Age of householder
Per the latest American Community Survey by the Census Bureau, Sandy Springs sees its highest median household income among householders in the age group of 45 to 64 years old, at $144,714. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Sandy Springs, householders within the 45 to 64 years age group have the highest median household income at $144,714, followed by those in the 25 to 44 years age group with an income of $97,739. Meanwhile householders within the 65 years and over age group report the second lowest median household income of $74,251. Notably, householders within the under 25 years age group, had the lowest median household income at $59,964.
- Notably, household income for individuals within the 25 to 44 years age group demonstrated a remarkable increase of $26,134(36.50%), escalating from a median of $71,605 in 2012 to $97,739 in 2022.
- 1,926(3.84%) households where the householder is under 25 years old.
- 20,238(40.37%) households with a householder aged between 25 and 44 years.
- 17,446(34.80%) households with a householder aged between 45 and 64 years.
- 10,525(20.99%) households where the householder is over 65 years old.
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Gender
In Sandy Springs, the population consists of 51,568 males (48.37%) and 55,037 females (51.63%). Here are the primary highlights from the gender-based income distribution analysis:
- In Sandy Springs, the median income for all workers aged 15 years and older, regardless of work hours, was $77,202 for males and $49,292 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $105,781 for males and $79,649 for females.
- In Sandy Springs, the median income for all workers aged 15 years and older, regardless of work hours, was $77,202 for males and $49,292 for females.
- In Sandy Springs, among full-time, year-round workers aged 15 years and older, males earned a median income of $105,781, while females earned $79,649, leading to a 25% gender pay gap among full-time workers. This illustrates that women earn 75 cents for each dollar earned by men in full-time roles. This analysis indicates a widening gender pay gap, showing a substantial income disparity where women, despite working full-time, face a more significant wage discrepancy compared to men in the same roles.
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Race
In Sandy Springs, the population is predominantly White, constituting 65.41% 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 $141,944.
- In Sandy Springs, White is both the largest group and the one with the highest median household income, which stands at $141,944.
- In Sandy Springs, the median household income for the households where the householder is White increased by $47,430(50.18%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $94,514 in 2012 and $141,944 in 2022.
- In Sandy Springs, the median household income for the households where the householder is Black or African American increased by $14,353(26.77%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $53,615 in 2012 and $67,968 in 2022.
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Year by year
Sandy Springs, GA median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Sandy Springs increased by $2,798 (3.08%), 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 2015 to 2016, when the median household income increased by 4,753 (from $79,185 to $83,938). Similarly the most substantial year-by-year decline occured from 2012 to 2013, when the median household income decreased by 4,048 (from $83,704 to $79,656).
- It then further decreased to -666,666,666 for 7-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.5285, it is evident that income distribution in Sandy Springs, GA exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $145,113. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $73,894.
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