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
Gender
In Southampton town, the population consists of 35,127 males (51.88%) and 32,577 females (48.12%). Here are the primary highlights from the gender-based income distribution analysis:
- In Southampton town, the median income for all workers aged 15 years and older, regardless of work hours, was $58,237 for males and $40,734 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $81,308 for males and $71,359 for females.
- In Southampton town, the median income for all workers aged 15 years and older, regardless of work hours, was $58,237 for males and $40,734 for females.
- In Southampton town, among full-time, year-round workers aged 15 years and older, males earned a median income of $81,308, while females earned $71,359, resulting in a 12% gender pay gap among full-time workers. This illustrates that women earn 88 cents for each dollar earned by men in full-time positions. While this gap shows a trend where women are inching closer to wage parity with men, it also exhibits a noticeable income difference for women working full-time in the town of Southampton town.
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Race
In Southampton town, the population is predominantly White, constituting 78.47% 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 $143,054.
- In Southampton town, despite the White population being the most populous, it is worth noting that Asian households actually reports the highest median household income, with a median income of $225,876. This reveals that, while Whites may be the most numerous in Southampton town, Asian households experience greater economic prosperity in terms of median household income.
- In Southampton town, there was no reported median household income for White households in 2012. However, in 2022, the median household income increased to $143,054, marking a significant change.
- In Southampton town, there was no reported median household income for Black or African American households in 2012. However, in 2022, the median household income increased to $94,402, marking a significant change.
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Year by year
Southampton Town, New York median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Southampton town increased by $17,055 (17.01%), 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 2018 to 2019, when the median household income increased by 5,124 (from $104,279 to $109,403). Similarly the most substantial year-by-year decline occured from 2013 to 2014, when the median household income decreased by 2,861 (from $98,580 to $95,719).
- It then further increased to $137,263 for 7-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.5485, it is evident that income distribution in Southampton Town, New York exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $160,899. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $72,974.
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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)