Age of householder
Per the latest American Community Survey by the Census Bureau, Shady Dale sees its highest median household income among householders in the age group of 25 to 44 years old, at $71,610. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Shady Dale, where there exist only two delineated age groups, the median household income is $71,610 for householders within the 25 to 44 years age group, compared to $63,954 for the 45 to 64 years age group.
- Notably, household income for individuals within the 25 to 44 years age group demonstrated a remarkable increase of $3,663(5.39%), escalating from a median of $67,947 in 2011 to $71,610 in 2021.
- 1(1.04%) households where the householder is under 25 years old.
- 30(31.25%) households with a householder aged between 25 and 44 years.
- 30(31.25%) households with a householder aged between 45 and 64 years.
- 35(36.46%) households where the householder is over 65 years old.
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Gender
In Shady Dale, the population consists of 176 males (61.11%) and 112 females (38.89%). Here are the primary highlights from the gender-based income distribution analysis:
- In Shady Dale, the median income for all workers aged 15 years and older, regardless of work hours, was $35,805 for males and $29,829 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $43,912 for males and $30,569 for females.
- In Shady Dale, the median income for all workers aged 15 years and older, regardless of work hours, was $35,805 for males and $29,829 for females.
- In Shady Dale, among full-time, year-round workers aged 15 years and older, males earned a median income of $43,912, while females earned $30,569, leading to a 30% gender pay gap among full-time workers. This illustrates that women earn 70 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 Shady Dale, the population is predominantly White, constituting 42.01% 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 $48,190.
- In Shady Dale, despite the White population being the most populous, it is worth noting that Some Other Race households actually reports the highest median household income, with a median income of $91,540. This reveals that, while Whites may be the most numerous in Shady Dale, Some Other Race households experience greater economic prosperity in terms of median household income.
- In Shady Dale, the median household income for the households where the householder is White decreased by $27,323(36.18%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $75,513 in 2011 and $48,190 in 2021.
- In Shady Dale, the median household income for Black or African American households was $75,420 in 2011(2022 inflation-adjusted dollars). However there is no reported data for 2021, indicating a lack of information for this specific year.
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Year by year
Shady Dale, GA median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Shady Dale decreased by $22,271 (27.71%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 3 years and declined for 8 years.
- The most significant year-by-year growth occured from 2017 to 2018, when the median household income increased by 14,553 (from $50,525 to $65,078). Similarly the most substantial year-by-year decline occured from 2013 to 2014, when the median household income decreased by 16,636 (from $70,620 to $53,984).
- Additionally, the Census Bureau did not report a median household income for larger household sizes.
- With a Gini coefficient of 0.3302, it is evident that income distribution in Shady Dale, GA exihibits characterstics of moderate equality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $83,095. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $31,415.
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