Age of householder
Per the latest American Community Survey by the Census Bureau, South Congaree sees its highest median household income among householders in the age group of 45 to 64 years old, at $73,953. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in South Congaree, the median household income stands at $73,953 for householders within the 45 to 64 years age group, followed by $42,887 for the 25 to 44 years age group. Notably, householders within the 65 years and over age group, had the lowest median household income at $40,227.
- Notably, household income for individuals within the 45 to 64 years age group demonstrated a remarkable increase of $24,245(48.77%), escalating from a median of $49,708 in 2011 to $73,953 in 2021.
- 31(3.12%) households where the householder is under 25 years old.
- 362(36.38%) households with a householder aged between 25 and 44 years.
- 369(37.09%) households with a householder aged between 45 and 64 years.
- 233(23.42%) households where the householder is over 65 years old.
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Gender
In South Congaree, the population consists of 1,277 males (48.87%) and 1,336 females (51.13%). Here are the primary highlights from the gender-based income distribution analysis:
- In South Congaree, the median income for all workers aged 15 years and older, regardless of work hours, was $34,710 for males and $24,071 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $42,580 for males and $45,638 for females.
- In South Congaree, the median income for all workers aged 15 years and older, regardless of work hours, was $34,710 for males and $24,071 for females.
- In South Congaree, among full-time, year-round workers aged 15 years and older, males earned a median income of $42,580, while females earned $45,638
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Race
In South Congaree, the population is predominantly White, constituting 79.26% 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 $52,087.
- In South Congaree, White is both the largest group and the one with the highest median household income, which stands at $52,087.
- In South Congaree, the median household income for the households where the householder is White decreased by $1,792(3.33%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $53,879 in 2011 and $52,087 in 2021.
- In South Congaree, the median household income for the households where the householder is Black or African American decreased by $8,354(19.83%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $42,133 in 2011 and $33,779 in 2021.
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Year by year
South Congaree, SC median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for South Congaree decreased by $2,294 (4.26%), 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 3,276 (from $53,879 to $57,155). Similarly the most substantial year-by-year decline occured from 2014 to 2015, when the median household income decreased by 3,667 (from $57,397 to $53,730).
- It then further increased to $155,156 for 5-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.37, it is evident that income distribution in South Congaree, SC exihibits characterstics of moderate equality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $54,910. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $36,144.
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