Age of householder
Per the latest American Community Survey by the Census Bureau, Wall sees its highest median household income among householders in the age group of 25 to 44 years old, at $79,717. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, Wall only reports a median household income of $79,717 among householders in the 25 to 44 years age group.
- Notably, household income for individuals within the 25 to 44 years age group demonstrated the smallest decline of $1,189(1.47%), declining from a median of $80,906 in 2011 to $79,717 in 2021.
- 7(2.69%) households where the householder is under 25 years old.
- 81(31.15%) households with a householder aged between 25 and 44 years.
- 64(24.62%) households with a householder aged between 45 and 64 years.
- 108(41.54%) households where the householder is over 65 years old.
Read more about Wall, SD median household income by age ➔
Gender
In Wall, the population consists of 246 males (38.44%) and 394 females (61.56%). Here are the primary highlights from the gender-based income distribution analysis:
- In Wall, the median income for all workers aged 15 years and older, regardless of work hours, was $55,216 for males and $28,894 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $64,275 for males and $37,736 for females.
- In Wall, the median income for all workers aged 15 years and older, regardless of work hours, was $55,216 for males and $28,894 for females.
- In Wall, among full-time, year-round workers aged 15 years and older, males earned a median income of $64,275, while females earned $37,736, leading to a 41% gender pay gap among full-time workers. This illustrates that women earn 59 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 Wall, SD income by gender ➔
Race
In Wall, the population is predominantly White, constituting 70.94% 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 $72,531.
- In Wall, White is both the largest group and the one with the highest median household income, which stands at $72,531.
- In Wall, the median household income for the households where the householder is White increased by $4,000(5.84%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $68,531 in 2011 and $72,531 in 2021.
- 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.
Read more about Wall, SD median household income by race ➔
Year by year
Wall, SD median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Wall decreased by $5,867 (8.03%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 3 years and declined for 8 years.
- The most significant year-by-year growth occured from 2018 to 2019, when the median household income increased by 15,782 (from $63,568 to $79,350). Similarly the most substantial year-by-year decline occured from 2019 to 2020, when the median household income decreased by 8,613 (from $79,350 to $70,737).
- It then further increased to $106,248 for 2-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.4665, it is evident that income distribution in Wall, SD exihibits characterstics of moderate inequality .
- NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $55,397.
Read more about Wall, SD median household income ➔