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
Gender
In Union City, the population consists of 33,198 males (48.89%) and 34,705 females (51.11%). Here are the primary highlights from the gender-based income distribution analysis:
- In Union City, the median income for all workers aged 15 years and older, regardless of work hours, was $32,080 for males and $25,718 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $48,137 for males and $41,683 for females.
- In Union City, the median income for all workers aged 15 years and older, regardless of work hours, was $32,080 for males and $25,718 for females.
- In Union City, among full-time, year-round workers aged 15 years and older, males earned a median income of $48,137, while females earned $41,683, resulting in a 13% gender pay gap among full-time workers. This illustrates that women earn 87 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 city of Union City.
Read more about Union City, NJ income by gender ➔
Race
In Union City, the population is predominantly White, constituting 50.54% 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 $71,543.
- In Union City, despite the White population being the most populous, it is worth noting that Asian households actually reports the highest median household income, with a median income of $107,941. This reveals that, while Whites may be the most numerous in Union City, Asian households experience greater economic prosperity in terms of median household income.
- In Union City, the median household income for the households where the householder is White increased by $17,715(32.91%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $53,828 in 2012 and $71,543 in 2022.
- In Union City, the median household income for the households where the householder is Black or African American decreased by $16,948(19.26%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $88,003 in 2012 and $71,055 in 2022.
Read more about Union City, NJ median household income by race ➔
Year by year
Union City, NJ median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Union City increased by $3,275 (6.04%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 6 years and declined for 5 years.
- The most significant year-by-year growth occured from 2018 to 2019, when the median household income increased by 2,902 (from $53,351 to $56,253). Similarly the most substantial year-by-year decline occured from 2010 to 2011, when the median household income decreased by 1,761 (from $54,205 to $52,444).
- It then further increased to $46,528 for 7-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.4301, it is evident that income distribution in Union City, NJ exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $58,495. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $47,773.
Read more about Union City, NJ median household income ➔
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)