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, Teller sees its highest median household income among householders in the age group of 25 to 44 years old, at $53,370. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Teller, the median household income stands at $53,370 for householders within the 25 to 44 years age group, followed by $35,130 for the 45 to 64 years age group. Notably, householders within the 65 years and over age group, had the lowest median household income at $15,426.
- Notably, household income for individuals within the 45 to 64 years age group demonstrated the smallest decline of $283(0.80%), declining from a median of $35,413 in 2011 to $35,130 in 2021.
- 3(4%) households where the householder is under 25 years old.
- 21(28%) households with a householder aged between 25 and 44 years.
- 34(45.33%) households with a householder aged between 45 and 64 years.
- 17(22.67%) households where the householder is over 65 years old.
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Gender
In Teller, the population consists of 136 males (54.40%) and 114 females (45.60%). Here are the primary highlights from the gender-based income distribution analysis:
- In Teller, the median income for all workers aged 15 years and older, regardless of work hours, was $13,361 for males and $16,020 for females.
- However, when specifically considering full-time, year-round workers within the same age group, while the Census reported a median income of $35,580 for males, while data for females was unavailable due to an insufficient number of sample observations.
- In Teller, the median income for all workers aged 15 years and older, regardless of work hours, was $13,361 for males and $16,020 for females.
- In Teller, for full-time, year-round workers aged 15 years and older, while the Census reported a median income of $35,580 for males, while data for females was unavailable due to an insufficient number of sample observations.
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Race
In Teller, the population is predominantly American Indian and Alaska Native, constituting 98% of the total residents. Here are the key highlights from the analysis of income distribution by race:
- The median household income for American Indian and Alaska Native households is $35,130.
- In Teller, American Indian and Alaska Native is both the largest group and the one with the highest median household income, which stands at $35,130.
- Even though there is a population where the householder is White, there was no median household income reported by the U.S. Census Bureau for both 2011 and 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
Teller, AK median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Teller decreased by $12,125 (25.91%), 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 2016 to 2017, when the median household income increased by 7,549 (from $32,870 to $40,419). Similarly the most substantial year-by-year decline occured from 2011 to 2012, when the median household income decreased by 9,695 (from $44,597 to $34,902).
- It then further increased to $65,755 for 6-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.541, it is evident that income distribution in Teller, AK exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $34,679. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $13,511.
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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)