Age of householder
Per the latest American Community Survey by the Census Bureau, Union Springs sees its highest median household income among householders in the age group of 45 to 64 years old, at $26,519. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Union Springs, where there exist only two delineated age groups, the median household income is $26,519 for householders within the 45 to 64 years age group, compared to $21,724 for the 25 to 44 years age group.
- Notably, household income for individuals within the 25 to 44 years age group demonstrated a remarkable increase of $9,327(75.24%), escalating from a median of $12,397 in 2011 to $21,724 in 2021.
- 11(0.96%) households where the householder is under 25 years old.
- 405(35.53%) households with a householder aged between 25 and 44 years.
- 441(38.68%) households with a householder aged between 45 and 64 years.
- 283(24.82%) households where the householder is over 65 years old.
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Gender
In Union Springs, the population consists of 1,678 males (49.51%) and 1,711 females (50.49%). Here are the primary highlights from the gender-based income distribution analysis:
- In Union Springs, the median income for all workers aged 15 years and older, regardless of work hours, was $22,829 for males and $14,739 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $38,398 for males and $22,113 for females.
- In Union Springs, the median income for all workers aged 15 years and older, regardless of work hours, was $22,829 for males and $14,739 for females.
- In Union Springs, among full-time, year-round workers aged 15 years and older, males earned a median income of $38,398, while females earned $22,113, leading to a 42% gender pay gap among full-time workers. This illustrates that women earn 58 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.
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Race
In Union Springs, the population is predominantly Black or African American, constituting 76.60% of the total residents. Here are the key highlights from the analysis of income distribution by race:
- The median household income for Black or African American households is $22,849.
- In Union Springs, Black or African American is both the largest group and the one with the highest median household income, which stands at $22,849.
- In Union Springs, the median household income for White households was $45,311 in 2011(2022 inflation-adjusted dollars). However there is no reported data for 2021, indicating a lack of information for this specific year.
- In Union Springs, the median household income for the households where the householder is Black or African American decreased by $7,389(24.44%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $30,238 in 2011 and $22,849 in 2021.
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Year by year
Union Springs, AL median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Union Springs decreased by $8,193 (27.02%), 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 2013 to 2014, when the median household income increased by 6,855 (from $32,890 to $39,745). Similarly the most substantial year-by-year decline occured from 2015 to 2016, when the median household income decreased by 4,891 (from $37,206 to $32,315).
- It then further increased to $23,444 for 4-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.5094, it is evident that income distribution in Union Springs, AL exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $23,798. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $14,443.
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