Age of householder
Per the latest American Community Survey by the Census Bureau, South Corning sees its highest median household income among householders in the age group of 45 to 64 years old, at $88,125. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in South Corning, householders within the 45 to 64 years age group have the highest median household income at $88,125, followed by those in the 25 to 44 years age group with an income of $55,397. Meanwhile householders within the 65 years and over age group report the second lowest median household income of $34,164. Notably, householders within the under 25 years age group, had the lowest median household income at $32,766.
- Notably, household income for individuals within the 45 to 64 years age group demonstrated a remarkable increase of $1,135(1.30%), escalating from a median of $86,990 in 2011 to $88,125 in 2021.
- 15(3.07%) households where the householder is under 25 years old.
- 125(25.61%) households with a householder aged between 25 and 44 years.
- 193(39.55%) households with a householder aged between 45 and 64 years.
- 155(31.76%) households where the householder is over 65 years old.
Read more about South Corning, NY median household income by age ➔
Gender
In South Corning, the population consists of 468 males (44.57%) and 582 females (55.43%). Here are the primary highlights from the gender-based income distribution analysis:
- In South Corning, the median income for all workers aged 15 years and older, regardless of work hours, was $42,110 for males and $25,822 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $59,788 for males and $64,254 for females.
- In South Corning, the median income for all workers aged 15 years and older, regardless of work hours, was $42,110 for males and $25,822 for females.
- In South Corning, among full-time, year-round workers aged 15 years and older, males earned a median income of $59,788, while females earned $64,254
Read more about South Corning, NY income by gender ➔
Race
In South Corning, the population is predominantly White, constituting 92.48% 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 $59,450.
- In South Corning, White is both the largest group and the one with the highest median household income, which stands at $59,450.
- In South Corning, the median household income for the households where the householder is White decreased by $15,736(20.93%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $75,186 in 2011 and $59,450 in 2021.
- In South Corning, the median household income for the households where the householder is Black or African American decreased by $21,722(41.27%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $52,630 in 2011 and $30,908 in 2021.
Read more about South Corning, NY median household income by race ➔
Year by year
South Corning, NY median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for South Corning decreased by $16,936 (23.23%), 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 2012 to 2013, when the median household income increased by 16,704 (from $72,045 to $88,749). Similarly the most substantial year-by-year decline occured from 2013 to 2014, when the median household income decreased by 21,448 (from $88,749 to $67,301).
- It then further increased to $69,209 for 4-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.4391, it is evident that income distribution in South Corning, NY exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $68,181. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $33,655.
Read more about South Corning, NY median household income ➔