Gender
In Weston, the population consists of 32,961 males (48.37%) and 35,187 females (51.63%). Here are the primary highlights from the gender-based income distribution analysis:
- In Weston, the median income for all workers aged 15 years and older, regardless of work hours, was $63,518 for males and $36,801 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $103,494 for males and $77,405 for females.
- In Weston, the median income for all workers aged 15 years and older, regardless of work hours, was $63,518 for males and $36,801 for females.
- In Weston, among full-time, year-round workers aged 15 years and older, males earned a median income of $103,494, while females earned $77,405, leading to a 25% gender pay gap among full-time workers. This illustrates that women earn 75 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 Weston, the population is predominantly White, constituting 65.27% 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 $159,515.
- In Weston, White is both the largest group and the one with the highest median household income, which stands at $159,515.
- In Weston, the median household income for the households where the householder is White increased by $51,781(48.06%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $107,734 in 2012 and $159,515 in 2022.
- 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 2012 and 2022.
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Year by year
Weston, FL median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Weston increased by $6,646 (5.27%), 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 2018 to 2019, when the median household income increased by 6,867 (from $117,035 to $123,902). Similarly the most substantial year-by-year decline occured from 2013 to 2014, when the median household income decreased by 3,738 (from $117,431 to $113,693).
- It then further increased to $241,009 for 7-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.4351, it is evident that income distribution in Weston, FL exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $132,908. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $51,039.
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