Gender
In Skokie, the population consists of 32,295 males (47.88%) and 35,149 females (52.12%). Here are the primary highlights from the gender-based income distribution analysis:
- In Skokie, the median income for all workers aged 15 years and older, regardless of work hours, was $50,585 for males and $39,127 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $85,719 for males and $62,064 for females.
- In Skokie, the median income for all workers aged 15 years and older, regardless of work hours, was $50,585 for males and $39,127 for females.
- In Skokie, among full-time, year-round workers aged 15 years and older, males earned a median income of $85,719, while females earned $62,064, leading to a 28% gender pay gap among full-time workers. This illustrates that women earn 72 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 Skokie, the population is predominantly White, constituting 55.58% 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 $109,027.
- In Skokie, despite the White population being the most populous, it is worth noting that Two or More Races households actually reports the highest median household income, with a median income of $145,453. This reveals that, while Whites may be the most numerous in Skokie, Two or More Races households experience greater economic prosperity in terms of median household income.
- In Skokie, the median household income for the households where the householder is White increased by $37,547(52.53%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $71,480 in 2012 and $109,027 in 2022.
- In Skokie, the median household income for the households where the householder is Black or African American decreased by $27,080(26.80%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $101,059 in 2012 and $73,979 in 2022.
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Year by year
Skokie, IL median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Skokie decreased by $2,876 (3.20%), 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 2020 to 2021, when the median household income increased by 2,386 (from $84,674 to $87,060). Similarly the most substantial year-by-year decline occured from 2012 to 2013, when the median household income decreased by 3,766 (from $85,852 to $82,086).
- It then further increased to $200,825 for 7-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.4577, it is evident that income distribution in Skokie, IL exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $123,401. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $48,008.
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