Age of householder
Per the latest American Community Survey by the Census Bureau, Webb town sees its highest median household income among householders in the age group of 45 to 64 years old, at $107,563. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Webb town, where there exist only two delineated age groups, the median household income is $107,563 for householders within the 45 to 64 years age group, compared to $57,295 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 $8,406(8.48%), escalating from a median of $99,157 in 2011 to $107,563 in 2021.
- 0 households where the householder is under 25 years old.
- 140(22.44%) households with a householder aged between 25 and 44 years.
- 173(27.72%) households with a householder aged between 45 and 64 years.
- 311(49.84%) households where the householder is over 65 years old.
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Gender
In Webb town, the population consists of 679 males (50.67%) and 661 females (49.33%). Here are the primary highlights from the gender-based income distribution analysis:
- In Webb town, the median income for all workers aged 15 years and older, regardless of work hours, was $45,705 for males and $38,579 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $64,032 for males and $90,189 for females.
- In Webb town, the median income for all workers aged 15 years and older, regardless of work hours, was $45,705 for males and $38,579 for females.
- In Webb town, among full-time, year-round workers aged 15 years and older, males earned a median income of $64,032, while females earned $90,189
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Race
In Webb town, the population is predominantly White, constituting 97.76% 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 $101,593.
- In Webb town, White is both the largest group and the one with the highest median household income, which stands at $101,593.
- In Webb town, the median household income for the households where the householder is White increased by $18,507(22.27%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $83,086 in 2011 and $101,593 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.
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Year by year
Webb, New York median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Webb town increased by $34,017 (50.34%), 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 35,413 (from $65,153 to $100,566). Similarly the most substantial year-by-year decline occured from 2015 to 2016, when the median household income decreased by 13,233 (from $79,288 to $66,055).
- It then further increased to $103,934 for 2-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.3098, it is evident that income distribution in Webb, New York exihibits characterstics of moderate equality .
- NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $52,694.
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