Gender
In Wheatcroft, the population consists of 63 males (37.50%) and 105 females (62.50%). Here are the primary highlights from the gender-based income distribution analysis:
- In Wheatcroft, the median income for all workers aged 15 years and older, regardless of work hours, was $39,060 for males and $18,579 for females.
- However, when specifically considering full-time, year-round workers within the same age group, while the Census reported a median income of $52,115 for males, while data for females was unavailable due to an insufficient number of sample observations.
- In Wheatcroft, the median income for all workers aged 15 years and older, regardless of work hours, was $39,060 for males and $18,579 for females.
- In Wheatcroft, for full-time, year-round workers aged 15 years and older, while the Census reported a median income of $52,115 for males, while data for females was unavailable due to an insufficient number of sample observations.
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Race
In Wheatcroft, the population is predominantly White, constituting 100% 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 $39,859.
- In Wheatcroft, White is both the largest group and the one with the highest median household income, which stands at $39,859.
- In Wheatcroft, the median household income for the households where the householder is White decreased by $30,423(43.29%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $70,282 in 2011 and $39,859 in 2021.
- As per the U.S. Census Bureau population data, in Wheatcroft, 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
Wheatcroft, KY median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Wheatcroft decreased by $15,986 (28.63%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 2 years and declined for 9 years.
- The most significant year-by-year growth occured from 2018 to 2019, when the median household income increased by 16,285 (from $29,644 to $45,929). Similarly the most substantial year-by-year decline occured from 2011 to 2012, when the median household income decreased by 12,913 (from $67,667 to $54,754).
- Additionally, the Census Bureau did not report a median household income for larger household sizes.
- With a Gini coefficient of 0.4843, it is evident that income distribution in Wheatcroft, KY exihibits characterstics of moderate inequality .
- NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $46,965.
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