Age of householder
Per the latest American Community Survey by the Census Bureau, South Lead Hill sees its highest median household income among householders in the age group of 65 years and over old, at $43,912. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in South Lead Hill, the median household income stands at $43,912 for householders within the 65 years and over age group, followed by $39,183 for the 25 to 44 years age group. Notably, householders within the 45 to 64 years age group, had the lowest median household income at $33,779.
- Notably, household income for individuals within the 45 to 64 years age group demonstrated a remarkable increase of $14,983(79.71%), escalating from a median of $18,796 in 2011 to $33,779 in 2021.
- 0 households where the householder is under 25 years old.
- 4(21.05%) households with a householder aged between 25 and 44 years.
- 8(42.11%) households with a householder aged between 45 and 64 years.
- 7(36.84%) households where the householder is over 65 years old.
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Gender
In South Lead Hill, the population consists of 21 males (53.85%) and 18 females (46.15%). Here are the primary highlights from the gender-based income distribution analysis:
- In South Lead Hill, the median income for all workers aged 15 years and older, regardless of work hours, was $17,565 for males and $15,201 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the Census Bureau did not report the median income for both males and females due to an insufficient number of sample observations.
- In South Lead Hill, the median income for all workers aged 15 years and older, regardless of work hours, was $17,565 for males and $15,201 for females.
- In South Lead Hill, for full-time, year-round workers aged 15 years and older, the Census Bureau did not report the median income for both males and females due to an insufficient number of sample observations.
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Race
In South Lead Hill, the population is predominantly White, constituting 94.87% 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 $34,792.
- In South Lead Hill, White is both the largest group and the one with the highest median household income, which stands at $34,792.
- In South Lead Hill, the median household income for the households where the householder is White increased by $2,284(7.03%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $32,508 in 2011 and $34,792 in 2021.
- As per the U.S. Census Bureau population data, in South Lead Hill, 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 Lead Hill, AR median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for South Lead Hill increased by $8,557 (28.79%), 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 2011 to 2012, when the median household income increased by 16,803 (from $32,508 to $49,311). Similarly the most substantial year-by-year decline occured from 2015 to 2016, when the median household income decreased by 12,883 (from $51,104 to $38,221).
- Additionally, the Census Bureau did not report a median household income for larger household sizes.
- With a Gini coefficient of 0.2364, it is evident that income distribution in South Lead Hill, AR exihibits characterstics of moderate equality .
- NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $57,559.
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