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, Sicily Island sees its highest median household income among householders in the age group of 45 to 64 years old, at $44,250. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Sicily Island, where there exist only two delineated age groups, the median household income is $44,250 for householders within the 45 to 64 years age group, compared to $30,536 for the 25 to 44 years age group.
- Notably, household income for individuals within the 45 to 64 years age group demonstrated a remarkable increase of $14,830(50.41%), escalating from a median of $29,420 in 2011 to $44,250 in 2021.
- 0 households where the householder is under 25 years old.
- 72(42.86%) households with a householder aged between 25 and 44 years.
- 72(42.86%) households with a householder aged between 45 and 64 years.
- 24(14.29%) households where the householder is over 65 years old.
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Gender
In Sicily Island, the population consists of 273 males (51.41%) and 258 females (48.59%). Here are the primary highlights from the gender-based income distribution analysis:
- In Sicily Island, the median income for all workers aged 15 years and older, regardless of work hours, was $46,366 for males and $18,217 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $77,438 for males and $25,221 for females.
- In Sicily Island, the median income for all workers aged 15 years and older, regardless of work hours, was $46,366 for males and $18,217 for females.
- In Sicily Island, among full-time, year-round workers aged 15 years and older, males earned a median income of $77,438, while females earned $25,221, leading to a 67% gender pay gap among full-time workers. This illustrates that women earn 33 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 Sicily Island, the population is predominantly Black or African American, constituting 55.37% 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 $23,420.
- In Sicily Island, 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 $47,020. This reveals that, while Black or African Americans may be the most numerous in Sicily Island, White households experience greater economic prosperity in terms of median household income.
- In Sicily Island, the median household income for the households where the householder is White increased by $22,428(91.20%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $24,592 in 2011 and $47,020 in 2021.
- In Sicily Island, the median household income for the households where the householder is Black or African American decreased by $6,981(22.96%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $30,401 in 2011 and $23,420 in 2021.
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Year by year
Sicily Island, LA median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Sicily Island increased by $2,275 (6.81%), 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 2011 to 2012, when the median household income increased by 9,414 (from $27,409 to $36,823). Similarly the most substantial year-by-year decline occured from 2010 to 2011, when the median household income decreased by 5,986 (from $33,395 to $27,409).
- It then further increased to $42,426 for 2-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.4196, it is evident that income distribution in Sicily Island, LA exihibits characterstics of moderate inequality .
- NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $64,584.
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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)