Gender
In Warrick County, the population consists of 31,265 males (49.18%) and 32,310 females (50.82%). Here are the primary highlights from the gender-based income distribution analysis:
- In Warrick County, the median income for all workers aged 15 years and older, regardless of work hours, was $55,632 for males and $31,771 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $72,535 for males and $55,708 for females.
- In Warrick County, the median income for all workers aged 15 years and older, regardless of work hours, was $55,632 for males and $31,771 for females.
- In Warrick County, among full-time, year-round workers aged 15 years and older, males earned a median income of $72,535, while females earned $55,708, leading to a 23% gender pay gap among full-time workers. This illustrates that women earn 77 cents for each dollar earned by men in full-time roles. This analysis indicates a widening gender pay gap, showing a substantial income disparity where women, despite working full-time, face a more significant wage discrepancy compared to men in the same roles.
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Race
In Warrick County, the population is predominantly White, constituting 92.12% 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 $80,614.
- In Warrick County, despite the White population being the most populous, it is worth noting that Two or More Races households actually reports the highest median household income, with a median income of $136,429. This reveals that, while Whites may be the most numerous in Warrick County, Two or More Races households experience greater economic prosperity in terms of median household income.
- In Warrick County, there was no reported median household income for White households in 2012. However, in 2022, the median household income increased to $80,614, marking a significant change.
- In Warrick County, there was no reported median household income for Black or African American households in 2012. However, in 2022, the median household income increased to $77,388, marking a significant change.
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Year by year
Warrick County, IN median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Warrick County increased by $8,407 (9.99%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 5 years and declined for 6 years.
- The most significant year-by-year growth occured from 2019 to 2020, when the median household income increased by 5,235 (from $84,373 to $89,608). Similarly the most substantial year-by-year decline occured from 2011 to 2012, when the median household income decreased by 3,617 (from $82,960 to $79,343).
- It then further increased to $59,793 for 7-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.4619, it is evident that income distribution in Warrick County, IN exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $102,656. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $44,506.
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