Gender
In Smithtown town, the population consists of 57,722 males (49.52%) and 58,838 females (50.48%). Here are the primary highlights from the gender-based income distribution analysis:
- In Smithtown town, the median income for all workers aged 15 years and older, regardless of work hours, was $75,316 for males and $40,250 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $105,511 for males and $78,662 for females.
- In Smithtown town, the median income for all workers aged 15 years and older, regardless of work hours, was $75,316 for males and $40,250 for females.
- In Smithtown town, among full-time, year-round workers aged 15 years and older, males earned a median income of $105,511, while females earned $78,662, 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.
Read more about Smithtown, New York income by gender ➔
Race
In Smithtown town, the population is predominantly White, constituting 89.74% 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 $146,490.
- In Smithtown town, despite the White population being the most populous, it is worth noting that Asian households actually reports the highest median household income, with a median income of $171,763. This reveals that, while Whites may be the most numerous in Smithtown town, Asian households experience greater economic prosperity in terms of median household income.
- In Smithtown town, the median household income for the households where the householder is White increased by $12,250(9.13%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $134,240 in 2012 and $146,490 in 2022.
- In Smithtown town, the median household income for the households where the householder is Black or African American increased by $29,181(21.33%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $136,783 in 2012 and $165,964 in 2022.
Read more about Smithtown, New York median household income by race ➔
Year by year
Smithtown, New York median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Smithtown town increased by $8,092 (5.73%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 8 years and declined for 3 years.
- The most significant year-by-year growth occured from 2020 to 2021, when the median household income increased by 2,756 (from $146,558 to $149,314). Similarly the most substantial year-by-year decline occured from 2011 to 2012, when the median household income decreased by 1,965 (from $139,758 to $137,793).
- It then further increased to $231,538 for 7-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.4296, it is evident that income distribution in Smithtown, New York exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $163,475. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $69,531.
Read more about Smithtown, New York median household income ➔