Gender
In Tolstoy, the population consists of 25 males (50.00%) and 25 females (50.00%). Here are the primary highlights from the gender-based income distribution analysis:
- In Tolstoy, the median income for all workers aged 15 years and older, regardless of work hours, was $50,217 for males and $25,401 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $52,694 for males and $25,942 for females.
- In Tolstoy, the median income for all workers aged 15 years and older, regardless of work hours, was $50,217 for males and $25,401 for females.
- In Tolstoy, among full-time, year-round workers aged 15 years and older, males earned a median income of $52,694, while females earned $25,942, leading to a 51% gender pay gap among full-time workers. This illustrates that women earn 49 cents for each dollar earned by men in full-time roles. This level of income gap emphasizes the urgency to address and rectify this ongoing disparity, where women, despite working full-time, face a more significant wage discrepancy compared to men in the same employment roles.
Read more about Tolstoy, SD income by gender ➔
Race
In Tolstoy, the population is predominantly White, constituting 100% 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 $71,835.
- In Tolstoy, White is both the largest group and the one with the highest median household income, which stands at $71,835.
- In Tolstoy, the median household income for the households where the householder is White increased by $39,146(119.75%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $32,689 in 2011 and $71,835 in 2021.
- As per the U.S. Census Bureau population data, in Tolstoy, there are no households where the householder is Black or African American; hence, the median household income for the Black or African American population is not applicable.
Read more about Tolstoy, SD median household income by race ➔
Year by year
Tolstoy, SD median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Tolstoy increased by $38,103 (112.96%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 8 years and declined for 3 years.
- The most significant year-by-year growth occured from 2018 to 2019, when the median household income increased by 30,437 (from $30,323 to $60,760). Similarly the most substantial year-by-year decline occured from 2013 to 2014, when the median household income decreased by 11,026 (from $38,639 to $27,613).
- Additionally, the Census Bureau did not report a median household income for larger household sizes.
- With a Gini coefficient of 0.2591, it is evident that income distribution in Tolstoy, SD exihibits characterstics of moderate equality .
- NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $42,405.
Read more about Tolstoy, SD median household income ➔