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, Sulphur Rock sees its highest median household income among householders in the age group of 25 to 44 years old, at $56,987. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Sulphur Rock, the median household income stands at $56,987 for householders within the 25 to 44 years age group, followed by $47,177 for the under 25 years age group. Notably, householders within the 45 to 64 years age group, had the lowest median household income at $45,887.
- Notably, household income for individuals within the Under 25 years age group demonstrated a remarkable increase of $23,594(100.05%), escalating from a median of $23,583 in 2011 to $47,177 in 2021.
- 17(7.20%) households where the householder is under 25 years old.
- 69(29.24%) households with a householder aged between 25 and 44 years.
- 117(49.58%) households with a householder aged between 45 and 64 years.
- 33(13.98%) households where the householder is over 65 years old.
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Gender
In Sulphur Rock, the population consists of 296 males (48.60%) and 313 females (51.40%). Here are the primary highlights from the gender-based income distribution analysis:
- In Sulphur Rock, the median income for all workers aged 15 years and older, regardless of work hours, was $37,531 for males and $22,406 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $41,801 for males and $39,602 for females.
- In Sulphur Rock, the median income for all workers aged 15 years and older, regardless of work hours, was $37,531 for males and $22,406 for females.
- In Sulphur Rock, among full-time, year-round workers aged 15 years and older, males earned a median income of $41,801, while females earned $39,602, resulting in a 5% gender pay gap among full-time workers. This illustrates that women earn 95 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 Sulphur Rock.
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Race
In Sulphur Rock, the population is predominantly White, constituting 83.25% 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 $45,514.
- In Sulphur Rock, White is both the largest group and the one with the highest median household income, which stands at $45,514.
- In Sulphur Rock, the median household income for the households where the householder is White increased by $4,652(11.38%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $40,862 in 2011 and $45,514 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.
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Year by year
Sulphur Rock, AR median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Sulphur Rock increased by $2,987 (6.81%), 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 2017 to 2018, when the median household income increased by 14,910 (from $33,801 to $48,711). Similarly the most substantial year-by-year decline occured from 2019 to 2020, when the median household income decreased by 8,223 (from $52,866 to $44,643).
- It then further decreased to 46,051 for 4-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.3986, it is evident that income distribution in Sulphur Rock, AR exihibits characterstics of moderate equality .
- NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $32,127.
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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)