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
Age of householder
Per the latest American Community Survey by the Census Bureau, South Mansfield sees its highest median household income among householders in the age group of 45 to 64 years old, at $49,992. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in South Mansfield, the median household income stands at $49,992 for householders within the 45 to 64 years age group, followed by $14,712 for the 65 years and over age group. Notably, householders within the 25 to 44 years age group, had the lowest median household income at $13,692.
- Notably, household income for individuals within the 45 to 64 years age group demonstrated a remarkable increase of $18,610(59.30%), escalating from a median of $31,382 in 2011 to $49,992 in 2021.
- 0 households where the householder is under 25 years old.
- 58(22.57%) households with a householder aged between 25 and 44 years.
- 47(18.29%) households with a householder aged between 45 and 64 years.
- 152(59.14%) households where the householder is over 65 years old.
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Gender
In South Mansfield, the population consists of 228 males (40.43%) and 336 females (59.57%). Here are the primary highlights from the gender-based income distribution analysis:
- In South Mansfield, the median income for all workers aged 15 years and older, regardless of work hours, was $21,522 for males and $13,689 for females.
- However, when specifically considering full-time, year-round workers within the same age group, while the Census reported a median income of $34,079 for males, while data for females was unavailable due to an insufficient number of sample observations.
- In South Mansfield, the median income for all workers aged 15 years and older, regardless of work hours, was $21,522 for males and $13,689 for females.
- In South Mansfield, for full-time, year-round workers aged 15 years and older, while the Census reported a median income of $34,079 for males, while data for females was unavailable due to an insufficient number of sample observations.
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Race
In South Mansfield, the population is predominantly Black or African American, constituting 81.21% of the total residents. Here are the key highlights from the analysis of income distribution by race:
- The median household income for Black or African American households is $18,916.
- In South Mansfield, despite the Black or African American population being the most populous, it is worth noting that Two or More Races households actually reports the highest median household income, with a median income of $21,078. This reveals that, while Black or African Americans may be the most numerous in South Mansfield, Two or More Races households experience greater economic prosperity in terms of median household income.
- In South Mansfield, the median household income for the households where the householder is White increased by $2,745(27.23%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $10,079 in 2011 and $12,824 in 2021.
- In South Mansfield, the median household income for the households where the householder is Black or African American decreased by $2,986(13.63%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $21,902 in 2011 and $18,916 in 2021.
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Year by year
South Mansfield, LA median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for South Mansfield decreased by $2,614 (14.42%), 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 2019 to 2020, when the median household income increased by 2,685 (from $18,966 to $21,651). Similarly the most substantial year-by-year decline occured from 2020 to 2021, when the median household income decreased by 6,133 (from $21,651 to $15,518).
- Additionally, the Census Bureau did not report a median household income for larger household sizes.
- With a Gini coefficient of 0.5298, it is evident that income distribution in South Mansfield, LA exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $0. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $13,427.
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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)