where the householder is White increased by $11,848(42.64%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $27,786 in 2011 and $39,634 in 2021.
- In Rondo, the median household income for the households where the householder is Black or African American decreased by $2,307(11.27%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $20,473 in 2011 and $18,166 in 2021.
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Year by year
Rondo, AR median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Rondo decreased by $3,642 (15.86%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 4 years and declined for 7 years.
- The most significant year-by-year growth occured from 2014 to 2015, when the median household income increased by 3,241 (from $16,891 to $20,132). Similarly the most substantial year-by-year decline occured from 2018 to 2019, when the median household income decreased by 3,290 (from $24,461 to $21,171).
- It then further increased to $63,504 for 3-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.389, it is evident that income distribution in Rondo, AR exihibits characterstics of moderate equality .
- NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $30,077.
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