Age of householder
Per the latest American Community Survey by the Census Bureau, Webbers Falls sees its highest median household income among householders in the age group of 45 to 64 years old, at $67,557. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Webbers Falls, where there exist only two delineated age groups, the median household income is $67,557 for householders within the 45 to 64 years age group, compared to $36,481 for the 25 to 44 years age group.
- Notably, household income for individuals within the 45 to 64 years age group demonstrated a remarkable increase of $36,139(115.03%), escalating from a median of $31,418 in 2011 to $67,557 in 2021.
- 0 households where the householder is under 25 years old.
- 52(27.81%) households with a householder aged between 25 and 44 years.
- 58(31.02%) households with a householder aged between 45 and 64 years.
- 77(41.18%) households where the householder is over 65 years old.
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Gender
In Webbers Falls, the population consists of 205 males (45.05%) and 250 females (54.95%). Here are the primary highlights from the gender-based income distribution analysis:
- In Webbers Falls, the median income for all workers aged 15 years and older, regardless of work hours, was $27,361 for males and $28,104 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $49,722 for males and $34,454 for females.
- In Webbers Falls, the median income for all workers aged 15 years and older, regardless of work hours, was $27,361 for males and $28,104 for females.
- In Webbers Falls, among full-time, year-round workers aged 15 years and older, males earned a median income of $49,722, while females earned $34,454, leading to a 31% gender pay gap among full-time workers. This illustrates that women earn 69 cents for each dollar earned by men in full-time roles. This level of income gap emphasizes the urgency to address and rectify this ongoing disparity, where women, despite working full-time, face a more significant wage discrepancy compared to men in the same employment roles.
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Race
In Webbers Falls, the population is predominantly White, constituting 60.66% 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 not available from the U.S. Census Bureau, possibly due to insufficient sample size, confidentiality or privacy constraints..
- In Webbers Falls, despite the White 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 American Indian and Alaska Native households actually reports the highest median household income, with a median income of $51,343. This reveals that, while Whites may be the most numerous in Webbers Falls, American Indian and Alaska Native households experience greater economic prosperity in terms of median household income.
- In Webbers Falls, the median household income for White households was $27,283 in 2011(2022 inflation-adjusted dollars). However there is no reported data for 2021, indicating a lack of information for this specific year.
- As per the U.S. Census Bureau population data, in Webbers Falls, there are no households where the householder is Black or African American; hence, the median household income for the Black or African American population is not applicable.
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Year by year
Webbers Falls, OK median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Webbers Falls increased by $25,192 (86.30%), 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 2020 to 2021, when the median household income increased by 11,891 (from $42,493 to $54,384). Similarly the most substantial year-by-year decline occured from 2014 to 2015, when the median household income decreased by 2,027 (from $33,463 to $31,436).
- It then further increased to $50,668 for 4-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.5593, it is evident that income distribution in Webbers Falls, OK exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $77,401. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $20,718.
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