Warwick, GA Income

The inflation-adjusted median household income in Warwick was $48,735, based on U.S. Census Bureau ACS estimates.
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Updated Dec 15, 2023
Overview
$48,735
Median household income
0.4159
Gini coefficient
25 to 44 years ($49,521)
Highest median income age group
$128,148
Income of top 5%

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

Age of householder

Per the latest American Community Survey by the Census Bureau, Warwick sees its highest median household income among householders in the age group of 25 to 44 years old, at $49,521. Here are the key highlights for income distribution by age:

  • In terms of income distribution across age cohorts, in Warwick, the median household income stands at $49,521 for householders within the 25 to 44 years age group, followed by $37,381 for the under 25 years age group. Notably, householders within the 65 years and over age group, had the lowest median household income at $23,570.
  • Notably, household income for individuals within the Under 25 years age group demonstrated a remarkable increase of $18,001(92.88%), escalating from a median of $19,380 in 2011 to $37,381 in 2021.
  • 7(3%) households where the householder is under 25 years old.
  • 111(47.64%) households with a householder aged between 25 and 44 years.
  • 36(15.45%) households with a householder aged between 45 and 64 years.
  • 79(33.91%) households where the householder is over 65 years old.
The bar chart shows Warwick, GA median household income by age of householder. All incomes have been adjusted for 2022 inflation using the Consumer Price Index retroactive series (R-CPI-U-RS).
Warwick, GA median household income by age of householder: It offers a clear illustration of the differences in median household incomes in Warwick, based on the age of householders divided into four cohorts : Under 25 years, 25 - 44 years, 45 to 64 years and 65 years and over. Source: U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates

Read more about Warwick, GA median household income by age ➔

Gender

In Warwick, the population consists of 356 males (56.60%) and 273 females (43.40%). Here are the primary highlights from the gender-based income distribution analysis:

  • In Warwick, the median income for all workers aged 15 years and older, regardless of work hours, was $23,020 for males and $19,666 for females.
  • However, when specifically considering full-time, year-round workers within the same age group, while the Census reported a median income of $33,986 for males, while data for females was unavailable due to an insufficient number of sample observations.
  • In Warwick, the median income for all workers aged 15 years and older, regardless of work hours, was $23,020 for males and $19,666 for females.
  • In Warwick, for full-time, year-round workers aged 15 years and older, while the Census reported a median income of $33,986 for males, while data for females was unavailable due to an insufficient number of sample observations.
Line chart showing the annual median income trends in Warwick, GA for males and females across four employment categories: (1) Males in full-time year-round positions, (2) Males in non-full-time roles (part-time and other employment types), (3) Females in full-time year-round positions, and (4) Females in non-full-time roles (part-time and other employment types).
Warwick, GA gender based income disparity: Gain insights into gender-based pay disparity trends and explore the variations in income for male and female individuals, in 2022 inflation adjusted dollars. Source: U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates

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Race

In Warwick, the population is predominantly Black or African American, constituting 62.96% 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 $31,415.
  • In Warwick, despite the Black or African American population being the most populous, it is worth noting that White households actually reports the highest median household income, with a median income of $50,706. This reveals that, while Black or African Americans may be the most numerous in Warwick, White households experience greater economic prosperity in terms of median household income.
  • In Warwick, the median household income for the households where the householder is White increased by $16,777(49.45%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $33,929 in 2011 and $50,706 in 2021.
  • In Warwick, the median household income for the households where the householder is Black or African American increased by $11,206(55.45%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $20,209 in 2011 and $31,415 in 2021.
The bar chart shows Warwick, GA median household income across all racial categories identified by the U.S. Census Bureau.
Warwick, GA median household income diversity across racial categories: Gain insights into economic disparities and trends and explore the variations in median houshold income for diverse racial categories. Source: U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates

Read more about Warwick, GA median household income by race ➔

Year by year

Warwick, GA median household income trends by year, family type and household size (2010-2021):

  • From 2010 to 2021, the median household income for Warwick increased by $14,834 (43.76%), as per the American Community Survey estimates.
  • Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 7 years and declined for 4 years.
  • The most significant year-by-year growth occured from 2019 to 2020, when the median household income increased by 17,433 (from $28,500 to $45,933). Similarly the most substantial year-by-year decline occured from 2010 to 2011, when the median household income decreased by 5,897 (from $33,901 to $28,004).
  • It then further increased to $49,485 for 4-person households, the largest household size for which the bureau reported a median household income.
  • With a Gini coefficient of 0.4159, it is evident that income distribution in Warwick, GA exihibits characterstics of moderate inequality .
  • For the family households, the median income (in 2022 inflation-adjusted dollars) was $49,336. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $18,016.
The line chart shows Warwick, GA median household income from 2010 to 2021. The orange line represents Census Bureau data for median household income (without adjusting for any inflation), while the blue line shows inflation-adjusted median household income for 2022.
Warwick, GA median household income trends: 2010 to 2021. The chart illustrates income fluctuations over the years, highlighting the impact of inflation on economic trends. Source: U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates

Read more about Warwick, GA median household income ➔

References

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Warwick, GA Demographics

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Median household income of places that contain Warwick (in 2022 dollars)
Median household income of nearby cities (in 2022 dollars)

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Neilsberg Research
Neilsberg Research team are data scientists with expertise in processing, analysis and visualization of big data helping small businesses make right decisions.

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