Age of householder
Per the latest American Community Survey by the Census Bureau, Toksook Bay sees its highest median household income among householders in the age group of 45 to 64 years old, at $81,879. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Toksook Bay, the median household income stands at $81,879 for householders within the 45 to 64 years age group, followed by $51,794 for the 65 years and over age group. Notably, householders within the 25 to 44 years age group, had the lowest median household income at $32,157.
- Notably, household income for individuals within the 65 years and over age group demonstrated a remarkable increase of $9,570(22.66%), escalating from a median of $42,224 in 2011 to $51,794 in 2021.
- 0 households where the householder is under 25 years old.
- 44(24.86%) households with a householder aged between 25 and 44 years.
- 90(50.85%) households with a householder aged between 45 and 64 years.
- 43(24.29%) households where the householder is over 65 years old.
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Gender
In Toksook Bay, the population consists of 435 males (49.77%) and 439 females (50.23%). Here are the primary highlights from the gender-based income distribution analysis:
- In Toksook Bay, the median income for all workers aged 15 years and older, regardless of work hours, was $9,346 for males and $22,232 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $81,969 for males and $59,606 for females.
- In Toksook Bay, the median income for all workers aged 15 years and older, regardless of work hours, was $9,346 for males and $22,232 for females.
- In Toksook Bay, among full-time, year-round workers aged 15 years and older, males earned a median income of $81,969, while females earned $59,606, leading to a 27% gender pay gap among full-time workers. This illustrates that women earn 73 cents for each dollar earned by men in full-time roles. This analysis indicates a widening gender pay gap, showing a substantial income disparity where women, despite working full-time, face a more significant wage discrepancy compared to men in the same roles.
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Race
In Toksook Bay, the population is predominantly American Indian and Alaska Native, constituting 95.31% 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 $48,416.
- In Toksook Bay, American Indian and Alaska Native is both the largest group and the one with the highest median household income, which stands at $48,416.
- In Toksook Bay, the median household income for White households was $90,223 in 2011(2022 inflation-adjusted dollars). However there is no reported data for 2021, indicating a lack of information for this specific year.
- 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
Toksook Bay, AK median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Toksook Bay decreased by $23,779 (32.79%), 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 2012 to 2013, when the median household income increased by 11,378 (from $69,757 to $81,135). Similarly the most substantial year-by-year decline occured from 2015 to 2016, when the median household income decreased by 13,548 (from $79,288 to $65,740).
- It then further increased to $62,603 for 7-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.4186, it is evident that income distribution in Toksook Bay, AK exihibits characterstics of moderate inequality .
- NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $0.
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