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, Stockton sees its highest median household income among householders in the age group of 45 to 64 years old, at $63,954. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Stockton, the median household income stands at $63,954 for householders within the 45 to 64 years age group, followed by $46,464 for the 25 to 44 years age group. Notably, householders within the 65 years and over age group, had the lowest median household income at $41,435.
- Notably, household income for individuals within the 65 years and over age group demonstrated a remarkable increase of $2,044(5.19%), escalating from a median of $39,391 in 2011 to $41,435 in 2021.
- 22(2.72%) households where the householder is under 25 years old.
- 289(35.72%) households with a householder aged between 25 and 44 years.
- 272(33.62%) households with a householder aged between 45 and 64 years.
- 226(27.94%) households where the householder is over 65 years old.
![Stockton, IL median household income by age of householder The bar chart shows Stockton, IL median household income by age of householder. All incomes have been adjusted for 2022 inflation using the Consumer Price Index retroactive series (R-CPI-U-RS).](https://i.neilsberg.com/ch/stockton-il-median-household-income-by-age.jpeg)
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Gender
In Stockton, the population consists of 831 males (46.74%) and 947 females (53.26%). Here are the primary highlights from the gender-based income distribution analysis:
- In Stockton, the median income for all workers aged 15 years and older, regardless of work hours, was $37,658 for males and $23,461 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $48,506 for males and $49,733 for females.
- In Stockton, the median income for all workers aged 15 years and older, regardless of work hours, was $37,658 for males and $23,461 for females.
- In Stockton, among full-time, year-round workers aged 15 years and older, males earned a median income of $48,506, while females earned $49,733
![Stockton, IL gender based income disparity Line chart showing the annual median income trends in Stockton, IL for males and females across four employment categories: (1) Males in full-time year-round positions, (2) Males in non-full-time roles (part-time and other employment types), (3) Females in full-time year-round positions, and (4) Females in non-full-time roles (part-time and other employment types).](https://i.neilsberg.com/ch/stockton-il-income-by-gender.jpeg)
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Race
In Stockton, the population is predominantly White, constituting 94.32% 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 $52,071.
- In Stockton, White is both the largest group and the one with the highest median household income, which stands at $52,071.
- In Stockton, the median household income for the households where the householder is White increased by $2,078(4.16%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $49,993 in 2011 and $52,071 in 2021.
- Even though there is a population where the householder is Black or African American, there was no median household income reported by the U.S. Census Bureau for both 2011 and 2021.
![Stockton, IL median household income diversity across racial categories The bar chart shows Stockton, IL median household income across all racial categories identified by the U.S. Census Bureau.](https://i.neilsberg.com/ch/stockton-il-median-household-income-by-race.jpeg)
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Year by year
Stockton, IL median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Stockton increased by $378 (0.73%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 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 5,563 (from $46,084 to $51,647). Similarly the most substantial year-by-year decline occured from 2017 to 2018, when the median household income decreased by 4,495 (from $51,647 to $47,152).
- It then further increased to $67,473 for 4-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.4116, it is evident that income distribution in Stockton, IL exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $64,653. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $41,158.
![Stockton, IL median household income trend (2010-2021, in 2022 inflation-adjusted dollars) The line chart shows Stockton, IL median household income from 2010 to 2021. The orange line represents Census Bureau data for median household income (without adjusting for any inflation), while the blue line shows inflation-adjusted median household income for 2022.](https://i.neilsberg.com/ch/stockton-il-median-household-income-trend.jpeg)
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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)