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 St. Marys County, the population consists of 56,883 males (50.25%) and 56,326 females (49.75%). Here are the primary highlights from the gender-based income distribution analysis:
- In St. Marys County, the median income for all workers aged 15 years and older, regardless of work hours, was $73,013 for males and $44,082 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $91,566 for males and $67,677 for females.
- In St. Marys County, the median income for all workers aged 15 years and older, regardless of work hours, was $73,013 for males and $44,082 for females.
- In St. Marys County, among full-time, year-round workers aged 15 years and older, males earned a median income of $91,566, while females earned $67,677, leading to a 26% gender pay gap among full-time workers. This illustrates that women earn 74 cents for each dollar earned by men in full-time roles. This analysis indicates a widening gender pay gap, showing a substantial income disparity where women, despite working full-time, face a more significant wage discrepancy compared to men in the same roles.
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Race
In St. Marys County, the population is predominantly White, constituting 75.18% 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 $123,209.
- In St. Marys County, White is both the largest group and the one with the highest median household income, which stands at $123,209.
- In St. Marys County, the median household income for the households where the householder is White increased by $5,801(4.94%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $117,408 in 2012 and $123,209 in 2022.
- In St. Marys County, the median household income for the households where the householder is Black or African American decreased by $660(0.79%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $83,363 in 2012 and $82,703 in 2022.
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Year by year
St. Marys County, MD median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for St. Marys County increased by $3,168 (2.93%), 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 2019 to 2020, when the median household income increased by 5,465 (from $103,162 to $108,627). Similarly the most substantial year-by-year decline occured from 2016 to 2017, when the median household income decreased by 2,572 (from $106,175 to $103,603).
- It then further increased to $250,001 for 7-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.4344, it is evident that income distribution in St. Marys County, MD exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $135,547. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $63,049.
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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)