Gender
In Tremont, the population consists of 190 males (48.22%) and 204 females (51.78%). Here are the primary highlights from the gender-based income distribution analysis:
- In Tremont, the median income for all workers aged 15 years and older, regardless of work hours, was $35,400 for males and $18,265 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $55,397 for males and $49,362 for females.
- In Tremont, the median income for all workers aged 15 years and older, regardless of work hours, was $35,400 for males and $18,265 for females.
- In Tremont, among full-time, year-round workers aged 15 years and older, males earned a median income of $55,397, while females earned $49,362, resulting in a 11% gender pay gap among full-time workers. This illustrates that women earn 89 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 Tremont.
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Race
In Tremont, the population is predominantly White, constituting 99.49% 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 $36,649.
- In Tremont, White is both the largest group and the one with the highest median household income, which stands at $36,649.
- In Tremont, the median household income for the households where the householder is White decreased by $944(2.51%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $37,593 in 2011 and $36,649 in 2021.
- As per the U.S. Census Bureau population data, in Tremont, 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.
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Year by year
Tremont, MS median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Tremont increased by $364 (0.99%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 7 years and declined for 4 years.
- The most significant year-by-year growth occured from 2018 to 2019, when the median household income increased by 6,010 (from $43,028 to $49,038). Similarly the most substantial year-by-year decline occured from 2020 to 2021, when the median household income decreased by 7,529 (from $44,517 to $36,988).
- It then further increased to $36,481 for 6-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.4867, it is evident that income distribution in Tremont, MS exihibits characterstics of moderate inequality .
- NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $24,321.
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