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 Stafford County, the population consists of 78,303 males (50.78%) and 75,901 females (49.22%). Here are the primary highlights from the gender-based income distribution analysis:
- In Stafford County, the median income for all workers aged 15 years and older, regardless of work hours, was $74,581 for males and $40,843 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $92,080 for males and $66,268 for females.
- In Stafford County, the median income for all workers aged 15 years and older, regardless of work hours, was $74,581 for males and $40,843 for females.
- In Stafford County, among full-time, year-round workers aged 15 years and older, males earned a median income of $92,080, while females earned $66,268, leading to a 28% gender pay gap among full-time workers. This illustrates that women earn 72 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 Stafford County, the population is predominantly White, constituting 63.30% 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 $136,977.
- In Stafford County, despite the White population being the most populous, it is worth noting that Black or African American households actually reports the highest median household income, with a median income of $145,685. This reveals that, while Whites may be the most numerous in Stafford County, Black or African American households experience greater economic prosperity in terms of median household income.
- In Stafford County, the median household income for the households where the householder is White increased by $8,112(6.29%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $128,865 in 2012 and $136,977 in 2022.
- In Stafford County, the median household income for the households where the householder is Black or African American increased by $18,307(14.37%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $127,378 in 2012 and $145,685 in 2022.
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Year by year
Stafford County, VA median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Stafford County increased by $3,942 (3.14%), 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 2016 to 2017, when the median household income increased by 4,076 (from $119,284 to $123,360). Similarly the most substantial year-by-year decline occured from 2014 to 2015, when the median household income decreased by 2,165 (from $122,514 to $120,349).
- It then further increased to $108,733 for 7-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.3384, it is evident that income distribution in Stafford County, VA exihibits characterstics of moderate equality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $143,895. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $80,440.
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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)