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
Gender
In Smithville, the population consists of 179 males (54.57%) and 149 females (45.43%). Here are the primary highlights from the gender-based income distribution analysis:
- In Smithville, the median income for all workers aged 15 years and older, regardless of work hours, was $37,955 for males and $14,610 for females.
- However, when specifically considering full-time, year-round workers within the same age group, while the Census reported a median income of $59,045 for males, while data for females was unavailable due to an insufficient number of sample observations.
- In Smithville, the median income for all workers aged 15 years and older, regardless of work hours, was $37,955 for males and $14,610 for females.
- In Smithville, for full-time, year-round workers aged 15 years and older, while the Census reported a median income of $59,045 for males, while data for females was unavailable due to an insufficient number of sample observations.
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Race
In Smithville, the population is predominantly White, constituting 63.11% 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 $40,478.
- In Smithville, White is both the largest group and the one with the highest median household income, which stands at $40,478.
- In Smithville, the median household income for the households where the householder is White decreased by $24,084(37.30%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $64,562 in 2011 and $40,478 in 2021.
- In Smithville, the median household income for Black or African American households was $34,079 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
Smithville, GA median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Smithville increased by $5,732 (16.99%), 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 2014 to 2015, when the median household income increased by 11,291 (from $38,264 to $49,555). Similarly the most substantial year-by-year decline occured from 2015 to 2016, when the median household income decreased by 11,334 (from $49,555 to $38,221).
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- With a Gini coefficient of 0.5069, it is evident that income distribution in Smithville, GA exihibits characterstics of moderate inequality .
- NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $69,531.
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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)