Age of householder
Per the latest American Community Survey by the Census Bureau, Steele City sees its highest median household income among householders in the age group of 65 years and over old, at $22,294. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, Steele City only reports a median household income of $22,294 among householders in the 65 years and over age group.
- Notably, household income for individuals within the 65 years and over age group demonstrated the smallest decline of $18,022(44.70%), declining from a median of $40,316 in 2011 to $22,294 in 2021.
- 2(6.90%) households where the householder is under 25 years old.
- 7(24.14%) households with a householder aged between 25 and 44 years.
- 7(24.14%) households with a householder aged between 45 and 64 years.
- 13(44.83%) households where the householder is over 65 years old.
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Gender
In Steele City, the population consists of 23 males (58.97%) and 16 females (41.03%). Here are the primary highlights from the gender-based income distribution analysis:
- In Steele City, the median income for all workers aged 15 years and older, regardless of work hours, was $43,816 for males and $17,565 for females.
- However, when specifically considering full-time, year-round workers within the same age group, while the Census reported a median income of $44,202 for males, while data for females was unavailable due to an insufficient number of sample observations.
- In Steele City, the median income for all workers aged 15 years and older, regardless of work hours, was $43,816 for males and $17,565 for females.
- In Steele City, for full-time, year-round workers aged 15 years and older, while the Census reported a median income of $44,202 for males, while data for females was unavailable due to an insufficient number of sample observations.
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Race
In Steele City, the population is predominantly White, constituting 100% 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 $43,816.
- In Steele City, White is both the largest group and the one with the highest median household income, which stands at $43,816.
- In Steele City, the median household income for the households where the householder is White increased by $15,123(52.71%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $28,693 in 2011 and $43,816 in 2021.
- As per the U.S. Census Bureau population data, in Steele City, 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
Steele City, NE median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Steele City increased by $9,241 (26.73%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 6 years and declined for 5 years.
- The most significant year-by-year growth occured from 2016 to 2017, when the median household income increased by 22,408 (from $38,221 to $60,629). Similarly the most substantial year-by-year decline occured from 2018 to 2019, when the median household income decreased by 12,857 (from $56,992 to $44,135).
- Additionally, the Census Bureau did not report a median household income for larger household sizes.
- With a Gini coefficient of 0.362, it is evident that income distribution in Steele City, NE exihibits characterstics of moderate equality .
- NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $27,958.
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