Age of householder
Per the latest American Community Survey by the Census Bureau, Warm Springs sees its highest median household income among householders in the age group of 45 to 64 years old, at $56,567. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Warm Springs, where there exist only two delineated age groups, the median household income is $56,567 for householders within the 45 to 64 years age group, compared to $46,277 for the 65 years and over age group.
- Notably, household income for individuals within the 45 to 64 years age group demonstrated a remarkable increase of $28,127(98.90%), escalating from a median of $28,440 in 2011 to $56,567 in 2021.
- 10(5.62%) households where the householder is under 25 years old.
- 37(20.79%) households with a householder aged between 25 and 44 years.
- 88(49.44%) households with a householder aged between 45 and 64 years.
- 43(24.16%) households where the householder is over 65 years old.
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Gender
In Warm Springs, the population consists of 334 males (53.78%) and 287 females (46.22%). Here are the primary highlights from the gender-based income distribution analysis:
- In Warm Springs, the median income for all workers aged 15 years and older, regardless of work hours, was $32,991 for males and $19,930 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $34,182 for males and $34,049 for females.
- In Warm Springs, the median income for all workers aged 15 years and older, regardless of work hours, was $32,991 for males and $19,930 for females.
- In Warm Springs, for all full-time workers aged 15 years and older, the median income was equal at, $34,049 for both males and females. This indicates a gender income balance in Warm Springs, where both men and women, in full-time year-round roles, earn an equal income.
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Race
In Warm Springs, the population is predominantly Black or African American, constituting 51.53% 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 not available from the U.S. Census Bureau, possibly due to insufficient sample size, confidentiality or privacy constraints..
- In Warm Springs, despite the Black or African American population being the most populous, there is no income data available in the latest American Community Survey for it. Based on analysis from all of the data that is available, it is worth noting that White households actually reports the highest median household income, with a median income of $61,187. This reveals that, while Black or African Americans may be the most numerous in Warm Springs, White households experience greater economic prosperity in terms of median household income.
- In Warm Springs, the median household income for the households where the householder is White increased by $21,142(52.80%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $40,045 in 2011 and $61,187 in 2021.
- In Warm Springs, the median household income for Black or African American households was $12,349 in 2011(2022 inflation-adjusted dollars). However there is no reported data for 2021, indicating a lack of information for this specific year.
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Year by year
Warm Springs, GA median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Warm Springs increased by $20,188 (74.20%), 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 2014 to 2015, when the median household income increased by 8,300 (from $31,690 to $39,990). Similarly the most substantial year-by-year decline occured from 2017 to 2018, when the median household income decreased by 5,454 (from $44,910 to $39,456).
- It then further increased to $60,801 for 6-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.4064, it is evident that income distribution in Warm Springs, GA exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $54,767. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $31,887.
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