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, Wilkes-Barre sees its highest median household income among householders in the age group of 45 to 64 years old, at $55,513. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Wilkes-Barre, householders within the 45 to 64 years age group have the highest median household income at $55,513, followed by those in the 25 to 44 years age group with an income of $51,376. Meanwhile householders within the 65 years and over age group report the second lowest median household income of $40,381. Notably, householders within the under 25 years age group, had the lowest median household income at $21,573.
- Notably, household income for individuals within the 65 years and over age group demonstrated a remarkable increase of $12,038(42.47%), escalating from a median of $28,343 in 2011 to $40,381 in 2021.
- 773(4.65%) households where the householder is under 25 years old.
- 6,133(36.91%) households with a householder aged between 25 and 44 years.
- 5,375(32.35%) households with a householder aged between 45 and 64 years.
- 4,333(26.08%) households where the householder is over 65 years old.
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Gender
In Wilkes-Barre, the population consists of 21,628 males (49.06%) and 22,458 females (50.94%). Here are the primary highlights from the gender-based income distribution analysis:
- In Wilkes-Barre, the median income for all workers aged 15 years and older, regardless of work hours, was $32,537 for males and $22,046 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $44,253 for males and $41,071 for females.
- In Wilkes-Barre, the median income for all workers aged 15 years and older, regardless of work hours, was $32,537 for males and $22,046 for females.
- In Wilkes-Barre, among full-time, year-round workers aged 15 years and older, males earned a median income of $44,253, while females earned $41,071, resulting in a 7% gender pay gap among full-time workers. This illustrates that women earn 93 cents for each dollar earned by men in full-time positions. While this gap shows a trend where women are inching closer to wage parity with men, it also exhibits a noticeable income difference for women working full-time in the city of Wilkes-Barre.
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Race
In Wilkes-Barre, the population is predominantly White, constituting 61.78% 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 $49,254.
- In Wilkes-Barre, despite the White population being the most populous, it is worth noting that Asian households actually reports the highest median household income, with a median income of $57,992. This reveals that, while Whites may be the most numerous in Wilkes-Barre, Asian households experience greater economic prosperity in terms of median household income.
- In Wilkes-Barre, the median household income for the households where the householder is White increased by $9,361(23.47%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $39,893 in 2011 and $49,254 in 2021.
- In Wilkes-Barre, the median household income for the households where the householder is Black or African American increased by $5,467(19.61%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $27,880 in 2011 and $33,347 in 2021.
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Year by year
Wilkes-Barre, PA median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Wilkes-Barre increased by $6,035 (15.15%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 4 years and declined for 7 years.
- The most significant year-by-year growth occured from 2017 to 2018, when the median household income increased by 2,581 (from $38,903 to $41,484). Similarly the most substantial year-by-year decline occured from 2014 to 2015, when the median household income decreased by 582 (from $38,919 to $38,337).
- It then further increased to $69,553 for 7-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.4518, it is evident that income distribution in Wilkes-Barre, PA exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $57,857. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $29,248.
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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)