All incomes in 2022 inflation-adjusted dollars using R-CPI-U-RS. Sources: U.S. Census Bureau, American Community Survey (ACS) 2017-2021 5-Year Estimates
TABLE OF CONTENTS
Age of householder
Per the latest American Community Survey by the Census Bureau, White River sees its highest median household income among householders in the age group of 45 to 64 years old, at $89,369. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in White River, the median household income stands at $89,369 for householders within the 45 to 64 years age group, followed by $77,555 for the 25 to 44 years age group. Notably, householders within the 65 years and over age group, had the lowest median household income at $39,859.
- Notably, household income for individuals within the 45 to 64 years age group demonstrated a remarkable increase of $41,152(85.35%), escalating from a median of $48,217 in 2011 to $89,369 in 2021.
- 0 households where the householder is under 25 years old.
- 38(22.22%) households with a householder aged between 25 and 44 years.
- 89(52.05%) households with a householder aged between 45 and 64 years.
- 44(25.73%) households where the householder is over 65 years old.
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Gender
In White River, the population consists of 272 males (46.74%) and 310 females (53.26%). Here are the primary highlights from the gender-based income distribution analysis:
- In White River, while the Census reported a median income of $36,770 for all male workers aged 15 years and older, data for females in the same category was unavailable due to an insufficient number of sample observations.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $38,507 for males and $49,808 for females.
- In White River, while the Census reported a median income of $36,770 for all male workers aged 15 years and older, data for females in the same category was unavailable due to an insufficient number of sample observations.
- In White River, among full-time, year-round workers aged 15 years and older, males earned a median income of $38,507, while females earned $49,808
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Race
In White River, the population is predominantly American Indian and Alaska Native, constituting 63.92% of the total residents. Here are the key highlights from the analysis of income distribution by race:
- The median household income for American Indian and Alaska Native households is not available from the U.S. Census Bureau, possibly due to insufficient sample size, confidentiality or privacy constraints..
- In White River, despite the American Indian and Alaska Native 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 White households actually reports the highest median household income, with a median income of $78,967. This reveals that, while American Indian and Alaska Natives may be the most numerous in White River, White households experience greater economic prosperity in terms of median household income.
- In White River, the median household income for the households where the householder is White increased by $34,183(76.33%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $44,784 in 2011 and $78,967 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
White River, SD median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for White River increased by $28,801 (78.13%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 8 years and declined for 3 years.
- The most significant year-by-year growth occured from 2020 to 2021, when the median household income increased by 15,205 (from $50,460 to $65,665). Similarly the most substantial year-by-year decline occured from 2015 to 2016, when the median household income decreased by 12,069 (from $41,812 to $29,743).
- It then further increased to $95,159 for 3-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.3585, it is evident that income distribution in White River, SD exihibits characterstics of moderate equality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $51,184. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $39,183.
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References
- U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates
- Consumer Price Index retroactive series using current methods (R-CPI-U-RS)