Age of householder
Per the latest American Community Survey by the Census Bureau, Washington County sees its highest median household income among householders in the age group of 45 to 64 years old, at $47,805. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Washington County, the median household income stands at $47,805 for householders within the 45 to 64 years age group, followed by $33,789 for the 65 years and over age group. Notably, householders within the under 25 years age group, had the lowest median household income at $22,583.
- Notably, household income for individuals within the Under 25 years age group demonstrated a remarkable increase of $8,865(64.62%), escalating from a median of $13,718 in 2011 to $22,583 in 2021.
- 63(1.28%) households where the householder is under 25 years old.
- 1,070(21.67%) households with a householder aged between 25 and 44 years.
- 1,891(38.29%) households with a householder aged between 45 and 64 years.
- 1,914(38.76%) households where the householder is over 65 years old.
Read more about Washington County, NC median household income by age ➔
Gender
In Washington County, the population consists of 5,524 males (49.40%) and 5,659 females (50.60%). Here are the primary highlights from the gender-based income distribution analysis:
- In Washington County, the median income for all workers aged 15 years and older, regardless of work hours, was $32,528 for males and $18,650 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $50,974 for males and $36,481 for females.
- In Washington County, the median income for all workers aged 15 years and older, regardless of work hours, was $32,528 for males and $18,650 for females.
- In Washington County, among full-time, year-round workers aged 15 years and older, males earned a median income of $50,974, while females earned $36,481, leading to a 28% gender pay gap among full-time workers. This illustrates that women earn 72 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.
Read more about Washington County, NC income by gender ➔
Race
In Washington County, the population is predominantly Black or African American, constituting 48.95% 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 $22,216.
- In Washington County, despite the Black or African American 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 $129,993. This reveals that, while Black or African Americans may be the most numerous in Washington County, Two or More Races households experience greater economic prosperity in terms of median household income.
- In Washington County, the median household income for the households where the householder is White decreased by $10,018(15.57%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $64,334 in 2011 and $54,316 in 2021.
- In Washington County, the median household income for the households where the householder is Black or African American decreased by $5,570(20.05%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $27,786 in 2011 and $22,216 in 2021.
Read more about Washington County, NC median household income by race ➔
Year by year
Washington County, NC median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Washington County decreased by $8,541 (19.35%), 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 1,692 (from $41,096 to $42,788). Similarly the most substantial year-by-year decline occured from 2019 to 2020, when the median household income decreased by 6,251 (from $41,312 to $35,061).
- It then further increased to $83,014 for 4-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.4994, it is evident that income distribution in Washington County, NC exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $60,184. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $21,701.
Read more about Washington County, NC median household income ➔