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, Tallulah Falls sees its highest median household income among householders in the age group of 25 to 44 years old, at $136,014. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Tallulah Falls, where there exist only two delineated age groups, the median household income is $136,014 for householders within the 25 to 44 years age group, compared to $49,992 for the 45 to 64 years age group.
- Notably, household income for individuals within the 25 to 44 years age group demonstrated a remarkable increase of $77,718(133.32%), escalating from a median of $58,296 in 2011 to $136,014 in 2021.
- 0 households where the householder is under 25 years old.
- 14(24.14%) households with a householder aged between 25 and 44 years.
- 31(53.45%) households with a householder aged between 45 and 64 years.
- 13(22.41%) households where the householder is over 65 years old.
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Gender
In Tallulah Falls, the population consists of 92 males (32.51%) and 191 females (67.49%). Here are the primary highlights from the gender-based income distribution analysis:
- In Tallulah Falls, the median income for all workers aged 15 years and older, regardless of work hours, was $46,209 for males and $17,907 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the Census reported a median income of $47,290 for females, while data for males was unavailable due to an insufficient number of sample observations.
- In Tallulah Falls, the median income for all workers aged 15 years and older, regardless of work hours, was $46,209 for males and $17,907 for females.
- In Tallulah Falls, for full-time, year-round workers aged 15 years and older, the Census reported a median income of $47,290 for females, while data for males was unavailable due to an insufficient number of sample observations.
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Race
In Tallulah Falls, the population is predominantly White, constituting 81.98% 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 $64,517.
- In Tallulah Falls, White is both the largest group and the one with the highest median household income, which stands at $64,517.
- In Tallulah Falls, the median household income for the households where the householder is White increased by $8,400(14.97%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $56,117 in 2011 and $64,517 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
Tallulah Falls, GA median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Tallulah Falls increased by $38,643 (133.65%), 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 30,126 (from $46,503 to $76,629). Similarly the most substantial year-by-year decline occured from 2018 to 2019, when the median household income decreased by 17,978 (from $64,481 to $46,503).
- Additionally, the Census Bureau did not report a median household income for larger household sizes.
- With a Gini coefficient of 0.3341, it is evident that income distribution in Tallulah Falls, GA exihibits characterstics of moderate equality .
- NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $54,522.
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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)