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
Age of householder
Per the latest American Community Survey by the Census Bureau, Roslyn Estates sees its highest median household income among householders in the age group of 25 to 44 years old, at $270,229. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Roslyn Estates, where there exist only two delineated age groups, the median household income is $270,229 for householders within the 25 to 44 years age group, compared to $270,229 for the 45 to 64 years age group.
- Notably, household income for individuals within the 25 to 44 years age group demonstrated the smallest decline of $56,666(17.33%), declining from a median of $326,895 in 2011 to $270,229 in 2021.
- 0 households where the householder is under 25 years old.
- 85(19.32%) households with a householder aged between 25 and 44 years.
- 220(50%) households with a householder aged between 45 and 64 years.
- 135(30.68%) households where the householder is over 65 years old.
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Gender
In Roslyn Estates, the population consists of 659 males (47.68%) and 723 females (52.32%). Here are the primary highlights from the gender-based income distribution analysis:
- In Roslyn Estates, while the Census reported a median income of $54,566 for all female workers aged 15 years and older, data for males 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 $246,808 for males and $73,300 for females.
- In Roslyn Estates, while the Census reported a median income of $54,566 for all female workers aged 15 years and older, data for males in the same category was unavailable due to an insufficient number of sample observations.
- In Roslyn Estates, among full-time, year-round workers aged 15 years and older, males earned a median income of $246,808, while females earned $73,300, leading to a 70% gender pay gap among full-time workers. This illustrates that women earn 30 cents for each dollar earned by men in full-time roles. This level of income gap emphasizes the urgency to address and rectify this ongoing disparity, where women, despite working full-time, face a more significant wage discrepancy compared to men in the same employment roles.
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Race
In Roslyn Estates, the population is predominantly White, constituting 90.59% 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 $270,229.
- In Roslyn Estates, White is both the largest group and the one with the highest median household income, which stands at $270,229.
- In Roslyn Estates, the median household income for the households where the householder is White decreased by $53,396(16.50%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $323,625 in 2011 and $270,229 in 2021.
- Even though there is a population where the householder is Black or African American, there was no median household income reported by the U.S. Census Bureau for both 2011 and 2021.
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Year by year
Roslyn Estates, NY median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Roslyn Estates increased by $27,358 (11.26%), 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 2017 to 2018, when the median household income increased by 40,767 (from $251,499 to $292,266). Similarly the most substantial year-by-year decline occured from 2011 to 2012, when the median household income decreased by 21,467 (from $266,419 to $244,952).
- It then further remained the same for 6-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.511, it is evident that income distribution in Roslyn Estates, NY exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $270,229. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $0.
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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)