Age of householder
Per the latest American Community Survey by the Census Bureau, South Bend sees its highest median household income among householders in the age group of 45 to 64 years old, at $56,297. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in South Bend, where there exist only two delineated age groups, the median household income is $56,297 for householders within the 45 to 64 years age group, compared to $47,290 for the 65 years and over age group.
- Notably, household income for individuals within the 45 to 64 years age group demonstrated the smallest decline of $11,805(17.33%), declining from a median of $68,102 in 2011 to $56,297 in 2021.
- 0 households where the householder is under 25 years old.
- 7(16.67%) households with a householder aged between 25 and 44 years.
- 23(54.76%) households with a householder aged between 45 and 64 years.
- 12(28.57%) households where the householder is over 65 years old.
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Gender
In South Bend, the population consists of 55 males (50.93%) and 53 females (49.07%). Here are the primary highlights from the gender-based income distribution analysis:
- In South Bend, the median income for all workers aged 15 years and older, regardless of work hours, was $35,130 for males and $20,163 for females.
- However, when specifically considering full-time, year-round workers within the same age group, while the Census reported a median income of $46,614 for males, while data for females was unavailable due to an insufficient number of sample observations.
- In South Bend, the median income for all workers aged 15 years and older, regardless of work hours, was $35,130 for males and $20,163 for females.
- In South Bend, for full-time, year-round workers aged 15 years and older, while the Census reported a median income of $46,614 for males, while data for females was unavailable due to an insufficient number of sample observations.
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Race
In South Bend, the population is predominantly White, constituting 97.22% 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 $56,147.
- In South Bend, White is both the largest group and the one with the highest median household income, which stands at $56,147.
- In South Bend, the median household income for the households where the householder is White decreased by $20,673(26.91%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $76,820 in 2011 and $56,147 in 2021.
- As per the U.S. Census Bureau population data, in South Bend, there are no households where the householder is Black or African American; hence, the median household income for the Black or African American population is not applicable.
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Year by year
South Bend, NE median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for South Bend decreased by $14,509 (20.62%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 4 years and declined for 7 years.
- The most significant year-by-year growth occured from 2011 to 2012, when the median household income increased by 6,966 (from $76,820 to $83,786). Similarly the most substantial year-by-year decline occured from 2017 to 2018, when the median household income decreased by 13,528 (from $77,096 to $63,568).
- It then further increased to $59,450 for 2-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.3232, it is evident that income distribution in South Bend, NE exihibits characterstics of moderate equality .
- NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $34,991.
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