Gender
In Ruidoso Downs, the population consists of 1,205 males (46.03%) and 1,413 females (53.97%). Here are the primary highlights from the gender-based income distribution analysis:
- In Ruidoso Downs, the median income for all workers aged 15 years and older, regardless of work hours, was $26,453 for males and $17,851 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the Census reported a median income of $28,507 for females, while data for males was unavailable due to an insufficient number of sample observations.
- In Ruidoso Downs, the median income for all workers aged 15 years and older, regardless of work hours, was $26,453 for males and $17,851 for females.
- In Ruidoso Downs, for full-time, year-round workers aged 15 years and older, the Census reported a median income of $28,507 for females, while data for males was unavailable due to an insufficient number of sample observations.
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Race
In Ruidoso Downs, the population is predominantly White, constituting 73.34% 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 $33,830.
- In Ruidoso Downs, White is both the largest group and the one with the highest median household income, which stands at $33,830.
- In Ruidoso Downs, the median household income for the households where the householder is White decreased by $7,984(19.09%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $41,814 in 2011 and $33,830 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
Ruidoso Downs, NM median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Ruidoso Downs decreased by $15,482 (35%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 5 years and declined for 6 years.
- The most significant year-by-year growth occured from 2018 to 2019, when the median household income increased by 8,502 (from $24,390 to $32,892). Similarly the most substantial year-by-year decline occured from 2017 to 2018, when the median household income decreased by 8,222 (from $32,612 to $24,390).
- Additionally, the Census Bureau did not report a median household income for larger household sizes.
- With a Gini coefficient of 0.5028, it is evident that income distribution in Ruidoso Downs, NM exihibits characterstics of moderate inequality .
- NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $30,776.
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